Established in 1985 under the leadership of Mr. Iftekhar Ahmed Tipu, IFAD Group has grown into a prominent conglomerate in Bangladesh. With businesses spanning industries like automobiles, food, toiletries, media, and information technology, IFAD Group is a major employer of a diverse and skilled labor force.
Driven by ethical practices and a commitment to society and the environment, IFAD Group has embraced innovation to adapt to customer needs and create shared value. Mr. Iftekhar Ahmed’s visionary leadership and extensive experience have propelled the group’s growth and its active engagement in addressing societal issues.
IFAD Group aims to be a diversified conglomerate that enhances the quality of life for consumers and adds value for all stakeholders. Their mission is to contribute to Bangladesh’s growth journey by providing high-quality products, services, and business solutions that are convenient and affordable. Through continuous innovation and technological development, IFAD Group strives to meet customer needs while maximizing stakeholder value, playing a crucial role in the nation’s progress.
At A Glance: IFAD Group
| Group Name | IFAD Group |
| Establishment | In 1985 by Iftekhar Ahmed Tipu |
| Current Chairman/ MD/CEO | Iftekhar Ahmed Tipu |
| Major Business Area | Consumer Goods, Agro, Automobile, Foods, Toiletries, Media, IT |
| Total Employee | 4,500 + |
| Address | IFAD Tower, Plot-7 (New) Tejgaon Industrial Area, Dhaka 1208 |
| Contact No | 8809612114444 |
| contact@ifadgroup.com, contact@ifadautos.com | |
| Fax | No Individual Fax No. for Group |
| Website | www.ifadgroup.com |
| Career | Visit www.ifadgroup.com/career/job or Here |
List of Companies of IFAD Group
IFAD Group is currently consisting of the following companies:
- IFAD Autos
- IFAD Motors
- IFAD Multi Products
- IFAD Home Care
- IFAD Enterprises
- IFAD Auto Services
- IFAD IT
- IFAD Salt & Chemical Ltd.
- Gulf Oil Bangladesh (Joint Venture)
Recent Move of IFAD Group
IFAD Group recently made a significant move by signing a joint venture agreement with Gulf Oil International Limited. This partnership aims to establish a manufacturing and distribution plant for lubricants in Bangladesh, catering to both the local market and neighboring countries. Gulf Oil Bangladesh, a subsidiary of Gulf Oil International Group, has set its sights on becoming one of the top three players in the market within the next four years.
In the presence of Commerce Minister Tofail Ahmed, the agreement was signed by Iftekhar Ahmed Tipu, Chairman of IFAD Autos, and Frank Rutten, Vice-Chairman of Gulf Oil International UK Limited. Through this joint venture, Gulf Oil and IFAD Autos Ltd will collaborate to manufacture and distribute lubricants in Bangladesh, strengthening their presence in the industry.
Conclusion
IFAD Group stands as a testament to its strong roots and commitment to the development of Bangladesh. With a focus on meeting the nation’s needs and ensuring customer satisfaction, IFAD Group has prospered over the years. As it looks to the future, its dedication to superior product quality and the well-being of its stakeholders remains unwavering.
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