BOARDS OF DIRECTORS
Mr. Abdallah Massaad
Chairman
Mr. Abdallah Massaad is the Chairman of RAK Ceramics Bangladesh, Group CEO of RAK Ceramics PJSC and a member of the Board of Directors of several subsidiaries and other international organizations.
He is extremely knowledgeable in the fields of ceramics and industrial manufacturing and is instrumental in helping companies engage in the forward and backward integration of the ceramics supply chain. With over 26 years of experience from field sales, to sales management, to product marketing, Mr. Massaad has highly developed business leadership skills in national and international markets.
Mr. Abdallah Massaad’s tenure with RAK Ceramics began in 2004, when he was invited as a Marketing Consultant to assist the CEO office, and upgrade the branding and positioning of the company in preparation for future sales and marketing challenges arising from ambitious expansion plans.
Mr. Massaad formally joined RAK Ceramics in 2006 as Deputy CEO, responsible for operations management, strategy development, implementation and RAK Ceramics’ global interests. He supported the Chairman and CEO with strategic planning and expansion initiatives enabling the company to reach the milestone of 1 billion square meters of global sales since it began. He was also responsible for implementing corporate governance regulations and overseeing the strategic refocusing of the business portfolio. Mr. Massaad has led RAK Ceramics PJSC as Group Chief Executive Officer since June 2012.
Most recently, Mr. Massaad has coveted the prestigious 2023 CEO Today Middle East Leadership Award as well
as recognized for the 2023 Stevie Gold Honorary Award for Excellence and Good Reputation presented by the Ras Al Khaimah Chamber of Commerce and the world- renowned premier business award giving body, The Middle East & North Africa Stevie® Awards.
An award-winning CEO, in 2015, Mr. Massaad won an International Business Stevie® Award for ‘Executive of the Year (Manufacturing)’. The efforts of Mr. Massaad as a visionary CEO were also further recognized when he was awarded ‘Industry CEO of the Year’ at the CEO Middle East Annual Awards 2015 and in 2016 Mr. Massaad was shortlisted as a Top 100 CEO as part of Mediaquest’s Top CEO Awards in the GCC. In 2017, Mr. Massaad was shortlisted as one of the Top 100 Smartest People in the United Arab Emirates by Arabian Business, and he was also honored as one of the top 100 Most Sustainable CEOs by the World Sustainability Congress. In 2018, Mr. Massaad was awarded the most ‘Visionary CEO in Manufacturing Leadership’ by Frost & Sullivan, ‘GameChanging CEO’ by Finance Monthly, ‘Outstanding CEO’ at the Global Business Excellence Awards, ‘Executive of the Year’ at the BIG Awards for Business and the ‘2018 CEO of the Year’ by CEO Monthly Magazine.
Prior to joining RAK Ceramics, Mr. Massaad was General Manager of International Ceramics Company SARL in Lebanon from 1997 to 2004.
Mr. Massaad holds postgraduate qualifications in Management ‘DEA in Business Administration’ (1998) and an undergraduate degree “Maitrise in Business Administration – Marketing” from USEK (Université SaintEsprit de Kaslik), Lebanon. He is fluent in Arabic, French and English.
Mr. SAK Ekramuzzaman
Managing Director
Mr. SAK Ekramuzzaman is one of the major local equity investors in RAK Ceramics (Bangladesh) Limited. Besides managing diversified business interests of the RAK Group, he is also involved in a number of other business interests in Bangladesh. Mr. Ekramuzzaman is also the member of the Board of RAK Power Pvt. Ltd. and RAK Security and Services (Pvt.) Ltd., subsidiaries of RAK Ceramics (Bangladesh) Limited.
Mr. Ekramuzzaman has been conferred as “CIP Industry 2017” by the Government of Bangladesh in recognition of his outstanding contribution to the industrial development of Bangladesh.
Mr. Manoj Uttamrao Ahire
Director
Mr. MANOJ AHIRE IS A DISTINGUISHED GLOBAL FINANCE AND CORPORATE STRATEGY EXECUTIVE WITH OVER 34 YEARS OF EXPERIENCE SPANNING THE MIDDLE EAST, ASIA, EUROPE, AND THE UNITED STATES. HE CURRENTLY SERVES AS DIRECTOR OF RAK CERAMICS (BANGLADESH) LIMITED, RAK POWER PVT. LTD., RAK CERAMICS INDIA, AND ITS SUBSIDIARIES, AS WELL AS KLUDI SUBSIDIARIES. HE ALSO HOLDS KEY POSITIONS ON THE AUDIT COMMITTEE AND NOMINATION & REMUNERATION COMMITTEE OF RAK CERAMICS (BANGLADESH).
A SEASONED LEADER IN CORPORATE FINANCE, STRATEGIC INVESTMENTS, MERGERS AND ACQUISITIONS, ORGANIZATIONAL RESTRUCTURING, AND GOVERNANCE, MR. MANOJ HAS BEEN AN INTEGRAL PART OF THE RAK CERAMICS GROUP FOR OVER A DECADE, CONTRIBUTING TO ITS GROWTH AS GROUP CFO AND BOARD MEMBER OF MULTIPLE SUBSIDIARIES. HIS PRIOR LEADERSHIP ROLES INCLUDE STRATEGIC AND FINANCIAL POSITIONS WITH AHG, RAYMONDS, IDBI, HOLCIM, AND THYSSENKRUPP, REFLECTING DEEP AND DIVERSIFIED EXPERTISE ACROSS INDUSTRIES AND GEOGRAPHIES.
MR. MANOJ IS A CHARTERED ACCOUNTANT (CA) AND A COST & MANAGEMENT ACCOUNTANT (CMA), HOLDING PROFESSIONAL ACCREDITATIONS FROM INDIA, AUSTRALIA, THE USA, AND THE UK, INCLUDING CRISC (ISACA) AND SAP FICO CERTIFICATION.
ADDITIONALLY, Mr. MANOJ IS AN EVANGELIST FOR THE STARTUP ECOSYSTEM AND SERVES AS THE GLOBAL MANAGING PARTNER AND SEO OF A VC FUND, CONTRIBUTING TO ITS MISSION OF ADVANCING INNOVATION AND ENTREPRENEURSHIP ACROSS GLOBAL MARKETS.
Mr. Rami Labib Said
Director
Mr. Rami Said is a Director of RAK Ceramics (Bangladesh) Limited and its subsidiary companies. He brings close to 15 years of distinguished experience in investment management, corporate governance, and strategic financial leadership across international markets.
Mr. Said currently serves as Director – Investment at the Investment & Development Office (IDO), the sovereign wealth fund of Ras Al Khaimah, United Arab Emirates. In this role, he oversees a diversified institutional investment portfolio and plays a pivotal role in capital allocation and governance oversight across IDO’s investee entities.
He also serves on the Board of Directors and Executive Committees of several prominent organizations, including RAK Ceramics Group, RAK Ceramics India, RAK Academy, and RAK Modern Private School, contributing strategic direction and board-level oversight. His appointment to the boards of RAK Power Limited and RAK Security Services Limited reflects the Group’s commitment to strengthening governance through globally experienced leadership.
Mr. Said is a Chartered Financial Analyst (CFA) charterholder, awarded by the CFA Institute. He also holds a Master of Science (MSc) in Finance and Private Equity from the London School of Economics and Political Science, United Kingdom. His academic credentials, combined with extensive experience in sovereign wealth investment and listed company governance, enable him to provide valuable strategic and financial oversight at the board level.
Mr. Mohd. Shafiul Azam
Independent Director
Mr. Mohd. Shafiul Azam is the Independent Director of the Company and also the Independent Director of subsidiary companies of RAK Ceramics (Bangladesh) Limited. He is the Chairman of the Audit Committee and Nomination and Remuneration Committee (NRC) of RAK Ceramics (Bangladesh) Limited.
Mr. Azam, completed his L.L.B (Hon’s) and L.L.M from the University of Dhaka. He also has completed different in-service training in Judicial Administration Training Center. He is retired from his services as a Senior District & Sessions Judge. He has over 30 years of professional experience in the legal field as a judge and 07 years as a lawyer. He is a career judge and has vast experiences on Civil and Criminal and Company Disputes on Bangladesh perspective.
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