Summit Group, Bangladesh’s largest infrastructure conglomerate, has appointed Jafer Ummeed Khan as the new chairman of Summit Oil and Shipping Limited. Concurrently, Latif Khan assumes the role of chairman at Summit Power Limited. Both Jafer Ummeed Khan and Latif Khan were previously serving as vice-chairmen of their respective businesses, according to a statement released today by Summit Group.
The transition marks a milestone in Summit Group’s journey, as it prepares for a new phase of growth and development under the stewardship of the next generation of leaders. Muhammed Aziz Khan, the founder and chairman of Summit Group, expressed his gratitude for the opportunity to serve Bangladesh through infrastructure development.
The newly appointed chairmen, Jafer Ummeed Khan and Latif Khan, expressed their commitment to upholding Summit Group’s legacy of excellence and innovation. Jafer Ummeed Khan outlined his vision for Summit Oil & Shipping, aiming to further strengthen the company’s position and pass it on to the next generation in an even better condition. Similarly, Latif Khan emphasized his dedication to serving Summit Group and Muhammed Aziz Khan, affirming his promise to deliver dedicated service in his new role.
Muhammed Aziz Khan will continue to serve as the chairman of Summit Corporation, the holding company of Summit Group’s power generation assets, as well as Summit Power International in Singapore. Additionally, he will retain directorship positions in other key companies within the Summit Group umbrella.
The strategic leadership transition underscores Summit Group’s commitment to ensuring seamless continuity and sustained growth as it navigates the evolving landscape of Bangladesh’s infrastructure sector. With a clear vision and a new generation of leaders at the helm, Summit Group remains poised to drive innovation and make a lasting impact on the nation’s development agenda.
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