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Company Profile

ICI Bangladesh Manufacturers Limited was a subsidiary of world renowned multinational ICI Plc and was a listed public limited company under Dhaka Stock Exchange. In 1992 ICI Plc divested its shareholding through a management buyout and the company name was changed from ICI Bangladesh Manufacturers Limited to Advanced Chemical Industries (ACI) Limited. ACI Formulations Limited, a subsidiary of ACI, became a public listed company through direct listing.

ACI has diversified into four major strategic business divisions which include Health Care, Consumer Brands, Agribusinesses and Retail Chain.

Strategic Business Units:
  • Pharmaceuticals
  • Consumer Brands & Commodity Products
  • Agribusinesses:
    • Crop Care Public Health
    • Animal Health
    • Fertilizer
    • Cropex
    • Seeds
ACI has the following subsidiaries:
  • ACI Formulations Ltd.
  • ACI Agrgochemicals
  • 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
Joint Ventures:
  • ACI Godrej Agrovet Private Limited
  • Tetley ACI (Bangladesh) Limited
  • Asian Consumer Care (Pvt) Limited
Management Committee:
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. Pradip Kar Chowdhury Executive Director, Finance and Planning
Mr. Sabbir Hasan Nasir Executive Director, Logistics
Mr. Priyatosh Datta Director, Quality Assurance, Pharma
Mr. Abdus Sadeque Director, Marketing & Sales, Pharma
Ms. Sheema Abed Rahman Director, Corporate Affairs
Mr. Md. Monir Hossain Khan Financial Controller
Mr. Imam Ahmed Istiak Director, Operations, Pharma
Financials (Year Ending December 2012)
Authorized Capital Taka 500 Million
Paid Up Capital Taka 238 Million
Sales Taka 21,976 Million
Number of Employees 8,080 (Eight Thousand Eighty)
Board of Directors
Mr. M. Anis Ud Dowla Chairman
Dr. Arif Dowla Managing Director
Mr. Waliur Rahman Bhuiyan OBE Director
Mr. Golam Mainuddin Director
Mr. Md. Fayekuzzaman Director
Mrs. Najma Dowla Director
Mr. Abdul-Muyeed Chowdhury Director
Mr. Juned Ahmed Choudhury Director
Ms. Sheema Abed Rahman Director
Auditors
Hoda Vasi Chowdhury & Co, Chartered Accountants
Legal Advisor
Barrister Rafique-ul Huq, 
Huq and Company
Financial Consultant
Mr. M Sekander Ali
Principal Bankers
  • Standard Chartered Bank 
  • The Hongkong and Shanghai Banking Corporation Limited
  • Commercial Bank of Ceylon Plc
  • Citibank N. A
  • Eastern Bank Limited 
  • The City Bank Limited
  • BRAC Bank Limited
  • AB Bank Limited
  • Bank Alfalah Limited
  • Mercantile Bank Limited
  • Premier Bank Limited
  • Bank Asia Limited
  • Dutch Bangla Bank Limited
  • ONE Bank Limited
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