Company Profile
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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. Kamran Tanvirur Rahman
Independent Director
Mr. Juned Ahmed Choudhury
Director
Mr. Adil Husain
Independent 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
A. Wahab & 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