page_title: Iqbal Ahmed
section_title: Career
hierarchical_section_title: Iqbal Ahmed / Career
caption_attribution_description: English: Seamark products sold in Bangladeshi grocery stores
context_page_description: Iqbal Ahmed, OBE is a Bangladesh-born British entrepreneur. Based in Manchester, he made his fortune importing shrimp. His two companies, Seamark and Ibco, have extensive interests in shipping, hotel and real estate development, hospitality, and food. Their success turned him into one of the United Kingdom's richest men. He is also the highest ranked British Bangladeshi to be featured on the Sunday Times Rich List.
context_section_description: Since March 1992, Ahmed has been CEO of the Seamark Group, which he founded with his brothers. The company Ibco is a supplier to the catering trade and Seamark is the frozen-food processor. He also owns a hotel development, a Thai restaurant and bar called the Vermilion and Cinnabar (opened 14 November 2007), on Hulme Hall Lane which is worth £5 million, close to the City of Manchester Stadium.
  In 2004, Seamark and Ahmed's brothers made a combined profit of £5.1 million on £108 million. The Ahmed family featured in the Sunday Times Rich List 2006, listed at number 511 with a total net worth of £110 million. In 2007, however, the rank fell to 574, and in 2008 to 644 at £120 million. Ahmed and his brothers were twice listed at number 20 in Top 20 richest Asians in UK with a net worth of £88 million in 2006, and of £90 million in 2007.
  Ahmed and his family's Manchester-based business has a £200 million revenues across the city, with also a workforce of 2,000 in Bangladesh, which is where he was born. The products are exported across Europe and America, in popular brand names such as Mr Prawn, Lily, Classic and Tiger. In 2001, a new sales office was created in the United States to distribute products in North America, located in New Jersey and in Brooklyn, New York City. He is popularly known by the British community, 'Mr Shrimp' or 'King Prawn'.
  In 2006, Ahmed was nominated by The British Frozen Food Federation to represent their interest and concerns as a member of the Ethical Trading Champions' Group, which was set up as part of the Government's Food Industry Sustainability Strategy.
  In 2007, Ahmed was invited to join an economic think tank, the New Enterprise Council, by George Osborne. Over the years he has played an active role in a number of government committees and advisory bodies. They include the Department of Trade and Industry's Southern Asia Advisory Group; the Competitiveness Council and the British Council's BOND initiative, which provides UK companies with low-cost introductions to potential business partners in key developing international markets.
caption: Seamark products sold in Bangladeshi grocery stores
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