Philip Marcovici is enjoying a fruitful collaboration with Iraj Ispahani of Ispahani Advisory Limited in London – see Ispahani Advisory
Ispahani Advisory advises Chairs, CEOs and Founders on business strategy and talent management. The firm operates internationally and specialises in working with private and family businesses across a variety of sectors including financial services and professional services. The firm has expertise in emerging and frontier markets and has access to a network of senior decision makers across these markets. Ispahani Advisory draws upon a distinctive understanding of asset ownership, succession planning and organisational development to advise families and entrepreneurs.
Iraj Ispahani has been working with Philip Marcovici on a variety of educational initiatives, including family business and family office programmes offered by the Cambridge Judge Business School Executive Education Division, in relation to which Iraj and Philip were founding advisors.
The Ispahanis have been involved in business in South Asia since 1820. In 1947 the corporate Head Office was moved to Chittagong, where it stands today. With corporate offices in Chittagong, Dhaka and Khulna and, through its tea, textile, jute, property, poultry and shipping divisions, the Group employs approximately 10,000 people.
The Ispahani Group is a pioneer in many fields and remains one of the most successful and respected business houses in Bangladesh. It is the largest tea trading company in the country and dominates the domestic tea market, capturing approximately 50% of the national branded tea market and 80% of the branded tea-bag market. Ispahani Tea is renowned all over Bangladesh.The company has an unrivalled distribution network of over 300 sales centres and owns four of the finest tea gardens in Bangladesh: Ghazipore, Mirzapore, Zarreen and Neptune.
Corporate and Social responsibility form a large part of the Ispahani philosophy. Throughout its history, the Ispahani family have endeavoured to support and advance worthwhile causes. The family has established schools and colleges in Bangladesh as well as the renowned Ispahani Islamia Eye Hospital which has been looking after the eye care needs of thousands of Bangladeshis since its inception in 1960.
The Ispahani Group sponsors cricket, football, golf and tennis tournaments as well as the National Cricket League.
Often working with Iraj Ispahani and his colleagues, Philip Marcovici, among others, designs and delivers family retreats, works on family charters and constitutions, and provides strategic input to global private banks, trust companies, wealth managers and other players in the wealth management industry.