Breaking News - best for the future of youth would be if people like the folowing partnered Sir Fazle Abed and Sal Khan now- Paul Farmer, George SorosLarry Brilliant and Jeff Skoll, Taddy Blecher, Ingrid Munro, various entrepreneurs at MIT - help us hunt out more at www.wholeplanet.tv  or rsvp chris.macrae@yahoo.co.uk
 2 meetings in the first half of 2013 with Sir Fazle in Dhaka (Feb) and Budapest (June) are included in this update

Fazle Abed- 900/1 leaders of 2010s -youth's most productive generation -main webs www.brac.net www.bracuniversity.net  www.bracresearch.org www.bkash.com
As leading example of bottom-up NGO, BRAC is the world's number 1 benchmark of the 1976 search for organisational transformation (
The Economist, Entrepreneurial Revolution 25 December1976). BRAC is epicentral to progress in most millennium goal curricula - the world's largest and most collaborative NGO, and largest inventor of replicable microfranchises empowering life critical community-groiunded services. Sir Fazle as WISE's inaugural winner of the Education Oscars has more knowledge to edit into open educational formats than anyone we know (rsvp chris.macrae@yahoo.co.uk if you have other suggestions)

FREEMARKET Role - Exponentially Sustainable economics, education and life critical microfranchises - most valuable partnership connector investing in net gen's co-production of millennium goals

What would world miss without Fazle Abed?

if your worldview is rooted in happiness and freedoms of our next generation's productivity- which is where the roots of the entrepreneurial (pro-youth) capitalism emerged 9 quarters of a century ago, then you may value the optimistic pro-youth reasonings and severe contest of leadership that turned The Economist into the world's favorite viewspaper, and so the more you search the more you will probably find that brac is the net generation's most economic network of partnerships.


Reasonings The Economist used in the second half of the 20th century to value the net generation to invites us all to co--create the most productive time to be alive included:

invest youth's productivity with net gen's million times more collaboration tech in millennium goals uniting human race

want asian pacific worldwide century to be the most extraordinary region of human development between 1975-2075

trust that economics models of sectors growing at moore's law speed around multi-win sustainability investment models to those who have the most experience in such community grounded microeconomics including the Japanese and type MIT type of open educational networks

understand the media implication of what einstein, keynes and von neumann said about preventing compound risk of a borderless world in which all human productivities become ever more interconnected


BRAC's partnerships criss-cross all those sorts of reasonings in the most motivating human ways ever to have been connected into the organisational architecture if a network of 100 massively resourced win-win partners aimed at empowering community-owned service franchises round lifes most critical needs. As world bank exec Karen Spainhower says- BRAC offers any organisation with unique tech resources the chance to partner in a lab designed round innovating the most humanly valuable possibility of your technology's collaborative value.

Next youth collaboration challenges


BRAC has over 100 partners - many on projects with world-changing impacts - please mail chris.macrae@yahoo.co.uk if we haven't tabled one of your favorites

EXEMPLARY YOUTH PARTNERING - BRAC


Wherever educators and economists and youth mix this can be a joyful value multiplying training exercise in net generation innovation
Make a list of trillion dollar global market sectors plus any others that are life critically important in locally sustaining community safety and health
Focus on one of the sectors that matters most passionately to the skills the people in your meet. Discuss what purpose of that sector could match worldwide youths most exciting goals to 2025 - look and see whether any of BRAC's top 100 partners is already mapping a value chain relevant to that purpose
Countdown how many of 3 billion new jobs could be collaboratively developed around the world if the purpose and suitable multi-win value chain were wholly invested in now. Consider the opportunity if investors and educators led the way thanks to banks with pro-youth economic values and universities with pro-youth economic values

Norman Macrae Foundation www.nmfound.net next steps
if we valued the future exponentially the way keynes advised, what 10 most transparent contests of futures leadership should we be posting as questions here?
example case 1 - there is a race to bank a billion people with 100 times less costly mobile cash - will who win this race may determine whether families investments thru 2010s invest in 3 billion most productive jobs of net generation - norman macrae believed so in our 1984 book on netgen and in his last articles written 2008 at age of 85 and celebrated here at The Economist's boardroom 2010

case 1 next steps - NM futures roundtables on cashless banking and netgen's 3 billion jobs have so far been celebrated: 1 The Economist Boardroom; 2 with Mandela and Branson's practiice leader of the free university movement, 3 with the Japanese Embassy and Sir Fazle Abed - can you suggest where to host 4th event in this entrepreneurial revolution world series - chris.macrae@yahoo.co.uk - DC, London, Tokyo, Paris ...

 moocbrac.jpg

Salman Khan www.khanacademy.org  - brilint as a virtual maths tutor of secondary level cousres www.khanacademy.org has a ince in a world opportunity to choose content leaders of other curricula who are best for youth's futures- lets hope Sal finds Sir Fazle Abed in time to get out his life saving solutions to hundrdes of millions of youth

 

Sir Fazle Abed Bio Released End 2009 by BRAC celebrating Queen's New Decade Honours

This site  The Web 

This is simply a fan's web providing links to news on Fazle Abed and BRAC

Press Release — BRAC’S ABED TO BE KNIGHTED FOR WORK ON POVERTY

December 31, 2009 · 1 Comment

For immediate release

Dhaka, December 31st, 2009.

Founder and Chairperson of BRAC, Fazle Hasan Abed, is to be knighted by Her Majesty Queen Elizabeth II for services in tackling poverty and empowering the poor in Bangladesh and more globally. Abed’s name was included in the Queen’s New Year’s Honours List released December 31, 2009.

Abed is to be appointed Knight Commander of the Most Distinguished Order of St. Michael and St. George (KCMG). He is the first person of Bangladesh origin to be honoured with a knighthood by the British Crown since 1947. Abed receives his knighthood for his work spanning four decades in education, health, human rights and social development and for bringing financial services to the doorstep of millions of the poor in an effort to eradicate poverty in Bangladesh and countries in Asia and Africa.

On receiving news of his knighthood Abed said, “I am humbled by the honour to be conferred on me. I thank my colleagues in BRAC, who are at the forefront of the struggle to eradicate poverty in Bangladesh and abroad and I share this honour with them.”

Abed is the second person in his family to be honoured with a knighthood. His grand uncle, Justice Nawab Sir Syed Shamsul Huda, was knighted by the British Crown in 1913.

A biography of Fazle Hasan Abed is in the article above. For further details please contact the following persons:

In Bangladesh please contact:
Tania Zaman, Director Chairperson’s Office, BRAC, cell: 01730013122
Bangla language media: Zia Hashan, Manager, Media Affairs, BRAC, cell: 01714242912

In the United Kingdom, please contact:
Penelope Mawson, BRAC UK, cell:               + 44 (0) 7940 705097         + 44 (0) 7940 705097

In the United States, please contact:
Susan Davis, BRAC USA, cell:               + 1- 646-239-4411         + 1- 646-239-4411

Please visit www.brac.net to learn more about BRAC.

Best news 1 of 2010 vote info @worldcitizen.tv for next 2009 goodnews connections with sustaining world , humanity and every community and child -thanks chrismacrae 31dec 2009

Bangladesh NGO head gets UK award

BBC News - ‎59 minutes ago‎
Fazle Hasan Abed - who holds dual British and Bangladesh citizenship - will be knighted by Queen Elizabeth in 2010 for services in tackling poverty. ...

being a man I can only unbiassedly vote for the 2 lovelist men in the world -

most definitely fazle abed http://www.brac.net  (fan ning)

and muhammad yunus www.yunuscentre.org (fans collabiration space www.globalgrameen.com  ning yunusasia)

 o lucky world that bangladesh exists as their twin epicentres of colaboraion partnering in sustainabiity

if we get to a sustainable globalisation (an end of poverty, a prodctive economy for 7 billion being creative peoples, a chnace of life's flow for every kid) probably more than half of the knowledge to do so will have come from networks multiplying love and microeconomics and most pursposeful organisations ever compounded around them

 

let's hope the 2010s has more good news like this; and if I was alowed a number 3 because education matters to me ; I would certainly need to nominate http://www.jagdishgandhiforworldhappiness.org/

 

chris macrae

www.worldclassbrands.tv

 

I am very far behind in updating www.fazleabed.com ; if brac wants to freely take over the domain name please say- meanwhile if anyne has a good news sory they want me to post there please tell me 


Researching entrepreneurship, the impact of media and the innovative potential of organisational systems for humanity became a family tradition when my father in his late teens started studying economics from an Indian correspondence course while waiting to navigate RAF planes out of Bangladesh in 1943. Neither he nor or I foresaw that the famous missing organsiational system of Entrereneurial Revolution which he started to encourage readers of The Economist to search out from 1976 -including a young Romano Prodi the Italian translator of ER - would come to be seen as Bangladesh's gift to the world.
THIRTY YEARS BEHIND
I confess it took me 30 years - summer of 2006 - to realise system had been born in Bangladesh at about the same time as my father had asked economists and others around the world to keep an eye out searching for it. For me this does have one advantage, Over the last 3 years I have literally been exploring this system from scratch, having as grounded theory would say no wish to understand other way round systems approach through the overbearing approach of top-down macroeconomics which has clearly compounded a pathway way off course from sustainable globalisation that my father and I had mapped in our 1984 book on the opportunities and the threats of growing up during the geneeration that networked the world http://erworld.tv/ 
By now I have concluded that the leaders and their core teams of Grameen and BRAC are at the epicentre of everything that human beings should want to value most from entrepreneurial revolution. My first meeting with any of these extraordinary social business people came from an invitation that arrived in my email of Xmas 2007- did I want to have a 2 hour chat with Dr Muhamad Yunus to start the new year of 2008? Since then I have heekily dropeed in on Dr Yunus 11 times - 4 in bangladesh and on other occasions mainly in USA or OK. At BRAC, my research remains almost completely new. I offer the aide meoire below as a personal journey. If you would like to treat it as a semi-public wiki, please do. In other words tell me what to edit and what to add, and wherever I understand the  advice I will be most graetful for your kind interaction. chris macrae  info @worldcitizen.tv Washington DC tel (1) 301 881 1655

A rough connections guide to BRAC (last update september 09)

bracorg.jpg

 

I started work on brands that do good for people back in 1976. BRAC is certainly in the top 3 of any organisation I have ever researched – probably none as such see through operation systems and such simple connections between everyone who interacts in service sectors of the most valuable kind for human and community sustainability. Why wouldn’t every top 1000 organisation with a responsibility for our future generations want to form relationships to benchmark and action learn with BRAC?

 

worldsgreatestinvention5.jpg

.worldsgreatestinvention6.jpg

 

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refs 1 2

 

Main webs www.brac.net  www.bracuniversity.net  whole series of internet for poor webs of www.bracnet.net

 

Unlike Grameen –the other extraordinary organisation to have helped Bangladesh discover the greatest invention in the world http://worldclassbrands.tv   BRAC does not separate out dozens of separate companies and with some heroic regional exceptions (eg Afghanistan)  it has only seen itself as ready to offer worldwide advice  since 2006. Some of these new applications in Africa – eg Tanzania & Uganda are best ever seen in such a short period given true microcredit compounds on a trajectory where 7 & 14 years are ones to set heroic goals for

 

BRAC’s origin (1972, initial cyclone relief organisation  HELP1970) emerged as the first national NGO able to deliver disaster relief at world class levels of integrity and with compound future vision. BRAC soon became the system of choice for taking programs across rural communities to alleviate poverty and life critical crises. A breakthrough example in 1970s being the oral rehydration program:  from village to village over a several year period BRAC’s appointed taskforce trained village mothers in how to make up a homemade remedy of sugars and salts in the correct proportions without which up to 20% of infants died of diarrhea.

 

For Fazle Abed, it soon became a natural idea to BRAC to build whole industry sectors from the bottom up with microcredit. For example, Poultry supply chain as integrated by BRAC involves at least 4 jobs- each of which BRAC has designed with extraordinary simple innovations and each of which has become jobs that which people start up in by taking a microloan and getting the BRAC knowhow for that job – superchickens breeding of, innoculating in village, laying eggs with, transporting surplus beyond village. There are other jobs connecting this which may require brac to invest in infrastructure and employees – eg the processing of maize into chicken feed. The whole industry is owned so that people sustain good incomes at every job level.

 

 

 

(where I have briefly met some, I have taken liberty of adding more of their profile)

 

Core Staff Include

 

Amin – an operational genius who takes Abed’s ideas and operationalizes them

 

Others who have been with Abed since the 1970s include heads of statistics (Mushtaque), training, microfinance, education, administration, accounts

 Muhammad (Rumee) Ali, BRAC BankProfile from london sustainable banking conferencehttp://www.ftconferences.com/event/pdfs/80/cBrochure/0_Sust%20On%20The%20Day%20Bro%20FINAL.pdf Muhammad (Rumee) Ali has been associated with the banking industry for the last 33 years.Mr Ali started his career with Grindlays Bank in Bangladesh in 1975 which later became ANZ  Bank. He has worked in different capacities in the Indian, UK and Australian operations ofANZ Bank. In 2000, while Mr Ali was the Country Head of ANZ in Bangladesh, ANZ operations in Bangladesh were taken over by Standard Chartered, and Mr Ali continued as the CEO,Bangladesh of the combined operations of the two banks.In November 2002 he joined the central bank of Bangladesh (Bangladesh Bank) as Deputy Governor (Supervision) and joined BRAC in January 2007 as Managing Director, Enterprises and a Director of BRAC Bank Limited. He is also the Vice Chairman of the BankersAssociation of Bangladesh. 

Tania Zaman, chief of staff

Tania Zaman is Director Chairperson's Office (Chief of Staff).  In addition to assisting the Chairperson in coordinating the activities of BRAC, BRAC International and maintaining close liaison with BRAC USA and BRAC UK, she supervises Communications and Internship, Brand Management and Publication departments. She acts as the Secretary to the Governing body of BRAC and the Governing Board of BRAC InternationalTania started her career with the United Nations Development Programme in 1987 and served in Nepal, New York and Vietnam.  From 1993 to 2001 she was with the International Health Policy Program which was housed in the Human Development Vice-Presidency of The World Bank in Washington, DC.  She has spent the last 7 years in Dhaka - first as Head of Advocacy for Save the Children UK, then as technical support to the Ministry on Health's Gender Issues Office and most recently as Governance Adviser to the Netherlands Embassy. Tania has a BA from George Washington University and an M.Phil from Yale University.

USA fundraising CEO – Susan Davis –

Susan was working for the Ford Foundation in Bangladesh in the 1980s. Prior to heading fundraising and USA office of BRAC, she worked on the ashoka and jeff skoll project to make dvds of 6 world class end poverty entrepreneurs including: Bill Drayton of Ashoka, Muhammad Yunus, Fazle Abed, and founder of Transparency International Peter Eigen. Davis has an extraordinary Board of supporters which includes Ron Gryzwinski co-founder of Shorebank in Chicago and adviser at early stages on the constitutions of Grameen and BRAC’s banks.  

BRAC Governing Body Members (2008 - 2009)

Member Name

Position

Mr.  F. H. Abed

Chair

Ms. Taherunnesa Abdullah

Member

Ms. Shabana Azmi

Member

Mr. Faruq A. Choudhury

Member

Dr. Timothy G. Evans

Member

Mr.  Kazi Aminul Huque

Member

Mr. Syed Humayun Kabir

Member

Dr. Ainun Nishat

Member

Ms. Maria Otero

Member

Mr. Latifur Rahman

Member

Ms. Rokia Afzal  Rahman

Member

Ms. Luva Nahid Choudhury

Member

  

Mr. Shafiq ul Hassan

Member

Dr. Mahabub Hossain

Member (ex-officio)

Mr. Muhammad A. (Rumee) Ali

Member (ex-officio

  
  Through its years of struggle against chronic deprivation, hunger and injustice, Bangladesh has been home to manyinnovations in tackling poverty. BRAC, a development organisation founded by Fazle Hasan Abed in February 1972,soon after the liberation of Bangladesh, has acted as both the initiator and catalyst for many such innovations andchange. Our initial focus was on assisting the refugees returning from India to their newly independent country.In 1973, we broadened our focus to long term sustainable poverty reduction. Over the course of its evolution,BRAC has established itself as a pioneer in recognising and tackling the different dimensions of poverty. Ourunique, holistic approach to poverty alleviation and empowerment of the poor encompasses a range of coreprogrammes in economic and social development, health, education, human rights and legal services as well asdisaster management. Today, BRAC is the largest southern NGO employing 120,000 people, the majority of whichare women, and reaches more than 110 million people with development interventions in Asia and Africa.Partners

 BRAC has two donors’ consortia, one each for the BRAC Education Programme and the Ultra Poor Programme. The consortia conducted their own audits and external reviews and met twice in 2007 to discuss findings. The consortia donors are the European Commission, Department for International Development (UK), Embassy of the Kingdom of the Netherlands (EKN), CIDA (Canada), NOVIB (the Netherlands), AusAID (Australia), NORAD (Norway) and the World Food Programme (WFP).

Founder Fazle Abed 

News & Connections Searches

http://www.google.com/search?hl=en&source=hp&q=%2B%22fazle+abed%22+%2Bclinton&btnG=Google+Search&aq=f&oq=&aqi= Bill Clinton who CGI awarded Fazle Abed its main honor: Fazle Hasan Abed attended the Clinton Global Initiative (CGI) White Oak retreat from March 4- 6. CGI's strategic planning retreat at White Oak was an exclusive gathering for 50 distinguished global leaders and experts from business, civil society, and the public sector to work with the CGI team to develop the priorities and goals for CGI and their members in 2009. It was a preparation for the Fifth Anniversary CGI Meeting this September.

The participants of the meeting included William Jefferson Clinton, 42nd President of the United States and Founding Chairman of Clinton Global Initiative, Justin Yifu Lin, Senior Vice President and Chief Economist of the World Bank, Margaret McKenna, President of The Wal-Mart Foundation, Dr. James Mwangi, Managing Director and Chief Executive of Officer of Equity Bank Limited, Pamela Passman, Corporate Vice President of Microsoft Corporation among others. The Clinton Global Initiative 2009  (CGI) is pleased to announce special Annual Meeting programming on the topic of Investing in Girls and Women. President Clinton and CGI members have shown an ongoing interest in this important issue, which cuts across the global challenge areas of education, energy and climate change, global health, and poverty alleviation, and also provides an entry point into CGI’s four Action Areas – Harnessing Innovation for Development, Financing a Sustainable Future, Developing Human Capital, and Strengthening Infrastructure

Approximate sayings by Fazle Abed

 

Small may be beautiful but for Bangladesh large scale is absolutely essential

 Social Business =  commercially viable organisation organically linked to poverty alleviation and one whose surplus benefits the organisation rather than shareholders 

One of our early breakthroughs came from Paulo Freiere. . Without his ideas we would have assumed that teaching meant an instructor imparting knowledge, instructing people. Freiere’s idea is teaching literacy and conscientiizing people at the same time. He gave us the idea that knowledge can be created through discussion, action and reflection, and so BRAC’s whole idea of training changed. That was the first connection from training to conscientization.

  Speeches by Fazle Abed

Speeches by Fazle Hasan Abed:

 

1. "The Complementary Role of Civil Society Organisations in Government" - This speech was delivered by Fazle Hasan Abed at the launch of the South Asia Human Development Report, 1999, in Dhaka on September 19, 1999.

2. Lecture: Development - This lecture on development was delivered by Fazle Hasan Abed at the University of Amsterdam, The Netherlands on October 11, 1999.

3. Speech: BRAC University - This speech was delivered by Fazle Hasan Abed at the inauguration of BRAC University in Dhaka on June 16, 2001

. Let me conclude by reciting what the great Chinese philosopher Confucius had said about knowledge and development two and a half thousand years ago.

 

            When knowledge is extended.

                        the will becomes sincere.

            When the will is sincere.

                        the mind is correct.

            When the mind is correct.

                        the self is cultivated.

            When the self is cultivated,

                        the clan is harmonized.

            When the clan is harmonized,

                        the country is well governed.

            When the country is will governed,

                        there will be peace throughout the land.

BRAC University's advisory committee and those who have contributed to the University's preparatory phase. In this connection, I should like to convey my grateful thanks to:

 

Mr. Faruq A. Choudhury, Adviser BRAC

Mr. M. Syeduzzaman, former Finance Minister

Prof. Derek Bok, former President of Harvard University

Prof. Lincohn Chen of Rockefeller Foundation

Mr. Francis Sutton of Ford Foundation

Prof. Hafiz G. A. Siddiqi of North South University

Dr. Riaz Khan, formerly of BRAC and

Dr. David Fraser, former President of Swarthmore College

I am grateful to them.

Here I also wish to recall with deep gratitude the guidance that was initially provided by the late Professor David Bell of Harvard University whose recent passing away has been a great loss to us.

Interviews of Fazle Hasan Abed:

1. Interview with Fazle Hasan Abed: The Daily Star. - This interview with Fazle Hasan Abed appeared in The Daily Star, a Daily Bangladeshi newspaper on
April 9, 1999.


2. Interview with Fazle Hasan Abed: RESULTS. - This interview with Fazle Hasan Abed was taken by RESULTS during one of Abed’s visits to the
United States


3. Interview with Fazle Hasan Abed: New Age. - Through the Eyes of Fazle Hasan Abed: Soldiering Development all the Way. - This interview with Fazle Hasan Abed appeared in the daily Bangladeshi newspaper New Age on
August 27, 2004

4. Interview with Fazle Hasan Abed: IFPRI forum. - Chairperson's interview in IFPRI forum (Volume I, 2009)

FORUM: BRAC has recently expanded to several countries in Africa. In what ways do lessons from your experiences in Bangladesh apply and not apply in the African context?

Abed: The key elements of BRAC's approach to comprehensive rural development and poverty alleviation are piloting in response to an emerging challenge; learning, adapting and innovating from the experience; and scaling up to achieve national-level impact. BRAC believes in flexibility in operations, attention to detail, learning from mistakes, necessity for change, continuous training for capacity enhancement of staff, and sensitivity to local cultural values and customs. These principles and values have been helpful guides in BRAC operations outside Bangladesh. The ground realities within which BRAC's approach evolved are widespread poverty, governance failure, the uncertainties and frustrations of post-conflict political environments, deep inequities, weak and missing markets that fail to serve the poor, and unnecessary and preventable deaths. Despite complex differences across countries and cultures, we felt our experiences of working with the poor in these realities and the relatively lower cost of using experienced Bangladeshi staff for training locals at the initial stage of replication gave us an edge over many organizations working in international development.


Before we started work in
Africa, we went to Afghanistan in 2002. By 2005, we were inspired by our ability to adapt the BRAC approach to Afghan ground realities, by the positive response from local leaders and people, and by the rapid expansion of operations within a short span of time. We felt that we may have something to offer from our combined experiences in Bangladesh and Afghanistan to further energize and accelerate poverty-alleviation efforts in other countries of the South. It is this spirit of South-South camaraderie that drives and underpins our overseas work.


The African context itself is widely varied. We work in relatively stable and growing economies such as
Uganda and Tanzania. We also work in post-conflict countries with their own diverse complexities, such as Southern Sudan, and recently in Liberia and Sierra Leone. Our entry point is the microfinance program, which allows us to build the outreach and the community-level social infrastructure on which we build other activities in healthcare services and agriculture. Making an impact at the national level is one of the core objectives driving our work in Africa. With the strong track record of our work in Bangladesh and Afghanistan, our willingness and ability to adapt and deliver, and the strong support of many top leaders in African countries as well as of donor agencies, civil-society leaders, and think tanks in developed countries, we feel that we can create effective pro-poor  evelopment and an alliance with a southern core.

FORUM: BRAC has participated in partnerships with the private sector. What kids of innovations do you see emerging from the private sector? How can the private sector be more engaged in reaching the poor in ways that benefit both business and the poor?

Abed: BRAC has never shied away from entering into the private-sector domain as a pro-poor actor, to create more secure and rewarding links between the market and the livelihoods of the poor. This has led BRAC to venture into many frontier-market developments that create backward and forward linkages to the enterprises of the poor. BRAC experiments in high-risk ventures have sometimes shown the private sector ways to invest in a new area.


For instance, when BRAC started introducing highyielding poultry as an enterprise for poor women borrowers, it soon became apparent that a timely supply of quality day-old chicks was a major constraint, which led BRAC to set up hatcheries that are run commercially.

Another constraint was high-quality poultry feed; that led BRAC to engage in marketing imported hybrid maize seeds, and setting up feed mills. A whole system of logistics management had to be woven around these enterprises to connect to the poultry business of the poor. This is why at BRAC we like to refer to our commercial enterprises as ‘program-support enterprises.’ Such an approach to building viable private-sector enterprises as a pro-poor actor with the explicit aim of poverty alleviation requires an innovative structure of ownership and governance. The private sector’s partnership with NGOs is driven mainly by two factors: commercial and regulatory compliance. The most important issue that stands in the way of a meaningful and sustainable partnership is the fact that markets do not attach any premium to “socially responsible” behavior by corporations. This results in traditional private-sector actors concentrating mostly on financial parameters and compliance, which is rewarded by the market. The real potential of a meaningful and sustainable partnership will perhaps emerge from NGOs pioneering sustainable businesses that fulfill a social need and the private sector partnering to bring in core competencies in terms of innovations in products, processes, and financial discipline. This will create efficiencies that will ensure longer-term sustainability.


BRAC’s investment in BRAC Bank Limited (BBL), which focuses on creating access to finance for small and medium enterprises, can be seen as an example. BBL started as a closely held company, with BRAC, Shorecap (a U.S.-based investment company), and the IFC as sponsors. Shorecap, which has experience in this sector, and BRAC, which has a strong background in financing microenterprises, leveraged their synergies to the benefit of BBL. Today, BBL is a public limited company that is considered a pioneer and a role model in the field of smalland medium-enterprise financing.

Articles by Fazle Hasan Abed:

1. "The Emergence and Present Status of NGOs in Bangladesh: A BRAC Perspective" - This article by Fazle Hasan Abed appeared in The Weekly Holiday on December 2, 2002

2. "Bangladesh: Realities of People's Lives" - This article by Fazle Hasan Abed appeared in The State of the World's Children, 1988, a UNICEF publication

Selected publications

Some of Abed's selected publications are:


1. “Promoting Popular Participation: Some Issues”, in: Participatory Development and the World Bank: Potential Directions for Change, Washington, D.C., The World Bank, 1992.


2. “Coping with Disasters: From Diarrhea to Cyclone”. In K.M. Cahill (ed.): A Framework for Survival, New York, Basic Books and Council on Foreign Relations, New York, 1993.


3. “Household teaching of ORT in rural Bangladesh”, Assignment Children (New York), volume 61/62 (UNICEF), 1993.


4. “Social mobilization for EPI in Bangladesh”: In: M. Haq. (ed.) Near Miracle in Bangladesh, University Press Ltd., Dhaka, 1991 (Co-author).


5. “Credit for the rural poor: The case of BRAC in Bangladesh.” Small Enterprise Development: Vol-2, No.-3, 1991.


6. “Controlling a forgotten disease: using VHWS for tuberculosis control in rural Bangladesh”, Bulletin of the IUALTD, 1991 (Co-author).


7. “Oral dehydration therapy: a community trial comparing the acceptability of home made sucrose and cereal-based solutions”, Bulletin of World Health Organisation, 1991 (Co-author).


8. "Role of NGOs in international health". In: M. Reich and E. Marui (eds.): International Cooperation for Health, Auburn House Publishing Company, Dover, Massachusetts (USA), 1989 (Co-author).


9. "Scaling up in health: two decades of learning". In: J. Rohde et. al. (eds.): Reaching Health for All, Delhi, Oxford University Press, 1991 (Co-author).


10. From Disaster to Development, University Press Ltd., 1992 (Co-editor).


11. "Demystifying the control of tuberculosis in rural Bangladesh". In: JM Grange and J. Porter (eds.) Tuberculosis – An interdisciplinary Perspective, London, Imperial College Press, 1999 (Co-author).

Board Appointments

Abed currently holds the following board appointments:


• 2005 – Commissioner, UN Commission on Legal Empowerment of the Poor (CLEP)


• 2002 - Global Chairperson, International Network of Alternative Financial Institutions (INAFI) International


• 2001 - Chairman, Board of Directors, BRAC Bank Limited


• 2001 - President, The Governing Board of BRAC University


• 2000 - Chairman, Governing Body, BRAC


• 1998 - Member, Policy Advisory Group, The Consultative Group to Assist the Poorest (CGAP), The World Bank, Washington, DC


• 1994 - Member, Board of Trustees, Centre for Policy Dialogue (CPD), Dhaka


• 1993 - Chairperson, Ain O Salish Kendra (ASK), a human rights organisation


• 1992 - Chairman, NGO Forum for Drinking Water Supply & Sanitation


• 1990 - Chairman, ‘Campaign for Popular Education’ (CAMPE), an NGO network on education

Awards Received

The fact that Abed has turned his large organisation, with an annual budget of US $ 436 million, 78% self-financing, speaks of his financial acumen and superb management skills. In recognition of his services to society Fazle Hasan Abed has received numerous awards and recognition both nationally and internationally, including:

 

• The Ramon Magsaysay Award for Community Leadership (1980)

• Unesco Noma Prize for Literacy (1985)

• Alan Shawn Feinstein World Hunger Award (1990)

• Unicef's Maurice Pate Award (1992)

• Doctorate of Laws from Queen's University Canada (1994)

• Olof Palme Award (2001)

• Social Entrepreneurship Award by the Schwab Foundation (2002)

• Gleitsman Foundation Award (2003)

• Honorary Doctorate of Education, University of Manchester, UK (2003)

• Gates Award for Global Health (2004)

• UNDP Mahbub ul Haq Award for Outstanding Contribution in Human Development (2004)

• Palli Karma Shahayak Foundation (PKSF) Lifetime Achievement in Social Development and Poverty Alleviation (2007)

• Henry R. Kravis Prize in Leadership (2007)

• Doctorate of Humane Letters, Yale University (2007)

All his colleagues at BRAC, he likes to point out, share these honors with him.

Glimpses of his lifelong efforts, success and achievements can be gleaned from the citations of some of the awards and recognitions that Abed has received:

The Ramon Magsaysay Award for Community Leadership: “in recognition of his organisational skill in demonstrating that Bangladesh solutions are valid for needs of the rural poor in his burdened country.”

The Olof Palme Award of Sweden: “his pioneering work in combating poverty and empowering the poor, especially women. This has been done by initiating and developing BRAC into one of the world’s largest NGO.”

Queen’s University (Canada): “dedicated to improving the quality of life for the landless poor of rural Bangladesh, Abed transmits values to an army of selfless dedicated young men and women working tirelessly in difficult environment of rural villages to realize a dream for their nation.”

University of Manchester: “People around the world who are trying to understand poverty and how it might be reduced, turn to Mr. Abed who has not only built an organisation but also has been creating useful knowledge and disseminating ideas…. If you want to know the state of the art in providing sustainable microfinance and services to poor and how to reach and assist the ultra poor or how to help oppressed women achieve their human rights, you have to look at BRAC, its ideas and its systematic approach to learning from experience.”

Gates Award for Global Health (2004): “BRAC has done what few others have – they have achieved success on a massive scale, bringing life-saving health programmes to millions of the world’s poorest people,” said Bill Gates, co-founder of the Bill & Melinda Gates Foundation. “They remind us that even the most intractable health problems are solvable, and inspire us to match their success throughout the developing world.”

UNDP Mahbub ul Haq Award for Outstanding Contribution in Human Development 2004: “Fazle Hasan Abed is being recognised for his extraordinary achievements in helping the rural poor to combat hunger, disease and illiteracy on a massive scale”.

Henry R. Kravis Prize in Leadership 2007: “Today’s outstanding leaders in the not-for-profit arena also possess many of the same skills required of the most effective entrepreneurs in the for-profit business world. The Kravis Prize was established to celebrate their vision, boldness, and determination. Fazle Abed is such a leader."

Yale University: "With single-minded determination, you have given the poor the means to achieve economic independence, always demonstrating respect for the dignity of every citizen. Your organisation is now offering hope for developing nations throughout the world."

    

  Fazle Abed http://www.brac.net/index.php?nid=104

Born in 1936 in Bangladesh, Abed was educated in Dhaka and Glasgow Universities. The 1971 Liberation War of Bangladesh had a profound effect on Abed, then in his thirties, a professional accountant who was holding a senior Corporate Executive's position at Shell Oil in Chittagong. The war dramatically changed the direction of his life. In the face of the brutality and agony of war, the comforts and perks of a Corporate Executive's life ceased to have any attraction for him. As the then East Pakistan was under virtual occupation, Fazle Hasan Abed left his job and went to London to devote himself to Bangladesh's War of Independence. There, Abed helped initiate a campaign called Help Bangladesh to organise funds for the war effort and raise awareness in the world about the genocide in Bangladesh.

 

The war over, Abed returned to the newly independent Bangladesh to find the economy of his country in ruins. Millions of refugees, who had sought shelter in India during the war, started trekking back into the country. Their relief and rehabilitation called for urgent efforts. Abed decided to initiate his own by setting up BRAC (formerly Bangladesh Rural Advancement Committee) to rehabilitate returning refugees in a remote area in a northeastern district of Bangladesh. This work led him and his organisation BRAC into dealing with the long-term task of improving the living conditions of the rural poor. This experience strengthened Abed’s belief that the poor cannot be expected to organise themselves on their own because of economic insecurity, illiteracy and general lack of confidence. The process of social mobilisation, he felt, must be accompanied by measures to remove these handicaps. Hence, his policy was directed to help the poor develop their capacity to manage and control their own destiny. Thus Alleviation of Poverty and Empowerment of the Poor emerged as BRAC's primary objectives.

 

In a span of only three decades, BRAC grew to become the largest Non-Governmental Development Organisation (NGO) in the world in terms of the scale and diversity of its interventions. As BRAC grew, Abed ensured that it targeted the landless poor, particularly women in rural Bangladesh, a large percentage of whom live below the poverty line with no access to resources and to whom the fruits of conventional development do not even trickle down.


BRAC now works in more than 69 thousand villages of Bangladesh covering over an estimated 110 million poor people in the field of income generation, health care, population control, primary education for children and the like. Abed felt that in the face of the enormity of Bangladesh's problems BRAC had to think big and act on a large canvas. Thus from as early as the early eighties, BRAC worked on a national scale, for example, in reaching oral-rehydration therapy to 13 million homes in a country where diarrhea used to take tens of thousands of lives every year.

 

Abed looks at poverty from a holistic viewpoint. He believes that poverty has to be viewed not only in terms of insufficient income or an absence of employment opportunities but also as a complex syndrome that manifests itself in many different forms. In Abed's multidimensional poverty reduction approach, there is no single anti-poverty panacea and therefore, a range of interventions, often at large scales, comprises BRAC programmes. He also strongly believes that poverty cannot be eradicated without the reconstruction of gender role in the society. Empowerment of women is thus a precondition for sustainable poverty alleviation. Abed has been promoting a development culture with women at the forefront of all activities, be it micro-credit, health, or education. As a result, about 6 million women have so far been organised into over 180,000 groups called Village Organisations. These form the base of multifaceted programmes initiated by BRAC. The logic of these programmes is the creation of an 'enabling environment' in which the poor can participate in their own development and in improving the quality of their lives. BRAC has so far disbursed over US $ 3,900 million as micro-credit to 5 million people, mostly women, with a recovery rate of 98.7%. In 1985, BRAC’s Social Development Programme, Human Rights and Legal Services component was introduced through which women are educated about their legal rights and laws pertaining to family, marriage, and inheritance. Members also participate in a specially designed saving scheme, which provides old age financial security.

 

BRAC's health programme emanates from Abed's deep concern about disease and malnutrition that, he firmly believes, are major contributing factors to poverty. Brac provides preventive, curative and rehabilitative health services to the rural poor and lessons learned over the years have enabled BRAC to restructure the programme to cope with demands of national priority and policy. BRAC's Health Programme now touches the lives of about 100 million people in Bangladesh.

 

Based on his conviction that education is a basic human right and is essential to eliminate poverty, BRAC started its Non-formal Primary Education Programme in 1985 with 22 one-room room primary schools with 30 students in each school. By now over 3.7 million children from poor families have graduated from BRAC primary schools and at present over 1.5 million children, over 65% of whom are girls, are studying in the 52,000 BRAC primary and pre-primary schools spread all over Bangladesh.

 

Many of the innovations pioneered by BRAC in education as well as in health, poverty eradication and rural development have been replicated in many developing countries. Impact study of BRAC programmes shows a consistent improvement in the quality of life of the rural poor. There is a new-formed confidence in rural Bangladesh based on knowledge and enlightenment, and the frequently experienced conditions of famine and epidemics now have become things of the past. Responding to societal needs Abed’s recent projects include the BRAC University (BU), which was launched in April 2001. BU was set up not only to impart knowledge, but also to act as a center of excellence in knowledge creation through research that connects with practice. BRAC University has recently established the James P. Grant School of Public Health, another initiative of Abed, which aims to provide higher education of the highest quality in the field of public health by utilising local resources as a field laboratory for experiential teaching and learning. In order to strengthen the public sector, Abed has also established the Center for Governance studies at BRAC University, which offers a Masters programme in Governance and Development for mid-level civil servants.

 

Among the commercial ventures under Abed’s vision, the BRAC Bank, inaugurated in 2001, functions as a full-fledged commercial bank. It strives to promote broad-based participation in the Bangladesh economy by increasing access to economic opportunities for all individuals and businesses with a special focus on Small & Medium Enterprises (SME). Other commercial ventures include Aarong - a retail outlet and Brac Dairy and Food Project. Where member borrowers could face market failures, BRAC juxtaposed itself in order to institute better linkages between consumers and poor rural producers. For instance Aarong, a successful brand name in Bangladesh today, markets the products of rural artisans; the BRAC Dairy was established to offer a fair price to BRAC members who had invested their loans in cows and were facing barriers at the local markets. The profits from these commercial ventures are plowed back into BRAC’s core development fund.

 

In 2002, BRAC went international. Abed realised that BRAC’s early experience in post-war reconstruction of Bangladesh could be put to good use in order to help a war-ravaged Afghanistan. It registered as a foreign NGO in Afghanistan to rebuild the ancient country that had sustained decades of conflict and war. Since then BRAC has expanded to 24 out of 34 provinces, modifying and designing programmes to fit the specific needs of the Afghan people. BRAC has also established the BRAC Afghanistan Bank, a full service commercial bank with a special focus on the Small and Medium Enterprise sector. In 2004 BRAC also registered as a foreign NGO in Sri Lanka to help the country back on its feet after its east coastal provinces were virtually destroyed by the devastating Tsunami.

 

BRAC After the successful introduction of BRAC’s international initiatives in Afghanistan and Sri Lanka, BRAC launched its development programmes in eastern Africa in June 2006. BRAC has started programmes in Tanzania and Uganda and has been registered in Southern Sudan. BRAC will introduce its unique integrated development approach for poverty reduction in these countries by incorporating health, water and sanitation components along with micro-finance schemes.

 

Constantly evolving, experimenting, and expanding, BRAC is a symbol of determination and dynamism. Bangladesh still suffers from poverty and disease, but BRAC remains steadfast in its commitment to help people fight back. Indeed marked improvements have also been noted in Bangladesh. The economy has grown by more than 5% a year over the last ten years, the number of people living in poverty has dropped 20%, the literacy rate has doubled, infant mortality has been cut by more than half, and life expectancy has risen by 13 years. In all of this BRAC’s contribution is undeniable.

 

With a strong underpinning of an orderly but decentralised system, Abed transmits values to more than 100 thousand dedicated women and men of his organisation who work tirelessly in the difficult rural environment and urban slums of Bangladesh. Firmly committed to improve the conditions of the poor, Abed and his organisation have been fighting the long, hard and sustained battle against all that afflict the impoverished millions in Bangladesh from malnutrition to child mortality, unemployment to population growth, from illiteracy to social injustice. The success of BRAC's efforts can be attributed to the very people it serves, their resilience and resourcefulness in the face of unbelievable odds. In Abed's words, “Civilisation is not of a few great individuals---it is the cumulative actions of all people together, great and small”.

Three and a half decades on, BRAC staff and members still look to Abed for more groundbreaking innovations and unique, visionary ideas and Abed is still insatiable in his thirst for “doing more.” As he has said in an interview in 2004, “If I were thirty-five now instead of sixty-eight, I would do so many other things that I haven’t done...Now at the twilight of my life, I feel that I must complete all the things that I have started.”

  

The BRAC Governing Body consists of sixteen members. They are highly distinguished professionals, activists and entrepreneurs who are elected to the Governing Body and bring their diverse skills and experience to the governance of BRAC. Four meetings of the Governing Body and an Annual General Meeting of the General Body was held in 2008.

BRAC Governing Body Members (2008 - 2009)

Member Name

Position

Mr.  F. H. Abed

Chair

Ms. Taherunnesa Abdullah

Member

Ms. Shabana Azmi

Member

Mr. Faruq A. Choudhury

Member

Dr. Timothy G. Evans

Member

Mr.  Kazi Aminul Huque

Member

Mr. Syed Humayun Kabir

Member

Dr. Ainun Nishat

Member

Ms. Maria Otero

Member

Mr. Latifur Rahman

Member

Ms. Rokia Afzal  Rahman

Member

Ms. Luva Nahid Choudhury

Member

  

Mr. Shafiq ul Hassan

Member

Dr. Mahabub Hossain

Member (ex-officio)

Mr. Muhammad A. (Rumee) Ali

Member (ex-officio

   

Sideway references:

From sustainable banking conference

Hari BhambraSenior Partner, Praesidium LLPHari Bhambra is a Senior Partner at Praesidium LLP. Praesidium is accredited by theprestigious SII to offer the Islamic Finance Qualification and the DIFC Rules and Regulations.Mrs Bhambra was part of the development and drafting team of both the FSA (London) andDFSA (DIFC). She drafted parts of both regulatory structures including the development ofthe supervisory philosophy of both regulators.She was the architect of the DIFC Shari’a Systems Regulatory Model and the key driver of the1st Mutual Recognition model for cross border flows of Shari’a compliant capital marketproducts. She is the author of the DIFC Guide to Islamic Finance and is also a member of theDIFC Islamic Finance Advisory Council (IFAC). Mrs Bhambra received her commercial trainingat top Investment bank Goldman Sachs International, London.She is a Postgraduate in Law and she received her LLB Hons (2:1) from the University of EastLondon, her LLM (Merit) from University College London and her Diploma in Legal Practicefrom the prestigious College of Law, London. She has authored many articles on IslamicFinance and speaks on the subject at events held across the globe. She receives Shari’a

tuition from scholars in Egypt

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