SOSCL appoints new Managing Director

Media Release – (Dhaka) 22nd March 2021, Monday

Bangladesh’s first energy infrastructure provider such as oil terminal, energy oil importer, distributor, trader and supplier, tanker ship owner – Summit Oil & Shipping Co Ltd (SOSCL) has appointed Rear Admiral Riazuddin Ahmed, OSP, BSP,ndu, afwc, psc (retd) as its new Managing Director from 1st March 2021. Rear Admiral Riazuddin Ahmed is also the Advisor to Summit Group of Companies as well as the Director of Summit Alliance Port Ltd (SAPL). 

On his appointment Muhammed Aziz Khan, Chairman of Summit Group of Companies remarked, “Rear Admiral Riazuddin Ahmed (retd) is a man of integrity, hard work, intelligence and wisdom. We are happy to have him lead Summit’s energy and port businesses. He would be able to spearhead Summit’s expected expansion in both the energy and port businesses in Bangladesh and abroad.” Meanwhile, the former Managing Director of SOSCL M Hafizur Rahman has been appointed as the Advisor to SOSCL.

During Riazuddin Ahmed’s distinguished career in Bangladesh Navy, he served in different ships and establishments of Bangladesh Navy, Armed Forces Division (AFD) and Directorate General of Defense Purchase (DGDP). He also served as Managing Director of Khulna Shipyard Ltd (KSY), as Chairman of both Chattogram Port Authority (CPA) and Mongla Port Authority (MPA) on deputation while he was a member of International Association of Ports & Harbors (IAPH). Rear Admiral Riazuddin is a graduate of BSc Engineering (Naval Architecture & Marine Engineering) from Bangladesh University of Engineering & Technology (BUET). 

About Summit Oil & Shipping Co. Ltd. (SOSCL): Incorporated in 1998, Summit Oil & Shipping Co. Ltd. (SOSCL) is the largest private importer and supplier of fuel oil in Bangladesh and part of Summit Group of Companies. The present authorised and paid-up capital of the Company is BDT 2 billion and BDT 500 million respectively. The credit rating of SOSCL is rated as A+ (pronounced A Plus) in the long term by CRISL.

Visit, and follow SOSCL on Facebook @SummitOilShipping

For Media Enquiries: Mohsena Hassan | E-mail: | M: +8801713081905 |