The Founder of the Company is Mr. Sultan Ahmed who is also Chairman & Managing Director of The Mother Group of Companies. Mr. Sultan Ahmed, On completion of his education, joined erstwhile East Pakistan Industrial Development Corporation (EPIDC) in 1966 and after emergence of Bangladesh as a sovereign State Mr. Sultan Ahmed joined Bangladesh Textile Mills Corporation (BTMC) and held different position until he resigned from service of the corporation in 1977 as Co-Ordination Officer. During the long tenure of his services with EPIDC and BTMC, Mr. Sultan Ahmed got the opportunity to get himself acquainted the implementation of Textile Project and management  operation of Textile Units under the Corporation. His practical experiences in the field of Management of Textile Industries inspired him to set up the existing Mother Group of Industries. Mr. Sultan Ahmed had long association with the former EPIDC/BTMC and he involved with Trading, Indenting, Import and Export of goods and services related to Textile Project. Mother Textile Mills Ltd. was established in 1992, Euroasia Felt Industries Ltd. in 2005 and since then the both companies have made rapid progress and are expanding under the dynamic leadership of Mr. Sultan Ahmed.