Author Topic: 10 successful entrepreneurs of Bangladesh  (Read 3680 times)

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10 successful entrepreneurs of Bangladesh
« on: August 09, 2012, 02:05:47 PM »
ALAUDDIN AHMED
Alauddin Ahmed (31th July, 1944) was an entrepreneur. He was a Managing Director of Healthcare Pharmaceuticals Ltd.
Success of a pharmaceuticals company depends on consistently maintaining the highest standard of quality. Our firm commitment to qualify has encouraged us to establish manufacturing facilities conforming to Good Manufacturing Practives (GMP) with the active support and technical guidance of the globally reputed pharmaceuticals company F. Hoffmann- La Roche Limited, Basel, Switzerland.

Our mission is to develop and manufacture pharmaceuticals formulations in the most appropriate manner and to ensure the safety, efficacy and usefulness of our products.
We direct our efforts to improve the quality of human life by enabling people to do more, feel better and live with full essence of life.

By the grace of Allah the Almighty and with the motivation and support of our people and partners, we look forward to be seen as an organization pioneering the implementation of innovative ideas, respected for strict adherence to ethical proactive, reputed for the quality of products and appreciated for sustainable growth in our national and global operations.

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MOHAMMAD OBAIDUL KARIM
One of the leading industrial corporations in the country, the Orion Group encapsulates true Bangladeshi entrepreneurial spirit. Its chairman, Mohammad Obaidul Karim, has led the company to pioneer a number of firsts in Bangladesh, achieving a level of success unparalleled in the country’s history. From modest beginnings, the group’s operations now span 11 diverse sectors, namely agro products; aviation management; cosmetics and toiletries; construction; energy; hospitality management; infrastructure development; textiles and garments; pharmaceuticals and health care; power generation; and real estate.
Since its inception, the group’s main objective has been to target rural poverty reduction and foster sustainable economic development in its position as a world-class corporation, creating products and services of real value, and generating employment. “I think of our company as a family of 18,000 people,” says Mr. Karim.” We always try to maintain great relations with our employees, and we provide staff with benefits such as loans, donations and our assistance programme.”
Such positivity has seen the group make important inroads into developing the nation’s infrastructure. Planned and well-designed connections boost a country’s appeal for both local and foreign investment, as poor, inefficient communications deter investors and frustrate national advancement efforts. Therefore, the government has encouraged private-sector participation to accelerate infrastructure development and the Orion Group has been the first to take up the mantle.
Leading the charge, Orion Group incorporated Belhasa Accom and Associate Ltd and submitted a bid for the Jatrabari-Gulistan Flyover Project. After a highly competitive selection process, the company was awarded the contract to design, construct, maintain and operate the flyover using privately obtained finance on a build-own-operate-transfer (BOOT) basis. The concession agreement was sealed in June 2005 and construction began in June 2010.

The Jatrabari-Gulistan flyover breaks new ground in Bangladesh. “This is the first infrastructure project in Bangladesh under a public-private partnership (PPP) agreement. Previously there was no such type of investment and it was a dream that a private entity would be able to invest in infrastructural development,” says Mr. Karim. “Initially, the flyover was to be seven kilometres long, now it is 10 kilometres. The investment is around $290 million and we are working on raising these funds from completely local sources.”
In addition to entering unchartered financing territory, other challenges facing the Orion Group include the required construction time for the project being shortened by a year, to two and a half years construction time, and the physical constraints imposed by the site being in such a built-up area. “The government is very keen to complete projects such as this flyover and is giving us maximum support. If we need police support for anything, it is provided immediately,” says Mr. Karim. “Presently, we are facing traffic jam issues because we are digging up ground in the middle of a narrow road. There is some inconvenience, however Bangladeshis understand the value this project will bring once completed. We are receiving a lot of support from local people.”
The Orion Group has not only blazed trails in PPPs, but it has also taken real estate to new heights. It reshaped Dhaka’s skyline when it constructed the country’s tallest building, the 39-storey City Centre, and also has plans to create a new satellite town near the capital.

Its pharmaceutical arm was the first company in Bangladesh to produce amino acids and to manufacture anti-cancer drugs, bringing down the cost of cancer medication from 2,100 taka (£17) to 350 taka (£2.85) per box.
In agriculture, the group is currently collaborating with a Dutch company to grow mushrooms on two large plots of land. “Our location and facilities are ideal,” says Mr. Karim. “European companies have tried going to China for these agro-products, however they have found Bangladesh is a better more cost-effective producer.” The company has plans to develop an agricultural industrial park and produce vegetables targeted at European markets.

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S.A.K. EKRAMUZZAMAN
Quality products and caring policies make RAK a market leader. S.A.K. Ekramuzzaman, managing director of RAK Ceramics, outlines the benefits of manufacturing in Bangladesh, and considers the country’s requirements for further economic growth. Contributing to the nation’s economic success are companies such as RAK Ceramics, a manufacturer and marketer of ceramic tiles, bathroom sets and other sanitary ware established in 2000.
With an average annual turnover of more than BDT 5 billion (over £42 million) in its 11 years of existence, RAK has established itself as one of the sector’s leading manufacturers.
Mr Ekramuzzaman, managing director of RAK, comments on the factors behind Bangladesh’s success. “We have a very enthusiastic workforce. The availability of labour is another strong success factor. If you offer a reasonable salary, the migration of workers is minimal.”
This, he says, has helped shaped present-day Bangladesh. “Bangladesh is now self-sufficient. The people are not starving and a large market exists here. There are explored and unexplored markets here, both for local and international entrepreneurs.”
Regarding the ceramic industry, Mr Ekramuzzaman’s area of expertise, he says: “I can say that, we have enough demand that we can sell what we produce in the same day. Our company is already booked for orders for the next six months.”
However, Bangladesh’s economy is in such a prime position that certain developments require urgent attention before economic growth continues, primarily infrastructure. Mr Ekramuzzaman shares this thought: “We have very poor infrastructure, which needs to be built up first. We need to develop roads, highways, gas, and electricity amongst other aspects of the country.”
Public-private partnerships have been introduced in Bangladesh, though they are in their early stage. RAK’s managing director is optimistic that “they will continue to grow so as to aid the growth of both infrastructure and the economy as a whole.”
RAK is also making its way into the housing sector, and has already embarked on a project to build 2,500 flats in Dhaka city to help the lower-middle class population. Another plan for 5,000 flats is under way.
RAK profits are shared with the community. “We are contributing approximately 2 per cent of profit to assist with health and education programs.”
Maintaining a quality standard of life of its workers is one of the company’s main concerns. “We employ 5,000 people and pay the best salaries in Bangladesh. We provide 100 per cent life insurance coverage to employees. The company contributes 5 per cent of its profit before taxes towards the Workers Profit Participation Fund and Welfare Fund. We are just like a family,” he explains.

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NASIR A. CHOUDHURY
Green Delta Insurance Company Limited (GDIC) is one of the leading private, non-life insurance companies in Bangladesh, providing an array of insurance such as fire, burglary, marine and health.
GDIC was incorporated in late 1985 as a public limited company with a paid up capital of only BDT 30 million ($366,500). After the privatization of the insurance sector, Green Delta was the fifth company to be established, and it has gained a reputation as one of the most respected companies in the business.
Nasir A. Choudhury, Managing Director of GDIC, has played an important role in the growth of the company thanks to his 54 years of experience in the insurance sector. Mr. Choudhury attended two different insurance courses for a total 14 months in the U.K. and Germany, and upon completing them was posted in Pakistan Insurance Corporation’s Regional Office in Chittagong, which became the Bangladesh Insurance Corporation after independence.
Success for GDIC began from day one. It was the first insurance company to be launched purely by professionals and technocrats, and Mr. Choudhury and his colleagues’ first-hand experience working abroad got the company off to a flying start. Today the company has paid up capital of BDT 510.3 million.
As a whole, 2011 was a challenging and to some extent turbulent year for the economy, capital markets and the financial services industry. The year began with ongoing market declines and extensive government intervention in the financial system and broad-based consumer anxiety that ended with a liquidity crisis and& increased interest rates.
Despite the aforementioned gloomy situation, the insurance sector in the country has moved ahead. The top line continued to grow in 2011. “We are pleased with our progress and optimistic that we can accelerate the momentum in our business. We can proudly confirm that with the right strategic guidelines and timely executions of the plans, Green Delta Insurance Company has successfully overcome the hurdles during the year 2011,” says Mr. Choudhury.
In 2011, GDIC was once again the highest premium collector, and despite the worldwide recession GDIC is still producing the numbers. It reported 17.5 percent increase in gross premium to BDT 2,351.47 million, an investment income of BDT 131.80 million; profit after tax is now BDT 134.01 million, an 11.9% growth in net premium, fixed asset growth 58.2% now standing at 212.94 million and an underwriting profit growth by 24.5% standing at BDT 124.17 million.
Moreover, during the year 2010 and 2011 GDIC made significant investment on the following that are expected to result in substantial investment return and cost reduction in near future:
•   Investment in Green Delta Aims tower – a joint venture 17 storied landmark building in Mohakhali, Dhaka has been constructed entirely from own cash flow. The corporate head office of GDIC has been relocated to the new premises recently. This will help GDIC in reducing the rental expenses by huge margin.
•   Investment in merchant banking subsidiary – Green Delta LR Financial Services Ltd., a direct subsidiary of Green Delta Insurance Co. Ltd., engaged in fully-fledged merchant banking business. The entity has already generated a positive bottom line in its very first year of operation. In the coming days the merchant bank is expected to generate more revenue and uphold the image both locally and globally.
•   Investment in fixed assets – GDIC has recently purchased two commercial floor spaces in Dhaka city. In one premises out of the two, a branch has been opened and the other one under construction progress.
Green Delta’s success can be attributed to its multiple strategies concerned with long-term success. Creating value for its customers, investing in and developing the talent of its’ employees, committing to ethical conduct, and assuming social responsibility are just a few of the ways GDIC is focused on maintaining a strong financial stance, both for now and for the future.

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MOHD. NOOR ALI
Mohd. Noor Ali the Managing Director of Unique Group of Companies Ltd. is one of the leading business personalities in Bangladesh. Born in July 1953 at Nababgonj of Dhaka district Mr. Noor Ali is a worthy son of Late Md. Hakim Ali and Late Sufia Khatun. He completed his Bachelor of Social Science (Hons) in Sociology from University of Dhaka in 1977. He also did his Masters of Social Science in Sociology from the same university in 1978. A man of strong commitment and also very hard working Mr. Noor Ali has made a conglomerate namely Unique Group of Companies with in a very short span of time. This group is engaged in building a world of happiness, peace and prosperity through its honest and sincere efforts by developing products, services and facilities in the areas of Real Estate, Electrical Power Plants, Air Travel, Aviation Services, Tourism, Recruiting Man Power, Vocational Training, Ceramic Products, Banking services, Housing Finance, Hotel Services and through other commercial and industrial projects. With its manifold enterprises and multi pattern activities and its ever expanding activities in hand and its commitments in new fields, the group desires installation of a sound economic structure for the country which is urgently needed for prosperous growth of the nation. The motto of this group is to serve and always endeavor to serve better through participation in all Steps, Partnership with Clients, Teamwork, commitment, Project Teams, Human Resources and above all Vision for Tomorrow.
Established in 1993, The Unique Group is such a company which has diverse business interests. The other sister concerns of this group are Unique Eastern (Pvt) Ltd. Borak Travels (Pvt) Ltd. Borak Real state (Pvt) Ltd., Unique Vocational Training Centre (VVTC) Unique Hotel and Resorts Ltd. (The Westin Dhaka), Unique Ceramic Industries (Pvt) Ltd. and Eastern Bank Ltd.
Mr. Md. Noor Ali is the key person who established this business hub by applying his merit, hard labour and relentless efforts. He has plan to establish couple of industries in the consumer goods sector in days to come.
A former President of BAIRA, Mr. Noor Ali is involved with other organizations. He is a Director of Eastern Bank Ltd. (EBL), Life member of Gulshan Club, Dhaka University Alumni Association, member of Real Estate and Housing Association of Bangladesh (RHAB), Vice President, Concrete Block Association.
A freedom fighter Mr. Noor Ali is an active member to a number of Trade organizations, Social bodies etc. Alongside business activities he is involved in social welfare activities as part of social commitment by establishing Unique Kalyan Trust.
It has been formed to render social and educational services in Bangladesh particularly in the area of Nababgonj since 1987. With manifold service oriented ideas and dynamism Mr. Noor Ali has been giving tireless services for the continued development progress and prosperity to the people.
He has widely traveled almost all over the world on business trips including Australia, Bahrain, Belgium, Bhutan, Canada, China, France, Germany, India, Iraq, Italy, Japan, Jordan, Kuwait, Libya, Malaysia, Maldives, Myanmar, Nepal, Netherlands, Oman, Pakistan, Philippine, Qatar, Russia, Saudi Arabia, Singapore, Sri-Lanka, Switzerland, Thailand, U.K. USA, Ukraine and so on. In personal life Mr. Noor Ali is married and a proud father of three daughters. His hobby is Reading, Gardening and he always likes to involve in Social Welfare activities.

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KAZI AKRAMUDDIN AHMED
A tremendous energetic and an outstanding charismatic personality with amiable disposition Mr. Kazi Akramuddin Ahmed is the founder Chairman of Standard Bank Limited. He is a man with distinctive vision, dynamism, commitment and innovative ideas. He comes of a very prominent and highly respectable family of Bangladesh. Mr. Akramuddin Ahmed did his M. Sc. in physics form Dhaka University in 1963 and thereafter received several local and foreign professional Diplomas and training. He did Diploma in Personnel Management from UK in 1974, Industrial Management training from Switzerland in 1980. After academic education he first started his career as a lecturer in Jagannath College, Dhaka and after a short spell of teaching profession, he switched over to Administrative career in the Industrial Sector, in Mohammodi Steel as Manager in 1964. He left his service life in 1981 while he was General Manager of Bangladesh Steel and Engineering Corporation for embarking upon as an entrepreneur in the field of Industrial Manufacturing, Banking and other business. As a Chairman of Standard Bank Limited he has brought along with him a vast wealth of experience and expertise of managing a number of Industries of his own and of Bangladesh Steel and Engineering Corporation, prominent business houses and enterprises of diversified nature.
Today he is a very successful entrepreneur and an eminent industrialist of the country. He is the Managing Director of Eastern Engineering Works Ltd., Bright Steel Wire Rope Mfg. Co. Ltd., Chittagong, Bright Trader (Overseas), Chittagong and Standard IT Services Ltd. He is one of the Former Directors of Padma Oil Co. Ltd., the largest subsidiary enterprise of Bangladesh Petroleum Corporation. He is a widely traveled man and visited many countries viz. USA, UK, French, Germany and many other Asian and African countries.
He is a valiant Freedom Fighter in our glorious War of Liberation who actively participated in the liberation war in 1971 and has made many significant contributions. During his course of journey to training camp in India, he lost his beloved son who died on the way.
He is the Former Chairman of Bangladesh Association of Banks (BAB) and during his tenure he has made immense contribution in turning this organization into a very lively and vital forum of the Chairman and Directors of Private Commercial Banks in Bangladesh.

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MR. RAGIB ALI
Mr Ragib Ali is a leading industrialist, tea-planter, and is also associated with bank, Stock exchange, insurance companies, and many other business houses. He has endlessly contributioned in establishing many schools, colleges, masjids, madrashas and medical colleges, and universities throughout the country. Born in 1938 in Bishawanath, Sylhet in Bangladesh, Mr Ali was educated there before moving to the UK in 1956. Mr Ali a direct descendent of Afghan military chief Syed Mohammad Yakub studied at the Raza G.C High School and College of Sylhet before moving to the UK at the age of 18 to further his education. However, once in the UK through hard work and perseverance, Mr Ali transformed himself from an ordinary waiter to a leading entrepreneur. He built up a successful restaurant business, acquired a huge wealth through share market and real estate business. Mr Ali’s foresight, exceptional business acumen and strategic vision, honesty, talents and energy were the key factors for achievement of these wonderful feats. He soon returned to his native country with all his funds to contribute in national development. As an astute entrepreneur he became, within a short period of time, a leading industrialist, a renowned businessman, a foremost tea planter and a famous banker of the country. Mr Ali is the current Chairman of Sylhet Tea Company Ltd and several other tea estates in Sylhet and Chittagong. He is also the Managing Director of Kohinoor Industries Ltd. and TLRA Holdings Ltdand has served as Chairman of South-East Bank Limited. Mr Ragib Ali has an endless contribution in social development. His endeavour in this field is diverse and manifold, in promoting education, healthcare, sports, culture, literary works, journalism, communication etc. He has contributed towards the development of many schools, colleges, universities and madrashas. One of these is Jalalabad Ragib-Rabeya Medical College and Hospital, which has become an excellent centre for medical education and healthcare in the country. A great philanthropist and a definitive patron of the poor, throughout his life Mr Ali has devoted himself for their well being. His philanthropy extends to every aspect of their lives. In his name there are more than 220 philanthropic projects, which are directly contributing in changing life of millions. Mr Ali prefers a simple living and maintains absolute simplicity. Happily married to Begum Rebeya Khatun Chowdhury who has been an inspiring force for her husband also inhibits a big philanthropic personality. The couple are blessed with a son and daughter.

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MS. ROKIA AFZAL RAHMAN
Ms. Rokia Afzal Rahman started her career in a commercial bank in 1962 when very few women had entered banks universally. She became the first woman bank manager of the country in 1964. She later became a sponsor Director in Midas Financing Limited, Director in Reliance Insurance Ltd. Mrs. Rahman served as a Director in the Central Bank of Bangladesh as a member of the board for three years.
In I980 Ms. Rahman ventured into her own agro based industry. RR Cold Storage Limited dealing with potatoes imports exports and storage of seed and table potatoes. She expanded her business manifold. Subsequently she bought another agro industry. As Chair and CEO of two agro industries Ms Rahman works with 15000 small farmers who need support during harvesting season. She facilitates loans to farmers by standing as guarantor to a commercial bank taking loans for them and retailing the loan to them. Her business has given her widespread appreciation. She has received several awards from Banks and chambers.
Mrs. Rahman has diversified her business And is now in media, insurance, real estate and power sector.
Media
Rokia is the chairperson of Mediaworld Limited the owning company of The Daily Star, director shareholder in Mediastar, And shareholder director in ABC Radio.
Real Estate
Mrs. Rahman has developed and sold many industrial plots and some housing plots in the real estate business.
Development
Mrs. Rahman was invited to the board of Midas and later Midas Financing Ltd, organisations which support enterprise and industrial development. Through Midas Mrs. Rahman has initiated several innovative programs for the growth of entrepreneurship development in Bangladesh.
•   Women entrepreneurs can borrow upto taka one million as collateral free loan.
•   Marketing outlets in the name. And style of Mini Marts were developed and opened.
•   Working capital loans were introduced during festival season as Festival Loan to facilitate women doing business in apparel and food.
•   Women 2 women support program, designed to develop potential women entrepreneurs. In this program a new entrepreneur is matched with an existing women entrepreneur for one year. During this period the new entrepreneur receives all kinds of support in designing, quality control and marketing. After one years support program she is facilitated to borrow on her own.
Mini mart
Women doing business had to share a percentage of their profits with middlemen, to eliminate the role of the middleman Mini Marts were developed first in 1992. Today the Mini Marts are a huge success and bring big profits for its Sponsors. Marketing outlets owned and managed by a group of business women to sell diversified items was set up and named Mini Mart. The success of the Mini Mart produced replication of the same in other places. Good Governance through Committees and the overall responsibility of Mini Mart is shared by two capable Co Chairpersons. For the first five years, Mrs. Rokia Rahman is the Chairperson in all the Mini Marts. The Mini Marts were not only designed by Mrs. Rahman, she also personally mentored and guided it through the years.
Development of Womens Associations
WEA:
In 1994 the first Women Entrepreneurs Association in Bangladesh was formed with 150 members and Rokia Afzal Rahman as founder President WEA. In 1996 Mrs. Rahman formed Women In Small Enterprises to further upgrade and promote women into small enterprises and industries.

WISE:
WEA and WISE worked in all areas of Bangladesh to bring about a change in the lives of women and bring empowerment through entrepreneurship development. WISE has carried out surveys finding constraints that women entrepreneurs face and also potential areas of investment. Wise in collaboration with the ministry of Planning, Government of Bangladesh held several workshops.
BFWE:
In august 2006 Bangladesh Federation of Women Entrepreneurs' BFWE was launched. The member associations of the federation are based in different secondary cities. The federation works with 5 million women, most of the women are in secondary towns and rural areas of Bangladesh. They receive training on a regular basis, supported by donors' like SEDF. The products are sold through Mini Marts. Mrs. Rokia Afzal Rahman is the founder president of BFWE.
Mrs. Rahmans commitment to development brings her on the boards of the following NGO's:
•   BRAC
•   Manusher Jonno Foundation
•   Bangladesh Freedom Foundation
•   NGO foundation
•   MIDAS
Mrs. Rahman is the Chairperson of Presidency University foundation and Chair, Bangladesh Board of Advisers, Asian University for Women.
Mrs. Rokia Afzal Rahman is a former Adviser (minister) to the Government of Bangladesh in charge of the ministry of Women and Children, Ministry of Labour and Employment, Ministry of Social Welfare and Ministry of Culture.

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MR. SAMSON H CHOWDHURY
Mr. Samson H Chowdhury was born on 25 February, 1926. After completing education in India he returned to the then East Pakistan and settled at Ataikula village in Pabna district where his father was working as a Medical Officer in an outdoor dispensary. In 1952, he started a small pharmacy in Ataikula village which is about 160 km off capital Dhaka in the north-west part of Bangladesh. Mr. Samson H Chowdhury then ventured into a partnership pharmaceutical company with three of his friends in 1958. When asked why the name SQUARE was chosen he remembers - “We named it SQUARE because it was started by four friends and also because it signifies accuracy and perfection meaning quality” as they committed in manufacturing quality products.
Now that small company of 1958 is a publicly listed diversified group of companies employing more than 28,000 people. The current yearly group turnover is 616 million USD.
SQUARE today is a name not only known in the Pharmaceutical world, it is today a synonym of quality- be it toiletries, health products, textiles, Agro Vet products, information technology and few more. All these were possible due to his innovative ideas, tireless efforts, perseverance and dedication with self confidence which contributed to his successful achievements. Now the name “SQUARE” inspires trust. Under his dynamic leadership, SQUARE is set to continue its progress globally.
Mr. Samson H. Chowdhury, a recognized and leading entrepreneur of the country, is the Chairman of MTB. He has been an icon of the pharmaceutical industries in Bangladesh for decades. He is also the Chairman of the renowned conglomerate, Square Group, which comprises of Square Pharmaceuticals Limited, Square Textiles Limited, Square Hospital Ltd., Square Toiletries Ltd., Square Consumer Products Ltd., to name a few. Mr Chowdhury holds key positions in various reputable organizations.

He is the Chairman of Central Depository Bangladesh Ltd., Founder Trustee & Former Chairman, Transparency International Bangladesh Chapter, Vice-President of the International Chamber of Commerce, Bangladesh, and Member of the Executive Committee of France-Bangladesh Chamber of Commerce and Industry, Member, Executive Committee, Bangladesh-Thailand Chamber of Commerce & Industry and Director of Midas Financing Ltd.

He is the founder and immediate past President of Bangladesh Association of Publicly Listed Companies. Mr. Chowdhury is the former President of the Metropolitan Chamber of Commerce and Industry, Dhaka; as well as a former Director of the Federation of Bangladesh Chambers of Commerce and Industry. Throughout his illustrious career, he has won several accolades including "Business Executive of the Year" by the American Chamber of Commerce in Bangladesh in 1998 and the "Business Person of the Year 2000" by the Daily Star and DHL Worldwide Express. He has been recognized Commercially Important Person (CIP) by the National Board of Revenue (NBR) and awarded for being one of the Highest Tax-Payers in the year when it was first introduced and also in 2007-08 & 2008-2009. This prolific business magnate is a Senior Cambridge and has participated in numerous executive training courses around the world, including a Management Training Course, jointly conducted by the University of Dhaka and Harvard University.

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MR. A. S. F. RAHMAN
Mr. A.S.F. Rahman comes from a pioneering business family that has played a significant part in the economic development of Bangladesh. He is the Chairman of Beximco Group that comprises of 32 companies, out of which 11 are listed on the Dhaka Stock Exchange. The group has diversified interests in the fields like manufacturing Textiles, Pharmaceuticals, IT and Media, Jute, Real Estate, Construction, Ceramics and Retail among others, and is the largest business conglomerate in Bangladesh. Beximco Group's current annual turnover is over US$ 300 million and some of the most prestigious international brands are its customers.
With the changing demands of globalization, in order to achieve economies of scale and competitiveness in the emerging environment, Mr. Rahman has been able to establish fully integrated vertical manufacturing operations in a remarkably short period. Beximco today is not only the largest private taxpayer, but also the biggest private consumer of natural gas in Bangladesh. It is also significant employer, with over 30,000 people on its direct payrolls. Mr. Rahman's farsighted vision and stewardship has transformed Beximco Group into a modern and dynamic group of companies with a fully dedicated workforce.
Mr. Rahman has chaired many eminent positions viz. Chairman of IFIC Bank Limited, Director of Industrial Promotion and Development Company, Arab Bangladesh Bank Limited, Pubali Bank Limited and Investment Corporation of Bangladesh. He has consistently patronized social, educational and sports activities and is presently Member, Board of Governors of North South University Foundation, which is the first private sector university in Bangladesh. He has about 40 years of business experience.
Mr. Rahman graduated in Physics from Dhaka University in 1966. He is married, presently 62 years old, and has a son and a daughter.
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