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SCB partners with Kumudini Welfare Trust to train Bangladesh’s next generation of nurses

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Standard Chartered Bangladesh has partnered with Kumudini Welfare Trust of Bengal (BD) Limited to train and provide employment opportunities for the next generation of Bangladeshi nurses.

As part of this initiative, the Bank will support 118 students from the Kumudini Nursing School and College (KNSC) in their journey to complete their formal education and attain their Bachelor of Science (B.Sc.) in Nursing from the institution over the course of the next 18 months.

The graduates will be guaranteed employment at the Kumudini Hospital for a term of at least two years – enabling all beneficiaries to gain practical work experience and hone their skills.

Futuremakers by Standard Chartered, the Bank’s flagship community engagement programme, is designed to help the next generation to learn, earn, and grow.

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Facilitating healthcare is a core focus for institutions nationwide while driving education is integral to the bank’s Futuremakers initiative.

Standard Chartered Bangladesh is working with Kumudini Welfare Trust and its sister concerns to make an impact by providing access to quality health education – especially for young women from communities in need, who might otherwise not have been able to pursue a career in nursing.

Naser Ezaz Bijoy, CEO of Standard Chartered Bangladesh said: “Taking care of the health and wellbeing of a nation that is 170 million strong is a mammoth task. Meeting the needs of our people will require an increasing number of highly trained nurses and health professionals. We are proud to partner with the Kumudini Welfare Trust – which is a role model for the institutionalisation of philanthropy in Bangladesh over multiple generations – to provide aspiring nurses with much-needed access to certified healthcare education. Developing employable skills is a core focus area for Standard Chartered. Kumudini Welfare Trust’s commitment to guaranteeing two years of employment for students from the Kumudini Nursing School & College is essential in advancing women’s representation in the workforce.”

Rajiv Prasad Shaha, chairman and managing director of Kumudini Welfare Trust of Bengal Limited said: “Kumudini has been training nurses since late 1943, beginning with a batch of five British trainer nurses who started providing services at Kumudini Hospital and concurrently training the local womenfolk. Since then, Kumudini has come a long way, becoming one of the first in the private sector to offer BSc Nursing courses, as well as the first to offer M. Sc. Nursing courses. We endeavour to bring out quality nurses, many of whom many working as practising nurses and administrators in reputed hospitals at home and abroad.”

The agreement between Standard Chartered Bangladesh and Kumudini Welfare Trust of Bengal (BD) Limited was signed by Naser Ezaz Bijoy and Rajiv Prasad Shaha.

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As the nation’s long-term partner in progress, Standard Chartered has consistently been linked to Bangladesh’s inspiring story of growth and resilience. For more than 118 years, the bank has remained dedicated to driving commerce and development by investing in communities, expanding the reach and scale of services to promote greater inclusion, and creating new opportunities for stakeholders.

Founded in 1947, the Kumudini Welfare Trust of Bengal (BD) Limited is one of the oldest and largest charitable organisations in Bangladesh.

The Kumudini Nursing School and College – a sister concern of the Trust – is dedicated to teaching and training prospective nurses. Kumudini Hospital is a private hospital in Tangail that is managed by Kumudini Welfare Trust. The hospital is funded by the Trust and provides free healthcare.

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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.