A Classic Family Business Turned Into a Regional Conglomerate – The Journey of CTC Group
A Classic Family Business Turned Into a Regional Conglomerate – The Journey of CTC Group
Established
in 1956, CTC Group has evolved to become one of the leading regional
conglomerates in East Africa. Under the stewardship of Ahmed Amin Abdellatif,
the Group has grown and diversified into many of Sudan’s key economic sectors.
Sudan
(September 21, 2021) – CTC Group
was established with a vision to develop not just a growing business but an
enterprise that benefits the people of Sudan by providing them with products
and services that enhance the quality of life across various sectors. The Group
quickly grew to become the leading private sector company in the agricultural
sector living to its ambitions and purpose of making a difference inpeople’s
lives. However, it operated very much under a classic family business
structure.
That
soon changed as Mr. Ahmed Amin joined the Group, the first amongst second
generation of ownership that entered the business, and over his tenure that now
extends over 25 years much has changed. The Group started to diversify its
portfolio entering into new sectors such as automotive, consumer electronics,
real estate, construction, telecom and ICT as Sudan’s economy was benefitting
from the oil boom impacting investment and consumer expenditure.
It
was particularly during the past 15 years, and as Group President, that Ahmed
Amin Abdellatif started to lay the foundation of transforming the Group from a
classic family business with less than 50 employees into one of the leading
multi-sector corporates in East Africa. Today, the Group employs over 1,500 full-time employees.
As
an equal and inclusive employer of choice, Mr. Ahmed prioritised the
development of Sudanese human capital, running apprenticeship and graduate
programs to give vocational training and university graduates the opportunity
to build successful careers.
About
Mr. Ahmed Abdallatif
Mr.
Ahmed Abdellatif is the Group President of CTC Group, one of Sudan's leading
private sector companies. He has been educated at Reading University, Cambridge
University and IMD. He joined the Group over 25 years ago, of which the past 15
years have been as Group President. He is also Vice-Chairman of the CTC
Foundation.
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