Mr. Fazlur Rahman, the New Chairman of Jamuna Bank Ltd
Mr. Fazlur Rahman, the New Chairman of Jamuna Bank Ltd
The Board of Directors of Jamuna Bank Limited in its 366th meeting held on April 29, 2020 unanimously elected Mr. Fazlur Rahman as the Chairman of the Board. He is a renowned, well-known entrepreneur and a commercially successful person in Bangladesh. Mr. Rahman is the founder Chairman and Managing Director of the country’s leading conglomerate “City Group”, which he founded in 1972. Meager capital, limited manpower, small entrepreneurship but sky-high outlook-the outlook, which he nurtured piece by piece into today’s big tree, the industrial group: City Group, which employs over 15,000 people.
During Mr. Rahman’s five decades at the helm of City Group, the company continued its expansion beyond traditional domestic food industry to new sectors, including packaging, energy, steel, ship-building business and industrial projects (City Economic Zone). Mr. Rahman’s strong business acumen and diligence led creation of country’s biggest FMCG brand “TEER” which not only received domestic awards but also international recognition. He along with his brand TEER were recognized as one of the world’s greatest leaders and brands in the year 2017-2018 by United Research Service and PricewaterhouseCoopers (PwC) P.L.
He has also established country’s most modern tertiary care hospital - “Asgar Ali Hospital” - in old part of the Dhaka to facilitate medical care in that part of the city.
Over the years, Mr. Rahman crossed the limits of individuality and transformed himself into an institution. Due to his significant entrepreneurship, he has received several prestigious awards and recognitions. Mr. Rahman was honoured with the award of the "Business Person of the year 2005" organized by DHL-Daily Star. Mr. Rahman has been awarded as the "Best Taxpayer" of the fiscal year 2018-19. He is also a Commercially Important Person (CIP) as recognized by the Ministry of Commerce, Government of the Peoples Republic of Bangladesh.
Mr. Rahman was also the Chairman of Bangladesh Sugar Refiners Association and Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association. He is a member of the Advisory Committee of Ministry of Commerce, Government of Bangladesh. Recently on April 30, 2020, Mr. Rahman took the charge of Chairman of the Board of Directors of Jamuna Bank Limited. He also served as Chairman of the Board of Directors of Jamuna Bank Limited from May 08, 2006 to April 28, 2007.
Besides his corporate identity, Mr. Fazlur Rahman is also a philanthropist. He is the life member of Trustee Board of Anjuman Mofidul Islam and member of the Managing Committee of Gandaria High School, Dhaka.
Publish Date:
09-05-2020