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Bangladesh celebrates ‘World Business Angels Investors Week 2022’

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The World Business Angels Investors Week-2022 https://angelsweek.org/ celebrated in Bangladesh today on Thursday (June 23, 2022) with a gorgeous event based on the global theme is Business Transformation for Post -Pandemic Economics. The Week is coordinated globally by the World Business Angels Investment Forum – an affiliated partner of the G20 Global Partnership for Financial Inclusion (GPFI).

Professor Shibli Rubayat Ul Islam, Chairman, Bangladesh Securities and Exchange Commission was the Keynote Speaker and Chief Guest where Dr. Md. Sabur Khan, Chairman, Board of Trustees, Daffodil International University was the distinguished speaker at the ceremony.  Mr. Mohammad Nuruzzaman, Bangladesh Chair of World Business Angels Investors Week-2022 and CEO of Daffodil Family delivered welcome speech on the occasion. Mr. Baybars Altuntas, Executive Chairman World Business Angels Investment Forum greeted the event through a video message.

After the inauguration, a roundtable discussion titled ‘Role of Angel Investors in the Development of Startup Ecosystem’ was held on. Munir Hassan, Chief Coordinator of Digital Transformation and Youth Program, Prothom Alo, Nirjhar Rahman, CEO, Bangladesh Angels, A K M Fahim Mashrrur, Co-Founder and CEO, bdjobs.com, M Asif Rahman, CEO, ArComm, WPdeveloper, Serial Entrepreneur and Angel Investor discussed at the roundtable as the speakers. The roundtable was moderated by Asif Iqbal, Senior Lecturer, Department of Innovation and Entrepreneurship, Daffodil International University and Bangladeshi Coordinator, WBAW.

While presenting keynote paper, Professor Shibli Rubayat Ul Islam said, Angel Investment is very important in different aspects like Angel Investors’ contribution via time, expertise, knowledge & connections to the business; Empirical strong correlation between national GDP & the number of entrepreneurs actively engaged in enterprise creation activity and Angel Investors be the parents of SMEs providing more than money in return for a stake in the startups’ success.   

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Dr. Md. Sabur Khan said, Covid-19 has created both new challenges and as well as opportunities for the young entrepreneurs and new Start Ups. For initiating ‘Digital Bangladesh’ program in earlier, Bangladesh is growing fast and set an example of role model of development even in global pandemic situation. He urged all to be doer and make friendship with the technologies like ‘Internet of Thinking’, Artificial Intelligence and work smartly.

It is to be mentioned that ‘World Business Angels Investors Week-2022’ has started worldwide from last 20th June 2022. This special week is being celebrated in 132 countries across 5 continents, the World Business Angel Investors Week 2022 welcomes more than 200,00 participants from around the world. These include 320 keynote speakers, 765 distinguished panel speakers, speeches by 12 presidents, 6 prime ministers, and 32 ministers. World Business Angels Investors Week-2022’ will end on June 26, 2022.

WBAW is a global platform. The platform carries out promotional work on equities, capital markets, startup economies, etc. of the United Nations, European Union, ASEAN Economic Community, OECD and G20 countries.

World Business Angel Investors Week (WBAW) is a global platform from which to campaign for solutions to critical issues of early-stage equity and capital markets, startup economies and other worldwide concerns at the United Nations, the European Union, the ASEAN Economic Community, the OECD and in G20 countries and regional and local economies.

Caption: Dr. Md. Sabur Khan, Chairman, Board of Trustees, Daffodil International University and Professor Shibli Rubayat Ul Islam, Chairman, Bangladesh Securities and Exchange Commission, Mr. Mohammad Nuruzzaman, Bangladesh Chair of World Business Angels Investors Week-2022 and CEO of Daffodil Family are seen at the Bangladesh Chapter Program.

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PriyoShop Secures Top 30 Spot in Prestigious StartUp Wheel Competition

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PriyoShop has taken the Bangladesh flag to new heights by securing a Top 30 spot in Startup Wheel 2025, one of Asia’s most competitive startup competitions in Vietnam, competing against 2,144 startups from 28 countries. With this milestone, Bangladesh has established itself as a significant player in the global startup ecosystem through PriyoShop.

This achievement shows that Bangladesh is growing fast in the digital world and becoming a strong player in retail innovation. PriyoShop stood alongside top startups from countries like Taiwan, South Korea, Malaysia, Singapore, Cambodia, and Indonesia. After six months of tough evaluation, PriyoShop was chosen as one of the most promising international innovators sharing our mission, vision, and real stories about Bangladesh’s retail industry with the world.

Asikul Alam Khan, CEO of PriyoShop, expressed his enthusiasm about the recognition: “This is a significant success for the PriyoShop Team. We have impacted millions of retailers by simplifying the supply chain and empowering them with embedded credit. Through us, Bangladesh will always stand high on the global stage. This recognition provides access to create a global footprint and inspires young entrepreneurs to bring innovative ideas and create international standard startups.”

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As PriyoShop advances, the company remains committed to transforming Bangladesh’s retail landscape while inspiring the aspiring entrepreneurs across the region. The journey from local startup to consistent international recognition exemplifies the potential within Bangladesh’s growing retail sector and demonstrates how innovative solutions can have an impact both locally and globally.

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Bajloor Rashid Elected Chairman, Mezanur Rahman Elected Vice Chairman of Progressive Life Insurance

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In a recently held board meeting of Progressive Life Insurance Company Limited, a renowned listed insurance company in the country’s capital market, Bajloor Rashid MBE, was elected as Chairman and Mezanur Rahman as Vice Chairman.
The formal election took place at the 203rd board meeting of the company held on Sunday, 29 June 2025, for the term 2025-2026.

Bajloor Rashid MBE, is a distinguished and successful businessman and social worker. He is also one of the founding shareholders of Progressive Life Insurance Company Limited. In the early 1980s, he established himself as an ambitious young entrepreneur in the growing catering industry. Notably, from 2006 to 2012, he served successfully as the President of the UK-based association of catering restaurant owners.

On the other hand, the newly elected Vice Chairman, Mezanur Rahman, is an established and successful businessman. He is a founding director and former Vice Chairman of Progressive Life Insurance Company Limited. He holds a degree in Architecture from Leeds Metropolitan University, United Kingdom. He is also actively involved with various humanitarian and social organizations.

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Progressive Life Insurance successfully settles claims totaling nearly Tk 40 crore in 2024

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Progressive Life Insurance Company Limited (PLICL) settled down insurance claims of approximately 40 (forty) crore taka in 2024 which has fortified clients’ confidence on the company. Progressive Life Insurance Company Limited entered 25th year on 6 January 2025. PLICL was founded on 6 January in the year 2000. Discussion programs, slicing a cake, offering dua and a colourful rally were organized to mark the company’s founding anniversary on Monday at PLICL corporate office in the capital. 

The rally moved around different parts of Dhaka city and the officials of the company held a gathering in front of PLICL head office on Monday morning at 10:30 am. 

PLICL Chairman (Acting) M Shoeb Chowdhury joined the 25th founding anniversary celebration virtually as the chief guest. M Shoeb Chowdhury said that the top management of Progressive Life Insurance Company Limited has been able to uphold the dream cherished by expatriate Bangladeshis whose contribution led to the establishment of the company. Shoeb Chowdhury laid emphasis on working with unity and solidarity for the company’s further advancement and to generate many more success stories.

PLICL Executive Committee Chairman Mezanur Rahman , Chairman of Audit Committee Dr. Md. Jamil Sharif, PhD, FCMA and former entrepreneur Prodeep Sen also attended the program. The event was presided over by the company’s Chief Executive Officer (CEO) Md. Saidul Amin. The 25th founding anniversary of Progressive Life Insurance Company Limited was celebrated in 32 districts and divisional offices across Bangladesh. Senior officials of the insurance company expressed hope and determination to transform PLICL into a top notch institution in days to come. The speakers at the program stated that Progressive Life Insurance Company Limited appointed 1200 development officers in 2024 and training courses have been initiated to upgrade their skills.

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PLICL Deputy Managing Director (DMD) Mohammad Hossain Shaheed Suhrawardy, Senior DMD Shahjahan Azadi, Company Secretary Abdullah Al Mansur and Senior DMD Jaseem Uddin Prodhan addressed the program among other dignitaries.

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Editor : Jashim Uddin ; Publisher: Rafiqul Alam Address: Bengal Centre (6th floor), 28 Topkhana Road, Dhaka-1000, Bangladesh Ph :+8802-7124586 e-mail:dailyfrontlinebd@gmail.com Copyright © 2020 Daily Frontline. Bangladesh Independent Daily.