Ulugbekhon Maksumov

Ulugkhon Maksumov
Born (1979-09-09) September 9, 1979
EducationFergana State University (MA, Philology)
OccupationsBusinessman, entrepreneur
Years active2000s–present
OrganizationAksum Group
Known forFounder and CEO of Aksum Group
TitleChief Executive Officer
Parent(s)Yusupkhon Maksumov, Dilbarkhon Maksumova

Ulugbekhon Maksumov is an Uzbek-born businessman and entrepreneur best known as the founder and chief executive of Aksum Group, a conglomerate with subsidiaries in the defence, armoured-vehicle and marine industries.[1] His companies operate principally in the United Arab Emirates and Uzbekistan and market armoured vehicles, special-purpose boats and related products to government, law-enforcement and private clients.[2][3]

Early life and education

Ulugbekhon Maksumov was born on September 9, 1979, to Dilbarkhon Maksumova and Yusupkhon Maksumov.[4] Maksumov graduated in 2001 from The Fergana State University with a master's degree in philology.

Career

Maksumov began his career in the automotive sector in Uzbekistan, focusing on vehicle manufacturing and industrial management. In the mid-2000s, he relocated to Dubai, United Arab Emirates, to pursue new business opportunities in the automotive and defence sectors. In UAE, Maksumov expanded his activities in the defence sector, supplying both governmental and non-governmental clients in the Middle East and Eastern Europe.[5][6][7]

In 2015, Maksumov sponsored The Ramadan Football Championship.[8]

Aksum Group

In 2019, he founded Aksum Marine in the United Arab Emirates as part of a broader expansion of businesses under the Aksum brand across multiple sectors, including marine and armored vehicle production. Maksumov established Aksum Marine VPK and Aksum VPK in Uzbekistan in 2021, focusing respectively on the production of armoured boats and land-based military vehicles. The Aksum Marine VPK facility in Uzbekistan manufactures armoured and high-speed patrol boats, including models with engines up to 750 horsepower capable of amphibious operations, as demonstrated at the 2024 MSITF defense exhibition in Tashkent.[5] In addition to his business activities, Maksumov was appointed as a member of the Central Election Commission of Uzbekistan responsible for overseeing electoral processes for Uzbek citizens residing in Dubai.[7][6][9]

In May 2024, Aksum Group opened Aksum Armored Vehicles LLC, a new factory in Dubai intended to expand armoured-vehicle production.[10]

As of 2025, Ulugbekhon Maksumov is the chief executive officer (CEO) of Aksum Group. His company operates in the defence and specialized manufacturing sectors with operations in the United Arab Emirates and Uzbekistan. Aksum Group's activities focus on providing high-security and transportation technologies on land and sea. The group comprises five specialized subsidiaries: Aksum Armored Vehicles, Aksum Marine, Aksum VPK, Aksum Marine VPK, and Aksum Glass. The group's product range includes armoured and tactical vehicles, high-speed and special-purpose armoured boats, and ballistic glass equipment. These products are marketed for use by government agencies, law enforcement, private security organizations, NGOs, and individual clients.[2][3][10][11] Aksum Group has entered the European defence market by participating in Eurosatory 2026, the most important international trade fair in the sector, held in Paris.[12]

References

  1. ↑ "Aksum Group to showcase innovative products at the World Police Summit". Military Africa. 30 January 2024. Retrieved 21 November 2025.
  2. 1 2 "IDEX 2025 features AKSUM Group's armored vehicles, founded by Uzbek businessman". Daryo. 24 February 2025. Retrieved 21 November 2025.
  3. 1 2 "Supreme Class Of Engineering". Khaleej Times. 20 February 2023. Retrieved 21 November 2025.
  4. ↑ Onikoyi, Ayo (16 July 2023). "You've listened, supported me, Ulugbekhon Maksumov hails mother at 70". Vanguard. Lagos, Nigeria. Retrieved 21 November 2025.
  5. 1 2 Rakhimov, Anvar (12 July 2024). "What does the multi-vector policy of Uzbekistan look like?". Newssky. Retrieved 21 November 2025.
  6. 1 2 "International Businessman Ulugbekhon Maksumov Powers On With Aksum Group". International Business Times UK. 18 April 2024. Retrieved 21 November 2025.
  7. 1 2 "Uzbekistan`s Central Election Commission chairman appoints Ulugbekhon Maksumov". The Guardian. Lagos, Nigeria. 24 October 2021. Retrieved 4 November 2025.
  8. ↑ Balushi, Nawaf (4 April 2024). "Foreign Ministry's Ramadan Football tournament concludes". Foreign Ministry of Oman. Retrieved 21 November 2025.
  9. ↑ "Aksum Group spearheads global defense innovation; marches towards World Police Summit". Khaleej Times. 23 January 2024. Retrieved 21 November 2025.
  10. 1 2 "Aksum Group set to open new factory, Aksum Armored Vehicles LLC in Dubai". Daily Caller. 20 May 2024. Retrieved 21 November 2025.
  11. ↑ "Отечественная AKSUM Group представила бронетехнику на IDEX 2025". Daryo (in Russian). 24 February 2025. Retrieved 21 November 2025.
  12. ↑ Lerouvillois. "Aksum Group Targets Europe With Armored Vehicles, Boats and Ballistic Glass for Protected Mobility". www.armyrecognition.com. Retrieved 22 June 2026.