Latifur Rahman (businessman)

Latifur Rahman
Native name লতিফুর রহমান
Nationality Bangladeshi
Occupation Industrialist, chairman of Transcom Group
Spouse(s) Shahnaz Rahman

Latifur Rahman is a Bangladeshi comprador and businessperson. He serves as the Chairman of Transcom Group[1] which is the local agent or comprador of numerous international brands like Pizza Hut, KFC, Pepsi and Philips.[2]

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.[3] Rahman established Transcom Group in 1973[4] after W Rahman Jute Mills, the major earning source for the Rahman family, was nationalised in 1972.[5] 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.[6]

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.[7]

Rahman serves as the Chairman of the following companies.[1]

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

Awards

Personal life

Rahman is married to Shahnaz Rahman. Together they have two daughters Simeen Hossain, managing director of Eskayef Bangladesh Limited, Transcom Consumer Products Limited as well as Transcom Distribution Limited; and Shahzreh Huq, and a son, Arshed Waliur Rahman.[10] Another daughter, Shazneen Rahman, was killed at their home in Gulshan, Dhaka in 1998.[11][12] Simeen's youngest son, Faraaz Ayaaz Hossain, was killed in the 2016 Gulshan attack.[12][13]

References

  1. 1 2 3 "Latifur Rahman". Bloomberg. Retrieved 13 July 2016.
  2. http://www.bgdportal.com/Business-Commerce/Group-of-Company/index4.html
  3. Hossain, Ahmede (May 25, 2012). "DOING BUSINESS ETHICALLY". The Daily Star. Retrieved July 13, 2016.
  4. 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.
  5. "Transcom chief dreams big: Latifur Rahman shares his vision in EBL lecture on leadership". The Daily Star. Retrieved 10 February 2017.
  6. "Transcom chief dreams big". The Daily Star. June 12, 2014. Retrieved July 13, 2016.
  7. "New role for Latifur". June 30, 2014. Retrieved July 13, 2016.
  8. "2012 Honourees". Business for Peace Foundation. Retrieved July 13, 2016.
  9. "Latifur wins Business for Peace Award". The Daily Star. April 18, 2012. Retrieved July 13, 2016.
  10. "Latifur's banking docs sent to intel agency". Bangladesh News. January 11, 2008. Retrieved July 13, 2016.
  11. "Shazneen's 16th anniversary of death today". The Daily Star. April 23, 2014. Retrieved July 13, 2016.
  12. 1 2 Anam, Shaheen (July 5, 2016). "A nightmare recurs". The Daily Star. Retrieved July 13, 2016.
  13. "Latifur Rahman's grandson killed". The Daily Star. July 3, 2016. Retrieved July 13, 2016.
  • "DU finance dept alumni honour Latifur Rahman".
  • "Star, P Alo felicitate Latifur Rahman".
  • "Latifur Rahman re-elected MCCI chief".
  • "EBL salutes Latifur Rahman".
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