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Salman F Rahman
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Salman F Rahman
Salman Fazlur Rahman (born 23 May 1951), commonly known as Salman F Rahman, is a Bangladeshi business magnate and a former politician who is currently incarcerated. He is the vice chairman of BEXIMCO Group, one of Bangladesh's largest industrial conglomerates. He previously served as a Member of Parliament for the Dhaka-1 constituency and was the private industry and investment adviser to Prime Minister Sheikh Hasina, holding the rank of a cabinet minister. Rahman's political career ended abruptly following the Student-People's Uprising, which led to the resignation of Sheikh Hasina's government on August 5, 2024. He was arrested on August 13, 2024, while allegedly attempting to flee the country. He faces numerous charges across multiple cases, including incitement to murder during the protests, corruption, and large-scale financial embezzlement. The Anti-Corruption Commission (ACC) has also filed separate cases against him related to money laundering and loan defaults. As of July 2025, he remains in jail with all bail petitions denied by the courts.
In 2017, he was ranked as the 1685th-wealthiest billionaire (in U.S.-dollar terms) by Hurun Global. He holds the position of vice chairman at BEXIMCO Group, one of Bangladesh's largest conglomerates. He was the president of several trade bodies, including the Association of Television Channel Owners (ATCO).
Salman has been involved in financial controversies related to bank loans and the capital market. He is currently incarcerated by the Dhaka Metropolitan Police on the charges of instigating killing during the Student-People's uprising.
Salman was born into a Bengali Muslim family in Shinepukur, Dohar, Dhaka District, on 23 May 1951. His parents were Fazlur Rahman, a state minister in Pakistan and Syeda Fatina Rahman. Syeda Fatina was a descendant of Syed Nasiruddin and the Dewan family of Haibatnagar on her father's side, and of Nawab Syed Muhammad Azad and Nawab Abdul Latif on her mother's. Salman has a brother, Ahmed Sohail Fasihur Rahman.
Salman successfully completed his Higher Secondary Examination from Notre Dame College in Dhaka and gained admission into the Physics Department of the University of Dhaka in 1968. Later, he graduated from Karachi University.
In 1966, Rahman and his elder brother, Sohail, began managing a family-owned jute factory. However, in 1972, the government nationalized the factory. The same year, they founded the Bangladesh Export and Import Company Limited (BEXIMCO Group) and initiated the export of seafood and crushed bones to European countries, importing medicines in return. BEXIMCO Group has grown to become one of Bangladesh's premier conglomerates, with subsidiaries such as BexTex, Beximco Pharmaceuticals Ltd. (Beximco Pharma), and Shinepukur Ceramics. With a global workforce exceeding 70,000 people, BEXIMCO is the largest private sector employer in Bangladesh.
In 1976, the two brothers established Beximco Pharmaceuticals Ltd. (Beximco Pharma). Later on, this company was listed as the first Bangladeshi company at London's Alternative Investment Market. The company is listed in Aim of London Stock Exchange and also accredited by many foreign regulatory authorities, including the US FDA, for its export operations. In addition, it is the first Bangladeshi company to export medicines to Canada.
In 1982, the brothers partnered with the Dubai-based Galadari Brothers Group to establish the country's first private bank, the AB Bank. In 1985, Rahman sold his stake to other partners. Subsequently, the brothers bought a 30% stake in IFIC Bank. Fazlur Rahman became chairman of the bank in 2010 and was re-elected in 2016.
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Salman F Rahman
Salman Fazlur Rahman (born 23 May 1951), commonly known as Salman F Rahman, is a Bangladeshi business magnate and a former politician who is currently incarcerated. He is the vice chairman of BEXIMCO Group, one of Bangladesh's largest industrial conglomerates. He previously served as a Member of Parliament for the Dhaka-1 constituency and was the private industry and investment adviser to Prime Minister Sheikh Hasina, holding the rank of a cabinet minister. Rahman's political career ended abruptly following the Student-People's Uprising, which led to the resignation of Sheikh Hasina's government on August 5, 2024. He was arrested on August 13, 2024, while allegedly attempting to flee the country. He faces numerous charges across multiple cases, including incitement to murder during the protests, corruption, and large-scale financial embezzlement. The Anti-Corruption Commission (ACC) has also filed separate cases against him related to money laundering and loan defaults. As of July 2025, he remains in jail with all bail petitions denied by the courts.
In 2017, he was ranked as the 1685th-wealthiest billionaire (in U.S.-dollar terms) by Hurun Global. He holds the position of vice chairman at BEXIMCO Group, one of Bangladesh's largest conglomerates. He was the president of several trade bodies, including the Association of Television Channel Owners (ATCO).
Salman has been involved in financial controversies related to bank loans and the capital market. He is currently incarcerated by the Dhaka Metropolitan Police on the charges of instigating killing during the Student-People's uprising.
Salman was born into a Bengali Muslim family in Shinepukur, Dohar, Dhaka District, on 23 May 1951. His parents were Fazlur Rahman, a state minister in Pakistan and Syeda Fatina Rahman. Syeda Fatina was a descendant of Syed Nasiruddin and the Dewan family of Haibatnagar on her father's side, and of Nawab Syed Muhammad Azad and Nawab Abdul Latif on her mother's. Salman has a brother, Ahmed Sohail Fasihur Rahman.
Salman successfully completed his Higher Secondary Examination from Notre Dame College in Dhaka and gained admission into the Physics Department of the University of Dhaka in 1968. Later, he graduated from Karachi University.
In 1966, Rahman and his elder brother, Sohail, began managing a family-owned jute factory. However, in 1972, the government nationalized the factory. The same year, they founded the Bangladesh Export and Import Company Limited (BEXIMCO Group) and initiated the export of seafood and crushed bones to European countries, importing medicines in return. BEXIMCO Group has grown to become one of Bangladesh's premier conglomerates, with subsidiaries such as BexTex, Beximco Pharmaceuticals Ltd. (Beximco Pharma), and Shinepukur Ceramics. With a global workforce exceeding 70,000 people, BEXIMCO is the largest private sector employer in Bangladesh.
In 1976, the two brothers established Beximco Pharmaceuticals Ltd. (Beximco Pharma). Later on, this company was listed as the first Bangladeshi company at London's Alternative Investment Market. The company is listed in Aim of London Stock Exchange and also accredited by many foreign regulatory authorities, including the US FDA, for its export operations. In addition, it is the first Bangladeshi company to export medicines to Canada.
In 1982, the brothers partnered with the Dubai-based Galadari Brothers Group to establish the country's first private bank, the AB Bank. In 1985, Rahman sold his stake to other partners. Subsequently, the brothers bought a 30% stake in IFIC Bank. Fazlur Rahman became chairman of the bank in 2010 and was re-elected in 2016.
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