Walton Hi-Tech Industries PLC has appointed SM Shamsul Alam as its chairman, SM Ashraful Alam as vice-chairman and SM Mahbubul Alam as managing director.

They all are the founding directors of the company, according to a press release.

The board of directors of the leading electronics company approved their appointments on Saturday and the appointments would be effective from October 14, it said.

Walton said the newly-appointed chairman, vice-chairman and managing director were successful entrepreneurs in the electrical and electronics industry of the country and they have played a vital role in Walton's rapid growth as senior directors.

Due to their creative and innovative leadership in the electrical and electronics industry, Walton has secured the top position in the Bangladesh market and also become a global brand through expanding its export markets to more than 40 countries of the world, according to the press release.

The appointments were made after former managing director and chief executive officer Golam Murshed decided not to continue serving the company further as his tenure ended recently, said a top official of the company on condition of anonymity.