Mr. Nazimuddin Chowdhury is the Chairman of the Board Of Directors of MJL Bangladesh Limited (MJBL). He joined the MJBL Board on 4 January, 2016 and assumed charge as Chairman of the Board on the same date.
Mr. Chowdhury is currently serving as Secretary Of the Energy & Mineral Resources Division. Besides MJBL, Mr. Chowdhury is also the Chairman of Bangladesh Gas Fields Company Limited, TItas Gas Transmission & Distribution Company Limited, Padma Oil Company Limited, Gas Transmission Company Limited, Bangladesh Petroleum Exploration & Production Company Limited & Omera Fuels Limited. He is also a member of the Board Of Directors of Karnaphuli Fertilizer Company Limited (KAFCO) and Bangladesh infrastructure Finance Fund Limited.
Mr. Chowdhury graduated from the University Of Dhaka in History and joined Bangladesh Civil Services in 1986 as Assistant Accountant General. Thereafter he poted to switch his cadre to be promoted as Deputy Secretary in 2006. In the year 2014, he was promoted as Additional Secretary and took over the charge of Secretary in the Energy and Mineral Resources Division, on 13 December 2015. Finally he was promoted as Secretary to the Govto the Government on 14 June, 2016. Throughout his glorious career, he served in many key positions in the fields of accounts, finance and administration. Before joining the Energy and Mineral Resources Division he also enriched his career getting work experience from Department of Defence Audit, Ministry Of Commerce, Ministry Of Agriculture, Ministry Of Public Adminstration and Ministry Of Home Affairs, in different capacities.
Mr. Chowdhury is a renowned sports organizer both in the local and international arena. Since 1989, he has been involved in Bangladesh Shooting Sport Federation and was elected Treasurer and General Secretary of this federation twice. Currently, he is the President Of Bangladesh Shooting Sport Federation and has successfully conducted 12 international shooting competitions as an honored jury.
Mr. Chowdhury is married to Mrs. Amina Khanom and is blessed with two daughter and a son.
Mr. Azam J. Chowdhury is an elite industrialist and well-recognized entrepreneur in Bangladesh. He is the Chairman and owner of the East Coast Group. In addition, he is also the Chairman of the Consolidated tea & Lands Company Bangladesh Limited (formerly, James Finlay Limited) and also the Chairman of Prime Bank Limited, a private sector leading commercial bank. Mr. Chowdhury is also the Managing Director of MJL Bangladesh Limited, a distributor of Exxon Mobil Corporation in Bangladesh.
In the past, Mr. Chowdhury also served as the Chairman of Green Delta Insurance Company Limited (2001 to 2005), one of the most successful general insurance companies of Bangladesh. He is also the Director of Central Depository Bangladesh Limited (CBDL) and a former Member of the Executive Committee of Bangladesh Association of Publically Listed Companies (BAPLC).
Mr. Chowdhury also served as the Vice President of Bangladesh Energy Companies Association and was a Member of the Advisory Council of the Government of the People’s Republic of Bangladesh on power, energy and mineral resources. In recognition of his consistent performance, the Hungarian Government nominated him as the Honorary Consul of Hungary in Bangladesh. Mr. Chowdhury is also the President of Bangladesh Ocean Going Ship Owner’s Association (BOGSOA).
He is a renowned golfer and has achieved laurels several times in this sporting arena.
Mr. Abdul-Muyeed Chowdhury is a nominee director representing EC Securities Limited in the Board Of Directors of MJBL since 14 December, 2003. He obtained a Bachelor of Arts (Honors) in History in 1964 and a Master Of Arts (1st class) in Modern History from the University Of Dhaka in 1965. He also attended the University Of Tennessee (Knoxville, USA) as a Fulbright scholar in 1980-81 and studied Public Administration.
Mr. Chowdhury is also a nominee Director in the Board Of Omera Fuels Limited, a sister concern of MJBL, and in the Boards Of Omera Petroleum Limited and Omera Cylinders Limited, two subsidiaries of MJBL.
He is currently the Chairperson of BRACNet, a non-listed Public Limited joint-venture ISP company (www.bracnet.net). He is also the Founder and CEO of Tiger Tours Limited (www.tigertoursbd.com), the only joint-venture tourism company in Bangladesh registered with the Board Of Investment.
Mr. Chowdhury is an independent Director of ACI Limited and Summit Alliance Port Limited, two listed public limited companies of the country operating in different sectors of the economy.
He is actively associated with social welfare and human development activities through his involvement with different institutions such as the Society for Assistance to Hearing Impaired Children (SAHIC), Governing Board Of Bangladesh Institute of Governance and Management (former Civil Service College), Bangladesh Youth Enterprise Advice and Helpcentre (B’Yeah), Sajida Foundation, ENT and Head-Neck Cancer Hospital and Institute and the Trustee Board of BRAC University.
Mr. Chowdhury was an Advisor in the Caretaker Government of Bangladesh in 2001 when he held charge of five ministries. He was a career civil servant for 33 years having joined the then Civil Service of Pakistan (CSP) in 1967. He was also a Secretary to the Government in various ministries from 1994 to 2000. His last assignment was as Secretary Of Internal Resources Division (IRD) of the Ministry Of Finance and ex-officio Chairman of the National Board Of Revenue (NBR) from 1998-2000 when he retired from service.
During his service life, he was Deputy Commissioner of greater Faridpur district (1975 to 1978), greater Dhaka district (1978 to 1980) and Commissioner of Chittagong Division (1984 to 1986). He was also Executive Director of Jamuna Multipurpose Bridge Authority and Secretary Of Jamuna Bridge Division from 1996-98 when he successfully steered the construction work of the Bangabandhu Bridge to completion in record time. His hard work and efficient handling of this mega civil engineering project was recognized and honoured by the Institution Of Civil Engineers (ICE), UK, by making him a Fellow of that Institution.
After retirement from Government service, Mr. Chowdhury joined the world-famous homegrown NGO BRAC (www.brac.net) as its Executive Director and COO and held that position from 2000 to 2006 with a three month interregnum for the Caretaker Government in 2001.
He was :
Mr. Tanjil Chowdhury is the Managing Director of the East Coast Group, a diversified conglomerate, with more than 30 years of experience in the oil and energy sector. Mr. Chowdhury is a former Board Director and Chairman of the Executive Committee of Prime Bank Limited (PBL). He is the Managing Director of Bangladesh Trade Syndicate Limited, a representative of TNT International Express in Bangladesh.
Mr. Chowdhury served as President of Bangladesh Merchant Bankers Association (BMBA) for 2014 and 2015 and is also President of Solar Module Manufacturers Association of Bangladesh (SMMAB). He is also Chairman of Prime Exchange Singapore Pte Ltd, Prime Bank’s remittance arm in Singapore. He is the Secretary General of Prime Bank Cricket Club, a social initiative of Prime Bank Foundation (PBF). Mr. Chowdhury has served as Convener of the Standing Committee on Financial Institutions, Capital Market and Services, 2014 and co-Convener of the Standing Committee on National Energy Strategy for Private Sector Development, 2013, Dhaka Chamber Of Commerce & Industries (DCCI). He is also President of Bangladesh Express Integrators Trust (BEIT), which represents DHL, FedEx, UPS and TNT in Bangladesh and is a Bangladesh chapter or replication of CAPEC (Conference Of Asia Pacific Express Carriers) and the GEA (Global Express Association).
Mr. Chowdhury is an elected Director of Bangladesh Cricket Board (BCB) and Former Chairman of its Facilities Committee. He is currently Chairman of BCB’s Age-Group Tournament Committee.
He is a regular speaker at various private universities and his lecture topics range from financial derivatives and investment strategy to ship management and organizational behavior.
Mr. Chowdhury did his BA (Hons) in Accounting and Finance from the University Of West London (formerly TVU) and went on to completing M.Sc in International Management (Finance) from King’s College London, University of London.
Mr. Chowdhury is an active member of the BBC Film Society and King’s College Business Society. He is also a keen golfer and has achieved many laurels in this sporting arena.
Dr. Mohammad Tamim joined MJLBL Board as an Independent Director on 30 June, 2012. He is a Professor of Petroleum and Mineral Resources Engineering, BUET, Dhaka. He graduated from BUET in Mechanical Engineering and completed his Masters from IIT, Madras. He obtained his Ph.D from the University Of Alberta, Canada, in Petroleum Engineering. He has research interests in reservoir engineering, petroleum economics and energy planning development and application of various numerical and analytical computer models and reservoir management problems. He also possesses experience in greenhouse gas (GHG) mitigation, energy efficiency improvement and energy related environmental remedies. Dr. Tamim has supervised several M.Sc. students and published a number of dissertations in national and international journals.
Dr. Tamim has worked in different capacities relating to energy policy formulation, planning and regulation with all governments since 1995. He took a one year leave from his teaching assignments to manage the Power and Energy Ministry in 2008 during the Caretaker Government period as a Special Assistant to the Chief Advisor in the rank of a State Minister. Dr. Tamim is a member and the founding Chairperson of the Society of Petroleum Engineers (SPE), Bangladesh Section, and is a life Fellow of the Institute Of Engineers, Bangladesh (IEB).
Mr. Quazi Mohammad Shariful Ala is an Independent Director of MJL Bangladesh Limited. He joined the MJLBL Board on 28 June, 2014. Mr. Ala is currently the Managing Director and CEO of Delta BRAC Housing Finance Corporation Ltd (DBH). DBH is a pioneer and the largest and most specialized housing finance institution in the country’s private sector with total assets currently in excess of USD 490 million. Mr. Ala graduated with a B.Sc (Economics) First Class Honours degree from the London School of Economics (LSE), University of London, in 1981. He worked in the London office of Price Waterhouse for seven years and qualified as a member of the Institute of Chartered Accountants in England & Wales in 1984. While working at Price Waterhouse he had exposure to several large multinationals, including Shell Oil and JP Morgan. He is also a Fellow of the Institute of Chartered Accountants of Bangladesh. Prior to joining DBH, he was the Finance Director of Green Delta Insurance Company Limited, one of the leading insurance groups in Bangladesh and also the corporate sponsor of DBH. Mr. Ala possesses more than 30 years of corporate management experience, primarily in the financial services sector, both in Bangladesh and in the United Kingdom. He has served as a non-Executive Director on the Boards of several prominent companies, including BRAC Bank Limited. Mr. Ala has been leading the executive management team of DBH as the Managing Director and CEO since 1997.
Mr. Richard Verbove is one of the directors of Omera LPG. He has also been the project manager of CrowdNett at Eneco since March 2017 and a non-executive board member of Omera Petroleum Ltd at FMO-Dutch Development Bank since July 2015. He received his master’s degree from the prestigious Erasmus Universiteit Rotterdam on International Business Law in 1985. He was part of the International support at Rijk Zwaan from February 2016 to March 2017 . He was involved in the Development of European Vendor management, sourcing strategy and investments at European Procurement a.i. at Staples Europe from December 2014 to October 2015. He was the Interim Project Manager at VINCI Facilities from January 2014 to September 2014. He was also the Interim Project Manager at FMO January 2012 to January 2013. He was part of the International Business Development, biomass supply chain at ENECO Energie from 2008 to June 2012 and Manager of International business development at Amtrada from 2007 to 2008.
He was the Procurement Manager & Purchasing strategy at IKEA Group from 2003 to 2007 and the General Manager at IKEA, in Vietnam from 1999 to 2003. He was the Commercial Executive at ECT (Europe Container Terminals) from 1995 to 1998. He was the Manager of Business Development and Director Ceteco at Vopak from 1991 to 1995. He was a Commodity Trader from 1986 to 1991.
Baha Bassatne – an inspiration in every way
Baha Bassatne exudes the same enthusiasm and energy that has propelled his family business, BBEnergy, into one of the world’s leading independent energy trading companies. During the past 50 years, while at the helm, he has faced success and challenge with the same rigour. His love of the business and the people around him have fuelled this small family enterprise into the global organisation it is today. One of the keys to his success has undoubtledy been the life long relationships he has cultivated over the years, internally within BBEnergy, and beyond.
From humble beginnings in 1937, Baha’s father, Mohamed Bassatne, established a commodities business, trading in items such as grain, sugar and wheat. It was in 1963 that the company started to grow at a fast pace with Baha, and his younger brother, Walid’s, entrepreneurial leadership, spotting real opportunity in global energy trading.
As true Phoenicians, trading has always been in both Baha and Walid’s blood and over many decades they have created a thriving global business despite the volatile market the energy industry experiences.
In 1972, just five years into starting the new business, BBEnergy achieved its first $US one million turnover and a short year later, this would grow ten fold.
They acquired the Hypco distribution company from Gulf Oil International, and today the organisation has a number of stations across Lebanon. One year later, the group opened an office in Athens, Greece, and bought its first oil tanker. In 1974 it acquired a terminal and distribution company – the Mediterranean Petroleum Company (MPC) – which is the second oldest oil company in Lebanon.
In 1980, the company achieved another milestone with the opening of its Singapore office, and was one of the first trading companies to have premises in the city. With the area now an international oil hub, this business intuition ensured BBEnergy was well ahead of the curve.
From small beginnings, BBEnergy has competed with large multi-national oil companies and gained a competitive market share. Against all odds, Baha and Walid persevered with a sound business plan, expanding into new markets and services. Although not always an easy road, the company has never been more successful than it is today: an internationally recognised organisation.
BBEnergy’s distinct family culture and strong set of values has been ingrained over the years and is what encourages and motivates its now global workforce. Baha and Walid have built a loyalty that sees BBEnergy achieve a minimal staff turnover of 2%, with many employees staying with the company for more than 35 years.
Baha comments on the success of BBEnergy: “We have maintained our reputation as a trusted and reliable energy partner by optimising resources and providing our clients with uncompromising quality and innovative solutions. The personal touch is also important and by adhering to the well respected Eastern traditions of trust and loyalty, we have fostered strong relationships with all our trading partners.”
Education has always played an important role in the growth of the company, encouraging key executive members to follow post graduate and executive degrees from around the world. Instilled within the family charter is that any new member joining the business will need at least a Masters degree and BBEnergy has helped others less fortunate pursue similar academic ambitions. They have funded scholarships directly to students, institutions or via more formal channels, such as the Wharton School of Business and continue to do so today.
This is just part of the wider commitment to philanthropy that the BBEnergy group has adopted and leaves for future generations to pursue.
Throughout his time at the company, Baha has placed a strong importance on ensuring BBEnergy and its employees give back to the communities in which it operates. In 2005, Baha founded the Bassatne Foundation for Health and Cultural Assistance. Based in Lebanon, this non-profit organisation contributes to civil society’s development by assisting children, the elderly, refugees, orphans and the disabled by providing them with continuous education, health care and all the necessary social services. In addition, the company has donated over the years to other charitites, arts and culture, medicine and more including, PACES of Lebanon; Tate Museum; British Museum and the Singapore Management Univeristy to name a few.
At the age of 80, Baha’s unrelenting passion for business is as strong as ever. For anyone starting out in business today, he offers the advice to “love what you are doing, be dedicated and take care of those who work with you” adding that his inspiration came from Winston Churchill who said:, “Success is not final, failure is not fatal, it is the courage to continue that counts.”
Mr. Raed Bassatne joined the Board of Directors of Omera Petroleum Limited as Nominee Director of BB Energy (Asia) Pte. Ltd. Mr. Bassatne is the Business Development Manager & Family Office Director for BB Energy family business, a multinational leading independent energy trading company, operating in the Oil & Gas industry since 1963. He graduated from CONCORDIA University – Quebec, Canada in Political Science and Economics and expanded his executive education with “Finance for Executives” program at INSEAD – France and “Human Resource Management” workshop at the American University of Beirut (AUB) – Lebanon. Mr. Bassatne is a member of YPO Lebanon & Aegean Chapters (Young Presidents’ Organization). Attend YPO-Harvard Business School Events. Fluent in Arabic, English, French, Spanish and Greek.
Expert in operations and business process Reengineering projects (Services and Manufacturing Industries); Mr. Raed developed markets for Bitumen trading expansions. Explores investment opportunities and prospects developments in Emerging markets, covering sectors, mostly, Oil & Gas services in infrastructures.
Mr. Md. Quamrul Hasan joined the Board of Directors of MJL Bangladesh Limited on 31 October 2017. Mr. Hasan is the Managing Director of Jamuna Oil Company Limited, a Subsidiary of Bangladesh Petroleum Corporation. He is also Director of MJL Bangladesh Limited, Omera Cylinders Limited and Omera Fuels Limited.
Mr. Hasan joined as an Area Sales Officer at Meghna Petroleum Limited on 8 October 1988 and has over 28 years of professional experience in the downstream petroleum industry of the country. He completed his BSS (Hons) and MSS in Economics from Dhaka University and MBA in Marketing from Royal Roads University, British Colombia, Canada. He attended various seminars and training courses both home and abroad.