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Saturday, 25 May 2013

Businessmen Latifur Rahman, Mahbubur Rahman honoured

‘Bangladesh’s future to be determined by today’s youths’

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Reported by: UNB Connect
Reported on: July 01, 2012 18:10 PM
Reported in: Business
News - Businessmen Latifur Rahman, Mahbubur Rahman honoured
Dhaka, July 1 (UNB) - Dhaka University’s Department of Finance and Finance Alumni Association (FAA) on Sunday honoured Transcom Group Chairman Latifur Rahman and ICC Bangladesh President Mahbubur Rahman in recognition of their outstanding contributions to the field of business.

DU Vice Chancellor Prof AAMS Arefin Siddique presented crests to the two business icons during the 39th founding anniversary celebration programme of the Finance Department and FAA at the Teacher Student Centre (TSC).

Mahbubur Rahman thanked FAA for inviting him to the function and also for honouring him and Latifur Rahman.

Speaking on the occasion, Mahbubur Rahman said the economy has been growing around 6 percent over the last few years despite various obstacles.

“No other LDC (least developed country), nor many developing countries, can boast of such a consistent performance. The credit for this goes to the people of Bangladesh,” he said.

He also said there are very few nations that are able to operate under such trying, adverse circumstances. “We have shown we’re dynamic and can overcome the challenges as they appear.”

Rahman went on: “Had we had a better conducive environment, the progress would have been much greater. All we need are electricity, efficient infrastructure, and loan at reasonable rates in an enabling policy environment.”

“We frequently say the future of Bangladesh will be determined by the youth of today. Yes, the graduates of the Finance Department will have a vital role in the financial structure that is now emerging. Whether in the financial institutions, in development organisations, in the government, or SMEs, or in businesses they create, they will be in key positions,” he said.

Latifur Rahman, who won prestigious Oslo Business for Peace Award 2012 for ethical business practices, expressed his gratitude to the Finance Department and FAA, DU for honouring him.

Addressing the event, he said morality and social responsibility should be given priority in business. “Money is essential in our life but it’s not everything.”

Latifur Rahman also said, “We don’t have the kind of citizen’s welfare that is prevalent in Norway and many developed countries. I believe it becomes incumbent on employers to build, develop and nurture industrial and commercial enterprises in a manner that bears this in mind.”

He said companies have to inculcate practices which must understand that if employees lose their jobs due to management inefficiencies or lack of corporate governance, it does not just affect the individual but can devastate the entire family. “In a country where unemployment is high, getting a job is a precious privilege.”

Presided over DU finance department chairperson Prof AA Mahboob Uddin Chowdhury, the programme was addressed, among others, by Dean of Business Studies faculty Prof Jamal Uddin Ahmed, and FFA President Prof MA Baqui Khalily and FFA Vice President Prof M Shahjahan Mina.
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