Abdul Monem (entrepreneur)

Abdul Monem was a Bangladeshi industrialist and entrepreneur. He was given the title of Commercially Important Person by the Government of Bangladesh for his contribution to business.[1] He was the founding chairperson and Managing Director of Abdul Monem Limited.[2][3] The group owns Igloo ice cream and is the official bottler of Coca-Cola in Bangladesh.[4]

Early life

Monem was born on 5 January 1937 in Brahmanbaria District. He studied civil engineering.[2]

Career

In 1956, Monem founded Abdul Monem Limited.[1] He started the company with a capital of 20 thousand taka.[5]

Monem served as the Director of NCC Bank, National Life Insurance Company Limited, and Progati Insurance Limited. He bought out K Rahman and Company in 1982.[4] He then started working as an official bottler of Coca-Cola Bangladesh. From 1984 to 1995, he served as the chairperson of the Mohammedan Sporting Club.[2]

In 2014, Monem was awarded the Presidential Medal for his contribution to the industrial development of Bangladesh.[6] In 2015, Monem founded 216 acre Abdul Monem Economic Zone, one of the first private economic zones in Bangladesh, in Manikganj District.[1]

Monem was awarded the Lifetime achievement award in the Twelve Presents Rise Above All of 2019.[7]

Personal life

Monem was married. He had two sons and three daughters. His sons, ASM Mainuddin Monem, and ASM Mohiuddin Monem, are the Deputy Managing Directors of Abdul Monem Limited.[1][2]

Death

Monem was admitted to Square Hospital on 17 May 2020. He died on 31 May 2020 at the Combined Military Hospital, Dhaka, where he was transferred to, from a stroke. He was buried in his family graveyard in Brahmanbaria District.[1][5]

References
  1. "Industrialist Abdul Monem passes away". Dhaka Tribune. 31 May 2020. Retrieved 7 July 2020.
  2. "Industrialist Abdul Monem passes away". The Daily Star. 1 June 2020. Retrieved 7 July 2020.
  3. "Industrialist Abdul Monem passes away". New Age. Retrieved 7 July 2020.
  4. "End of a construction moghul's life". The Business Standard. 31 May 2020. Retrieved 7 July 2020.
  5. "Industrialist Abdul Monem dies at 86". bdnews24.com. Retrieved 7 July 2020.
  6. "Abdul Monem, a revered constructor who rose from humble beginnings". bdnews24.com. Retrieved 7 July 2020.
  7. "twelve presents Rise Above All 2019 held in Dhaka". The Daily Star. 22 November 2019. Retrieved 7 July 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.