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Sir Fazle Hasan Abed


Founder BRAC Bank Limited.

Successful Entrepreneur in
Bangladesh.

Sir Fazlay Hasan Abed Was Born in1936 Baniachong British


India now in Habiganj, His Father Name Siddiq Hasan & his
Mother Name Syeda Sufya Khatun.

Early life
He achieved his Masters Degree in English literature from the
University of Rajshahi. He started his professional life with
teaching at Khandaker Mosharrof Hossain Degree College in the
early seventies. Later he joined at the Royal Embassy of
Kingdom of Saudi Arabia in Dhaka, Bangladesh as the Secretary
and performed duties for about 13 years. He is now the
Managing

Director

of

Ibn

Sina

Pharmaceuticals

Ltd.,

prominent Pharmaceutical Company in Bangladesh.

Education
He left home to attend University of Glasgow, where, and in an
effort to break away from tradition and do something radically
different - he studied Naval Architecture. But there was little
work in ship building in Pakistan and a career in Naval
Architecture would make returning home difficult. With that in
mind, Abed joined the Chartered Institute of Management
Accountants in London, completing his professional education
in
1962.
Work
Abed returned to East Pakistan (now Bangladesh) to join Shell
Oil Company and quickly rose to head its finance division. His
time at Shell exposed Abed to the inner workings of a large
conglomerate and provided him with insight into corporate

management, which would become invaluable to him later in


life.
It was during his time at Shell that the devastating cyclone of
1970 hit the eastern coastal regions of the country, killing
300,000 people. The cyclone had a profound effect on Abed - in
the face of such devastation, the comforts and perks of a
corporate executive's life ceased to have any attraction for him.
Together with friends, Abed created HELP, an organization that
provided relief and rehabilitation to the worst affected in the
island of Manpura, which had lost three quarters of its
population
in
the
disaster.
Soon after, Bangladeshs own struggle for independence
from Pakistan began and circumstances forced Abed to leave
the country. He found refuge in England, where he set up Action
Bangladesh to lobby for his countrys independence with
the
governments
of
Europe.
Formation
of
BRAC
When the war ended in December 1971, Abed sold his flat in
London and returned to the newly independent Bangladesh to
find his country in ruins. In addition, the 10 million refugees
who had sought shelter in India during the war had started to
return home. Their relief and rehabilitation called for urgent
efforts. Abed decided to use the funds he had generated from
selling his flat to initiate his own. He selected the remote region
of Sulla in northeastern Bangladesh to start his work. This work
led him and the organization he founded, BRAC, to deal with
the long-term task of improving the living conditions of the
rural
poor.
In a span of only three decades, BRAC grew to become the
largest development organization in the world in terms of the
scale and diversity of its interventions. As BRAC grew, Abed
ensured that it continued to target the landless poor,
particularly women, a large percentage of who live below the
poverty line with little or no access to resources or conventional
development
efforts.
BRAC now operates in more than 69 thousand villages of
Bangladesh and covers an estimated 110 million people

through its development interventions that range from primary


education, essential healthcare, agricultural support and
human rights and legal services to microfinance and enterprise
development. It is now considered the largest non-profit in the
world
both
by
employees
and
people
served.
In 2002, BRAC went international by taking its range of
development interventions to Afghanistan. Since then, BRAC
has expanded to a total of eight countries across Asia and
Africa, successfully adapting its unique integrated development
model across varying geographic and socioeconomic contexts.

Work
He is the Chairman of Islamic Banks Consultative Forum (IBCF),
Industrialists and Businessmen Welfare Foundation (IBWF). He
is the Vice Chairman of Bangladesh Association of Banks (BAB).
He is the Advisor of Bangladesh Association of Pharmaceutical
Industries. He is also a Board Member of General Council for
Islamic Banks & Financial Institutions (CIBAFI). He is an
honoured personality for his pioneer steps in establishment of
Islamic banking systems as well as Islamic Economics.
Professor Abduz Zaher was the Director of IBBL in different
times and was the Chairman of the Executive Committee. He is
a Founding Member of Fouad Al Khateeb Foundation, Badhsa
Faisal Institute, Ibn Sina Trust Dhaka, Manarat International
School & College, Ibn Tymia College, Islamic Education Society,
Bangladesh Islamic Centre and Syndicate member of the
Manarat International University of Bangladesh.

Social work

Professor Zaher is playing vital role in social welfare related


works. He is related with founding and development of
hundreds of educational institutions. He patronized to establish
many renowned private hospitals and helped thousands of
people for treatment. He helped many poor people to avail
housing facility, many poor students in their education and
marriage of many poor brides.

Formation of BRAC
When the war ended in December 1971, Abed sold his flat in London and
returned to the newly independent Bangladesh to find his country in ruins. In
addition, 10 million refugees who had sought shelter in India during the war had
started to return home. Their relief and rehabilitation called for urgent efforts,
and Abed decided to use the funds he had generated from selling his flat to
initiate his own such organisation to deal with the long-term task of improving
the living conditions of the rural poor. He selected the remote region of Sulla in
northeastern Bangladesh to start his work, and this work led to the nongovernmental organisation known as BRAC in 1972.[3]
Although the name "BRAC" currently does not represent an acronym, the
organisation was formerly known the Bangladesh Rehabilitation Assistance
Committee and then as the Bangladesh Rural Advancement Committee. In a
span of only three decades, BRAC has grown to become the largest
development organisation in the world in terms of the scale and diversity of its
interventions. As BRAC grew, Abed ensured that it continued to target the
landless poor, particularly women, a large percentage of whom live below the
poverty line with little or no access to resources or conventional development
efforts.

BRAC now operates in more than 69 thousand villages of Bangladesh and


covers an estimated 110 million people through its development interventions
that range from primary education, essential healthcare, agricultural support and
human rights and legal services to microfinance and enterprise development. It
is now considered the largest non-profit in the world both by employees and
people served.
In 2002, BRAC went international by taking its range of development
interventions to Afghanistan. Since then, BRAC has expanded to a total of 10
countries across Asia and Africa, successfully adapting its unique integrated
development model across varying geographic and socioeconomic contexts and
covering an additional 16 million people.
Professional positions

2013 present Chairman, board of directors, BRAC Bank Limited.


2012present Member, UN Secretary General's Lead Group of the
Scaling Up Nutrition (SUN) Movement
20102011 UN Secretary General's Group of Eminent Persons for Least
Developed Countries (LDCs)
2005present Commissioner, UN Commission on Legal Empowerment
of the Poor (CLEP)
200208 Global Chairperson, International Network of Alternative
Financial Institutions (INAFI) International.
200108 Chairman, board of directors, BRAC Bank Limited.
2001present Chairperson, Board of Trustees, BRAC University.
2000present Chairman, Governing Body, BRAC.
20002005 Chair, Finance & Audit Committee, International Rice
Research Institute (IRRI), Los Banos, Philippines.

19992005 Member, Board of Governors, International Rice Research


Institute (IRRI), Los Banos, Philippines.
19982005 Member, Policy Advisory Group, The Consultative Group
to Assist the Poorest (CGAP), The World Bank, Washington, DC.
1994present Member, Board of Trustees, Centre for Policy Dialogue
(CPD), Dhaka
19932011 Chairperson, Ain O Salish Kendra (ASK), a human rights
organisation
19922009 Chairman, NGO Forum for Drinking Water Supply &
Sanitation
19902009 Chairman, 'Campaign for Popular Education' (CAMPE), an
NGO network on education.
198182 Visiting Scholar, Harvard Institute of International
Development, Harvard University, Cambridge, Mass.
198286 Senior Fellow, Bangladesh Institute of Development Studies
(BIDS).
198286 Member, Board of Trustees, BIDS.
198286 chairman, Association of Development Agencies in Bangladesh
(ADAB).
198691 Member, World Bank NGO Committee, Geneva, Switzerland.
198790 chairman, South Asia Partnership.
198790 Member, International Commission on Health Research for
Development, Harvard University, Cambridge, Massachusetts, USA
199293 Member, Independent South Asian Commission on Poverty
Alleviation

19982004 Member, Board of Governors, Institute of Development


Studies (IDS), Sussex University, UK
Awards

The Ramon Magsaysay Award for Community Leadership, 1980


The Alan Shawn Feinstein World Hunger Award, 1990
The Maurice Pate Award by UNICEF, 1992
The Olof Palme Prize, 2001
The Social Entrepreneurship Award by the Schwab Foundation, 2002
The International Activist Award by the Gleitsman Foundation, 2003
The UNDP Mahbub ul Haq Award, 2004
The Henry R. Kravis Prize in Leadership, 2007
The inaugural Clinton Global Citizen Award, 2007
Palli Karma Shahayak Foundation (PKSF) Lifetime Achievement in
Social Development and Poverty Alleviation, 2007
The David Rockefeller Bridging Leadership Award, 2008
Honorary Knight Commander of the Order of St Michael and St George
(KCMG), 2010
The WISE Prize for Education, 2011
Open Society Prize, 2013

Honorary degrees

2012 Doctor of Laws honoris causa, The University of Manchester, UK


2010 Honorary degree of Doctor of Laws, University of BATH, UK
2009 Honorary Doctorate of Letters, University of Oxford, UK
2009 Honorary Doctorate in Humane letters, Rikkyo University, Japan
2008 Honorary Doctorate of Laws, Columbia University
2007 Honorary Doctorate of Humane Letters, Yale University
2003 Honorary Doctorate of Education, University of Manchester

1994 Honorary Doctorate of Laws, Queen's University, Canada.

What are reasons of her Success?


I wondered, what are the key awakenings that successful people go through
that forever change how they do things, which propel them to succeed in
business, relationships, and life? I began to study these awakenings, researching
them over the years.

1.
2.
3.
4.
5.

Choose short-term comfort long-term benefit.


Trust someone or something appears flawless.
Set goals
Return to what hasnt worked.
Do anything that requires them to be someone they are not.

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