Strategic Mnagment of Akj Group

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Abul Khair Group
 

 

The Strategic management process Step 1a: Defining the business Abul Khair Group started in the business race in 1953 founded by Late Mr. Abul Khair with what was considered a nominal investment during that period, the traditional business was set up focusing on Biri (Handmade cigarettes) coupled with other allied businesses. Abul Khair Tobacco in the traditional sector earned the highest reputation and became the market leader in the country. Over time, the group focused in diversification and it has gradually shaped up the existing business with strong presence in Cement, Steels, Tobacco & Biri (handmade cigarettes) including manufacturing and marketing of consumer goods of diversified range besides it’s well set trading business. Currently, it is one of the leading and successful business houses in the country. In 2010, the group is aiming to attain USD $500 Million being its annual turnover. The company is still looking for more investment in the area of its expertise.

Abul Khair Group has been significantly contributing in the employment generation of the country as well as making strong contribution in the Government exchequer. It has its state of the art operations like Cement and Steel facilitating latest technology to take place in the country. At present it has created more than 10,000 + direct and indirect employment throughout the country. AKG maintains an amicable relationship with a number of well-established banks in Bangladesh. Among these banks are EXIM, Standard Chartered, City and Pubali Bank. AKG has acquired extensive credit lines form the City Bank and the Pubali Bank, giving them a competitive edge over their competitors. The group is managed by professionals which includes both expatriates & locals. Now, besides its owners (Directors/Share Holders), a corporate structure has been created by a board of Directors of professional reputation aiming to bring meaningful professionalism in the business under the changing circumstance. 1 | P a g e    

ABUL KHAIR GROUP CORPORATE ORGANIZATION STRUCTURE 2010
ABUL HASHEM

CHAIRMAN
& SHARE HOLDER M. H. KAMAL GENERAL MANAGER TRADING BUSINESS CORPORATE RELATIONS & CORP. AFFAIRS ( CHAIRMAN SUPPORT BY DIRECTORS )

ADVISER ( LEGAL & COMPANY AFFAIRS) BAT-AT-LAW DR.KAMAL HOSSAIN S.S ISLAM DIRECTOR & SHARE HOLDER STEEL, BABY FOODS & EXPORTS A.S.CHOWDHURY DY.MANAGING DIRECTOR & SHARE HOLDER (OPERATIONAL HEAD) ABUL HASHEM MANAGING DIRECTOR & SHARE HOLDER

S.HASSAN DIRECTOR (MARKETING & SALES) GROUP

C. P. KAPOOR HEAD OF TECHNICAL GROUP

M. K. ALAM EXECUTIVE DIRECTOR WITH FINANCE PORTFOLIO

SALEH U. AHMED HEAD OF HUMAN RESOURCES GROUP

PORTFOLIO:
•Brands & Innovation •Media & MR •Sales & Customer Mgt.

PORTFOLIO:
•Planning ( Production & Materials Planning) •Making •Delivery ( Distribution) •Technical services, safety & Projects

PORTFOLIO:
•Investment & Business feasibility •Accounts & Finance • Acquisition, Merger or Divestment •Audit & internal control •MIS & IT •Shipping

PORTFOLIO:
•Organization dev. •HR process & systems •HR development •Labor Mgt. & relations •Employee relations •Security •Personnel services

Covers all divisions ( STEEL, CEMENT, TOBACCO & CONSUMER’S GOODS + TRADING

Functional Directors & Senior Managers of the operation:

Mr. C.P Kapoor is holding the portfolio of as Head of Technical. Two expatriate Technical Advisors have been working with the group covering technical issues on steel & Tobacco. All other functional Directors are professionals of high reputation in Bangladesh having long working experience with local & multinational companies. DMD is holding the Marketing & Sales portfolio Mr. K. Alam holding the Finance portfolio was the MD of different local & multinational banks M.A in social science with more than 25 years of experience in banking & finance Mr. Saleh U. Ahmed is holding the HR & Admin portfolio, is an Ex-Unilever HR Manager, a professional with more than 25...
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