Biography of Shafiat Sobhan
Shafiat Sobhan is a key figure in Bangladesh's corporate realm, having studied in the United Kingdom. He currently holds the position of Vice Chairman at Bashundhara Group and serves on its Board of Directors His responsibilities span various sectors, including LP gas, food and beverage, trading, and entertainment. Additionally, he manages agricultural and horticultural projects and oversees substantial industrial ventures, including the Bashundhara and East-West Special Economic Zones and the Sundarbans Industrial Complex
Rise to Leadership
His swift rise within Bashundhara Group showcases his strategic acumen and breadth of expertise. He was rapidly promoted to the Board of Directors and took on the role of Vice Chairman His broad range of skills and extensive knowledge have enabled him to effectively oversee critical aspects of the business, including human resources development, financial management, investment strategies, and business planning and execution.
His leadership has been marked by significant advancements, particularly in the LP gas, maritime, and engineering sectors. He led the initiative to establish Bangladesh's first automated LP gas cylinder manufacturing plant, enhancing the industry's technological landscape Furthermore, his strategic direction facilitated the expansion into new business areas such as food and beverage, shipping and logistics, and services, significantly enhancing the group's amusement, recreation, and sports footprint.
Professional Recognition
Shafiat Sobhan is highly regarded for his contributions to the business sector, which is recognized domestically and internationally. He is an active member of the FBCCI's LPG Operators Association of Bangladesh. He served as a Board Director at the Dhaka Chamber of Commerce & Industries (DCCI) in 2015.
His professional accomplishments have garnered international acclaim; in 2011, he was honored with the Certificate of Special Congressional Recognition by the United States, celebrating its 235th anniversary of independence. In 2021, the UK-based Business Tabloid acknowledged his leadership with the ‘Most Influential Retail Leader’ award, highlighting his effective management and innovative strategies in Bashundhara’s Food and Beverage sector during the 2020 to 2021 period.
The Bashundhara Group in Detail
Shafiat Sobhan’s career narrative is deeply intertwined with the evolution of Bashundhara Group, which began as East-West Property Development (Pvt) Ltd in
1987. This initial venture quickly established a reputation for reliability and quality, paving the way for expansion into manufacturing and trading. In the early 1990s, the group branched into the cement, paper, pulp, and tissue sectors
The company's move into LPG bottling and distribution expanded its industrial operations, eventually serving local and international markets. Over the decades, Bashundhara Group has evolved from a small startup into a multi-million dollar enterprise, continuously enhancing its real estate and land development projects to adapt to changing consumer demands.
Meghna Cement Mills Limited, part of Bashundhara Group, is publicly traded on Bangladesh’s major stock exchanges, signifying its robust market presence
Shafiat Sobhan and Bashundhara Group: Onward to the Future
With Shafiat Sobhan at the helm, Bashundhara Group is strategically poised for ongoing innovation and growth His leadership ensures that the group remains at the forefront of industrial and economic development in Bangladesh, equipped to navigate future challenges and capitalize on new opportunities.