Fazlur Rahman, chairman of City Group and one of the country's leading commodity importers and processors, passed away at a hospital in the city in the early hours of Monday. He was 77.
"Fazlur Rahman, also chairman of Somoy TV, breathed his last at United Hospital in the city around 4am today," family sources said.
He is survived by his wife, only son and three daughters.
Fazlur Rahman will be laid to eternal rest at Zurain graveyard after a Namaz-e-Janaza on Gendaria Dhupkhola playground in Old Dhaka at 4 pm.
The eminent industrialist built an empire of 40 companies, over the last five decades with businesses ranging from flour, sugar, edible oil, feed and rice milling.
City Group has three economic zones and one hi-tech park.
With a turnover of about Taka 25,000 crore a year, City Group has employed around 25,000 people under the leadership of Rahman.
Meanwhile, Commerce Minister Tipu Munshi expressed deep shock at the death of Fazlur Rahman.
In a message of condolence, the minister prayed for eternal peace of the departed soul and conveyed deep sympathy to the bereaved family.
Besides, FBCCI president Mahbubul Alam condoled the death of Fazlur Rahman.
