BIOGRAPHY
GOLAM MURSHED
Managing Director, Majesto Limited.
Former Managing Director & CEO, Walton Hi-Tech Industries PLC.
Chairman, Swapner Bangladesh (SB) Foundation
Former President Better Bangladesh Tomorrow (BBT)
Specialized: Business Leadership, Innovation, and Industrial Technology Policy
Golam Murshed leads Walton Hi-Tech Industries PLC, the largest market-capitalized company in Bangladesh. Previously, he served as an Additional Managing Director of the company. He has held various leadership roles in the same company for over a decade. A Seasoned Chief Executive with verifiable year-after-year success in achieving revenue, profit, and business growth objectives within challenging, turnaround, and adaptive environments. Extensive experience with highly engineered systems, which require a deep understanding of critical business drivers in multiple markets and industries; highly successful in building relationships and maintaining communication with policymakers, seizing control of critically problematic areas, and delivering on customer commitments. Leading and motivating global teams comprised of more than 30,000 employees deployed in multiple countries and regions and successfully managed P&L for a business of about $ 1 billion in revenue with more than 5-billion-dollar market capitalization. Golam Murshed, an entrepreneurial and visionary young business leader, is the managing director (MD) and chief executive officer (CEO) of Walton Hi-Tech Industries Limited.[1]
Started his career with Walton as a Research and Innovation Engineer in 2010, and become the Managing Director & CEO just within a decade. Golam Murshed, a young business leader, is the CEO and Managing Director of the country’s largest electrical and appliance company, Walton. His decade-long persistent success, concentration, and devotion led him to become the youngest CEO of the largest company. Under his prudent leadership, Walton becomes the second largest market-capitalized company with more than $5 billion in market capitalization in Bangladesh. Nonetheless, Company attained the highest-ever Revenue, Net profit, and NCF amid Covid-19 challenges under his leadership.
Before becoming the Additional Managing Director (AMD), Mr. Murshed served the company as CEO of the Refrigerator Business Unit. During his tenure as the CEO of the refrigerator business unit, the company secured more than 70% market share. Just a decade ago the refrigerator industry of Bangladesh was 100% import oriented. His persistent effort to pursue policymakers to craft and implement the manufacturing industry-friendly policy that ultimately changed the industrial landscape of Bangladesh-currently 98% of countries’ refrigerators are being manufactured locally.
Before the role of CEO of the Refrigerator business unit at Walton, Mr. Murshed was the Operative director and Business Coordinator to the board of the company. He embodies a very innate capability of forward-thinking considering the need for all stakeholders at the center of business transformation. During his tenure as business coordinator to the board, he led the acquisition of multiple production Plants for the Compressor[2], Refrigerator, and Air-Conditioner businesses from Austria, China, Vietnam, and Thailand. His pivotal role in those acquisitions yielded immensely- currently, Walton is the market leader in each category.
Year after joining Walton Mr. Mushed became Deputy Director and Production Line In charge in in 2011. During his tenure as production in charge, he was very instrumental in doubling the production without investing any extra resources.
Mr. Murshed is exceptionally open-minded and respects the identity and uniqueness of people, societies, communities, and countries hence relating to the heritage and diversity of different cultures. He is also very keen on Child health, the environment, women empowerment, and education for underprivileged communities.
SUSTAINABLE DEVELOPMENT INITIATIVES
As a conscious global citizen and a responsible CEO, Mr. Murshed planned all his personal and professional actions in alignment with his responsibility toward society, and sustainability, and undoubtedly considering the greater good. In continuation of it, he founded ‘The Swapner Bangladesh (SB) Foundation’, a voluntary, non-profitable, non-political, non-governmental, and charitable Foundation to deal with prevailing social challenges such as education for underprivileged children, promotion of historical and cultural things, health assistance to the population group devoid of it, create fitness awareness, vocational training for the unskilled community, and promotes sports and youth among others.
Aligning with the Sustainable Development Goal (SDG) of the United Nation and that of our government he launched the “Better Bangladesh Tomorrow (BBT)” initiative to ensure that the business he led is behaving responsibly and leaving a minimum footprint on the environment. From the very beginning of the BBT initiative, it has become so successful and influential that sustainability is currently intrinsic to the strategic operational plan. Continuation to his sustainable initiatives he introduced several programs namely PLANTEER, volunteer recruitment to spread sustainability literacy among students, FIVE for Female Involvement in Versatile Empowerment, ‘SOBAR UPAR MANUSH SHOTTO’ (Humanity above All ) initiatives for health and betterment of members of the company, Train And Recruit Specially Abled People, FDMN (Forcibly Displaced Myanmar Nationals) TECH VALLY to provide skill training to the forcefully displaced Rohingya communities.
SPEECH, SEMINARS, AND WORKSHOPS
Panelist-International Investment Summit 2021, Bangladesh, November 29, 2021, Bangladesh Investment Development Authority BIDA
Panelist -Investor Summit: Bangladesh Capital Markets, LOS ANGELES, CA, 30 July 2021, BSEC
Panelist -US-Bangladesh Tech Investment Summit, SILICON VALLEY, SANTA CLARA, BSEC
Panelist -Investor Summit: Bangladesh Capital Markets, ZURICH, 20 September 2021, BSEC
Panelist – Investor Summit: Bangladesh Capital Markets, NEW YORK, 26 July 2021, BSEC
Panelist – Rise Above All 2022, Dhaka, 18 March 2022, Don Sumdany Facilitation & Consultancy
Panelist -Bangabandhu Innovation Grant (BIG), 2021, ICT Division, The Ministry of Posts, Telecommunications and Information Technology, Bangladesh Government.
EDUCATION
Master’s Degree in Business Administration (MBA)
North South University (NSU)
Bachelor’s degree in Mechanical Engineering
Islamic University of Technology (IUT)
MEMBERSHIP
- Founding Chairman, Swapner Bangladesh (SB) Foundation
- Founding Chairman, Better Bangladesh Tomorrow (BBT)
- Executive Member, Bureau of Business Research, Faculty of Business, University of Dhaka
- Panel Member, Industry Advisory Panel, Department of EEE, Independent University (IUB)
- General Member, Federation of Chamber of Commerce and Industries (FBCCI)
- Member, Chapai Nawabganj Chamber of Commerce & Industry
- Life Member, of Mirpur Sports and Physical Cultural Center City Club
Other Memberships Represented by Mr. Murshed:
- The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI)
- Australia Bangladesh Chamber of Commerce and Industry (ABCCI)
- Bangladesh China Chamber of Commerce and Industry (BCCCI)
- Bangladesh German Chamber of Commerce and Industry (BGCCI)
- Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI)
- Bangladesh-Thai Chamber of Commerce and Industry (BTCCI)
- Dhaka Chamber of Commerce and Industry (DCCI)
- Dutch-Bangla Chamber of Commerce and Industry (DBCCI)
- French-Bangladesh Chamber of Commerce and Industry (FBCCI)
- International Business Forum of Bangladesh (IBFB)
- India Bangladesh Chamber of Commerce and Industry (IBCCI)
- Japan-Bangladesh Chamber of Commerce and Industry (JBCCI)
MEDIA
Mr. Murshed is a firm believer in youth empowerment. Responding to the call of youth he has appeared in more than 50 seminars, talk shows, and workshops as a speaker to share his views regarding work, Innovation, Creativity, Business Growth, Business, Consulting, Entrepreneurship, Youth Empowerment, Leadership, Industrial Policy, Technology, career development, skills development, and industrial and economic development. He also has been featured in more than 100 global and local newspaper articles and interviews including the globally prestigious CEO Magazine[3]. His widespread acceptance among youths enabled him to amass nearly 500,000 followers on social media including Facebook, Instagram, YouTube, and LinkedIn.
AWARDS
Emerging CEO of the Year 2022, By Bangladesh Brand Forum
NEWS
“His meteoric rise through company ranks came as a result of his superiors taking note of his work ethic, but especially his entrepreneurial and leadership skills in his various roles.” – Moving Up: Golam Murshed, CEO Magazine.
“Murshed is most admired for the modernization of production and aggressive marketing strategy”- Golam Murshed: The architect of a billion-dollar company, The Business Standard (TBS)
“Like its surprising growth, the success story of its chief executive is also astonishing. The managing director of Walton Hi-Tech Industries, Golam Murshed, has not yet turned 35, but he has already become the youngest MD of the country’s largest company.”- Golam Murshed: Youngest MD of biggest company, The Daily Prothom Alo
“Golam Murshed has recently been appointed Managing Director of Walton Hi-Tech Industries Limited. Earlier, Golam Murshed was the Additional Managing Director (AMD) of the company”- The Daily Asian Age
“Walton has done exceedingly well in terms of establishing a manufacturing ecosystem of electronics and home appliances in Bangladesh,” Bangladeshi Walton Group CEO eyes top 5 Consumer Brands Club –Nikkei Asia
“Not only to expand its business and offer high-quality products but to solidify Bangladesh as a giant in the high-tech industry.” Corporate Pride, Unstoppable Bangladesh – Newsweek
[1] The Business Standard (2021; 13 December); Golam Murshed: The architect of a billion-dollar company
[2] The Business Standard (2022; April 07) Walton buys 3 European brands to make 4.8m compressors a year
[3] The CEO Magazine (2021; 28 December); Moving Up: Golam Murshed
