PROFILE OF THE DIRECTORS
Engr. Afsar Uddin Ahmad, Chairperson
Alltex Industries Limited and its allied companies were founded by a philanthropist and educationist
Engr. Afsar Uddin Ahmad who has a commitment to the soil as a front line Freedom Fighter and
organizer of the Liberation War of Bangladesh. He is an Ex-Member of Parliament of Bangladesh.
Mr. Ahmad is a graduate in Civil Engineering from BUET. He set up Alltex Group in 1985 and acted
as pivotal force behind phenomenal success of the group. As a pioneer of Home-Textile
manufacturing company in Bangladesh in mid-eighties, today the group has emerged as one of the
largest and thriving conglomerates in Bangladesh. Mr. Ahmed is a self-motivated person with strong
principles. His impeccable honesty, dedication and sincerity favored him to become one of the
prosperous and illustrious industrialists at home and abroad. Mr. Ahmed is a strong believer in
developing human resource. He is also founder Chairman of BGC Trust University, BGC Trust
Medical College and Ibrahim Iqbal Memorial Hospital Limited situated in his own village
Chandanaish at Chittagong District. It is the largest private University and Medical College in rural
area of Bangladesh. To spread education and improve health care service, BGC Trust runs several
service oriented institutions there. They are (1) Maulana Mohammad Ishaq Shishu Niketon (a primary
school) (2) Begum Gul Chemonara Academy (School and College) (3) BGC Trust Medical College
(4) BGC Trust University Bangladesh (a full-fledge private University) (5) Ibrahim Iqbal Memorial
Hospital Limited (500 bed modern complete hospital) and (6) Begum Osman Ara Nursing Institute (to
be started soon). At present about five thousand students are studying in these institutes. Here a
student starts primary education can even obtain the highest university degree utilizing the benefits
and facilities of the single campus.
Mrs. Hasna Ahmad, Director
Mrs. Hasna Ahmad, wife of Engr. Afsar Uddin Ahmad, is the Director of Alltex Industries Limited.
She is one of the sponsors of the company and has been included as a member of the Board of
Directors as nominated director of Bastu Shilpi Limited where she is a director since its inception.
Mrs. Hasna Ahmad is also Co-Chairperson of the Board of Trustees of BGC Trust. She engages
herself with various social services and welfare activities. She is member of Audit Committee and
Nomination and Remuneration Committee of Alltex Industries Limited.
Mr. Imtiaz Uddin Ahmad Asif, Managing Director & CEO
Mr. Imtiaz Uddin Ahmad Asif, present Managing Director & CEO of Alltex Industries Limited from
January 27, 2015 and nominated director of Alltex Fabrics Limited. Mr. Asif is a Barrister by
profession and completed his education in UK. He has been involved in various businesses since
shifted to Bangladesh in 2004. He is also director of Alltex Fabrics Limited, Bastu Shilpi Limited,
Bangladesh Chemical Complex (Pvt.) Limited and Member of BGC Trust University and BGC Trust
Mr. Fahim Uddin Ahmad Arif, Director
Mr. Fahim Uddin Ahmad Arif was former MD & CEO of Alltex Industries Limited and nominated
director of Bastu Shilpi Corporation Ltd. He obtained his bachelor degree in Business Administration
(BBA) in London, UK and MBA degree from Sweden. He has received extensive training on Textile
Machinery in Bangladesh, UK, Australia and Singapore. Mr. Arif’s current research interests are in
the areas of textile sector, economic growth and inequality, green growth, macroeconomic policy and
financial sector policy. Mr. Arif is a truly dedicated business personality and gained extensive and
diversified knowledge in various industrial sectors especially in the field of textile focusing on
resource efficient production and having wide exposures in the industrial labour management, export
market and so on. He is also a Director of Alltex Fabrics Limited, Bastu Shilpi Limited and Member
of BGC Trust. Mr. Arif is now in leave of absence with Board’s permission for pursuing higher
studies in abroad.
Mr. Helal Uddin Ahammed, Nominated Director
Mr. Helal Uddin Ahammed is director nominated by Investment Corporation of Bangladesh (ICB) in
our Board. Mr. Helal Uddin Ahammed is serving as Deputy General Manager of ICB. He is also
known as knowledgeable and hard working person having vast experience in the capital market of the
Mr. Mizanur Rahman, Independent Director
Mr. Mizanur Rahman completed his Bachelor of Commerce and Master of Commerce (Management)
from Chittagong University. He is presently 61 years old. He commenced his career with Morimuto
Gumi S/A Limited, Japan in their Saudi Arabia office. The board of directors of Alltex Industries
Limited in its meeting held on May 30, 2019 appointed him as independent director with effect from
May 30, 2019 for a term of 3 years. He is member of “Audit Committee” and “Nomination and
Remuneration Committee” of Alltex Industries Limited and he has not any other relationship with the
sponsors, company or its subsidiary or associate companies.
He was the Managing Director and CEO of International Integrated Medical Services. He has
acquired wide range of experience in different kinds of project development as well as commercial
and internal accounts of a company. He has extensive knowledge in the field of commerce and
He is neither a member/director/officer of any stock exchange nor shareholder/director/officer of any
member of stock exchange. He is also not acting as an independent director in any other company.
Mr. Shaid Rezaus Sarwer, Independent Director
Mr. Shaid Rezaus Sarwer has completed his Bachelor of Business Administration (Marketing) from
Chittagong University, Bangladesh and also obtained Master of Business Administration (Marketing)
from the same University. Afterwards he completed his M.Sc Banking & Finance from Middlesex
University, London, United Kingdom. He has long 18 years’ experience of working in sales,
administration & human resources, export and international marketing department of several
renowned business houses of the country as well as abroad. The board of directors of Alltex Industries
Limited in its meeting held on November 26, 2020 appointed him as independent director with effect
from November 26, 2020 for a term of 3 years. He is chairman of “Audit Committee” and
“Nomination and Remuneration Committee” of Alltex Industries Limited and he has not any other
relationship with the sponsors, company or its subsidiary or associate companies.
Mr. Sarwer is a knowledgeable individual with integrity and is able to ensure compliance with
financial, regulatory and company laws and has more than 18 years of corporate management
experience. Mr. Sarwer was the Deputy General Manager (International Marketing) of Momtex Expo
Ltd., sister concern of Pakiza Group and he has long involvement with many associations in the
industrial sector primarily in the home textile sector.
He is neither member/director/officer of any Stock Exchange nor shareholder/director/officer of any
member of Stock Exchange. He is also not acting as an Independent Director in any other company.