Transcript IBFB International Business Forum of Bangladesh (IBFB) www.ibfb.org

IBFB
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International Business Forum of
Bangladesh (IBFB)
IBFB at a Glance
IBFB
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• International Business Forum of Bangladesh (IBFB)
was formed under the Companies Act 1994 and
incorporated on 14th September 2005.
• IBFB represents nonpartisan, Bangladeshi and
foreign business owners and executives.
• IBFB’s membership comprises of all classes of
entrepreneurs from all over Bangladesh and
foreign countries.
• IBFB contacts internationally renowned market research
companies to conduct public opinion research
nationwide.
• One of IBFB’s most important roles is policy advocacy
for business community to promote the Economic
interests of Commerce and Industry and to stimulate
the activity of the business community
• Vision:
To be a truly representative business forum
and supporter of the private sector for creating a
climate where decisions at all levels are more
transparent for a prosperous economy.
• Mission:
Identify common problems and present
solutions to the decision makers for positive changes
in business environment by providing leadership,
advocacy, connectivity and support. IBFB works as a
“Bridge between the Stakeholders and the Policy
Makers”.
IBFB
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IBFB
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Objectives of IBFB
• Improve the business climate by addressing pressing issues
that hinder smooth operation of business activities;
• Critique and suggest ways & means towards the formulation
and implementation of government policy in respect of good
governance, corruption, transparency and accountability for
creating enabling business environment;
• Promote trade interest of its members through collection,
analysis, dissemination and exchange of updated trade
information;
• Conduct Business Study/Research/Training/Promoting business
advocacy issue in response to current business issues/needs;
• Play an instrumental role in networking Bangladeshi businesses
to the prospective foreign investors worldwide;
IBFB
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The activities that IBFB is doing for the
Business community
 Act as a link point for promoting business
opportunities with other prospective countries.
 Trying to improve the business climate by
addressing pressing issues such as high
interest rates, tax evasion, transport
inefficiencies and bureaucratic red tape as an
advocacy group.
 Articulate better business practices/policies to
the general public and relevant government
agencies.
IBFB
Why IBFB?
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 Members would benefit from more transparent business practices.
 Members will do their part to harness ‘power’ of the business group
and make contributions to reform policies.
 Members are interested in networking with other foreign businesses
in Bangladesh who are also eager to see sound economic policies.
 Members will receive training from international business association
experts who have been successful in impacting policy in their own
countries.
 Members will help formulate a business agenda, lobby the
government for change and devise solid policies at IBFB meetings
and seminars.
IBFB
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Founding Members of the
International Business Forum of
Bangladesh
Serial no.
Name
1
Mahmudul Islam Chowdhury
2
Tanveer Imam
3
ATM Saidul Alam
4
Syed Enamul Hoque Murad
5
Fahim A. Faruk Chaudhury
6
Hafizur Rahman Khan
7
Md. Farhad Ahmed Akanda
IBFB is run by a 15 member-board. The President, VicePresident and Treasurer act as office bearers of IBFB
where the President is the Chief Executive Officer.
IBFB
• The Board of Directors are:
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Sl. num
Name
Designation
1
Mr. Mahmudul Islam Chowdhury
President
2
Mr. ATM Saidul Alam
Vice President
3
Mr. Tanveer Imam
Treasurer
4
Mr. Syed Enamul Hoque Murad
Member
5
Mr. Fahim A. Faruk Chaudhury
Member
6
Mr. Hafizur Rahman Khan
Member
7
Mr. Farhad Ahmed Akanda
Member
8
Mr. Shahed Sinha
Member
9
Mr. Chowdhury Musharraf Hussain
Member
10
Omar Shafayat Kausar
Member
11
Mr. Sajedur Seraj
Member
12
Mr. Khalid Hasan
Member
13
Mr. Jahir Uddin
Member
14
Mr. K. M. Zaman
Member
15
Ms. Umme Fatema
Member
IBFB
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IBFB Standing Committees
IBFB has 6 Standing Committees. Which
are:
1) Industry Leadership Committee
2) Governmental Relations and Advocacy
Committee
3) Publicity and Public Relations
Committee
4) Liaison Committee
5) Economic Development Committee
6) Finance Committee
IBFB
IBFB Projects
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Projects with IRI
Addressing key issues of development concerning
business community an agreement was signed
between IRI and IBFB for undertaking different
projects that will engage business community in
dialogue with key local and national government and
civil society leaders.
IBFB undertook 4 Development Projects in
collaboration with International Republican Institute
(IRI)
– Study on Power and Energy Sector of Bangladesh
– Study on Economic Policies of the Political Parties
in Bangladesh
– Study circles with Journalists and Business
Community
– Study on Intellectual Property Rights for Software
IBFB Projects
IBFB
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Project with USAID PROGATI:
IBFB pledged to undertake “Mobilizing the Private Sector to encourage
and support Anti Corruption Reform”: An agreement between IBFB
and USAID-PROGATI
Planned Outputs of the Projects
• A comprehensive work plan for the implementation of all grantfunded activities, including timelines and milestones, and methods
to gauge program output and impact;
• Two Research Projects that focus on anti-corruption issues that are
high priority for the business community and have great impact on
local businesses;
• Presentation of research findings to the public using innovative and
creative methods
• Two meetings with key stakeholders in the business community and
within government , resulting in a report on priority issues and
recommended methods for promoting business interests in the
context of good governance
• A study of other regional private sector led transparency and
accountability drives, resulting in a report on opportunities and
challenges IBFB might face as they take on these issues and
recommendations for future actions
IBFB
IBFB Partners
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USAID
PROGATI
International Republican Institute (IRI)
Some moments of Activities
and Events of IBFB
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Launching
ceremony of
IBFB
IBFB
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President, IBFB is signing the grant agreement on
“Mobilizing the Private Sector to Encourage and Support AntiCorruption Reform” on behalf of IBFB in the presence of Mr. Johannes
Go, Grant Manager, USAID-PROGATI.
IBFB
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H.E. Japanese Ambassador Mr. Masayuki Inoue is presenting
a key note paper at the discussion session on “Problems of
FDI in Bangladesh".
Pre budget
Discussion in May
2007, with the
former Canadian
High
Commissioner
IBFB
The 3rd annual General Meeting of IBFB held on
January 30, 2008.
IBFB
Q & A Session on “Regulatory Reforms Commission,
The hopes and Aspiration of the Business Community”
IBFB
Seminar on ‘Role of Media in Business Advocacy’
IBFB
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Discussion Session on ‘The Need of Energy
Producers and Government Perspective’
Press Briefing of IBFB
IBFB
Participants are seen at the study circle meeting on
‘Financing Needs of Enterprises’ at La Vinci Hotel,
Dhaka in May 31, 2008
Bi-monthly Lunch Meeting on “World Economic
Crisis and its Impact on Bangladesh”
H.E. James F Moriarty, Ambassador of the United States of America,
attended the meeting as Chief Guest and presented a key note paper
IBFB
Discussion on possibilities of co-operation
between IBFB and the EU.
IBFB
A partial view of the
stakeholder’s meeting
to select Research
Topic to be conducted
by IBFB
Social Welfare Activities of
IBFB
As part of its social activities IBFB donated Tk. 50000 to a
school for underprivileged children. IBFB members also
voluntarily participate in providing relief and donations for
humanitarian causes.
IBFB
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Future activities of IBFB
Creating Business leaders.
Building up the key Business sectors.
Undertaking projects that will help gather
ideas on how to tackle corruption that
hampers smooth business activity
Undertaking projects in relation to
improving Local Governance in Bangladesh
Opening branches in the other major cities
in Bangladesh.
Networking with similar organization
Thank you all for
your kind attention….
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