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Summit Meghnaghat I & II Power Cos get new MD

Thursday, 3 July 2025


Summit Group has appointed Md Reaz Uddin as the Managing Director and Chief Executive Officer (CEO) of Summit Meghnaghat I Power Company Limited and Summit Meghnaghat II Power Company Limited, says a statement.
Summit Meghnaghat I is a joint venture between Taiyo Life Insurance (Japan), JERA (Japan) and Summit, while Summit Meghnaghat II is a joint venture between GE (USA), JERA (Japan) and Summit.
Mr. Reaz Uddin has been a member of the Summit since 2011. Prior to this appointment, he served as the Chief Executive Officer (CEO) of Summit Meghnaghat II Power Company, and as the Chief Operating Officer (COO) of both Summit Meghnaghat I Power Company and Summit Bibiyana Power Company Ltd.
Throughout his 32-year career, Mr. Uddin has played a key role in the development, financing, construction, and operation of power plants totalling over 2,000 MW, and has contributed to bring foreign project financings exceeding USD 1.1 billion into Bangladesh.
After graduating from the Bangladesh University of Engineering and Technology (BUET) in 1992 with a degree in Chemical Engineering, he began his career at KAFCO, a multinational fertilizer company. Mr. Uddin also holds an MBA from Victoria University, Australia.