Runner Group of Companies, established with the inauguration of Runner Automobiles Limited (RAL) in 2000, has solidified its presence as a prominent conglomerate in Bangladesh. Notably, Runner Motors Limited (RML), a key facet of Runner Group, was officially inaugurated on October 12, 2004, in Dhaka. Partnering with India’s Eicher Motors Ltd., RML has effectively served as the exclusive distributor of renowned Eicher brand trucks and pickups within Bangladesh.
RML’s remarkable progress is exemplified through its extensive dealer network and robust service infrastructure, covering the nation comprehensively. Impressively, the company has secured a substantial 20% market share in the broader commercial vehicle sector, while commanding a notable 35% share in the Light and Medium (LMD) segment.
Earning consistent recognition, RML has been honored with the No. 1 Overseas Distributor award from VECV for eleven consecutive years since its inception. Beyond automotive excellence, Runner Group has embarked on diversifying its portfolio across domains such as oil and gas, lubricants, energy, real estate, green technology-driven brick manufacturing, leather, and footwear. This multi-faceted growth reflects Runner Group’s enduring commitment to dynamic business ventures and sustained excellence.
At A Glance: Runner Group of Companies
| Group Name | Runner Group of Companies |
| Establishment | In 2000 by Hafizur Rahman Khan |
| Current Chairman/ MD/CEO | Hafizur Rahman Khan |
| Major Business Area | Automotive, Oil and Gas, Lubricant and Energy, Real Estate, Land Development, Green Technology Generated Bricks Manufacturing, Leather and Footwear |
| Total Employee | 2,000 – 5,000 |
| Address | 138/1, Tejgaon I/A Dhaka-1208 |
| Contact No | 8809611222000 |
| admin@runnerbd.com | |
| Fax | No Individual Fax No. for Group |
| Website | www.runnerbd.com |
| Career | Visit Here |
Evolution of Runner Group of Companies
Runner Group of Companies initiated its journey in 2000 with Runner Automobiles as its flagship. The group’s modern two-wheeler manufacturing facility and assembly plant for four-wheeler commercial vehicles stand in Bhaluka, Mymensingh.
The Group produces an array of Runner motorcycle models for both domestic and international markets, offering technical support to local entrepreneurs for spare parts manufacturing. Its reach extends to exporting motorcycles to Nepal and Bhutan, with plans for expansion into African countries. The remarkable financial growth is evident, with a 74.35% increase in turnover to Tk 420.2 crore in 2018.
Runner Group’s commitment to excellence earned it ISO certifications and the President’s Award in 2016 for contributing to industrial development. Active participation in various business associations further strengthens its presence.
Founder of Runner Group of Companies
Hafizur Rahman Khan, born in 1955, is the esteemed Chairman of Runner Group of Companies. Holding a B. Com (Hons) and M. Com (Management) from the University of Rajshahi, he embarked on his professional journey as part of Farmland Engineering Limited until 1983. His career advanced as he joined HS Enterprise Limited and served as Director of Operations until 1999.
Subsequently, he established Runner Automobiles Limited and Runner Motors Limited (RML). As the Exclusive Distributor of renowned Eicher brand trucks and pickups in Bangladesh, Hafizur Rahman Khan’s expertise has significantly contributed to Bangladesh’s automobile sector.
Notably, he holds the position of President at the “Bangladesh Automobiles Assemblers and Manufacturers Association” (BAAMA) and serves as Chairman of Varendra University. His contributions have earned him recognition as a Commercially Important Person (CIP) for the period 2013-2014.
Corporate Philosophy of Runner Group of Companies
Runner Group’s corporate philosophy is shaped by a comprehensive vision, mission, and core values:
The vision of Runner Group revolves around positioning itself as a dependable brand, catering to customers’ needs by offering products and services that are both sought-after and economically viable.
In line with this vision, the company’s mission is centered on building and maintaining its brand image. This involves not only meeting customer demands but doing so through the implementation of environmentally friendly technologies.
Moreover, Runner Group places a strong emphasis on ensuring adequate returns on investment for its stakeholders. To achieve these ends, the company focuses on utilizing its human resources effectively, employing lean manufacturing processes to optimize productivity, and ultimately exceeding customer expectations to contribute positively to the world.
Central to Runner Group’s corporate ethos are its core values. These values, encapsulated by the acronym “RUNNER,” highlight the company’s commitment to customer respect, teamwork, waste elimination, continuous improvement, enthusiastic acceptance of responsibilities, and the recognition of the significance of social and environmental awareness.
By adhering to these principles, Runner Group seeks to embody excellence, cooperation, efficiency, and ethical accountability in all facets of its operations.
List of Major Concerns of Runner Group of Companies
Runner Group of Companies has diversified its business in various sectors like energy, real estate, footwear, and so on. The major concerns of Runner Group are:
- Runner Automobiles PLC
- Runner Motors Limited
- Runner Properties Limited
- Runner Trading Limited
- Runner Lube & Energy Limited
- Runner Footwear Limited
Awards and Recognition of Runner Group of Companies
Runner Group of Companies has garnered significant recognition and awards, underscoring its outstanding performance, impactful industrial development, and substantial contributions to Bangladesh’s economy. Notably, Runner Motors Limited, a Runner Group concern, has consistently secured accolades for its exceptional overseas sales and top-tier service provision in South Asia since its inception in 2004.
In 2016, the group achieved the prestigious President’s Award for Industrial Development, with Chairman Hafizur Rahman Khan receiving the honor from then-President Mohammad Abdul Hamid. The group further clinched the Bangladesh Business Award in the Enterprise of the Year category in 2018.
In 2020, Runner Group was honored with the National Productivity and Quality Excellence Award for its remarkable contributions to Bangladesh’s socio-economic progress. The Minister of Industries, Nurul Majid Mahmud Humayun acknowledged the group’s remarkable achievements.
A noteworthy feat was its distinction as the first-ever Superbrand in the motorcycle category in Bangladesh by Superbrands, a renowned global arbiter for brands. The group also secured ISO certifications for QMS 9001:2015, EMS 14001:2015, and OHSAS 18001:2007, further validating its commitment to exemplary management practices, environmental stewardship, and occupational health and safety.
Conclusion
In a journey marked by innovation, excellence, and steadfast commitment, Runner Group of Companies has evolved into a trailblazing conglomerate. With accolades, awards, and a diversified portfolio, the group’s impact on industrial growth and the national economy is undeniable.
As a pioneer in various sectors, it continues to shape Bangladesh’s business landscape while upholding its values of quality, innovation, and sustainability. Runner Group’s story is a testament to visionary leadership and enduring dedication to progress.
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