Mohammad Obaidul Karim is a distinguished self-achieved Industrialist & Businessman. He is the Founder Chairman of ORION GROUP and established the company into one of the largest conglomerates in Bangladesh with his futuristic attitude, determined will and a burning passion. He is an innovative, self-motivated and enterprising Bangladeshi business icon who has instrumented his success in the field of diversified business portfolios.
Immediately after the Independence of Bangladesh in 1971, the country faced a huge Medicine crisis, as only 40% of the demand was met locally and the rest was imported. Precisely at that time Mr. Karim initiated his business career in the Pharmaceutical sector by importing high value pharmaceutical products from Europe. But he did not stop there as his vision was 'taking our nation a step towards tomorrow,' and later on in the early 80s, Mr. Karim took over Orion Pharma Limited (OPL) which was incorporated in 1965, but could not flourish before the Liberation War. After the takeover, Mr. Karim modernized it and turned it into one of the most successful businesses of the country. During the catastrophic 1988 flood in Bangladesh, where majority of the regions were highly affected, OPL gave full support to the government by being the only supplier of the water purification tablets to the affected people of the whole nation to meet the acute crisis of the drinking water. In 1988 OPL was enlisted with the World Health Organization (WHO) as a Qualified Supplier.
Inspired by the success of Orion Pharma Limited, Mr. Karim took over another company in the same business sector named Orion Infusion Limited. Subsequently he was engaged in the Hospitality business. However, he did not limit his business to these sectors and gradually diverged into other intensifying sectors with the name 'ORION'. Taking the spirit of his continuing triumph, later in 1992-1993, Mr. Karim acquired the then ailing Kohinoor Chemical Company (Bangladesh) Limited and within a short period of time took it to new heights. Mr. Karim strategically positioned Orion Group in the global arena by driving the business growth through combining contemporary management techniques with real life practical approach.
Mr. Karim is one of the first entrepreneurs in the country to recognize the importance of Public Private Partnership (PPP). Under his leadership, Orion Group constructed and owns the 11.8km long Mayor Mohammad Hanif Flyover, the longest flyover and the first ever successful PPP project of the nation. With Mr. Karim's headship, Orion Group also built City Centre, the tallest commercial complex cum car parking in Motijheel, the financial hub of Bangladesh. Mr. Karim's success went further up when the Group became successfully involved in Private Sector Power generation of the Country, when it signed the biggest contract with Bangladesh Power Development Board (BPDB) of 4 supercritical Coal based power plants of 3000MW (with 300MW present distribution) under IPP, under the Ministry of Power of the Government of Bangladesh.
Mr. Karim is the Chairman of all the concerns of Orion Group amongst which includes Orion Pharma Limited, Orion Infusion Limited, Kohinoor Chemical Co.(BD) Limited, Orion Infrastructure Limited, Orion Hospitals Limited, City Centre, Orion Power Meghnaghat Limited, Dutch Bangla Power & Associates Limited, Digital Power & Associates Limited, Orion Power Dhaka Limited, Orion Power Khulna Limited, Orion Power Unit-2 Dhaka Limited, Orion Gas Limited, Orion Agro Products Limited, Orion Footwear Limited, Orion Home Appliance Limited, Orion Restaurant Limited, Noakhali Gold Foods Limited, Orion Oil & Shipping Limited, Orion Holdings Limited and Orion Capital Limited.
The journey to success was not an easy task, but with his ambition, business acumen and vigorous efforts, Mr. Karim won over all the obstacles and emerged as one of the charismatic business tycoons of the country. He has set innumerous examples in all his pursuits from which the budding entrepreneurs of the nation can learn and further contribute to the economy.
Besides being the Chairman or Orion Group, Mr. Karim is also the Founder Chairman of Tejgaon Industrial Owners Association. He is also the President of Dhaka Mohamedan Sporting Club Ltd., a century old legendary and most successful sporting club of the country.
Mr Karim has embedded Corporate Social Responsibility (CSR) into the Group's value systems and introduced many initiatives and programs like Enliven Patients Assistance Program (EPAP) and Orion Medical Scholarship to help the society. Under CSR, Mr. Karim is also associated with many national and international organizations.