Today marks the third death anniversary of Latifur Rahman, founding chairman of Transcom Group. He passed away on 1 July 2020. On the same date in 2016, Latifur Rahman’s grandson Faraaz Ayaaz Hossain was killed by militants in a brutal attack on Holey Artisan Bakery. Transcom Group’s CEO Simeen Rahman on 1 June 2021 wrote this piece, Our Guiding Light, in their memory. The tribute has been reproduced here:
1 July 2020 was the day our father, Mr. Latifur Rahman, the Founder of Transcom, left us.
It was a bright and sunny morning. We had drawn open the curtains of Abbu’s room in our family home at Cheora, Cumilla, and the room was filled with light. I don’t know why, but at the time that Abbu was leaving us, another bright and sunny day came to mind. We were in the US and were on a road trip in my younger son Faraaz Ayaaz Hossain’s car. Abbu and Faraaz sat in the front and I was at the back. Elvis Presley’s songs were playing, Abbu’s favourite.
Faraaz has been gone for five years now, and Abbu for a year. We miss them terribly.
I remember our childhood, when Abbu was going through a challenging time. After the Liberation War, our family’s jute mills and tea garden businesses had been nationalised, as per the government’s policy. Abbu had to start from scratch, and he also had the responsibility of looking after the entire family. He would start his days early and return at night. During our childhood we didn’t get to see Abbu much. We did however see how Mummy held the family together, how she stood by us and by Abbu. My mother was a pillar of strength for Abbu, through the toughest times, through every struggle, and through every one of his achievements, till his very last moment.
There was one thing Abbu would always do – we as a family would travel together at least twice a year. He would be with us throughout these trips. He would take care of everything – where to go, what to buy, what to eat, everything.
We went to so many places both at home and abroad with Abbu. These trips were not just going somewhere and shopping. On these trips we learnt so much, understood the world and gained perspective. Abbu would take us around the entire city or town we were visiting, it was a must to visit historical sites and of course indulge in the local cuisine.
After he became a grandfather, Abbu would take note of his grandchildren’s holidays and at the beginning of the year he would plan our travels together. I recall in 2017 we visited Italy, Spain and Austria. On that trip we visited Rome, Cordoba, Madrid, Barcelona, Vienna and many other places. Years ago he took us to the island of Capri. There was a reason behind this. When Abbu had been in college, my grandfather had been to Capri and sent Abbu a postcard from there. He had written, “Capri is an extremely beautiful place. At some point in your life, you must bring your family here.” And Abbu did just that.
I joined Transcom in 1990 after I finished my studies. I joined completely on my own accord. My parents never forced any decision upon any of his children about what to study or what we were to do with our lives. In fact, we were under no compulsion to join the business either. Our parents always encouraged and supported us in pursuing our goals. Abbu would give the example of the American-born British businessman J Paul Getty’s son, Gordon Getty. He would say that if he was forced to become a businessman by his father against his will, we would not have had such a successful classical composer.
Abbu would say, “It is up to you to decide what you want to do. But whatever you do, do it with passion. You can join the business if you want, but don’t join against your will and undo what I’ve worked hard to build.” Abbu only wanted one thing very profoundly and that was that we do not settle abroad. Every part of his life was always in Bangladesh. He had nothing abroad.
After completing my studies, I joined Transcom as an Assistant Officer. That was the entry level position in the company.
After I joined Transcom, Abbu told me, “Don’t wait for me to go to the office.” So, I wouldn’t wait for Abbu, I’d find a way to the office myself.
It was Abbu who taught me business. Learning business began at the dining table. He would discuss all sorts of things about business. We would listen. It was, however, from 1998 that Abbu began to actually groom me, after Gulshan Tower became Transcom’s headquarters.
Abbu would make me attend the board meetings. I would watch how he ran the board meetings and what he would discuss. I would listen and observe closely. I would try to understand his way of thinking, how he solved problems and how he encouraged the team. Abbu may no longer be with us, but whenever I face a crisis, I think of what Abbu would have done in that situation and then I take my decisions.
Abbu ingrained certain values into Transcom – the values to ensure the highest level of integrity, ethics and business excellence. He would say, taxes cannot be evaded. There can be no compromise on the quality of any product, even if it means we do less business. We have not budged an inch away from that. At every meeting of the company I say that the highest ethical standards and a hundred percent integrity is our strength. Everyone in Transcom is well aware that there is no compromise on this. Our Founder Chairman’s values come first in this company, then business.
In his career, Abbu was never a loan defaulter, not for a moment. In his absence, we went through hard times over the past one year. The circumstances have been adverse due to the pandemic, not just in Bangladesh, but the world over. I was determined that we would not default on loans. We did not.
I’m proud to share that during the pandemic, in 2020, Transcom’s business was almost equal to that of 2019. In the first six months of the current year, business has been better than before. Abbu would have been so happy.
I am certain we’ll be reunited with Abbu again, on yet another bright sunny day. We will take off together on a road trip with his favourite Elvis Presley’s songs playing
Abbu would always talk about taking Transcom to the next level. I will not reveal what that next level is right now, but I will say that we are working towards fulfilling Abbu’s dream. He would say that 20,000 families’ livelihoods depend on Transcom, that’s 100,000 people. He would say that we were responsible for every single person in the company.
At Transcom, just as we have not moved an inch away from Abbu’s values, neither have we drifted from his principles in the media business. We do have media establishments, but Abbu never interfered in what would be written or what would be published. I firmly believe that this is up to the editors and the journalists. We solely try to help the newspapers move forward as business entities. If the business aspects are strong, the media establishments as a whole will grow.
As a family, Abbu taught us to live simply. He would say, “Live well, but do not be spendthrifts.”
Abbu would speak less, he’d observe and take wise decisions. After we lost our younger sister Shazneen, I saw an incredible mental strength within Abbu. He fought to bring justice for his daughter. He did not break down when we lost Shazneen. He went to court day after day. He would constantly speak with the investigating officers and lawyers.
After we lost Faraaz, Abbu’s mental state was just the opposite. He completely broke down. At that time, a strong bond was forged between Abbu and my son Zaraif Ayaat Hossain. Zaraif remained by Abbu’s side till the very end.
Abbu had a very different relationship with Shazneen and Faraaz. He would have a picture of Shazneen by his bedside and in his suitcase when he was travelling. Faraaz’s picture was on his phone. He did not go to sleep without looking at their pictures.
I saw how he was serious with us, his children, but more of a friend to his grandchildren. After returning home at night, Abbu would have a great time with his four grandchildren.
Abbu was proud of Faraaz. After we lost Faraaz, Abbu would always say, “Faraaz wanted to be like me, but there are so many people like me. Faraaz is truly the exceptional one. Perhaps, were I in Faraaz’s shoes, I don’t know if I would be able to show the courage he did.”
We lost Shazneen, Faraaz and Abbu. I don’t know how many more trials lie ahead. Transcom was like a child to Abbu, and now my goal in life is to take Transcom to newer heights.
I am certain we’ll be reunited with Abbu again, on yet another bright sunny day. We will take off together on a road trip with his favourite Elvis Presley’s songs playing.
Simeen Rahman is the CEO of Transcom Group and Latifur Rahman’s eldest daughter