Renowned businessman and City Group Chairman Fazlur Rahman passed away on Monday (December 25). He was 77.

He breathed his last around 4am at United Hospital in the capital. He was suffering from respiratory complications.

His namaz-e-janaza will be held at Gendaria Dhupkhola playgrounds after Asr prayers on Monday, according to his family sources.

He left behind his wife, son and three daughters.

On February 6, 1972, City Group began its journey as a mustard oil producer. After the success of the first venture, City Group started investing in new areas. At this time, mainly investments are made in production, industry and trading.
 
In the early ‘90s, City Group undertook more projects and initiatives. Currently, there are more than 40 companies in the industrial group, employing about 25,000 people. The annual turnover of the company is about Tk 25,000 crore.

Apart from the domestic market, various products, including flour and oil, are exported to the USA, China, Japan, Malaysia, India, Cambodia and Nepal.

BDST: 1127 HRS, DEC 25, 2023
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