ACI in Brief
Imperial Chemical Industries, a British multinational
established a Branch in the then East Pakistan which
was converted into a company after liberation, named
ICI Bangladesh Manufacturers Limited. In 1992
ICI divested its investment in Bangladesh to the
Management, when its name was changed to
Advanced Chemical Industries (ACI) Limited.
ACI Limited, being one of the largest conglomerates in
Bangladesh with a multinational heritage operates
across the country through its four diversified
strategic business units. ‘Health Care Division’ is
dedicated to improve the health of the people of
Bangladesh through introduction of innovative and
reliable Pharmaceuticals products.
‘Consumer Brands Division’ is adding value to the
daily life of consumers through its Toiletries, Home
Care, Hygiene, Electrical, Electronics, Mobile, Salt,
Flour, Foods, Rice, Tea, Edible Oil, Paints and
International Businesses. ‘Agribusinesses Division’
is the largest integrator in Bangladesh in
Agriculture, Livestock, Fisheries, Farm Mechanization,
Infrastructure Development Services Motorcycle,
Marine & Reverine technology and Avionics. ‘Retail
Chain Division’ is the largest retail chain in
Bangladesh operating through its SHWAPNO outlets
including 136 newly opened outlets across the country
by touching the lives of over 65,000 customers each
day. ACI and its subsidiaries contributed Taka 16,732
million to the National Exchequer during FY
2022-2023 in the form of corporate tax, custom duty
and value added tax.
Basic Info
Full Name | Advanced Chemical Industries Limited |
Incorporation Date | 24 January 1973 |
Registration No | C-3885 |
Company Type | Public Limited |
Number of employees | 11,077 |
Authorized capital | 1,500,000,000 |
Issued and paid capital | 762,056,260 |
No of Shares | 76,205,626 |
Face Value | 10 |
Year End | 30 June |
Board of Directors
Mr. M. Anis Ud Dowla
Chairman
Mr. Abdul-Muyeed Chowdhury
Director
Ms. Shusmita Anis
Director
Mr. Anisuddin Ahmed Khan
Director
Mr. Juned Ahmed Choudhury
Director
Dr. Arif Dowla
Managing Director
Mr. Golam Mainuddin
Director
Board Committees
Audit Committee
Ms. Shusmita Anis
Member
Mr. Golam Mainuddin
Member
Mr. Mohammad Mostafizur Rahman
Secretary
Nomination and Remuneration Committee
Mr. Juned Ahmed Choudhury
Member
Mr. Golam Mainuddin
Member
Mr. Mohammad Mostafizur Rahman
Secretary
Executive Management
Dr. Arif Dowla
Managing Director
Mr. Sabbir Hasan Nasir
Executive Director, ACI Logistics Division
Ms. Shusmita Anis
Managing Director, ACI Formulations Limited
Mr. Subrata Ranjan Das
Executive Director, ACI Motors Limited
Dr. A.K.M. Fareyzul Haque Ansarey
President, Agribusiness Division
Mr. Md. Monir Hossain Khan
Finance Director
Mr. M Mohibuz Zaman
Chief Operating Officer, ACI HealthCare Division
Mr. Mohammad Mostafizur Rahman
Director, Corporate Affairs & Company Secretary
Mr. Pradip Kar Chowdhury
Executive Director, Finance & Planning
Mr. Md. Moinul Islam
Director, Human Resource
Statutory Position
Mr. Pradip Kar Chowdhury
Chief Financial Officer
Mr. Mohammad Mostafizur Rahman`
Company Secretary
Mr. Amitava Saha
Head of Risk Management & Internal Audit
Auditors
Hoda Vasi Chowdhury & Co., Chartered Accountants
Statutory Auditor
Al-Muqtadir Associates, Chartered Secretaries & Consultants
Governance Compliance Auditor
Advisors
Legal Advisor | Barrister Nihad Kabir |
Advisor, NRC | Mr. Monower Ahmed |
Principal Bankers
- Standard Chartered Bank
- Pubali Bank Limited
- The City Bank Limited
- The Hongkong and Shanghai Banking Corporation Limited
- Dhaka Bank Limited
- Prime Bank Limited
- Pubali Bank Limited
- Mercantile Bank Limited
- Agrani Bank Limited
- Dutch-Bangla Bank Limited
- BRAC Bank Limited
- Commercial Bank of Ceylon Plc
- One Bank Limited
- Jamuna Bank Limited
- Al Arafah Islami Bank Limited
- Bank Alfalah Limited
- National Credit and Commerce Bank
- United Commercial Bank Limited
- Premier Bank Limited
- Meghna Bank Limited
- Trust Bank Limited
- Uttara Bank Limited
- Bank Asia Limited
- Community Bank Limited
- Midland Bank Limited