Early Life
Muhammed Aziz Khan was born in Dhaka, Bangladesh, in 1955. His father was an army officer. At the age of 18, Khan started his first business venture with a friend, and borrowed capital from his father. He received an MBA from the Institute of Business Administration, University of Dhaka (IBA) in 1980. He attended Armanitola Government High School and Notre Dame College, Dhaka.
Rise to Success
Khan founded Summit Group in 1973. The company established Bangladesh's first independent power plant in 1998, Khulna Power Company Limited. Summit Group also set up the country's first private off-dock facility and a nationwide telecommunication transmission network. Summit Power International was incorporated in Singapore in 2016. Khan's leadership led Summit Group to build partnerships with multinational corporations such as General Electric and the International Finance Corporation.
Key Business Strategies
Khan's business strategy focused on identifying and addressing critical infrastructure gaps in Bangladesh. This involved building partnerships, securing financing for infrastructure projects, and expanding into various sectors, including power generation, ports, and telecommunications. He has also focused on cross-border energy cooperation.
Philanthropy
Khan and his wife established the Anjuman and Aziz Charitable Trust (AACT), which supports educational initiatives for disadvantaged children. The trust has partnered with UNICEF Bangladesh to enable education for disadvantaged children. Khan also built schools near the company's power plants and facilities and then transferred ownership to local authorities.