The s alam group Board of Directors sits at the heart of one of Bangladesh's most diversified and fast-growing conglomerates. Chaired by founder Mohammed Saiful Alam as Chairman & Managing Director, and supported by Vice Chairman Abdus Samad and a dynamic cohort of executive directors, the Board provides the strategic oversight that powers expansion across banking and financial services, power and energy, media, steel and manufacturing, cement, edible oil, textiles, logistics, hospitality, and insurance.
With many members holding senior positions across group subsidiaries and industry bodies, the Board leverages concentrated cross-directorships to align strategy, accelerate decision-making, and unlock synergies across the entire S. Alam ecosystem.
The Strategic Nerve Centre of a Diversified Conglomerate
S. Alam Group is active across key pillars of Bangladesh's economy, including:
- Banking and financial services– scheduled banks, leasing and finance companies, brokerage and merchant banking.
- Power and energy– independent power projects, Sino-Bangladesh joint venture companies, and gas operations.
- Media– leading electronic media and broadcasting platforms.
- Steel, cement and manufacturing– cold rolled steels, steel products, cement and bags, and industrial raw materials.
- Agro and consumer– edible oil, sugar, flour, hatcheries, and agro-based businesses.
- Textiles and accessories– garments, fabrics, and accessories for export-oriented industries.
- Logistics, trading and properties– cargo logistics, trading companies, tank terminals, and real estate.
- Hospitality and transport– resorts and luxury chair coach services.
- Insurance and capital markets– general insurance, life insurance, and capital market intermediaries.
The Board of Directors integrates these diverse activities under a unified vision, ensuring that each sector benefits from shared financial strength, operational experience, and long-term strategic planning.
Mohammed Saiful Alam: Founder, Chairman & Managing Director
Mr. Mohammed Saiful Alam is the Founder Chairman and Managing Director of S. Alam Group and serves as the central architect of the conglomerate's growth. His leadership spans a powerful portfolio of financial institutions, industrial ventures, and media companies, giving S. Alam Group a unique ability to mobilize capital, manage risk and build brands.
Building a Robust Financial & Capital Markets Ecosystem
Under his chairmanship and sponsorship, Mr. Alam plays key roles in several financial sector entities, including:
- First Security Islami Bank Ltd.– Chairman of a scheduled bank in Bangladesh.
- First Security Islami Capital & Investment Ltd.– Chairman of a merchant bank in Bangladesh.
- Reliance Finance Ltd.– Chairman of a leasing company and non-banking financial institution in Bangladesh.
- Reliance Brokerage Services Ltd.– Chairman of a stock brokerage house in Bangladesh.
- Al-Arafa Islami Bank Ltd.– Sponsor shareholder of a scheduled bank in Bangladesh.
- Padma Islami Life Insurance Ltd.– Sponsor shareholder of a life insurance company.
This integrated involvement gives S. Alam Group a strong and coordinated financial platform, supporting investment into infrastructure, industry, and new ventures across the country.
Driving Power, Media and Industrial Expansion
Beyond finance, Mr. Alam also leads and supports strategic ventures in power, media, and industry:
- SS Power I Ltd.– Chairman of an IPP coal power generation company and Sino-Bangladesh joint venture SPV company.
- Norinco Engineering Limited– Managing Director, deepening strategic collaboration with international partners.
- Ekushey Television Ltd.– Chairman of a prominent electronic media company in Bangladesh.
- Rangdhanu Media Ltd.– Chairman of an electronic media platform.
- Nexus Media Network Ltd.– Director in a growing media venture.
- Northern General Insurance Company Limited– Director of a general insurance company in Bangladesh.
By combining power generation assets, media influence, and industrial capacity, Mr. Alam helps position S. Alam Group as a catalyst for national development and private sector innovation.
Engagement in Education and Business Advocacy
Mr. Alam is also active in educational, social, and business organizations, including:
- Life member of International Islamic University, Chattogram.
- Life member of Kurmitola Golf Club.
- Member of the Federation of Bangladesh Chambers of Commerce & Industries (FBCCI).
- Vice President of the Chittagong Metropolitan Chamber of Commerce & Industries.
These roles extend S. Alam Group's influence into policy dialogue and community development, contributing to a business environment that supports sustainable growth.
Abdus Samad: Vice Chairman & Director (Finance)
Mr. Abdus Samad serves as Vice Chairman of S. Alam Group and Director (Finance), providing financial stewardship across a wide industrial and infrastructure portfolio.
He is directly involved in power, logistics, manufacturing, and agro-related businesses through multiple leadership roles, including:
- Managing Director of S. Alam Power Plant Ltd., Marine Empire Ltd., and Karnaphuli Prakritik Gas Ltd.
- Director of S. Alam Cold Rolled Steels Ltd., S. Alam Steels Ltd., S. Alam Cement Ltd., S. Alam Brothers Ltd., S. Alam Power Generation Ltd., Portman Cement Ltd., S. Alam Soya Seed Extraction Plant Ltd., S. Alam Properties Ltd., S. Alam Tank Terminal Ltd., S. Alam Luxury Chair Coach Services Ltd., S. Alam Hatchery Ltd., Fatehabad Farm Ltd., Sonali Cargo Logistics (Pvt.) Ltd., and Norinco Engineering Ltd.
In the financial sector, his leadership further strengthens S. Alam Group's banking and insurance presence:
- Chairman, Al-Arafa Islami Bank Ltd., a scheduled bank in Bangladesh.
- Director, Northern General Insurance Company Limited, a general insurance company in Bangladesh.
- Director, Reliance Finance Ltd., a non-banking financial institution in Bangladesh.
- Director, AIBL Capital Market Services Ltd., a stock brokerage house in Bangladesh.
- Director, SS Power I Ltd., a joint venture SPV company with China Bangladesh.
Mr. Samad is also a member of various clubs, social organizations, and elite business bodies, reflecting his active engagement in the wider business community. His cross-functional responsibilities help ensure disciplined capital allocation and consistent financial performance across the group.
Executive Directors Driving Sector Excellence
Alongside the Chairman and Vice Chairman, S. Alam Group's executive directors provide specialized leadership across technical, commercial, marketing, transport, and administrative functions. Their cross-directorships enable each subsidiary to benefit from shared knowledge and a common strategic direction.
Engr. Shahidul Alam – Director (Technical)
Engr. Shahidul Alam is Director (Technical) and plays a pivotal role in industrial and power-related operations. His key responsibilities include:
- Managing Director, S. Alam Vegetable Oil Ltd. and Galco Steels (Bangladesh) Ltd.
- Managing Director, Prasad Paradise Resorts Ltd. and Norinco Engineering Ltd.
- Chairman, Union Bank Limited, a scheduled bank in Bangladesh.
- Director, First Security Islami Capital & Investment Ltd., a merchant bank in Bangladesh.
- Director, Reliance Brokerage Services Ltd., a stock brokerage house in Bangladesh.
- Director, SS Power I Ltd. and C & H Power Management Co. Ltd., joint venture SPV companies with China Bangladesh.
With a technical and engineering-focused background, Engr. Shahidul Alam helps bridge operational excellence with financial innovation, especially in power, steel, and hospitality ventures. He is also an active member of various clubs and trade bodies.
Farzana Parveen – Director
Ms. Farzana Parveen brings multi-sector leadership, spanning industrial, logistics, power, property, and financial services:
- Director, S. Alam Vegetable Oil Ltd., Sonali Cargo Logistics (Pvt.) Ltd., S. Alam Power Plant Ltd., S. Alam Properties Ltd., Norinco Engineering Ltd., and Prasad Paradise Resorts Ltd.
- Director, SS Power I Ltd., a Sino-Bangladesh joint venture SPV company.
- Director, First Security Islami Bank Ltd.
- Chairman, Rangdhanu Media Ltd.
- Director, Reliance Finance Ltd., First Security Islami Capital & Investment Ltd., and Reliance Brokerage Services Ltd.
Her roles ensure strong alignment between S. Alam Group's industrial base, logistics network, media presence, and financial platforms.
Morshedul Alam – Director (Marketing)
Mr. Morshedul Alam, Director (Marketing), is closely associated with the group's steel and edible oil businesses, as well as financial services:
- Managing Director, Chemon Ispat Ltd. and S. Alam Super Edible Oil Ltd.
- Director, NRB Global Bank Ltd. and Reliance Brokerage Services Ltd.
His marketing and commercial insights help position S. Alam products competitively, while his financial sector roles contribute to integrated customer and investor relationships.
Rashedul Alam – Director (Administration)
Mr. Rashedul Alam, Director (Administration), provides leadership across trading, resorts, steel, hatchery, property, and petrochemicals:
- Managing Director, Global Trading Corporation Ltd. and Ocean Resorts Ltd.
- Director, S. Alam Steels Ltd., S. Alam Hatchery Ltd., S. Alam Properties Ltd., and Bangladesh Petrochemical Ltd.
- Director, Union Bank Ltd. and Reliance Brokerage Services Ltd.
By linking administration with both industrial and service-oriented companies, he supports efficient governance and cohesive group-wide processes.
Osman Gani – Director (Transport Division)
Mr. Osman Gani, Director (Transport Division), focuses on energy, steel, cement, bag manufacturing, trading, properties, and hospitality:
- Managing Director, Shah Amanat Prakritik Gas Co. Ltd.
- Director, S. Alam Cold Rolled Steels Ltd., S. Alam Cement Ltd., S. Alam Bag Manufacturing Mills Ltd., S. Alam Trading Co. (Pvt.) Ltd., Prasad Paradise Ltd., Ocean Resorts Ltd., and Modern Properties Ltd.
- Director, NRB Global Bank Ltd. and Reliance Brokerage Services Ltd.
His portfolio connects transport, energy, and manufacturing, helping S. Alam Group optimize supply chains and support nationwide distribution.
Mohammed Abdullah Hasan – Director (Commercial)
Mr. Mohammed Abdullah Hasan, Director (Commercial), leads initiatives across commercial, agro-based, property, and energy-linked businesses:
- Managing Director, Hasan Abasan (Pvt.) Ltd.
- Director, S. Alam Cement Ltd., S. Alam Soya Seed Extraction Plant Ltd., S. Alam Refined Sugar Industries Ltd., S. Alam Luxury Chair Coach Services Ltd., S. Alam Brothers Ltd., S. Alam Tank Terminal Ltd., Portman Cements Ltd., Karnaphuli Prakritik Gas Ltd., Fatehabad Farm Ltd., Sonali Cargo Logistics (Pvt.) Ltd., Hasan Abasan (Pvt.) Ltd., Modern Properties Ltd., and Marine Empire Ltd.
- Director, SS Power I Ltd., a joint venture SPV company with China Bangladesh.
- Director, First Security Islami Capital & Investment Ltd.
His commercial expertise helps convert industrial capacity into sustainable revenue streams, reinforcing S. Alam Group's market resilience.
Ahsanul Alam – Director
Mr. Ahsanul Alam is deeply connected to the textiles and accessories segment, along with strategic real estate and power ventures:
- Managing Director, Genesis Textiles Accessories & Apparels Ltd., Western Designers Ltd., C&A Accessories Ltd., and C & A Fabrics Limited.
- Director, Norinco Engineering Ltd. and Hasan Abasan (Pvt.) Ltd.
- Director, SS Power I Ltd., a joint venture SPV company with China Bangladesh.
- Vice Chairman, Union Bank Limited.
By connecting export-oriented textiles with power and banking, he helps position S. Alam Group as a significant contributor to Bangladesh's manufacturing and financial sectors.
Sharmin Fatema – Director
Ms. Sharmin Fatema supports both industrial and financial businesses within the group:
- Managing Director, Bangladesh Petrochemical Ltd.
- Director, Chemon Ispat Ltd.
- Sponsor Shareholder, First Security Islami Bank Ltd.
- Director, First Security Islami Capital & Investment Ltd. and Unique Investment & Securities Ltd.
Her roles reinforce the group's presence in petrochemicals, steel, and capital markets, supporting a balanced industrial-financial growth model.
Shahana Ferdous – Director
Ms. Shahana Ferdous contributes to the edible oil, steel, and financial services arms of S. Alam Group:
- Director, S. Alam Super Edible Oil Ltd. and Galco Steels (Bangladesh) Ltd.
- Director, Union Bank Ltd.
- Sponsor Shareholder, First Security Islami Bank Ltd., Al-Arafa Islami Bank Ltd., Reliance Finance Ltd., and AIBL Capital Market Services Ltd.
Her combination of industrial and financial sponsorship roles helps deepen S. Alam Group's capital base and sector reach.
Farzana Begum – Director
Ms. Farzana Begum enhances S. Alam Group's presence in securities, trading, gas, and flour milling:
- Managing Director, Lion Securities & Investment Ltd.
- Director, Global Trading Corporation Ltd., Shah Amanat Prakritik Gas Co. Ltd., Kingston Flour Mills Ltd., and Infinite CR Strips Industries Ltd.
- Director, Union Bank Ltd. and Times Securities Ltd.
- Sponsor Shareholder, First Security Islami Bank Ltd.
This mix of manufacturing, energy, and capital market roles supports a strong pipeline of investment and growth opportunities across the group.
Marzina Sharmin – Director
Ms. Marzina Sharmin plays an important role in capital markets and industrial inputs:
- Managing Director, Unique Investment & Securities Ltd. and Times Securities Ltd.
- Director, Kingston Flour Mills Ltd. and Infinite CR Strips Industries Ltd.
- Sponsor Shareholder, First Security Islami Bank Ltd.
Her leadership in securities firms and manufacturing companies supports liquidity, investor access, and supply security for S. Alam Group's broader operations.
Cross-Directorships as a Strategic Advantage
One of the defining strengths of the S. Alam Group Board is the high degree of cross-directorship across subsidiaries and affiliated institutions. Many directors simultaneously serve on the boards or in senior management roles of banks, leasing companies, brokerage houses, power plants, industrial companies, logistics providers, and hospitality ventures.
This concentration of leadership delivers several strategic advantages:
- Aligned strategy– Common directors across banks, power projects, and industrial units ensure that investments, financing, and operations move in the same strategic direction.
- Faster decision-making– Cross-functional oversight reduces coordination delays, enabling the group to act quickly on new opportunities or joint ventures.
- Stronger partnerships– Close collaboration with international partners, especially in Sino-Bangladesh joint ventures such as SS Power I Ltd. and Norinco Engineering Ltd., is supported by a unified leadership team.
- Efficient capital deployment– Direct access to banks, merchant banks, leasing companies, and brokerage houses allows S. Alam Group to structure financing in line with project needs.
- Shared expertise– Experience gained in one sector (such as power or media) can be quickly transferred to others (such as logistics or trading), raising performance across the portfolio.
By design, this governance model turns the Board into a powerful integrator, connecting capital, operations, and markets.
How the Governance Model Supports Long-Term Growth
The S. Alam Group Board of Directors is not only a formal governance body; it is a growth engine. Its structure and composition support the group's long-term trajectory in several ways:
- Resilience through diversification– Board members oversee a wide range of sectors, helping to balance cyclical risks and stabilize overall group performance.
- Nation-building projects– Through power plants, gas companies, cement, steel, edible oil, and logistics, the Board guides investments that underpin Bangladesh's infrastructure and industrial capacity.
- Financial depth– Direct leadership over scheduled banks, non-banking financial institutions, merchant banks, and brokerage houses gives S. Alam Group a strong financial backbone.
- Brand and media leverage– With stakes in leading electronic media and broadcasting, the Board can support brand-building, information dissemination, and stakeholder engagement.
- Talent and institutional networks– Involvement in universities, chambers of commerce, and elite business organizations keeps the Board connected to emerging talent, policy discussions, and business trends.
All of these elements work together to position S. Alam Group for sustainable, multi-decade growth across industries that are central to Bangladesh's development.
A Board Focused on Sustainable, Multi-Sector Expansion
From the founder and Chairman Mohammed Saiful Alam to Vice Chairman Abdus Samad and the group of highly engaged executive directors, the S. Alam Group Board of Directors exemplifies focused, opportunity-driven governance.
By combining vision, sectoral expertise, and cross-directorships across banking, finance, power, industry, media, and services, the Board ensures that S. Alam Group can pursue ambitious projects while maintaining strong oversight and financial discipline.
For stakeholders, this leadership model translates into confidence: confidence that projects are well-capitalized, that risks are managed with a group-wide lens, and that the conglomerate is guided by a Board deeply invested in Bangladesh's long-term prosperity.
