Latifur Rahman (businessman) is confirmed dead at the age of 75.
Latifur was best known as a Bangladeshi comprador (Transcom Group).
Latifur Rahman
লতিফুর রহমান
Latifur Rahman.jpg
Rahman in 2017
Died1 July 2020
NationalityBangladeshi
OccupationIndustrialist, chairman of Transcom Group
Spouse(s)Shahnaz Rahman
AwardsBusiness for Peace award (2012)
Latifur Rahman was a Bangladeshi comprador and businessperson. He served as the chairman of Transcom Group which is the local agent or comprador of numerous international brands like Pizza Hut, KFC, Pepsi and Philips.He received the Business for Peace Award in 2012 for his recognition of business ethics and social responsibility.He died on July 1, 2020.
Contents
1 Career
2 Awards
3 Personal life
4 Death
5 References
6 External links
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. Rahman established Transcom Group in 1973 after W Rahman Jute Mills, the major earning source for the Rahman family, was nationalised in 1972. 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.
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.
Rahman serves as the Chairman of the following companies.
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
Oslo Business for Peace Award by Business for Peace Foundation (2012)
Business Executive of the Year by American Chamber of Commerce Bangladesh (2001)
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. Another daughter, Shazneen Rahman, was killed at their home in Gulshan, Dhaka in 1998. Simeen's youngest son, Faraaz Ayaaz Hossain, was killed in the 2016 Gulshan attack.
Death
Rahman died on 1 July 2020 in Comilla, Bangladesh.
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