29 April 2024


Summit Group’s Strategic Leadership Transition

Photo caption: (Centre right) Muhammed Aziz Khan, Founder Chairman of Summit Group (left) Jafer Ummeed Khan, Chairman, Summit Oil & Shipping Company Limited (SOSCL), (centre left) Farid Khan, Chairman, Summit Communications Ltd and Summit Towers Ltd and (right) Latif Khan, Chairman, Summit Power Ltd (SPL).

The leadership of Summit Group, the largest infrastructure conglomerate in Bangladesh, as part of its strategic leadership transition has approved the election of Jafer Ummeed Khan as the Chairman of Summit Oil and Shipping Company Limited (effective 17th April 2024) and Latif Khan as the Chairman of Summit Power Limited, a publicly listed company (effective 29th April 2024). Previously both were serving as the Vice-Chairmen of the respective businesses. 

Muhammed Aziz Khan observed on the momentous occasion, “It has been one of my life’s greatest achievements to serve Bangladesh through Summit’s infrastructure development. I have been planning for a transition for over a decade now. At the initial stage, we brothers had introduced our children to the business while my brothers served as Vice-Chairmen. This year I turned 70 so it is the right time for welcoming the next leadership. As the largest infrastructure conglomerate we are aware of our responsibility to the nation. I humbly request all for prayers and support for a successful strategic transition.”

Jafer Ummeed Khan remarked, “My Chairman has handed over the Chairmanship of the Summit Oil & Shipping. I intend to hand it over in even better condition to the next generation. That is my vision.”

Latif Khan mentioned, “We will remain under the guidance of our beloved brother and founder Chairman as we are assigned and elected to the Chairmanship. I am personally promise-bound to Aziz Bhai and Summit for my dedicated service.

Meanwhile, Farid Khan had taken the helm of Summit Communications and Summit Tower as the Chairman since 28th December 2021 and 30th May 2022, respectively. 

Muhammed Aziz Khan, the founder Chairman of Summit Group continues to serve as the Chairman of Summit Corporation, the holding company of power generation assets of Summit Group, Summit Power International (in Singapore) and as Director of other companies. 

Summit Power International:
Summit Oil & Shipping Company Limited (SOSCL):
Summit Power Limited (SPL):
Summit Communication Limited:

Media Coverage

The Daily Star, 29 April 2024 
The Financial Express, 29 April 2024
The Business Standard, 29 April 2024
New Age, 29 April 2024
Dhaka Tribune, 29 April 2024
New Nation, 29 April 2024
The Daily Messenger, 29 April 2024

Prothom Alo, 30 April 2024
Samakal, 29 April 2024
Kaler Kantho, 30 April 2024 
Ittefaq, 29 April 2024 
Arthosuchak, 30 April 2024 
Energy Bangla, 30 April 2024, 30 April 2024