Staff Correspondent ;
Dhaka – Latifur Rahman, one of the leading Bangladeshi businessman, has been died at the age of 75, a spokesman said on his company’s behalf.
Rahman, head of Trasncom group, breathed his last at his ancestral home in Comilla on Wednesday morning, said Kamrul Islam, a reporter at Transcom-owned Prothom Alo newspaper.
He had been suffering from lung related illness and was undergoing treatment at his ancestral home.
Transcom is one of the largest business conglomerate in Bangladesh dealing with production of beverages, pharmaceuticals, fast food, snacks and breakfast cereals, print media, FM radio and tea plantations and electrical and electronics products.
Rahman was a member of the executive board of ICC-Paris, vice president of ICC-Bangladesh and member of BRAC’S governing body. He was a member of the Bangladesh Better Business Forum and Advisory Committee on World Trade Organization.
In his business career, Rahman led the Metropolitan Chamber of Commerce and Industry, Dhaka for seven terms and of Bangladesh Employers’ Federation.
He was also chairman of the Bangladesh government’s Trade Body Reforms Committee and a member of Bangladesh Bank’s executive board.
Rahman was an honouree of “Oslo Business for Peace Award 2012” and was awarded Business Executive of the Year 2001 by the American Chamber of Commerce in Bangladesh among many others.
Born in the then undivided Indian sub-continent’s Jalpaiguri district of what is now in Indian State of West Bengal, Rahman made his debut as a business executive in 1966 at a jute mill owned by his family in Chandpur.
He emerged as a pioneering entrepreneur in post independent Bangladesh establishing his Transcom Group in 1973.
Mmarried to Shahnaz Rahman, the family has three daughters Simeen Hossain, Shahzreh Huq, (late) Shazneen Rahman and a son, Arshad Waliur Rahman, according to Bangladesh Sangbad Sangstha news agency.