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Wrong Nafis Sikder?

Mr. Nafis Sikder

Managing Director

Palmal Group

Email: n***@***.com

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Company Description

Palmal is a leading Garments Company, the group and the company runs very smoothly under his dynamic leadership. Over a period of the last eleven years, the company's business growth is more than 400%. ... more

Find other employees at this company (245)

Background Information

Employment History


Prime Bank Limited


Bachelor of Science

Business Administration

Washington University

Web References (3 Total References)

Prime-bank Limited [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.

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.

Nafis Sikder, a director at ... [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.

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