Transcom Group Chairman Latifur Rahman passed away at his paternal home in Cumilla Wednesday morning at the age of 75.
The eminent businessman, who had been suffering from lung-related ailments for a long time, breathed his last about 11:30am, said Transcom Group director Fakhruzzaman.
Rahman’s family said his namaj-e-janaza will be held at Gulshan Azad Mosque in the capital after Esha prayers on Wednesday night.
He will be laid to rest at Banani graveyard after the funeral prayers, the family said.
Born on August 28, 1945, Rahman is survived by his wife, son and two daughters.
Apart from the Chairman of Transcom Group that he had founded back in 1972, Rahman was the founding director of Mediaworld, the owning company of English language newspaper The Daily Star, and Chairman of Mediastar, the owning company of Bengali daily Prothom Alo.
He was also the chairman of the National Housing Finance and Investments Limited.
UNB adds: Rahman also served as a member of the executive board of ICC-Paris, vice president of ICC-Bangladesh and a member of BRAC governing body. He was also a member of Bangladesh Better Business Forum and Advisory Committee on the World Trade Organization.
The eminent businessman was also the president of 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 honoured with ‘Oslo Business for Peace Award 2012’ and the Business Executive of the Year 2001 by the American Chamber of Commerce in Bangladesh.
He also achieved the “SAARC Outstanding Leader” award and Lifetime Achievement Award of the UK Bangladesh Catalysts of Commerce and Industry.