Ishtiaq Ahmed, CEO, Kazi Farms Group (Feed Business), reflects on his journey, his experience of working in diverse industries spanning from FMCG to telecom to energy to agri-business, lessons from his journey so far, the importance of getting out of comfort zone in order to realize our full potentials and his management philosophy, why hard work is the ultimate antidote to life’s perpetual challenges and the ephemeral nature of life and why helping others to grow is the best form of legacy.
Future Startup
I want to start at the beginning of your story. Where did you grow up and how was your early life?
Ishtiaq Ahmed
I came from a typical middle-class family. My parents are highly educated. My mother did her MA from DU almost 43 years back and she was in the teaching profession for around 40 years. My father had the higher education from the then West Germany in late 70’s and was a Government service holder.
They embedded a very high degree of family and social values in me and always emphasized on having a quality education.
I was not a genius student but not a bad student either. I was an above average student but always focused on gaining knowledge rather than scoring high. I was very much in sports and used to play football, badminton, hockey and cricket in our local ground. Cycling was my passion and I also loved flying kites.
I used to have pet Pigeon and would love them flying in the sky during the windy weather. I also used to have fighter chicken and would go around participating in fighting competitions. I had a very rewarding and cheerful boyhood.
Future Startup
You have over 20 years experiences (12 years in FMCG, 6 years in Telco and 2 years in the Energy sector and now in the Agricultural industry) in reputed MNCs like BAT, GSK, Robi Axiata in various cross-functional senior positions including CEO. What are the biggest lessons from all those years?
Ishtiaq Ahmed
Throughout my career, I have always stretched myself and put myself into discomfort zones and grabbed all opportunities to work in different cross functional roles in diversified industries.
I have got direct exposures to multiple industries like FMCG (British American Tobacco, Coca-Cola, Reckitt Benckiser, GSK), Telco (Robi Axiata Limited and Banglalink), the Energy sector (Liquefied Petroleum Gas) and at present working in the Agricultural sector.
My key lessons from my professional career are:
You learn more when you throw yourself into discomfort zones and can gain superior knowledge and skills over most of the executives.
Future Startup
Where do you see the Bangladesh economy going over next few years?
Ishtiaq Ahmed
Bangladesh noted over 6% (app) GDP growth rate over the last ten years despite different external challenges like political unrest, flood etc. Bangladesh is being rated very high by different global bodies and institutions in areas like progressive development in economy, the significant upswing in social development index, education, women empowerment, rapid growth in internet users, robust growth in mobile penetration etc.
The country has a population of around 165 million with a huge young population. Putting all these factors together, it can b safely predicted that we are ready to take off and we will be one of the fastest growing economies in next ten years time.
Future Startup
What is your management philosophy?
Ishtiaq Ahmed
Management is all about empowering people you work with. I maintain a couple principles when it comes to managing people and things:
While it is always challenging and frightening to get into an unknown territory, it has been immensely rewarding an experience for me.
Future Startup
What are the biggest risks you have taken to move forward?
Ishtiaq Ahmed
I have always taken high risks of getting out of my comfort zones and taking up challenging roles in completely different industries that are reflected in throughout my 20 years career.
While it is always challenging and frightening to get into an unknown territory, it has been immensely rewarding an experience for me. Taking risks has allowed me to have following exposures.
The journey of trying anything new is not easy. It is difficult and it takes an enormous amount of courage and hard work and you have to be ready to take accept the discomforts and challenges. That said, achieving anything worthwhile takes hard work, dedication, and discomfort.
There is no exception to hard working and integrity
Future Startup
What advice would you give to people who are just starting out in life?
Ishtiaq Ahmed
I have already touched this during the ‘’lessons from my life’’ section as stated above. I will simply add a couple points and re-emphasize few things:
Finally, take care of your parents. They are the ONLY well-wishers on earth without any self-interest other than your well-being.
I strongly recommend the fresh graduates and young professionals to read the following books.
a) ‘Awaken the Giant Within ‘ by Tony Robbins ( How to Take Immediate Control of Your Mental, Emotional, Physical and Financial Destiny)
b) ‘The Power of Self-Discipline’ by Brian Tracy
c) ‘Goals !’ by Brian Tracy
Life is ephemeral in nature. We are here for a limited time and then someone else will replace our places. Remembering this simple fact is incredibly powerful and empowering and it enables us to look beyond our limited self-interest and short-term goals. I am working now on a different platform to contribute on a bigger scale. I believe the best thing I can do is helping other people to grow and prosper in life. That’s the best kind of legally I want to leave behind.
Future Startup
What is your philosophy of life?
Ishtiaq Ahmed
Death is inevitable. When I look around the society it looks like that many of us have forgotten this universal truth of ‘death’ or being buried over too much passion for happiness.
We have become too much self-centric and putting all our efforts in making assets. We have miserably failed to define the boundary of success and expectations from life. We have forgotten that inequality is growing uncontrollably in our society and the majority of our population don’t get an opportunity like us to study in good public or private universities.
We have totally forgotten that we have a social responsibility as well that can be done within our capacity. People in developed countries learn about social responsibility from school education and get involved in community development from the student life. We are significantly behind in this regard.
I have grown up in a typical middle-class family with a very limited income of my parents. They sacrificed their standard of living to spend behind our education. I used to ride around 20 KM by cycle to attend college and save transportation costs.
I could not eat lunch during the 4th week of each month during my IBA (DU) life due to financial constraints. I used to have one glass of water with a cup of tea before attending the afternoon classes.
I did not share a critical disease with my parents during my MBA life as my parents would not be able to afford the surgery costs and I never wanted them to loan from relatives and bent down their heads.
I had that surgery done once I got the job in BAT Bangladesh. But the long delay damaged my health a lot and I still carry its consequences. I don’t regret at all as my parents sacrificed their personal comfort and happiness for our education.
You will get similar stories of many successful people who are from middle-class families.
I have sketched my student life briefly to set the tone to talk about my philosophy of life as stated below.
Life is ephemeral in nature. We are here for a limited time and then someone else will replace our places. Remembering this simple fact is incredibly powerful and empowering and it enables us to look beyond our limited self-interest and short-term goals. I am working now on a different platform to contribute on a bigger scale. I believe the best thing I can do is helping other people to grow and prosper in life. That’s the best kind of legally I want to leave behind.