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Latifur Rahman (businessman)

Latifur Rahman (28 August 1945 – 1 July 2020)[1] was a Bangladeshi business magnate and media mogul. He served as the founding chairman and CEO of Transcom Group[2] which deals with beverages, electrical and electronics products, pharmaceuticals, fast food, snacks and breakfast cereals, print media, FM radio and tea plantations mostly as the comprador of international brands like Pizza Hut, KFC, Pepsi and Philips.[3] He was the founding director of Mediaworld and Chairman of Mediastar, which owned The Daily Star and Prothom Alo newspapers respectively.[4] Both are the nation's leading English and Bangla newspapers.[4]

Latifur Rahman
লতিফুর রহমান
Rahman in 2017
Born(1945-08-28)28 August 1945
Died1 July 2020(2020-07-01) (aged 74)
Cumilla, Bangladesh
NationalityBangladeshi
Occupation(s)Industrialist, chairman of Transcom Group
SpouseShahnaz Rahman
AwardsOslo Business for Peace Award (2012)

Rahman received the Oslo Business for Peace Award 2012 in 2012 for his recognition of business ethics and social responsibility.[5]

Career

Rahman started his career as a trainee in 1966 in his family-owned jute mills in Chandpur District. He worked as an executive in the mills until 1971.[6] Rahman established Transcom Group in 1973[7] after W Rahman Jute Mills, the main earning source for the Rahman family, was nationalised in 1972.[8] In the 1980s, Rahman became the sole importer and distributor of Nestlé products in Bangladesh. In the 1990s, he bought Smith, Kline & French, a US-based pharmaceutical which had merged into Beecham Group, a British company, and renamed it Eskayef.[9]

Rahman was elected a member of the executive board of the Paris-based International Chamber of Commerce for a three-year term in July 2014.[10] He served as the president of Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka.[11]

Rahman served as the Chairman of the following companies.[2]

  • Bangladesh Lamps Ltd
  • Transcom Ltd
  • Transcom Beverages Ltd
  • Transcom Electronics Ltd
  • Eskayef Bangladesh Ltd
  • Transcom Foods Ltd
  • Transcom Distribution Co Ltd
  • Mediastar Ltd
  • Transcraft Ltd
  • Ayna Broadcasting Corp Ltd
  • Tea Holdings Ltd
  • Transcom Mobile Ltd
  • Transcom Cables Ltd
  • Nestle Bangladesh Ltd
  • Mediaworld Ltd
  • Holcim Cement Bangladesh Ltd

Awards

Personal life

Rahman was married to Shahnaz Rahman. Together they had three daughters, Simeen Hossain, Shazneen Rahman, and Shahzreh Huq, and a son, Arshad Waliur Rahman.[16] Simeen is a managing director of Eskayef Bangladesh Limited, Transcom Consumer Products Limited and Transcom Distribution Limited. Shazneen was killed at home in Gulshan, Dhaka in 1998 by their household domestic helpers.[17][18] Simeen's younger son, Faraaz Ayaaz Hossain, was killed in the 2016 Gulshan attack.[18][19]

Rahman died on 1 July 2020 at his residence at Chheora village in Chauddagram Upazila, Cumilla aged 75.[4] He was buried at Banani Graveyard in Dhaka.[4]

References

  1. ^ "Transcom Chairman Latifur Rahman passes away". Dhaka Tribune. 2020-07-01. Retrieved 2020-06-29.
  2. ^ a b c "Latifur Rahman". Bloomberg. Retrieved 13 July 2016.
  3. ^ "Group of Company Page 4 : Business & Commerce :: bgdportal.com". www.bgdportal.com. Retrieved 2020-02-10.
  4. ^ a b c d "Latifur Rahman no more". The Daily Star. 2020-07-01. Retrieved 2020-07-01.
  5. ^ "2012 Honourees". Business for Peace Foundation. Retrieved 2019-08-05.
  6. ^ Hossain, Ahmede (May 25, 2012). "DOING BUSINESS ETHICALLY". The Daily Star. Retrieved July 13, 2016.
  7. ^ Latifur Rahman (19 May 2012). "Latifur Rahman, Chairman & CEO of Transcom Group in Bangladesh - 2012 Business for Peace Award Recipient". vimeo.com. 2lead. Retrieved 10 February 2017.
  8. ^ "Transcom chief dreams big: Latifur Rahman shares his vision in EBL lecture on leadership". The Daily Star. Retrieved 10 February 2017.
  9. ^ "Transcom chief dreams big". The Daily Star. June 12, 2014. Retrieved July 13, 2016.
  10. ^ "New role for Latifur". June 30, 2014. Retrieved July 13, 2016.
  11. ^ "Latifur Rahman re-elected MCCI chief". The Daily Star. 2007-12-31. Retrieved 2020-07-02.
  12. ^ "2012 Honourees". Business for Peace Foundation. Retrieved July 13, 2016.
  13. ^ "Latifur wins Business for Peace Award". The Daily Star. April 18, 2012. Retrieved July 13, 2016.
  14. ^ "Star, P Alo felicitate Latifur Rahman". The Daily Star. 2012-05-31. Retrieved 2020-07-02.
  15. ^ "DU finance dept alumni honour Latifur Rahman". The Daily Star. 2012-06-30. Retrieved 2020-07-02.
  16. ^ "Latifur's banking docs sent to intel agency". Bangladesh News. January 11, 2008. Retrieved July 13, 2016.
  17. ^ "Shazneen's 16th anniversary of death today". The Daily Star. April 23, 2014. Retrieved July 13, 2016.
  18. ^ a b Anam, Shaheen (July 5, 2016). "A nightmare recurs". The Daily Star. Retrieved July 13, 2016.
  19. ^ "Latifur Rahman's grandson killed". The Daily Star. 2016-07-03. Retrieved 2016-07-13.

latifur, rahman, businessman, other, people, with, same, name, latifur, rahman, disambiguation, latifur, rahman, august, 1945, july, 2020, bangladeshi, business, magnate, media, mogul, served, founding, chairman, transcom, group, which, deals, with, beverages,. For other people with the same name see Latifur Rahman disambiguation Latifur Rahman 28 August 1945 1 July 2020 1 was a Bangladeshi business magnate and media mogul He served as the founding chairman and CEO of Transcom Group 2 which deals with beverages electrical and electronics products pharmaceuticals fast food snacks and breakfast cereals print media FM radio and tea plantations mostly as the comprador of international brands like Pizza Hut KFC Pepsi and Philips 3 He was the founding director of Mediaworld and Chairman of Mediastar which owned The Daily Star and Prothom Alo newspapers respectively 4 Both are the nation s leading English and Bangla newspapers 4 Latifur Rahmanলত ফ র রহম নRahman in 2017Born 1945 08 28 28 August 1945Jalpaiguri Bengal Presidency British IndiaDied1 July 2020 2020 07 01 aged 74 Cumilla BangladeshNationalityBangladeshiOccupation s Industrialist chairman of Transcom GroupSpouseShahnaz RahmanAwardsOslo Business for Peace Award 2012 Rahman received the Oslo Business for Peace Award 2012 in 2012 for his recognition of business ethics and social responsibility 5 Contents 1 Career 2 Awards 3 Personal life 4 ReferencesCareer EditRahman started his career as a trainee in 1966 in his family owned jute mills in Chandpur District He worked as an executive in the mills until 1971 6 Rahman established Transcom Group in 1973 7 after W Rahman Jute Mills the main earning source for the Rahman family was nationalised in 1972 8 In the 1980s Rahman became the sole importer and distributor of Nestle products in Bangladesh In the 1990s he bought Smith Kline amp French a US based pharmaceutical which had merged into Beecham Group a British company and renamed it Eskayef 9 Rahman was elected a member of the executive board of the Paris based International Chamber of Commerce for a three year term in July 2014 10 He served as the president of Metropolitan Chamber of Commerce and Industry MCCI Dhaka 11 Rahman served as the Chairman of the following companies 2 Bangladesh Lamps Ltd Transcom Ltd Transcom Beverages Ltd Transcom Electronics Ltd Eskayef Bangladesh Ltd Transcom Foods Ltd Transcom Distribution Co Ltd Mediastar Ltd Transcraft Ltd Ayna Broadcasting Corp Ltd Tea Holdings Ltd Transcom Mobile Ltd Transcom Cables Ltd Nestle Bangladesh Ltd Mediaworld Ltd Holcim Cement Bangladesh LtdAwards EditOslo Business for Peace Award by Business for Peace Foundation 2012 12 13 14 Business Executive of the Year by American Chamber of Commerce Bangladesh 2001 2 A crest by the Vice Chancellor of the University of Dhaka 2012 15 Personal life EditRahman was married to Shahnaz Rahman Together they had three daughters Simeen Hossain Shazneen Rahman and Shahzreh Huq and a son Arshad Waliur Rahman 16 Simeen is a managing director of Eskayef Bangladesh Limited Transcom Consumer Products Limited and Transcom Distribution Limited Shazneen was killed at home in Gulshan Dhaka in 1998 by their household domestic helpers 17 18 Simeen s younger son Faraaz Ayaaz Hossain was killed in the 2016 Gulshan attack 18 19 Rahman died on 1 July 2020 at his residence at Chheora village in Chauddagram Upazila Cumilla aged 75 4 He was buried at Banani Graveyard in Dhaka 4 References Edit Transcom Chairman Latifur Rahman passes away Dhaka Tribune 2020 07 01 Retrieved 2020 06 29 a b c Latifur Rahman Bloomberg Retrieved 13 July 2016 Group of Company Page 4 Business amp Commerce bgdportal com www bgdportal com Retrieved 2020 02 10 a b c d Latifur Rahman no more The Daily Star 2020 07 01 Retrieved 2020 07 01 2012 Honourees Business for Peace Foundation Retrieved 2019 08 05 Hossain Ahmede May 25 2012 DOING BUSINESS ETHICALLY The Daily Star Retrieved July 13 2016 Latifur Rahman 19 May 2012 Latifur Rahman Chairman amp CEO of Transcom Group in Bangladesh 2012 Business for Peace Award Recipient vimeo com 2lead Retrieved 10 February 2017 Transcom chief dreams big Latifur Rahman shares his vision in EBL lecture on leadership The Daily Star Retrieved 10 February 2017 Transcom chief dreams big The Daily Star June 12 2014 Retrieved July 13 2016 New role for Latifur June 30 2014 Retrieved July 13 2016 Latifur Rahman re elected MCCI chief The Daily Star 2007 12 31 Retrieved 2020 07 02 2012 Honourees Business for Peace Foundation Retrieved July 13 2016 Latifur wins Business for Peace Award The Daily Star April 18 2012 Retrieved July 13 2016 Star P Alo felicitate Latifur Rahman The Daily Star 2012 05 31 Retrieved 2020 07 02 DU finance dept alumni honour Latifur Rahman The Daily Star 2012 06 30 Retrieved 2020 07 02 Latifur s banking docs sent to intel agency Bangladesh News January 11 2008 Retrieved July 13 2016 Shazneen s 16th anniversary of death today The Daily Star April 23 2014 Retrieved July 13 2016 a b Anam Shaheen July 5 2016 A nightmare recurs The Daily Star Retrieved July 13 2016 Latifur Rahman s grandson killed The Daily Star 2016 07 03 Retrieved 2016 07 13 Retrieved from https en wikipedia org w index php title Latifur Rahman businessman amp 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