Friday 22 November 2013

Sohail F Rahman – The preeminent person behind BEXIMCO’s success story

There are very few corporations which attain such a level of success that it becomes the largest single contributor to the GDP of a country and even few businessmen with the skills necessary for guiding such a gigantic corporation. However, Sohail F Rahman is one person who has achieved such unparalleled success and is still going strong.
Sohail F Rahman is the Chairman and co founder of the Bangladeshi giant BEXIMCO Group, which is one company that needs no introduction. The giant conglomerate, which has assets over US $ 2 billion is one of the global players of the Bangladeshi business community. Moreover, the company holds many distinctions and felicitations on an international scale. It was the first corporation from Bangladesh to get a listing on London Stock Exchange.
After a humble beginning as a trading firm in 1971, the company then went from strength to strength and over a period of time came to establish itself as a group of companies. The BEXIMCO Group of today is a highly differentiated amalgamation of units and operations which are hard to enumerate on all fingers. The many areas that the company functions include Garments and Textile industry, Ceramics, Mass media and journalism, Pharmaceuticals, Trading and Energy to name a few. Never before had a company achieved such success in so many diverse sectors in the business history of Bangladesh. This unprecedented success is a consequence of never tiring efforts and highly effective business practices  embraced by Sohail F Rahman, a key person in the company. Sohail F Rahman and his unique outlook on innovation and emphasis on practical details of industrial functioning are largely responsible for the success of
BEXIMCO Group.
Sohail F Rahman was one of the first entrepreneurs to understand the practical importance of cost effective  yet high quality manufacturing practices in the country. In fact, the costs incurred by many manufacturing  units are among the lowest yet the quality is much better than other corporations. For instance the textiles and pharmaceutical of the company have the least cost of manufacturing yet the quality is of the highest standards. This is why BEXIMCO Group exports products to more countries than any other major Bangladeshi corporation.

A highly dedicated businessman but a true philanthropist at heart, Sohail F Rahman has always given equal  importance to his duties as a Bangladeshi citizen. He sponsors many humanitarian projects such as Proyash and many institutions working for social upliftment receive his unflinching support and patronage. Sohail F Rahman is the perfect embodiment of a businessperson who has maintained a perfect balance between corporate successes yet remaining devoted to the success and welfare of the Bangladeshi people.

Sohail F Rahman – The quintessential leader and business personality

Sohail F Rahman is the co founder and chairman of the highly esteemed BEXIMCO Group, which is the biggest industrial and business conglomerate of Bangladesh and also the prominent contributor to the GDP of the country and a key player in the business landscape of Bangladesh.The BEXIMCO Group dates back to 1971 when it was founded by Sohail F Rahman and his brother Salman F Rahman. Though initially the company indulged only in export of seafood, over time the success of the company reached new levels and therefore it expanded into a multi divisional conglomerate that we know  today. BEXIMCO Group at present has many divisions which manufacture products and provide services in many sectors such as Pharmaceuticals, Ceramics, Hotel industry, Mass media, Textiles etc. The company is especially noted for their strong presence in the manufacturing sectors especially its Textiles, ceramics, and the pharmaceutical division. BEXIMCO Group can undoubtedly be said as one of the best manufacturing organizations given their high tech and state of the art manufacturing units. This can be seen from the fact that the Textiles and Ceramics have the highest exports in their respective fields. Moreover, the Pharma division of the company is the top manufacturer of medicines in the country as it alone provides more than 10% of the country’s medicines. It is compliant with all the existing quality parameters such as GMP etc. and was the first Bangladeshi company to receive a listing on the London Stock Exchange.
Sohail F Rahman has ensured with his inborn leadership qualities that the company functions as a closely knit unit which aspires to fulfill the ambitions of the conglomerate as a whole. His attention to details and a keen focus on retaining complete quality in the manufacturing division and expand the current capabilities is the reason for the successful functioning of the diverse departments. Moreover, Sohail F Rahman is largely responsible for the greatly applauded and employee friendly HR policies of the giant corporation. This is especially noteworthy given the fact that BEXIMCO Group has been rated consistently among the top employers despite the staggeringly large number of employees the company has.Under the leadership of Sohail F Rahman, the company has come to harbor a greater sense of social responsibility. Sohail F Rahman has always considered his prerogative to aid any cause benefitting the society.

He is therefore associated with many organizations functioning for the welfare of society, notably societies such  as Proyash, and Gono Sahajjo Songstha to name a few, and this is the reason for his esteem as a businessperson  of substance.

Sohail F Rahman – One of the elite businesspersons in Bangladesh

There is hardly anyone in the corporate world of Bangladesh who does not know of Sohail F Rahman and BEXIMCO Group. While the BEXIMCO Group has cemented its position as the largest corporate house in the country, SohailF Rahman is among the most successful and felicitated businesspersons in Bangladesh.BEXIMCO Group owes its inception to the vision of Sohail F Rahman and his brother who started this company after the shut down imposed on their textile mill because of trade regulations in the early seventies.
Today the group has diversified so much that it has registered a ubiquitous presence in the corporate sphere in Bangladesh. In the span of more than four decades, the BEXIMCO Group has established itself as the biggest industrial aggregate, the largest employer and the biggest contributor to the country’s GDP and economical progress. However, such astonishing progress would not have been possible without an able leadership and this is where Sohail F Rahman has scored maximum.
Today, the BEXIMCO Group has revolutionized nearly all spheres of Bangladeshi business world. The company has operations which range as far and wide as Textiles manufacturing, Pharmaceutical production, Hotel operations, media, entertainment and more. These diverse operations are all kept under a central management panel consisting of Sohail F Rahman which gives a focal point to the diverse proceedings the company undertakes. Despite dabbling in so many different fields, the company has never failed to deliver on the performance front in any sector. In fact, all the operational divisions of the company have attained unparalleled success in their respective spheres under the aegis of Sohail F Rahman. For instance, the BEXIMCO Group is the biggest textile manufacturer, the leader in hotel industry, the largest pharmaceutical company, and also the preeminent mass media corporation. Moreover, their products are highly sought after in the international market and it is one of the few Bangladeshi companies to have gone truly global. In fact, it exports products to more than 50 countries and this applies to all its divisions. Some of the biggest companies in the world are themselves regular clients of this Bangladeshi corporation.

The success of this unique organization is attributable to the equally unique business practices in the company. Sohail F Rahman is in fact the person responsible for enhancing the operational aspects and corporate practices which have elevated the company’s stature. His regard as a businessman can be estimated from the fact that he holds honorary positions in numerous organizations and bodies in the country. Sohail F Rahman has truly fulfilled the corporate motto of “Taking Bangladesh to the world” with his unmatchable acumen and perseverance.