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Abdul Monem (entrepreneur)

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Bangladeshi industrialist and entrepreneur (1937–2020)

Abdul Monem (5 January 1937 – 31 May 2020) 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. He was the founding chairperson and managing director of Abdul Monem Limited. The group owns Igloo ice cream and is the official bottler of Coca-Cola in Bangladesh.

Early life

Abdul Monem was born on 5 January 1937 in Brahmanbaria District. He studied civil engineering. Abdul 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. His daughter Dr. Farhana Monem, chairperson of GME Group has got Best Women Tax Payer Award by Bangladesh government for five consecutive years.

Career

In 1956, Abdul Monem founded Abdul Monem Limited. He started the company with a capital of 20 thousand taka. Abdul Monem served as the Director of NCC Bank, National Life Insurance Company Limited, and Pragati Insurance Limited. He bought out K Rahman and Company in 1982. 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.

Awards and honors

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

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

Death

Abdul 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.

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. "Dr. Farhana Monem receives Best Women Tax Payer Award for Fifth time". Retrieved 2021-12-22.
  6. ^ "Industrialist Abdul Monem dies at 86". bdnews24.com. Retrieved 7 July 2020.
  7. "Abdul Monem, a revered constructor who rose from humble beginnings". bdnews24.com. Retrieved 7 July 2020.
  8. "twelve presents Rise Above All 2019 held in Dhaka". The Daily Star. 22 November 2019. Retrieved 7 July 2020.
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