Founding Chairman of Rangs Group A Rouf Chowdhury passed away in the capital on Saturday. He was 86.
He died around 12:30pm at his Gulshan residence due to prolonged illness.
Chowdhury is survived by his son Romo Rouf Chowdhury and two daughters Romana Rouf Chowdhury and Sohana Rouf Chowdhury.
His namaz-e-janaza will be held at Gulshan Azad Mosque after Asr prayer, reports Daily Star.
The body of Chowdhury will be taken to his ancestral home in Bikrampur, where he will be buried after Isha prayer.
Chowdhury was one of the sponsor directors of Bank Asia Limited. He was also the founding chairman of Sea Resources Group.
He was one of the directors of Mediaworld Limited, the parent company of The Daily Star.
Chowdhury did his graduation in Business Management from the Massachusetts Institute of Technology, USA. He had a wide range of experience in several industries including automobile, telecom, pharmaceuticals and petroleum.
He was the resident manager of two American pharmaceutical companies in Bangladesh.
Being in the senior management position in Jamuna Oil Company, Chowdhury contributed for 15 years to the market development of petroleum products in Bangladesh.
Both Rangs and Sea Resources Groups, which are comprised of 35 companies, were formed under his dynamic leadership. The huge success of the companies of the two groups during a short span of time substantiates his charismatic leadership and progressive mindset.
