Mirza Salman Ispahani

Chairman of the Board, M. M. Ispahani Limited.

Mirza Salman Ispahani

Chairman of the Board, M. M. Ispahani Limited

Mr. Mirza Salman Ispahani serves as the Chairman of M. M. Ispahani Limited, bringing with him a wealth of experience in both law and business. With a background as a Barrister-at-Law since 1981, Mr. Salman’s leadership guides the strategic direction of the company with a keen understanding of legal and commercial landscapes.

 

BOARD OF DIRECTORS

Mirza Shakir Ispahani

Managing Director

Zahida Ispahani

Director

Mirza Sajid Ispahani

Director

Mirza Iraj Ispahani

Director

Mirza Ahamed Ispahani

Director

Emaad Ispahani

Director

Akhter Matin Chaudhury

Independent Director

BOARD OF DIRECTORS

Mirza Shakir Ispahani

Managing Director

Zahida Ispahani

Director

Mirza Sajid Ispahani

Director

Mirza Iraj Ispahani

Director

Mirza Ahamed Ispahani

Director

Emaad Ispahani

Director

Akhter Matin Chaudhury

Independent Director

 

The Ispahani Group is a pioneer in many fields and remains one of the most successful and respected business houses in Bangladesh. It is the largest tea trading company in the country and dominates the domestic tea market, capturing approximately 50% of the national branded tea market and 80% of the branded tea-bag market. Ispahani Tea is renowned all over Bangladesh and its best-selling brands such as Mirzapore Best Leaf and Mirzapore Double Chamber Tea Bags are household names. The company has an unrivalled distribution network of over 517 sales centers under 25 Divisional offices in Chittagong, Dhaka, Dhaka North, Dhaka West, Pabna, Habiganj, Bogra, Barisal, Comilla, Khulna, Kushtia, Mymensingh, Rangpur, Dinajpur, Sylhet, Dhaka South, Dhaka East, Kishorganj,Tangail, Chittagong South, Chittagong North, Jessor, Rajshahi and Faridpur. It also owns four of the finest tea gardens in Bangladesh: Ghazipore, Mirzapore, Zareen and Neptune, all of which are equipped with state-of-the-art tea manufacturing machinery.

Corporate and Social responsibility form a large part of the Ispahani philosophy. Throughout our history we have endeavoured to support and advance worthwhile causes. We have established schools and colleges in Bangladesh as well as the renowned Islamia Eye Institute and Hospital. The latter is a centre of excellence for providing modern, efficient and cost-effective eye care, including heavily subsidised rates for poor patients. With a specialist line up of up to 50 ophthalmic surgeons, as well as doctors, trained nurses, paramedics and other staff, Islamia Eye Institute and Hospital has been looking after the eye care needs of hundreds of thousands of Bangladeshis since its inception in 1960. Furthermore, the Group sponsors various cricket, football, golf and tennis tournaments as well as the National Cricket League.

Today, after decades of business in South Asia, the Ispahani Group is still dedicated to providing high quality goods and services as well as having a positive impact on the community at large.

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    Mirza Salman Ispahani

      Chairman of the Board, M. M. Ispahani Limited  

     

    Mr. Mirza Salman Ispahani serves as the Chairman of M. M. Ispahani Limited, bringing with him a wealth of experience in both law and business. With a background as a Barrister-at-Law since 1981, Mr. Salman’s leadership guides the strategic direction of the company with a keen understanding of legal and commercial landscapes.
    His leadership has propelled the company’s growth and dominance in Bangladesh’s tea market through innovation and strategic partnerships. Committed to transparency and integrity, Mr. Salman upholds the highest standards of corporate governance and social responsibility. Mr. Salman’s influence extends beyond the company, as he has served in various leadership roles including President of the International Cotton Association, Chairman of the Tea Traders Association of Bangladesh, and on the boards of other esteemed organizations. His dedication to his country is further reflected in his active
    involvement through various industry and social associations, where he leverages his expertise to promote Bangladesh’s economic growth and development.

     

    Mirza Shakir Ispahani

    Managing  Director  

     

    Mirza Shakir Ispahani joined Ispahani Group, a renowned conglomerate with a diverse business portfolio, in 1986. Before joining the family business, he was awarded a Bachelor of Arts (Hons) degree in Law from the University of Kent and a Master of Laws (LLM) degree from Cambridge University. Hequalified as a Barrister-at-Law from Lincoln’s Inn, England, being called to the Bar in 1984.
    In his role as Managing Director, he sits on the boards of all the companies in the group. The boards setstrategy, oversee management, and protect the interests of shareholders and stakeholders. Mirza Shakir Ispahani has served as the Honorary Consul for the Federal Republic of Germany in Chattogram
    since 2007.

     

    Zahida Ispahani

      Director  

     

    Mrs. Zahida Ispahani is a distinguished leader known for her multifaceted contributions to both the corporate world and social causes. With a Bachelor’s degree in Economics from the University of Punjab, Pakistan, Mrs. Zahida holds pivotal roles as a Director in M. M. Ispahani Limited, Ispahani Tea Limited, and ISP| Securities Limited. Additionally, she serves as the Chairman of A.B. Ispahani Securities Limited and holds directorships in The Free School Street Property Limited and The Financial Express. She is also a member of the Management Committee at the Ispahani Islamia Eye Institute & Hospital. Mrs. Zahida’s commitment extends beyond the business world. She has championed social causes throughout her career, serving as the Past Secretary of the United Nations Women’s Association in Bangladesh and the Founder Secretary & Past President of the SAARC Women’s Association in Bangladesh. Mrs. Zahida actively contributes to education as an Executive Committee Member of Ispahani Girls School & College and engages in philanthropic endeavors, including supporting orphanages and social and community trusts. Her enthusiastic participation in sports and cultural activities spans from her early school years to her collegiate endeavors, highlighting her enduring dedication to both spheres. Her leadership extends to positions as Chairman of MIDAS and Vice Chairperson of UCEP and as a Member of the Board of Trustees for RDRS. Her diverse portfolio reflects her dedication to making impactful contributions across various sectors, leaving a lasting legacy of service and leadership.

     

    Mirza Sajid Ispahani

      Director  

     

    Mr. Mirza Sajid Ispahani brings a wealth of experience and strategic acumen to M. M. Ispahani Limited.His distinguished career as a Chartered Accountant has equipped him with a deep understanding of financial complexities, enabling him to navigate the business landscape with assurance. Mr. Sajid possesses a keen understanding of financial landscapes and a proven ability to optimize resource allocation, ensure financial health, and implement strategic cost-saving measures that address complex market dynamics. Mr. Sajid fosters a collaborative and innovative environment within the Group. His leadership style emphasizes open communication, a commitment to employee development, and a results-oriented approach, which plays a key role in building a strong and dynamic team that consistently delivers exceptional results.

     

    Mirza Iraj Ispahani

    Director  

     

    Mr. Mirza Iraj Ispahani is an experienced leader with a notable career in family businesses, financial services, and social impact ventures. As CEO of Ispahani Advisory Ltd., he utilizes his vast experience to counsel family enterprises on key areas such as strategy, governance, and responsible wealth management. Additionally, he serves as a Director of M. M. Ispahani Limited, a renowned Bangladeshi conglomerate with a rich history spanning over two centuries, further demonstrating his dedication to family enterprises. A Winchester College graduate, Mr. Iraj has a solid humanities background. He enhanced his strategic acumen with a Master of Philosophy in international relations from Cambridge University and earned a Bachelor’s degree (with honors) in politics and history from London University. This comprehensive education, combined with his wealth of experience, enables him to offer valuable insights into family businesses and global leadership. Before immersing himself in family enterprises, Mr. Iraj served in leadership roles at esteemed institutions such as JP Morgan and Korn/Ferry. At JP Morgan, he held the position of Global COO in the Financial Institutions Group. His broad financial background and global outlook equip him to offer valuable insights into investment strategies and generational wealth planning for family businesses.
    In addition to his business expertise, Mr. Iraj is deeply committed to social responsibility. He currently chairs The Shakespeare’s Globe Council and supports global health initiatives through the International Committee of the Red
    Cross. He also advises UNICEF, showcasing his dedication to cultural preservation and global welfare. Mr. Iraj plays a key role in promoting responsible wealth creation. He has edited publications on family businesses and co-founded a program at Cambridge University aimed at preparing future family leaders with essential skills for navigating the challenges of the 21st century. Mr. Iraj Ispahani’s varied career underscores his dedication to shaping a more sustainable and fair future. Drawing from the enduring ethos of family entrepreneurship, he aims to encourage the next generation to take measured risks, challenge norms, and persevere in their endeavors.

     

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    Mirza Ahamed Ispahani

      Director  

     

    Mirza Ahmed Ispahani serves as Director for M.M. Ispahani Limited and Free School Street Properties, helping oversee strategic operations within these entities. He also holds a position on the Board of Directors for all subsidiary companies under the Ispahani Group. Previously, Mirza was a Committee Member of the Tea Traders Association of Bangladesh and currently serves as a strategic advisor to the Chittagong Grammar School. Prior to joining the Ispahani Group, Mirza spent five years at The Abraaj Group, a Dubai-based emerging-markets focused private equity firm. Mirza Ahmed Ispahani holds a Master’s in Economics from the University of Edinburgh and an MBA from the London Business School (LBS), UK.

     

    Emmad Ispahani

      Director  

     

    Emaad Ispahani, a Director of the Ispahani Group-which spans from tea to textiles and various other business areas in between-has always harbored a passion for technology and its transformative impact on business and society at large. This passion led him to establish ColoCity in 2008 as its founder and owner. ColoCity, the first carrier-neutral public colocation facility in Bangladesh, commenced operations on March 30, 2009, with strategic technical support and
    guidance from AIMS Data Center of Malaysia. Initially providing reliable power and cooling, ColoCity has since evolved through partnerships with Microsoft and Dell, deploying the first and only Microsoft Azure Stack Hub service in
    Bangladesh. His interest in technology, particularly IT, began years before ColoCity’s establishment in Bangladesh. During his undergraduate studies at Bentley University, he pursued a Computer Science minor alongside his BS in Economics and Finance. Subsequently, he earned an MS in Information Systems from Boston University’s School of Management. His education and work experiences from 1995 to 2003 in Boston coincided with the broadband rollout and the onset of the COM revolution. Upon returning to Bangladesh in 2003, he eagerly embraced a role in the internet revolution, crucial for the country’s development, as later articulated in its visionary policies aimed at achieving “Digital Bangladesh.”

     

    Akhter Matin Chaudhury

      Director  

     

    Mr. Akhter Matin Chaudhury, a seasoned finance professional, holds fellowships with prestigious professional bodies in England, Wales, and Bangladesh. With a career spanning decades, he began as a Chartered Accountant in the UK before
    returning to Bangladesh in 1987. His journey led him through pivotal roles at BOC Bangladesh Ltd., co-founded Eshna Consulting Team Ltd, and led Nuvista Pharma Ltd. as a Chairman & Managing Director for over 18 years. Currently, Mr. Matin shines as a Partner at MABS&J Partners, a Dhaka-based Chartered Accountant. His expertise continues to illuminate various esteemed boards, including his role as an Independent Director at M. M. Ispahani Limited and his contributions to the governance bodies of Bangladesh Youth Leadership Centre and Bangladesh Legal Aid Services Trust. His illustrious past also includes stints as an Independent Director on the boards of United Commercial Bank Ltd., UCB Stock Brokerage Ltd., and UCB Fintech Ltd. Beyond the boardroom, Chaudhury’s leadership prowess has been acknowledged as Vice President of the Metropolitan Chamber of Commerce and Industry and as an esteemed member of the Executive Committee of Bangladesh Aushad Shilpa Samity.
    In every endeavor, Mr. Akhter Matin Chaudhury embodies excellence, innovation, and unwavering dedication, leaving an indelible legacy in the annals of Bangladesh’s corporate arena.