Full Name: Iftekhar Ahmed Tipu

Affiliation: IFAD Group

Current Position: Chairman

Date of Birth: March 23, 1949

Place of Birth: Bangladesh

Home District: Noahkhali

Nationality: Bangladeshi

Profile:

Iftekhar Ahmed Tipu (born 23 March 1949) is a Bangladeshi entrepreneur, businessman whose contribution has shaped the transport sector of Bangladesh. He has been the head of 12 different companies. He is Chairman at IFAD Autos Ltd., Chairman for Ifad Group, Chairman for Ifad Agro Complex Ltd., Chairman for Ifad Salt & Chemical Ltd., Chairman for Ifad Beverage Ltd., Chairman at Ifad Automobiles Ltd., Chairman & Managing Director at Ifad Enterprises Ltd, Chairman of IFAD Auto Services Ltd, Managing Director at Ifad Multi Products Ltd., Managing Director at IFAD Motors Ltd. and Managing Director at IFAD Information & Technology Ltd..

Tipu was born in Begumgonj of Noahkhali district. He received undergraduate degree from Dhaka College and started his business career in 1972 through transportation business. Later, in 1985, IFAD Autos Limited started operations under his initiative by supplying the first ever Double Decker Buses from Ashok Leyland of India, to the government of Bangladesh through IFAD Enterprises Ltd. and since then he had supplied the same - four more times to the Bangladesh Road Transport Corporation under the Indian line of state credit.

In 1994 IFAD Autos took up the sole distributorship from Ashok Leyland in Bangladesh and ever since the company flourished under his leadership to cater to the country's transportation needs. At the time, he also was the local representative of major brands of Indian tyres such as Apollo, Vikrant, CEAT, JK and Birla. Throughout the years his ambition and vision had materialized in the form of establishing one of the largest consumer food producing companies to cater to the population of Bangladesh and beyond. IFAD today is a name not only known in the automobile industry, it is today a synonym of trust- be it consumer product, chemical product, information technology and few more. All these were possible due to his innovative ideas, tireless efforts, perseverance and dedication with self-confidence which contributed to his successful achievements.

Under Tipu’s dynamic leadership, IFAD is set to continue its progress globally. Amassing four decades of experience as a business personality, he had authored 5 books and had founded "The Daily "Nabaraj" a nationally circulated newspaper of which he is also editor in chief. Tipu served as president of BAAMA, maintains membership in FBCCI and all other major clubs in Bangladesh.

Tipu has achieved recognition of success from various organizations due to diligence, talent, commercial investment, efficient management and service in his career. He received the Krishi Ratna Padak-2011 from the hands of the former President late Zillur Rahman and from the honorable Prime Minister Sheikh Hasina for his special role in the development activities of the country.

Recently, Tipu was awarded the 'World Greatest Leaders Award'. He has been awarded for achievements in business and industry. At the same time, IFAD Autos Limited won the 'World Greatest Brand Award' as the fastest growing company in the motor vehicle segment.

Tipu - a visionary leader, a charismatic conversationalist, a philanthropic character and a wonderful father.

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