Early Life
Muhammed Aziz Khan was born in Dhaka, Bangladesh, in 1955. He is the son of an army officer. At the age of 18, he started his entrepreneurial journey with a friend, entering the import business. He pursued his education, earning an MBA from the Institute of Business Administration, University of Dhaka (IBA) in 1980.
Rise to Success
Khan's career took a significant turn when he founded the Summit Group. Starting as a trading company, Summit Group evolved into one of Bangladesh's largest infrastructure conglomerates. His strategic vision led to investments in power generation, ports, fiber optics, and real estate. A pivotal moment was the establishment of Khulna Power Company Limited in 1998, Bangladesh's first independent power plant. Khan has led Summit in building partnerships with multinationals such as GE, IFC and Wärtsilä while securing billions of dollars in financing for infrastructure projects within Bangladesh.
Key Business Strategies
Khan has focused on identifying crucial gaps in Bangladesh's developing economy. He recognized the need for reliable power supply and spearheaded the establishment of several power plants. This strategic move has positioned Summit Group as the largest independent power producer (IPP) in the country. Furthermore, Khan has expanded Summit Group's presence into ports, logistics, and information technology sectors. These ventures have significantly contributed to Bangladesh's economic growth.
Philanthropy
Muhammed Aziz Khan is committed to social development through educational initiatives. The Anjuman and Aziz Charitable Trust (AACT), established by Khan and his family, provides educational opportunities to disadvantaged children in Bangladesh. He is also involved in supporting healthcare and community development.
