PresentationOf

‘’Entrepreneurship is the approach of career development’’

Sub: Entrepreneurship

Group MembersGroup Members

Omar AsifOmar Asif -- 122-0062-531122-0062-531Sultan Mahmud RanaSultan Mahmud Rana - 122-0157-531- 122-0157-531JoydabJoydab -- 122-0027-531122-0027-531

Samson H. Chowdhury was born on 25 September Samson H. Chowdhury was born on 25 September 1925 at Ataikula in Pabna Bangladesh. 1925 at Ataikula in Pabna Bangladesh. He was an entrepreneur in Bangladesh and was a Chairman of Square (Bangladesh).

EducationEducation

He studied at the He studied at the Scottish Church Scottish Church CollegeCollege in Kolkata, in Kolkata, IndiaIndia. . He completed a He completed a management training management training course jointly course jointly sponsored and sponsored and conducted by conducted by University of Dhaka and University of Dhaka and Harvard University.Harvard University.

Personal lifePersonal life

In 1947. On the 6th of August, when Samson Chowdhury was 22 age, he got married to a 15 ears old girl named Anita Biswas.

Working lifeWorking life

Samson worked for the postal department for several years at Pabna. His duty was to make correspondence.

After completing his education he returned home, where his father was working as a medical officer in an outdoor dispensary. In 1952 he started a small pharmacy in Ataikula village

Samson Chowdhury was elected president of the Bangladesh Baptist Church Fellowship (BBCF) and was honorary general secretary for 14 years, between 1956 and 1969. He was a president of both the National Church Council of Bangladesh and the National Evangelical Alliance.

He also served as a vice president of the Baptist World Alliance from 1985 to 1990.

Establish of SquareEstablish of Square

In Pabna, there was a HinduIn Pabna, there was a Hindu

pharmacist who used topharmacist who used to

manufacture an anti-malariamanufacture an anti-malaria

mixture. Later the personmixture. Later the person

established a pharmaceuticalestablished a pharmaceutical

company, named Edruk. Thiscompany, named Edruk. This

Boosted the confidence ofBoosted the confidence of

ever enthusiastic Samson – ever enthusiastic Samson – 'if

they can establish a

Pharmaceutical company from

a small medicine factory, why

can't I?'

Establish of Square (con)Establish of Square (con)

Samson hadSamson had threethree goodgood

friendfriends named Dr Kazinamed Dr Kazi

Harunar RashidHarunar Rashid,, Dr PK Saha Dr PK Saha

and Radha Binod Roy. Oneand Radha Binod Roy. One

time Samson shared histime Samson shared his

idea withidea with threethree good friendgood friends,,

theythey happily agreedhappily agreed it.it.

Finally they made aFinally they made a

partnership plan to build apartnership plan to build a

pharmaceutical company.pharmaceutical company.

Samson named its Square.Samson named its Square.

Establish of Square (con)Establish of Square (con)

In 1958, Square started its journey with just Tk 17000.In 1958, Square started its journey with just Tk 17000. TheThe

four friendsfour friends gave two to three thousand taka each.gave two to three thousand taka each. SamsonSamson

opening a small factory. He recruited 12 workers. opening a small factory. He recruited 12 workers. The firstThe first

medicine they manufactured was blood purifier 'Eastonmedicine they manufactured was blood purifier 'Easton

Syrup‘,Syrup‘, But they can’t make any profit. As a consequenceBut they can’t make any profit. As a consequence,,the four partnersthe four partners had to invest more moneyhad to invest more money, , third year thethird year the

total investment increased to Tk 80,000.total investment increased to Tk 80,000. In the fourth year,In the fourth year,

Square managed to generate some profit, and that was theSquare managed to generate some profit, and that was the

beginning. It has never looked back.beginning. It has never looked back.

Establish of Square (con)Establish of Square (con)

In 1962, the company opened a branch office at Hatkhola inIn 1962, the company opened a branch office at Hatkhola in

Dhaka. In 1964, it was converted into a private limitedDhaka. In 1964, it was converted into a private limited

company with an authorized capital of Tk 500,000 and a paidcompany with an authorized capital of Tk 500,000 and a paid

up capital of Tk 400,000. The turning point for Square was inup capital of Tk 400,000. The turning point for Square was in

1974 when the company became a licensee of Janssen1974 when the company became a licensee of Janssen

Pharmaceutical, Belgium, a subsidiary of Johnson andPharmaceutical, Belgium, a subsidiary of Johnson and

Johnson International, USA.Johnson International, USA. This companyThis company motivatedmotivated

Square to modernize their manufacturing plant and to adoptSquare to modernize their manufacturing plant and to adopt

international standards in manufacturing medicines.international standards in manufacturing medicines. Finally,Finally,

Square done the opportunitySquare done the opportunity ..

Establish of Square (con)

The 1982 drug policy restricted manufacturing ofThe 1982 drug policy restricted manufacturing of1,700 medicines by multinational companies as part of1,700 medicines by multinational companies as part ofa plan to provide opportunity for local pharmaceuticala plan to provide opportunity for local pharmaceuticalcompanies to flourish. Square took full advantage ofcompanies to flourish. Square took full advantage ofthis, and within three years, it became the marketthis, and within three years, it became the marketleader among all national and multinational companiesleader among all national and multinational companiesin 1985. Square has successfully retained opportunityin 1985. Square has successfully retained opportunitythe same top position since then. In 1987.the same top position since then. In 1987.

Square became the first Bangladeshi pharmaceuticalSquare became the first Bangladeshi pharmaceuticalcompany to export products abroad.company to export products abroad.

The wordsThe words of of SQUARESQUARE

Samson H. ChowdhorySamson H. Chowdhory said that –said that –

""We named it Square, cause we, four friends, We named it Square, cause we, four friends, built the company. The other significance of built the company. The other significance of the name to me is that the four sides have to the name to me is that the four sides have to be equal to make it a square that symbolizes be equal to make it a square that symbolizes accuracy and perfectionaccuracy and perfection."."

Current Position of Current Position of SQUARESQUARE

The company is, as of 2014, a publicly The company is, as of 2014, a publicly listed diversified group of companies listed diversified group of companies employing more than 30,000 people. employing more than 30,000 people. The current yearly group turnover is The current yearly group turnover is about 700 million USD.about 700 million USD.

Position of Samson H ChowdhuryPosition of Samson H Chowdhury

Chairman, Square GroupChairman, Square Group.. Former Vice President, Baptist World Alliance, 1985-1990Former Vice President, Baptist World Alliance, 1985-1990.. Former Chairmen, Micro Industries Development & Services Former Chairmen, Micro Industries Development & Services

(MIDAS).(MIDAS). President, Metropolitan Chamber of Commerce & Industries, President, Metropolitan Chamber of Commerce & Industries,

Dhaka in 1996 and 1997.Dhaka in 1996 and 1997. Vice-President: International Chamber of Commerce, Vice-President: International Chamber of Commerce,

Bangladesh.Bangladesh. Chairman, Central Depository Bangladesh Ltd.Chairman, Central Depository Bangladesh Ltd. Member, Advisory Committee of the Bangladesh Member, Advisory Committee of the Bangladesh

Association of Pharmaceutical Industries.Association of Pharmaceutical Industries. Honorary Member, Kurmitola Golf ClubHonorary Member, Kurmitola Golf Club

Honor and AwardsHonor and Awards

"Business Executive of "Business Executive of the Year" by American the Year" by American Chamber in Bangladesh Chamber in Bangladesh in 1998.in 1998.

"Best Entrepreneur of "Best Entrepreneur of the Country for the year the Country for the year 2000–2001" by the Daily 2000–2001" by the Daily Star and DHL Star and DHL Worldwide Express.Worldwide Express.

Honor and Awards Honor and Awards (con)(con)

"Special contribution in "Special contribution in country's industrial and country's industrial and commercial sectors for commercial sectors for the year 2003" by the year 2003" by "Mercantile Bank Award "Mercantile Bank Award 2003" For 2003" For Uncompromising Uncompromising Business Ethics.Business Ethics.

Honesty & Transparency Honesty & Transparency of the year 2005 by of the year 2005 by "Banker's Forum Award - "Banker's Forum Award - 2005".2005".

Honor and AwardsHonor and Awards (con) (con)

ICAB National Award ICAB National Award "Best Published "Best Published Accounts and Reports Accounts and Reports 2006 in the 2006 in the Manufacturing Sector".Manufacturing Sector".

NBR Award one of the NBR Award one of the Highest Tax-Payers in Highest Tax-Payers in 2007-2008.2007-2008.

Honor and Awards Honor and Awards (con)(con)

Recipient of CIP Recipient of CIP (Industry) 2009-2010 (Industry) 2009-2010 status by the status by the Government of The Government of The Peoples Republic of Peoples Republic of BangladeshBangladesh

Date of DiedDate of Died

Samson H Chowdhury was recognized as a Global Business Leader in our country and also an icon of all Bangladeshi private sectors. The Founder Chairman Mr. Samson H Chowdhury died on 5th January, 2012 in the Raffles Hospital at Singapore & his aged 86. . He was one of the best entrepreneurs of Bangladesh.

SQUARESQUARE Groups Groups