Kanbawza Group of Companies
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Native name | ကမ္ဘောဇကုမ္ပဏီအုပ်စု |
|---|---|
| Industry | Construction, garments, insurance, banking, oil, communications, cement, aviation and mining |
| Founded | 1994 |
| Founder | Aung Ko Win |
| Headquarters | , |
| Brands |
|
| Website | www |
The Kanbawza Group of Companies (Burmese: ကမ္ဘောဇကုမ္ပဏီအုပ်စု; abbreviated as KBZ) is a group of Myanmar-based companies across industries such as construction, garments, insurance, banking, oil, communications, cement, aviation and mining that bear the KBZ brand.[1]: Pp 144-146
Each company operates as a separate independent entity.
The first KBZ ventures were founded in 1988 by U Aung Ko Win in textile trading and mining. This subsequently expanded into the finance, agriculture, aviation, manufacturing, and tourism sectors.[2]
Aung Ko Win (also known as Saya Kyaung) is a former schoolteacher with close connections to General Maung Aye, the former second in command of the former military junta, the State Peace and Development Council (SPDC).[1] He is married to Nan Than Htwe, the niece of Win Myint, a former SPDC official.[1] In January 2000, Kanbawza was awarded a banking license to operate Kanbawza Bank, which was first established in Taunggyi as an independent business.[3]
In 2017, daughters Nang Lang Kham and Nang Kham Noung stepped assumed leadership positions in Kanbawza, playing an active management role as Deputy CEOs in KBZ Bank.[4]