Corporate Governance & Committees
The Company has a three-tier management structure, comprising the Board of Directors, the Executive Committee and the Management Committee. There is also an Audit Committee, constituted in 2006.
The Board is the highest level of authority within the Company comprising mainly non-executive directors, none of whom receive directors' remuneration from it. The Board meets with the Executive Committee, comprising six executive directors, twice a year to conduct a full review of the Company's operations.
Executive Committee
The Executive Committee meets on a quarterly basis and its scope of work includes: business review; budget approval; and senior management appraisal.
Executive committee comprises of five members : Mr. O.K. Chowdhury, Nazmul Hassan, Rabbur Reza, Alli Nawaz and Afsar Uddin Ahmed.
Mr. O.K. Chowdhury, who are members of the board, are also members of the Executive Committee.
Nazmul Hassan
Managing Director
Nazmul Hassan graduated from the Department of Public Administration, University of Dhaka and obtained his MBA from the Institute of Business Administration (IBA), University of Dhaka, with major in marketing. He also received executive education on 'Medical Marketing' from University of California Los Angeles, USA and 'Changing Strategic Direction' from Kellogg School of Management, Chicago, USA. Hassan was the Secretary General of Bangladesh Association of Pharmaceutical Industries for three consecutive terms, and received several awards for his contribution to the pharmaceuticals sector, particularly in relation to exports and marketing. He is currently serving as an advisor to this association. Hassan joined Beximco Pharma in 1987 and has held various key positions in the company including the Director, Marketing and Commercial, Chief Operating Officer and Chief Executive Officer. He was appointed Managing Director of the company in 2009. He is also serving as the Managing Director of Shinepukur Ceramics Ltd., and Director of Beximco Group. He is considered an expert on issues related to Drug Policy, Intellectual Property Rights, TRIPs etc.
Nazmul Hassan is the President of both IBA Alumni Association and MBA Club, and a Director of Abahani Ltd., a premier sporting club in the country. He is also an elected Member of the National Parliament of Bangladesh.
Rabbur Reza
Chief Operating Officer
Rabbur Reza was appointed Chief Operating Officer of the company in March 2009. He has more than 18 years of working experience with pharmaceuticals and FMCG companies home and abroad. Rabbur Reza studied Pharmacy and obtained B Pharm from Panjab University, India. He holds an MBA from Queensland University of Technology, Australia and has also received executive education in Strategy and Leadership from Harvard Business School, USA and London Business School, UK. Reza joined Beximco Pharmaceuticals Ltd. in 1992 and continued till 1997 before he left for Australia to pursue higher studies. He worked for six years with Biotech and Milton Pharmaceuticals, Australia. He rejoined Beximco Pharma in March 2005 as Executive Director, Marketing and promoted to Director, Marketing and Business Development in February 2006. Reza is an Associate Fellow of the Australian Institute of Management, a member of the American Society of Health System Pharmacists and a member of the Pharmaceutical Society of Australia. He is also a member of UNEP (United Nations Environment Program) Medical Technical Options Committee.
Ali Nawaz
Chief Financial Officer
Ali Nawaz qualified as a CMA from the institute of Cost and Management Accountants of Bangladesh in 1988, and is currently a Fellow Member of the Institute. He obtained an MBA from the Institute of Business Administration, University of Dhaka in 1990.
After joining as a management trainee in 1990, he worked for different entities within the Beximco group of companies, in varying capacities. He was appointed Chief Financial Officer of Beximco Pharma in 2003.
Afsar Uddin Ahmed
Director Commercial
Mr. Ahmed completed his MBA in 1987 from the Institute of Business Administration (IBA), University of Dhaka, with a major in Marketing. Mr. Ahmed also attended a training program at International Management Centre, IIkley College, IIkley, West Yorkshire, UK.
Since his joining BPL in 1989, Mr. Ahmed has worked in and supervised a number of operational areas including- Marketing, Sales, Distribution, Exports, Planning, Procurement, MIS, Business Development, Project Management and API business. Mr. Ahmed also worked as the Country Manager of BPL’s Pakistan operation.
He worked for sanofi-Aventis as Director Marketing of its Bangladesh operation from March’02 to April’03. In this role, Mr. Ahmed oversaw the marketing operations of several business units.
Mr. Ahmed rejoined Beximco Pharma in May’03 as Director Marketing and currently he is working as the Director Commercial of BPL.
Management Committee
The Management Committee comprises operational heads and representatives of the Board and Executive Committee and is chaired by the Managing Director. The Management Committee meets on a monthly basis, is responsible for implementing the decisions of the Executive Committee and supervising the day to day affairs of the Company and reports to the Executive Committee at least on a quarterly basis
Mr. O.K. Chowdhury, Mr. N. Hassan, Mr. R. Reza, Mr. A. Nawaz and Mr. A.U. Ahmed, whose profiles have been outlined previously, are also members of the Management Committee. Other members of the management committee are :
Lutfur Rahman
Director, Manufacturing
Mr. Rahman heads the industrial operations of the company, having joined the organization in 1993. He is a pharmacist graduate from the University of Dhaka and has 38 years experience in the pharmaceuticals industry, having worked for multi-nationals including GSK, Squibb, Cipla, Astra and Hoechst.
Md. Zakaria Seraj Chowdhury
Director, International Marketing
Mr. Chowdhury is a specialist on pharmaceutical sales management having an immense experience over 27 years. After completion of his graduation from University of Dhaka he started his career path in pharmaceutical sales management. He commenced his journey with Beximco Pharmaceuticals in 1984 and still serving the company with glory. He has served the company at several sales positions showing brilliant leadership role during his 25 years of service tenure. He was appointed as Director, Sales in 2006 as the consequence of his outstanding contribution toward organization. He has taken the leadership of International Marketing the most potential sector of the organization from 1st January, 2010 as Director, International Marketing.
During 27 years of his glorious career Mr. Chowdhury joined a lot of seminars and workshops both in country and abroad. He attended at a course on Managing Sales in a Competitive Environment conducted in Institute of Business Administration, University of Dhaka. He participated in advanced training programs in sales and marketing management at the National University of Singapore and Indian School of Business.
Mr. Zakaria took part at a workshop titled Participative Leadership for Innovation held under the auspices of American Alumni Association. He also attended 6th Annual Eye for Pharma Sales Force Effectiveness (SFE) Europe held in Barcelona, Spain.
Abdur Rouf Mohammad Zahidur Rahman
Executive Director, Manufacturing
Mr. Rahman completed his Master of Pharmacy in 1987 from Department of Pharmacy, University of Dhaka and qualified as a registered Pharmacist. He began his career with Drug International Limited as a Production Pharmacist in 1987, before joining BPL in 1989 as a Production Officer. He is member of Bangladesh Pharmaceuticals Society and Pharmacy Graduate Association of Bangladesh.
Mohammad Tahir Siddique
Executive Director, Quality Assurance
Mohd. Tahir Siddique obtained Batchelor of Pharmacy degree from University of Dhaka and Master of Science in Pharmaceutical Technology from University of London. He also studied Postgraduate Diploma in Management Studies (DMS) in UK and MBA at a local private university.
He started his career with Hoechst Bangladesh Limited in early 1989. He also worked as Factory Manager of Ibne Sina Pharmaceuticals Limited before joining GlaxoSmithKline Bangladesh Limited in 1997. He worked at GlaxoSmithKline Bangladesh Limited in varying capacities including General Manager- Quality Assurance. He joined Beximco Pharmaceuticals Limited in Aug 2005 as General Manager- Quality Assurance.
Shamim Momtaz
Executive Director, Manufacturing
Mr. Shamim Momtaz completed his Master of Pharmacy from the University of Dhaka. He started his career with Beximco Pharmaceuticals Limited in the year 1987. Later in 1989 he joined in Sanofi Aventis and became Plant Manager in the year 2002. He worked with Healthcare Pharmaceuticals from 2004 to 2007 as Site Director. In 2007 he joined Beximco Pharmaceuticals as Executive Director, Manufacturing (Track II).
Jamal Ahmed Choudhury
Executive Director, Accounts & Finance
Mr. Choudhury qualified as a Cost & Management Accountant from the Institute of Cost and Management Accountants of Bangladesh in 1991 and completed his MBA with a major in finance from the Institute of Business Administration, University of Dhaka in 1997.
Audit Committee
The Audit Committee consists of three non-executive directors. Mr. Mohammad Abul Qasem is currently the chairman of the audit committee while Dr. Abdul Alim Khan and advocate Ahsanul Karim are the members. The Committee assists the Board of Directors of the Company in ensuring that its financial statements reflect true and fair view of its state of affairs and in ensuring a good monitoring and internal control systems within the business. The Audit Committee shall be responsible to the Board of Directors

Corporate Governance


