Investor Relation Board of Director

Mr. Kutubuddin Ahmed is recognized to be one of the leading businessmen of Bangladesh, successfully running the conglomerates of Envoy Legacy and Sheltech Group with his visionary leadership, strong principle, and self-motivation. Having graduated from Bangladesh University of Engineering & Technology (BUET), Kutubuddin Ahmed commenced his business odyssey starting with Envoy back in 1984 with only a single garment manufacturing unit comprising of 44 machines. Over the years, it has flourished and subsequently transformed into the thriving entity known as Envoy Legacy. In 1988, he pioneered in the real estate sector establishing Sheltech, which currently has more than 12 flourishing entities. Mr. Ahmed’s proactive skills drove him towards his successful tenure as the President of Bangladesh Garment Manufacturers & Exporters Association (BGMEA) and President of Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka. Mr. Ahmed's reputation transcends international boundaries as well; he has been adorned with the prestigious title of Knight Officer of the Spanish Royal Order of Merit in 2020. His passion is not confined only to business sector and philanthropy, rather he expresses his special interest in sports. He was awarded National Sports Award 2002 and also acted as the Secretary General of Bangladesh Olympic Association (BOA). Due to his successful and dynamic entrepreneurship, Mr. Ahmed was honored as 'The Business Person of the Year 2016' by Daily Star-DHL Business Awards. Moreover, earning LEED Platinum Certification for Envoy Textiles Limited in 2016 for Envoy Textiles was his striking success, adding another feather to the crown. Bangladesh's denim export economy owes largely to Mr. Ahmed's long-term contribution.

With a practical approach to problem-solving and a drive to see things through to completion, Mr. Tanvir Ahmed is a dynamic individual with proven track record of success in his academic and business endeavors. A young successful entrepreneur spanning multiple sectors, Mr. Ahmed is a positive and hardworking individual who is always striving to achieve the highest standard possible. A dedicated, hardworking and proactive business person, he is prompt at thinking outside-the-box and coming up with innovative ideas and solutions.

After successfully completing his graduate and postgraduate studies in the UK, he returned to Bangladesh and joined the family business. It was not long before he made his presence known in the local business community. Notable accomplishments in his journey include becoming the director of the India-Bangladesh Chamber of Commerce & Industry (IBCCI), being conferred the title of Youngest Commercially Important Person (CIP) in 2014, being elected as the director of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) for the 2021-2023 period, being nominated as a board director of the Metropolitan Chamber of Commerce & Industry (MCCI) in 2022, and being elected as Vice-President of the Bangladesh Ceramics Manufacturers and Exporters Association in 2023.

Mr. Tanvir Ahmed is the Managing Director of Sheltech Group, Managing Director of Envoy Legacy, & Director of Green Textile Limited. He had also gathered experience in RMG and Textile fields through his internship completed in Hong Kong.

Mr. Ahmed has successfully completed the Capstone Course 2025/2 at the National Defence College (NDC) recently.

Apart from his professional life, Mr. Ahmed has also involved himself in social and welfare initiatives for the underprivileged and works closely with a number of NGOs to alleviate poverty. He hopes to lead the development of new ventures and incorporate traits of corporate cultures and intends to bring new and innovative ideas within the business by using his management expertise.

Mr. Fakhruddin Ahmed, FCMA, FCA, is a highly experienced finance and accounting professional with over 32 years of expertise. He currently serves as the Independent Director of the Company. Mr. Ahmed holds a Bachelor's degree in Commerce (Honors) and a Master's degree in Accounting from the University of Dhaka.

As a respected fellow member of both the Institute of Chartered Accountants of Bangladesh (ICAB) and the Institute of Cost & Management Accountants of Bangladesh (ICMAB), Mr. Ahmed upholds the highest professional standards.

Throughout his career, he has demonstrated exceptional organizational skills and successfully managed complex projects. He has developed an extensive network of valuable contacts within the local business community through his various roles in the private sector.

Mr. Ahmed previously served as an Independent Director of Bangladesh National Insurance Company Limited from June 2015 to September 2021. He currently holds directorship positions as an Independent Director of Bangladesh Industrial Finance Company Limited, E-valy.com Limited, and Reptiles Farm Limited, appointed by the Hon'ble High Court, further showcasing his professionalism and integrity.

In his current role, Mr. Ahmed serves as the Managing Director of Newage member companies, reputable export-oriented manufacturing conglomerates specializing in knit fabrics and garment accessories.

Additionally, Mr. Ahmed shares his knowledge and expertise as an Adjunct Faculty Member in the Department of Business Studies at the State University of Bangladesh, where he contributes to the development of future business leaders through MBA and EMBA programs.

Mr. Shafiqur Rahman,Barrister-at-Law, an Advocate of Supreme Court of Bangladesh is the Court-appointed Independent Director. Having obtained LLB (Hons.) and LLM from University of Dhaka Mr. Shafiqur Rahman went to England, studied law in the University of London and achieved a second Honours degree in law. He did his bar vocational course in University of Northumbria at Newcastle and successfully completed it with a ‘very competent’ grade. He became a member of Lincoln’s Inn and was called to the bar in 2002. After coming back to Bangladesh he joined the Chambers of Dr. M. Zahir, a leading corporate and constitutional expert in Bangladesh, and remained with him until his sad demise in 2013. He enjoyed the benefits of working in big corporate chambers of Dr Zahir’s, which included dealing with large multinational corporate clients like Chevron, Lafarge, Youngone, Procter and Gamble, British American Tobacco, US Fibres, Haewae and Cathay Pacific, and prominent local clients like Berger, MJL Bangladesh Ltd., Grameenphone, Renata, IIDFC, IDLC, ACI, ONE Bank, AB Bank, LankaBangla Finance, Independent University, American International University, HRC Shipping, and so on.

He is mainly a litigator in the Supreme Court, though opinion writing, drafting contracts and vetting legal documents are part of his daily routine. His main areas of practice are: Admiralty, Corporate, Commercial, Securities, Banking, Insurance, Judicial Review (Writ) and Arbitration. He is the Legal Retainer of Dhaka Stock Exchange, advising on capital market and securities law. He works for several Protection and Indemnity (P & I) Clubs, including Standard Club Europe, Standard Club Asia, Swedish Club Hong Kong and Japan P & I Club. He regularly contributes legal articles in the law journal “Bangladesh Legal Times”. He is frequently appointed “amicus curiae” by the Company Bench of the High Court Division in critical cases and assist the court in arriving at correct judicial decisions.

Professor Tanzina Haque, FCMA, has been appointed recently as a Female Independent Director by the Board of Directors for a three-year term, subject to confirmation at the 30th AGM pursuant to the BSEC Corporate Governance Code.

Professor Haque, is a distinguished academic and a seasoned professional. She is a Professor at the University of Dhaka with over 21 years of teaching experience in the Department of Accounting and Information Systems. Her academic qualifications include a Master of Business Administration from the University of Dhaka and a Master of International Business from the University of Melbourne, Australia. Furthermore, she is a Fellow Cost and Management Accountant (FCMA), a testament to her professional excellence.

Sk. Bashir Ahmed was born in 3rd January, 1957. He completed his Graduation in Civil Engineering from Bangladesh University of Engineering & Technology (BUET). Despite being an Engineer by profession, he found himself interested in business Sector & set up his own business and now he is one of the most renowned businessmen of Bangladesh. He joined Envoy as director in 1990. Envoy Legacy has received National Trophies in Business Sector several times. His significant leadership & outstanding communication skill has made him a successful entrepreneur. Apart from being a business person, Sk. Bashir Ahmed is also a sports activist. Currently he is serving as the President of Bangladesh Gymnastic Federation, Vice president of Bangladesh Olympic Association and Director at the Board of Abahani Limited. He was former joint secretary of Bangladesh Cricket Board.

Mrs. Rashida Ahmed, Director of the company, has been serving on the board since her appointment on 2 July 2000. A graduate of the University of Dhaka, she brings valuable insight and leadership to the Company, she has played an active role in the company’s growth over the years.
Mrs. Ahmed has regularly participated on Board Meetings, offering strategic guidance and contributing to key decision-making processes. She has also served on various committees, supporting the company’s governance and operational improvements. Mrs. Ahmed is actively involved in the company’s events and initiatives, strengthening its engagement with employees and stakeholders.

Mrs. Sumayyah Ahmed, Director of the Company, was first appointed to the Board on April 12, 2017. She completed Masters in Marketing and Brand Management from University of Essex, UK in 2014.

Mrs. Sumayyah is the daughter of Mr. Kutubuddin Ahmed, Chairman of the Company.

She is playing a vital role in devolvement of Branding for the company.

Mr. Moin Uddin joined the board of Envoy Textiles Limited during the 27th AGM on august 24, 2023, representing Sheltech Ceramics Limited. With extensive experience in the financial sector, he previously served as Founder CEO and Director of operations at Sheltech Brokerage Ltd., and played key roals at IDLC Securities and City Brokerage, managing significant portfolios for high-net-worth clients. He is currently a Director at Sheltech Ceramics Limited and holds a master’s degree along with a Diploma in Computer Science from NITT.

Mr. Sunil Daulatram Daryanani Joint Chif Executive Officer, has been an integral part of Epic Group since 1995. Diligent and dedicated, he plays a key role in sourcing, marketing and merchandising. Among his notable achivements is the strategic management and expansion of major key accounts, including one of the largent retailersd in the USA and globally.

Born and raise in Mumbai on May 1, 1970, Mr. Daryanani currently resides in Hong Kong with his wife and two children.

Mr. Dinesh Gope Virwani represents Cosmopolitan Industries (Pvt.) limited, Bangladesh (CIPL), as its Vice-Chairman. Cosmopolitan Industries (Pvt.) limited is an institutional shareholder of Envoy Textiles limited, holding 2.15% of the company's shares.

CIPL is a member of Epic Group, a globally renowned multinational apparel manufacturing conglomerate with a presence in Hong Kong SAR, Bangladesh, Dubai, the USA, India, jordan, and various other countries. Head quartered in Hong Kong, Epic Group is celebrated for its extensive global footprint and industry-leading expertise.

Mr. Virwani, who joined Epic Group in 1992, is known for his forward-thinking approach and exceptional business development skills. With hands-on expertise in manufacturing, he is primarily responsible for corporate planning, Business development, strategic partnerships, operational oversight, and risk management. His leadership has been instrumental in driving the success and expansion of Epic Group.

A graduate with an MBA from the University of Mumbai, Mr. Virwani plays a pivotal role in steering the global operations of Epic Group. Born on November 18,1974, he is an Indian national currently residing in Hong Kong SAR.