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 Limited (SOSL) and Latif Khan as the Chairman of Summit Power Limited (SPL), a publicly listed company.
Previously both were serving as the Vice-Chairmen of the respective businesses.
Muhammed Aziz Khan observed on the momentous occasion and said, “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.
