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Company
Profile |
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ACI was established as the subsidiary of Imperial Chemical Industries (ICI) in the then East Pakistan in 1968. After independence the company has been incorporated in Bangladesh on the 24th of January 1973 as ICI Bangladesh Manufacturers Limited and also as Public Limited Company. This Company also obtained listing with Dhaka Stock Exchange on 28 December, 1976 and its first trading of shares took place on 9 March, 1994. Later on 5 May, 1992, ICI plc divested 70% of its shareholding to local management. Subsequently the company was registered in the name of Advanced Chemical Industries Limited. Listing with Chittagong Stock Exchange was made on 22 October 1995.
Advanced Chemical Industries (ACI) Limited
is one of the leading conglomerates in Bangladesh, with
a multinational heritage. The company has diversified
into three major businesses.
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| Strategic Business Units: |
- Pharmaceuticals
- Consumer Brands & Commodity Products
- Agribusinesses:
- Crop Care Public Health
- Livestock & Fisheries
- Fertilizer
- Cropex
- Seeds
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| ACI has the following subsidiaries: |
- ACI Formulations Ltd.
- Apex Leathercrafts Limited
- ACI Salt Limited
- ACI Pure Flour Limited
- ACI Foods Limited
- Premiaflex Plastics Limited
- Creative Communication Limited
- ACI Motors Limited
- ACI Logistics Limited
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Joint Ventures: |
- ACI Godrej Agrovet Private Limited
- Tetley ACI (Bangladesh) Limited
- Asian Consumer Care (Pvt) Limited
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| Management Committee: |
| Mr. M Anis Ud Dowla |
Chairman |
| Dr. Arif Dowla |
Managing Director |
| Dr. F.H.Ansarey |
Executive Director, Agribusinesses |
| Mr. Syed Alamgir |
Executive Director, Consumer Brands |
| Mr. M. Mohibuz Zaman |
Chief Operating Officer, Pharmaceuticals |
| Mr. Muallem A. Choudhury |
Executive Director, Finance and Planning |
| Mr. Asif Iqbal |
Chief Operating Officer, Corporate Communications |
| Mr.
Towfiqur Rahman |
Director, Business Development |
| Mr. Priyatosh Datta |
Director, Quality Assurance |
| Mr. Pradip Kar Chowdhury |
Financial Controller |
| Ms. Sheema Abed Rahman |
Director, Corporate Affairs |
| Mr. Abdus Sadeque |
Director, Marketing & Sales |
| Mr. Imam Ahmed Istiak |
General Manager, Operations |
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| Financials (Year Ending December 2007) |
| Authorized Capital |
Taka 500 Million |
| Paid Up Capital |
Taka 161.70 Million |
| Sales |
Taka 5756.81 Million |
| Number of Employees |
4027 (Four Thousand Twenty Seven) |
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| Board of Directors |
| Mr. M Anis Ud Dowla |
Chairman |
| Mr. Arif Dowla |
Managing Director |
| Mrs. Najma Dowla |
Director |
| Mr. Waliur Rahman Bhuiyan OBE |
Director |
| Mr. Md. Humayun Kabir |
Director |
| Mr. Golam Mainuddin |
Director |
| Ms. Shusmita Anis Salam |
Director |
| Ms. Sheema Abed Rahman |
Director |
| Mr. Wajed Salam |
Director |
| Mr. Waliur Rahman |
Director |
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| Auditors |
Rahman Rahman Huq
(a member firm of KPMG International) |
| Legal Advisor |
Barrister Rafique-ul Huq,
Huq and Company |
| Financial Consultant |
| Mr. M Sikander Ali |
| Principal Bankers |
- Standard Chartered Bank
- The Hongkong and Shanghai Banking Corporation Limited
- Commercial Bank of Ceylon Limited
- Citibank N. A
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