Aci Ict

ABSTRACT
……..
INTRODUCTION
ACI was established as a 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 Adlo 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 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. ACI limited being one of
the largest conglomerates in Bangladesh with a multinational heritage operates across the country
through its four diversified strategic business unit. These are ACI Pharmaceutical, ACI Consumer Brands,
ACI Agribusinesses and ACI Retail Chain.ACI Limited is one of the leading manufacturing companies in
Bangladesh. This company captures the whole Bangladeshi market and the international market by
their good practice of strategic management. By this assignment, many strategic practice or theory is
represented. Actually this guides all others management processes in a systematic, coherent and
effective approach. It is a continuous activity of assessing the strategic direction of the organization and
its business, and making decisions on a day to day basis addressing changing circumstances. ACI Limited
presents their strategic planning at first that can help them to identify their goals, mission and objective.
Through the strategic management the company can identify its strength, weakness, opportunity and
threats that can make the company more comparative in the market. Then the company's growth
mostly depends on its external environment that include PEST analysis and the internal environment
which included the value chain analysis. ACI Limited takes the better position by their core
competencies and ensures safety of it products and operations for the environment by using standards
of environmental safety, which are scientifically sustainable and commonly acceptable.
COMPANY PROFILE
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.
Advanced Chemical Industries (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.
‘ACI Pharmaceuticals’ is dedicated to improve the health of people of Bangladesh through introduction
of innovative and reliable Pharmaceuticals products.
‘ACI Consumer Brands’ 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. ‘ACI Agribusinesses’ is the largest integrator in Bangladesh in Agriculture, Livestock,
Fisheries, Farm Mechanization, Infrastructure Development Services and Motorcycles. ‘ACI Retail Chain’
is the largest retail chain in the country operating through its 129 SHWAPNO outlets across the country
by touching the lives of over 40,000 households each day. The company contributed Taka 3,770 million
to the National Exchequer during FY 2018-2019 in the form of corporate tax, custom duty and value
added tax.
Basic Information
 Full Name: Advanced Chemical Industries Ltd.
 Incorporation Date: 24 January 1973
 Registration No: C-3885
 Company Type: Public Limited
 Number of employees: 8,364
 Authorized capital: 1500000000
 Issued and paid capital: 573729550
 No of Shares: 57372955
 Face Value: 10
 Year End: 30 June
Board of Directors
 Mr. M. Anis Ud Dowla, Chairman  Mr. Abdul-Muyeed Chowdhury,

 Mr. Golam Mainuddin, Director Director
 Mrs. Najma Dowla, Director  Mr. Adil Husain, Independent Director

 Ms. Shusmita Anis, Director  Mr. Kamran Tanvirur Rahman,
Independent Director
 Mr. Anisuddin Ahmed Khan, Director
 Dr. Arif Dowla, Managing Director
Board Committees
Audit Committee
Nomination and Remuneration Committee
Mr. Kamran Tanvirur Rahman
Chairman Mr. Kamran Tanvirur Rahman
Mr. Golam Mainuddin Chairman
Member Mr. Golam Mainuddin
Ms. Shusmita Anis Member
Member Mrs. Najma Dowla
Mr. Mohammad Mostafizur Rahman Member
Secretary Mr. Mohammad Mostafizur Rahman
Secretary
Executive Management
Dr. A.K.M Fareyzul Haque Ansarey
Managing Director & CEO, ACI Mr. Pradip Kar Chowdhury

Motors Limited, Premiaflex Plastics
Executive Director, Finance & Planning
Limited, ACI Agrolink Limited, ACI
Marine and Riverine Technologies Mr. Sabbir Hasan Nasir
Limited
Executive Director, Logistics
Mr. M Mohibuz Zaman
Mr. Md Monir Hossain Khan
Managing Director, ACI HealthCare Limited,
Finance Director
ACI Biotech Limited
Mr. Imam Ahmed Istiak
Director, Operations, Pharmaceuticals

Statutory Position
Chief Financial Officer: Mr. Pradip Kar Chowdhury
Company Secretary: Mr. Mohammad Mostafizur Rahman
Head of Risk Management & Internal Audit: Mr. Amitava Saha
Auditors
Statutory Auditor: A. Wahab & Co., Chartered Accountants
Governance Compliance Auditor: Al-Muqtadir Associates, Chartered Secretaries
Advisors
Legal Advisor: Barrister Nihad Kabir
Advisor, Regulatory Affairs: Mr. M. Sekander Ali
Advisor, NRC: Mr. Monower Ahmed
Principal Bankers
 Bank Alfalah Limited
 BRAC Bank Limited
 Commercial Bank of Ceylon Plc
 National Credit and Commerce Bank Ltd
 Eastern Bank Limited
 One Bank Limited
 Pubali Bank Limited
 Standard Chartered Bank
 The City Bank Limited
 The Hongkong and Shanghai Banking Corporation Limited
 United Commercial Bank Limited
 Dutch-Bangla Bank Limited
 Prime Bank Limited
 Dhaka Bank Limited
 Mercantile Bank Limited
 Agrani Bank Limited

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ABSTRACT

 Mr. M. Anis Ud Dowla, Chairman  Mr. Abdul-Muyeed Chowdhury,

 Mrs. Najma Dowla, Director  Mr. Adil Husain, Independent Director

Nomination and Remuneration Committee

Mr. Kamran Tanvirur Rahman

Chairman Mr. Kamran Tanvirur Rahman

Mr. Golam Mainuddin Chairman

Member Mr. Golam Mainuddin

Ms. Shusmita Anis Member

Member Mrs. Najma Dowla

Mr. Mohammad Mostafizur Rahman Member

Secretary Mr. Mohammad Mostafizur Rahman

Managing Director & CEO, ACI Mr. Pradip Kar Chowdhury

Director, Operations, Pharmaceuticals

Company Secretary: Mr. Mohammad Mostafizur Rahman

Head of Risk Management & Internal Audit: Mr. Amitava Saha

Governance Compliance Auditor: Al-Muqtadir Associates, Chartered Secretaries

Advisor, Regulatory Affairs: Mr. M. Sekander Ali

Advisor, NRC: Mr. Monower Ahmed

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