Mr Akhtaruzzaman Chowdhury Babu was not only a politician but also a successful businessman. His establishments are United Commercial Bank Limited (UCBL) and Aramit Group. He was also a great and one of the leading entrepreneurs of the port city. Today we’re gonna know more about his businesses.
United Commercial Bank Limited
UCBL started its journey in mid 1983 and it’s considered one of the largest first generation banks in Bangladesh. It’s the second private bank of the country. UCBL has a vast network of 204 branches.
United Commercial Bank has expanded it’s arena to many different ways of banking like Retail Banking, SME banking, Off-shore banking, corporate banking and Remittance. UCBL allows export and import loans to deserving candidates and that helps the country’s economy.
Akhtaruzzaman Chowdhury Babu had been elected the chairman of UCBL.
Aramit group was established back in 1953. This company has been known for producing quality building materials ever since. It’s one of the largest national industrial groups in Bangladesh.
More services of Aramit Enterprise are Aramit Limited, Aramit Thai Aluminium, Aramit Cement, Aramit SS pipe and also Aramit Footwear. The Aramit Group also their own power plant named Aramit Power Limited (APL), to ensure uninterrupted power supply to all its factories.
More Business Achievements of Mr Babu
Mr Akhtaruzzaman Chowdhury Babu was the Chairman of Janata Insurance Company. He was the former president of the Chittagong Chamber of Commerce and industry. Mr Babu was also the president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in 1988 and also the chairman of Chambers of Commerce and Industry of OIC member countries. Mr Babu was also selected as the vice chairman of the international organisation called 77 Jati Group. It’s a prestigious international business organisation.
A factory called Boyle Industry was one of Mr Babu’s first ventures. It was established before the independence of our country.
Mr Akhtaruzzaman Chowdhury Babu also set up many other businesses. Some are- Afroza Oil Mill, Asif Steel Mill, Asif Synthetic and Javed Steel Mill.
Mr Babu established Zaman Industrial Group within 20 years of Independence of Bangladesh.
Even though Mr Babu came from a rich family and also gained much success as a businessman and politician, he never looked down on anyone. He was always down to earth and kind. He would help people around him. He used his parliamentary rights to develop many places of this country, especially Chittagong.
Akhtaruzzaman Chowdhury Babu is an ideal political figure and also an ideal businessman. He brought success to all his establishments. UCBL is one of the most successful banks in the country.
But even though Mr Babu was successful as a businessman, he felt content in being a politician. He loved helping the common people. He loved doing great things for his country and its people. He felt accomplished and content in politics. And that’s why many people still remember and admire Mr Akhtaruzzaman Chowdhury Babu to this day. Even if he’s not with us today, he’ll always be alive in our hearts.