Walton Hi-Tech Industries PLC, a prominent name in Bangladesh's electronics sector, has announced key leadership changes following its 35th board meeting held on 14 October. The company has appointed SM Shamsul Alam as Chairman, SM Ashraful Alam as Vice-Chairman, and SM Mahbubul Alam as Managing Director (MD), all of whom are founding directors of Walton.
According to a company press release, the leadership transition is expected to steer Walton Hi-Tech Industries toward new heights of success and innovation.
SM Shamsul Alam, the newly appointed Chairman, is a seasoned entrepreneur with extensive experience in the electrical and electronics industry. His leadership has played a crucial role in Walton's global expansion, with the company now operating in over 40 countries. As a senior director, Shamsul Alam has been instrumental in Walton’s continued growth and success.
SM Ashraful Alam, in his new role as Vice-Chairman, brings a wealth of knowledge and experience in the electronics sector. His strategic contributions to Walton's growth have been vital, and his new position positions him to further support the company’s leadership.
As the new Managing Director, SM Mahbubul Alam will be responsible for driving operational excellence and overseeing the company’s strategic initiatives. His leadership is expected to play a key role in Walton’s goal of becoming one of the top five global brands by 2030.
Walton Hi-Tech Industries PLC became a listed entity on the Dhaka Stock Exchange and Chittagong Stock Exchange on 14 September 2020. With the trio of Shamsul Alam, Ashraful Alam, and Mahbubul Alam at the helm, Walton has rapidly grown to become a dominant player in both domestic and international markets.
The new leadership team has expressed their unwavering commitment to advancing Walton’s growth and innovation, with a clear vision to overcome any challenges and achieve their ambitious goal of becoming a top global brand by 2030.