Morshed Alam

Background

Morshed Alam is the founding chairman of Bengal Group. He started his business career with the establishment of Bengal Plastics Ltd in 1969. He was elected as a member of Parliament in the 10th Parliament with the ticket of the ruling party, Awami League.

Business affiliation

As the chairman of Bengal Group, Morshed Alam leads overall management of the Group and its affiliated entities that include Bengal Polymer Wares Limited, Bengal Plastic Industries Ltd., Bengal Adhesive & Chemical Products Ltd., Bengal Overseas Corporation Ltd., Romania Food & Beverage Ltd., Bengal Poly & Paper Sacks Ltd., Bengal Concept and Holdings Ltd., Poly Cord Industries Ltd., Bengal Corrugated Carton Industries Ltd., Bengal Spinning & Weaving Ltd., Bengal Hyper Market Ltd., Bengal Windsor Thermplastics Ltd., Bengal Teletech Ltd., Bengal Plastic Pipes Ltd., Hamilton Metal Corp. Ltd., Power Utility Bangladesh Ltd., Rahmania Biscuits & Bread Industries Ltd and Bengal Agro Estate Ltd.

Morshed Alam has been on the board of directors at Mercantile Bank Ltd., Desh General Insurance Co. Ltd., The People’s University of Bangladesh and United Hospital Ltd. He is currently chairman of Mercantile Bank

Earlier he was the chairman of National Life Insurance Co. Ltd. He also served on the board at National Housing Finance and Investments Ltd.

Family ties

Morshed Alam and his family members control the ownership of Bengal Group and its various business concerns. His younger brother Md. Jashim Uddin is the vice Chairman of the Group. Morshed Alam’s wife Bilkis Nahar is also a director of the Group. Other three members of the board of directors of Bengal Group are Firoz Alam, Shamsul Alam and Saiful Alam. They are all related to the family of Morshed Alam.

Recognition

Morshed Alam has been declared as a Commercially Important Person (CIP) by the Bangladesh government.  Bengal Group, under his leadership, received multiple Export trophies from the government. In 2008, Bengal Plastics Ltd. received DHL-Daily Star Award as the best enterprise in the country.

Sources:

https://www.bengalgroup.com/board.php

MTB granted Mandate of USD 50 Million to finance the First SwissĂ´tel in Bangladesh by Bengal Group – Mutual Trust Bank Limited