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This profile was last updated on 10/29/13  and contains information from public web pages.

Mr. Nafis Sikder

Wrong Nafis Sikder?

Employment History

  • Managing Director
    Palmal Group

Board Memberships and Affiliations

  • Director
    Prime Bank Limited


  • Bachelor of Science , Business Administration
    Washington University
Web References
Nafis Sikder, a director at ..., 29 Oct 2013 [cached]
Nafis Sikder, a director at Dhaka-based Palmal, denied the allegations in an Oct. 22 phone interview. He said the company had never received any notice of the violations from the department.
Beneficiaries of six of the deceased ... [cached]
Beneficiaries of six of the deceased employees have been paid Tk 5 lakh each and an assistant general manager got Tk 15.87 lakh from the company’s group insurance scheme, said Nafis Sikder, managing director of Palmal Group. Each employee will get another Tk 2 lakh from the BGMEA’s insurance coverage, he said. The group handed over the compensation in presence of the leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), at the group’s head office at Shahjadpur in Gulshan in the capital. Former BGMEA President Annisul Huq was also present. Palmal Group, which started business 27 years ago, has a total of 25,000 employees. The group exported garments worth around $300 million in 2012-13. “It was the first accident in our factory, and workers were evacuated as soon as possible,†said Sikder.
“Timely action saved many lives and just one employee got injured.†He said the company has also reached out to the families of the deceased and offered them support along with open offers for jobs in the group. Sikder claimed that their factories are well compliant with state-of-the-art firefighting equipment and modern water hydrant systems.
Prime-bank Limited, 31 May 2009 [cached]
Nafis Sikder
Nafis Sikder
Mr. Nafis Sikder is the Director of Prime Bank Limited. He comes from a very respectable Muslim family. He completed his Bachelor of Science in Business Administration (BSBA) from Washington University, U.S.A. He has been actively involved in his family business from the start of his career. At present, he is the Managing Director of Palmal Group, a pioneer and leader in the RMG Sector with a fleet of sixteen factories. As a young business entrepreneur Nafis Sikder has remarkable success in a short span of time.
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