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.
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 | 11,267 |
Authorized capital | 3,00,000,000 |
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
Mr. Kamran Tanvirur Rahman
Chairman
Ms. Shusmita Anis
Member
Mr. Golam Mainuddin
Member
Mr. Mohammad Mostafizur Rahman
Secretary
Nomination and Remuneration Committee
Mr. Kamran Tanvirur Rahman
Chairman
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 |
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- Standard Chartered Bank
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- Dhaka Bank PLC
- Prime Bank PLC
- Mercantile Bank PLC
- Agrani Bank PLC
- Dutch-Bangla Bank PLC
- BRAC Bank PLC
- Commercial Bank of Ceylon Plc
- One Bank PLC
- Jamuna Bank PLC
- Al Arafah Islami Bank PLC
- Bank Alfalah Ltd.
- National Credit and Commerce Bank
- United Commercial Bank PLC
- Premier Bank PLC
- Meghna Bank PLC
- Trust Bank PLC
- Community Bank Bangladesh PLC
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- Bank Asia PLC
- Midland Bank PLC
- Citizens Bank PLC
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- NRB Bank PLC