- Passed away on the 12th of February.
- Resigned as Chairman due to health reasons. Assigned the role of President of the Company.
- Appointed as Chairman and Non-Executive Director of ASA International.
- Co-founded ASA International.
- Became an advisor to the Caretaker Government of Bangladesh with responsibility for the Ministry of Agriculture, Youth & Sports, and Cultural Affairs. He held this position from 2006 till 2007.
- Served as the Team Leader for ASA’s participation in the United Nations Development Programme’s (UNDP) and United Nations Capital Development Fund’s (UNCDF) Special Unit for Microfinance (SUM) MicroStart program in Nigeria and the Philippines as a technical service provider (TSP) from February 1997 through 2003.
- Transformed ASA into a microfinance institution.
He revolutionised the world of microfinance by introducing the ‘ASA Model of Microfinance’ (the ‘ASA Model’), an extremely low-cost and highly efficient credit delivery model with a simple, but very effective credit assessment process. He also discarded ‘joint liability’, under which group members had to financially guarantee each other’s loan repayments. Unlike many other microfinance institutions, he decided that loans should be granted individually.
- Founded the Association for Social Advancement (ASA), which initially focused on promoting civil rights and improving the livelihoods of poor people by organising community and social development programs in rural Bangladesh.
- Graduated with a master’s degree in Sociology with honours from the University of Dhaka.
Born in Naropati village under the Sylhet district of Bangladesh.