Sir Fazle Hasan Abed transitioning to Chair Emeritus role

Sir Fazle Hasan Abed transitioning to Chair Emeritus role

Sir Fazle Hasan Abed, founder of BRAC, is retiring from his role as the Chairperson of the Governing Body of BRAC Bangladesh and BRAC International. He is transitioning to the role of Chair Emeritus, effective August 2019.

This transition is part of Sir Fazle’s long standing practice of building strong succession at BRAC. Sir Fazle founded BRAC in 1972, at the age of 36, and served as its Executive Director until 2001. At the age of 65, he retired from the Executive Director position of BRAC and was elected as the Chairperson of the BRAC Bangladesh Governing Body. Later he was also elected as the Chairperson of the BRAC International Board. He is stepping down from his governance responsibilities and in the coming months, as Chair Emeritus, he will focus on guiding BRAC’s global strategy and governance structure.

“For the past few years, I have put a lot of thought and preparation into planning my succession at BRAC. Now, at the age of 83, I feel it is the right time for me to step down from my role as Chairperson and focus my time on guiding the future strategy of BRAC,” Sir Fazle said.

“BRAC has never been about me or any one person. I may have been the founder, however, our strong foundation and reputation are built on the commitment, hard work and dedication of our staff. We are grateful and fortunate to partner with Governments, mission-aligned donors, partners and peer organisations along the way,” he added.

BRAC recently appointed Asif Saleh as the new Executive Director of BRAC Bangladesh. Dr. Muhammad Musa joined as the Executive Director of BRAC International in May 2019. Asif Saleh and Dr. Musa will be in charge of all executive management and operational functions for BRAC and BRAC International respectively, taking BRAC’s vision of building an equal world ahead.

Two very eminent personalities are joining BRAC and BRAC International Boards as Chairpersons. BRAC Governing Body elected Dr. Hossain Zillur Rahman, renowned academic, economist and policy maker as the new Chairperson. Dr. Hossain Zillur Rahman is a leading policy voice of Bangladesh with over three decades of experience. He is the founder and Executive Chairman of the think-tank Power and Participation Research Centre (PPRC). He was Lead Consultant for preparation of the first poverty reduction strategy paper (Unlocking the Potential, 2005) of the Government of Bangladesh and was a member of the SAARC Poverty Commission. Dr. Rahman has also sat on the Board of the Bangladesh Central Bank.

Ms. Ameerah Haq has been elected as the Chairperson of the BRAC International Board. Ms. Ameerah Haq is the former UN Under-Secretary-General for the Department of Field Support (2012-2014). She held the position of Under-Secretary-General from 2009 till her retirement and was the senior-most Bangladeshi national in the United Nations during those years.

Dr. Rahman and Ms. Haq, along with the other Board members, will oversee the governance aspects and provide independent oversight to the Executive Directors of BRAC Bangladesh and BRAC International respectively.

Sir Fazle started BRAC in 1972 with a small relief and rehabilitation project in North-Eastern Bangladesh. Over the past 47 years, BRAC has grown to be one of the most effective non-government organisations in the world, touching the lives of over 110 million people worldwide. BRAC is a unique ecosystem comprising of development programmes, microfinance, social enterprises, a university, bank and a range of mission aligned investments. BRAC now operates in 11 countries in Asia and Africa and have affiliate offices in the USA and UK.

Under the new leadership and guidance of Sir Fazle as Chair Emeritus, BRAC will continue to serve people in need with the right resources and opportunities and transform them into agents of change in their own lives.

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