About Us

About Us

Bangladesh’s Largest HFO Fuel supplier

Who We Are

Summit Oil & Shipping Co. Ltd. (SOSCL) was incorporated on 2 June, 1998 as a private limited company and was converted to a public limited company in June, 2010.

The present authorised and paid up capital of the Company is Tk.2.00 billion and Tk.500.00 million respectively. The registered office of the Company is situated at the Summit Centre, 18 Karwan Bazar C/A, Dhaka – 1215, Bangladesh.

Shareholding

99.88% shares of the Company is being held by Summit Holdings Ltd. and the balance 0.12% equally by 12 individual shareholders.

Credit Rating

Credit rating of the Company being carried out by CRISL and rate of Summit Oil & Shipping Co. Ltd. is A+ in long term; ST 2 in short term.

Thus SOSCL has been able to achieve a successful track-record as Fuel Importer and Supplier to the power plants as the first such entity in the private sector of Bangladesh.

Our Board of Directors

Chairman

 

Muhammed Aziz Khan

Details

Vice Chairman

 

Jafer Ummeed Khan

Details

Managing Director

 

M. Hafizur Rahman

Details

Director, Operations

 

Salman Khan

Details

Director

 

Anjuman Aziz Khan

Details

Director

 

Latif Khan

Details

Director

 

Muhammad Farid Khan

Details

Director

 

Azharul Hoque FCA

Details

Director

 

Ayesha Aziz Khan

Details

Director

 

Adeeba Aziz Khan

Details

Director

 

Faisal Karim Khan

Details

Director

 

Azeeza Aziz Khan

Details

Director

 

Syed Fazlul Haque FCA

Details

Get in touch with us.

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Muhammed Aziz Khan
Chairman

Muhammed Aziz Khan is our Chairman. He is one of the pioneers in the power industry of Bangladesh with more than 36 years of experience. He is the founder and chairman of the Summit group of companies and is currently the chairman of several Summit entities, including Summit Port, Summit Prakasa Asia Pte. Ltd., Summit Communications Limited and Summit Asset Limited. Mr Khan was previously the founder and chairman of Trans World Infrastructures Pte Ltd from 1988 to 2010, and founder of chairman of Summit Infrastructures Pte Ltd from 1988 to 2017.

Mr. Khan is also a member of the Singapore Institute of Directors, Singapore Recreation Club and the Bangladesh Institute of Capital Market. In addition, he is also the President of the Bangladesh Associate of Public Companies, Honorary Consul General of Finland in Bangladesh, World Federation of Consuls (FICAC), and a Consular Member of the Consular Corps in Bangladesh.

Mr Khan graduated with a Masters of Business Administration in 1980 from the Institute of Business Administration, University of Dhaka, and a Bachelor of Arts in 1974 from Jaganath College, Dhaka.

Jafer Ummeed Khan
Vice Chairman

Jafer Ummeed Khan is our Vice Chairman. After completing his studies in the United Kingdom, he joined Summit Group in 1987. He spearheaded the development and expansion of Summit Group, particularly of Summit Industrial & Mercantile Corporation (Pvt.) Limited (subsequently renamed as Summit Corporation Limited) and later of Summit Power Limited. He is also a Non-Executive Director in several of our Group’s subsidiaries, including Summit Meghnaghat Power Company Limited, Summit Bibiyana Power Company Limited and Summit Barisal Power Limited, Summit Gazipur II Power Limited and Ace Alliance Power Limited. Because of his contribution in the Power Sector, Mr. Jafer Ummeed Khan was also unanimously elected as the Vice-President of Bangladesh Energy Companies Association. He is looking to add LNG trading to the portfolio of SOSCL.

M. Hafizur Rahman
Managing Director

Mohammad Hafizur Rahman P. Eng a Professional Registered Mechanical Engineer, passed B.Sc. Engineering from CUET in the year 1976 and secured the First Class first position. He has completed the MBA in Marketing from Dhaka University and Post Graduation Diploma in Personnel Management. He Passed SSC from Motijheel Government High School and HSC from Dhaka College Dhaka.
He participated in long term training programs on Petroleum refining operation and safety in PERTAMINA, Indonesia and in Canadian Petroleum Institute in addition to much local training.
His professional carrier started with teaching as Lecturer of ME department CUET; served Eastern Refinery Ltd. for a long tenure of 22 years. He served two years as CEO of the Government LPG Company and served four years as Managing Director of HP Chemicals Ltd. Serving Summit group for the last 15 years and presently holding the post of Managing Director of Summit Oil and Shipping Company Ltd.
He is the Academic Council Member of the Faculty of Mechanical Engineering DUET and of the Faculty of Energy Science and Engineering KUET. He was a member of the national Occupational Health and Safety Policy Formulation Working Team formed by the Ministry of Labor of GOB. He has a publication on management of Occupational Safety Health and Environment.

Latif Khan
Director

Latif Khan was born 1958 in Dhaka. He pursued BA in Public Administration at Dhaka University, and subsequently left for higher studies to the U.S. in 1981. There, he worked for over 15 years in the financial sector. He was a stockbroker and a financial analyst at Prudential Insurance of America where he received numerous sales achievement awards. He also worked as a Financial Officer at Wells Fargo Bank in California. He returned to Bangladesh in 1997 and thereof joined Summit Group as the Managing Director of Summit Shipping Limited. He has been elected Vice Chairman of Summit Power Limited since 2009 and also elected President of Bangladesh Independent Power Producers’ Association since 2015. Mr. Khan has established himself as a sound and dynamic businessman of the country.

Ayesha Aziz Khan
Director

Ayesha Aziz Khan has extensive experience in the power sector of the country, specifically in the financial management of power generation companies. In her career, she has led in the financial management of multiple power projects. Currently, she is the Managing Director & CEO of Summit Power International. She was a Director of Finance Management of Summit Power Limited from 2003 to 2005, a Director of Summit Prakasa Asia Pte Ltd from 2004 to 2017, a Director of Summit Infrastructures Pte Ltd from 2005 to 2017, and a Finance Director of Summit Power Limited from 2007 to 2011. From 2011 to 2016, she was also the Group Finance Director of Summit Corporation Limited Ms Khan is currently also a non-executive director in several companies of Summit Group.

She is also a member of SAARC Chamber of Commerce and Industry, the Federation of Bangladesh Chamber of Commerce & Industry, and Singapore International Chamber of Commerce.

Ms Khan graduated with a Bachelor in Economics and Business from the University College of London in 2003 and Masters in Business Administration from the Columbia University in 2007.

Dr Adeeba Aziz Khan, Barrister-at-Law
Director

Dr Adeeba Aziz Khan is our Director. She is a Barrister-at-Law and also an Advocate of the Dhaka Bar. She completed her LLB from the London School of Economic and Political Science and received her Masters and PhD from the School of Oriental and African Studies. She is currently a Junior Research Fellow at Wolfson College, University of Cambridge and an affiliated scholar of the Centre of South Asian Studies, University of Cambridge.

She has previously practiced law at Dr. Kamal Hossain & Associates, Bangladesh and at Drew & Napier LLC, Singapore.

Azharul Hoque, FCA
Director

Azharul Hoque, is working as Director of various companies under Summit Group including the parent company Summit Corporation Limited. Mr. Hoque started his service carrier in the Summit Group from 1985.

Mr. Hoque, is a Chartered Accountant, a Fellow member of ICAB. He also earned M.Com degree in Business Management with honours from University of Dhaka.

During his long thirty two years of service, he worked in various capacities in different companies of the group and shouldered lot of responsibility in the area of Accounts, Finance, Taxation and Corporate & Legal affairs.

During his long thirty two years of service, he worked in various capacities in different companies of the group and shouldered lot of responsibility in the area of Accounts, Finance, Taxation and Corporate & Legal affairs.

His contribution in the development of present Summit Group is remarkable.

Faisal Karim Khan
Director

Faisal Khan is our Director. He is also the Director of Summit Power International and Additional Managing Director of Summit Corporation. He is the Director Operations of Summit Power Limited and a member of the Board of Directors of all subsidiary companies under Summit Group. He was involved in the development of twelve power generation projects totaling over 1,550 MW in the past decade.

Faisal Khan served as the Chairman of Bangladesh’s National Standing Committee for National Energy Strategy for Private Sector Development and also as the Co-Convener of National Standing Committee for Energy & Power Sector at Dhaka Chamber of Commerce & Industries (DCCI). He was also elected as a Director of Bangladesh-China Chamber of Commerce.

Faisal Khan holds a Bachelor of Mechanical Engineering Degree from University College London (UCL), UK and a Master of Business Administration Degree from London Business School (LBS), UK.

Salman Khan
Director

Salman Khan is the Director, Operations of the largest private sector importer of fuel in Bangladesh. Under his leadership, Summit Oil and Shipping Company Ltd (SOSCL) has imported and supplied approximately 1.8 million metric tons of HFO fuel since 2013. He oversees fleet of thirty vessels of shallow and coastal oil tankers on a regular basis. With a decade of experience, Mr Khan has been closely involved in developing the underpinning structures that ensures efficient supply chain and timely fuel shipments and supply to the clientele. He graduated from Trent University in Canada.

Anjuman Aziz Khan
Director

Anjuman Aziz Khan, wife of Mr. Muhammed Aziz Khan has over two decades of business experience in Summit. Ms. Khan is a member of Siraj Khaleda Trust that developed 200 bed capacity medical services on charitable basis in Dhaka Cantonment. She enthusiastically takes part and contributes to social activities such as “Assistance of Blind Children” and women’s entrepreneurship development.

Azeeza Aziz Khan
Director

Azeeza Aziz Khan completed her graduation in Bachelors in Economics and Business from University College London in the UK in 2011. Upon graduation Ms Khan worked briefly in private equity and wealth management at Bank of America-Merrill Lynch before moving back to Bangladesh to join Summit group as a Director.

Ms Khan spent her initial years gaining a deeper understanding about Summit’s core business, with a strong focus on finance and internal audit controls, in line with her educational background. In order to better serve as a director of Summit Group, she has taken on and completed project finance training at IDCOL and Leadership, Innovation and Strategy (LIS) program from General Electric in Kuala Lumpur Malaysia.

Since 2011, she has also been a key contributor to the establishment of Summit’s CSR charter and driver of the group’s CSR activities and currently sits on the distinguished board of SEID Trust, non-government voluntary development organization working for social inclusion and promoting rights of underprivileged children with disabilities including intellectual and multiple disabilities as well as autism since 2003.

Alongside her work responsibilities, Ms Khan is simultaneously pursuing an accreditation as a Chartered Accountant and has already completed her practical working experience with Rahman Rahman Huq KPMG Bangladesh. She currently works with the audit committee at Summit which ensures that the groups adherence to corporate governance and best practices.

Her long term goal at Summit is to ensure that as an organisation it has a strategic road map for the near, medium and long term and to spearhead its business development.

Md. Farid Khan
Director

Md. Farid Khan is our Director. He is a business graduate from Dhaka University and involved in business since 1980. He started his business career with trading in plastic compound, fertilizer and other commodities. He was an integral part of the team that pioneered export of molasses and fertilizer from Bangladesh. He was solely instrumental in setting up Liquefied Petroleum Gas (LPG) project and Tanks Terminal in Mongla. Mr. Khan was the Vice Chairman of Summit Power Limited during 2007 to 2009 and shifted his focus into attaining hi-technology prospects that would digitalize Bangladesh and swift global connectivity. He took responsibility of Summit Communications Limited as its Vice Chairman to strengthen Summit’s role as a catalyst for the introduction of new and pioneering businesses in Bangladesh. Under his guidance, Summit Communications spearheaded into that market by constructing an innovative and efficient optical fiber network architecture nationally.

Syed Fazlul Haque, FCA
Director

A Chartered Accountant by profession, Mr. Syed Fazlul Haque, started his career as partner of A Qasem & Co, Chartered Accountants in 1971. In 1975, he moved to an executive career by joining Biman, Bangladesh Airlines, as its Controller of Accounts and since then his long, varied career included increasingly higher positions in different local and multinational organizations. Mr. Haque served in Padma Oil Co Ltd for 12 years and left the Company as its CEO in 1993 to join Glaxo Bangladesh (subsequently renamed as GlaxoSmithKline Bangladesh) as Finance Director. In Glaxo, he was promoted as Managing Director of the Company in 1997 and continued in the position until his retirement in 2002. In 2005 Mr. Haque joined Summit Alliance Port Limited. During the tenure of his long career, Mr. Syed Fazlul Haque served as a Committee member of Metropolitan Chamber of Commerce & Industries, Foreign Chamber of Commerce & Industries and Bangladesh Employers Federation. At present, besides his assignment as a Director of Summit Alliance port Ltd, Mr. Haque is also a Board member of several companies under Summit Group.