Latifur Rahman

Latifur Rahman (28 August 1945 – 1 July 2020) was a Bangladeshi business magnate and media mogul. He served as the founding chairman and CEO of Transcom Group 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. He was the founding director of Mediaworld and Chairman of Mediastar, which owned The Daily Star and Prothom Alo newspapers respectively. Both are the nation's leading English and Bangla newspapers. Latifur Rahman received the Oslo Business for Peace Award 2012 in 2012 for his recognition of business ethics and social responsibility. Career Latifur 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. Latifur Rahman established Transcom Group in 1973 after W Rahman Jute Mills, the main earning source for his family, was nationalised in 1972. In the 1980s, Latifur 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. Latifur 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. He served as the president of Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka.