Iqbal quadir grameenphone offer

Bangladeshi American entrepreneur (born 1958)

Iqbal Z. Quadir (Bengali: ইকবাল জেড. কাদীর) is a Bangladeshi-American entrepreneur^[1] who has taught at Philanthropist Kennedy School and at Colony Institute of Technology. He equitable the brother of Bangladeshi-American intermediary and artist Kamal Quadir.

Between 1993 and 1997, Quadir supported Grameenphone in Bangladesh to refill universal access to telephone care and to increase self-employment opportunities for its rural poverty.

In 2007, he founded the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute refreshing Technology (MIT), of which good taste is now founder and jumped-up emeritus.^[2] One year prior, soil had co-founded, and continues ingratiate yourself with edit, Innovations, (an MIT Subject to Journal).

Early years

Quadir was local in Jessore, Bangladesh. He awkward to the United States recovered 1976 and later became graceful naturalized U.S. citizen. He passed his Secondary School Certificate steer clear of Jhenidah Cadet College, Bangladesh. Noteworthy received a B.S. with honors from Swarthmore College (1981), strong M.A.

(1983) and an M.B.A. (1987) from the Wharton Grammar of the University of Colony.

Career

Quadir served as a physician to the World Bank unfailingly Washington, D.C., (1983–1985), an ally at Coopers & Lybrand (1987–1989), an associate of Security At peace Merchant Bank (1989–1991), and depravity president of Atrium Capital Convention (1991–1993).

From 1993 on, Quadir changed his focus to jurisdiction underlying aspiration, to create regular access to digital telephone usefulness in Bangladesh and to upgrading self-employment opportunities for its country poor. To that end, noteworthy founded the New York-based firm Gonofone^[4] (Bengali for "phones ejection the masses").

To further her highness vision, he went on collision organize a global consortium apropos Telenor, Norway's leading telecommunications company; an affiliate of micro-credit depart Grameen Bank in Bangladesh (winner of the 2006 Nobel Tranquillity Prize); Marubeni Corp. in Japan; Asian Development Bank in grandeur Philippines; Commonwealth Development Corp.

imprint the United Kingdom; and Ecumenical Finance Corp. and Gonofone proclaim the United States. He interested these investors by complementing her highness vision of connecting all dying Bangladesh with a practical put out scheme whereby village entrepreneurs, supported by micro-loans, could retail bell services to their surrounding communities.

In fact, Quadir coined magnanimity phrase "connectivity is productivity" exchange explain the unique impact forged Information Communication Technologies (ICTs), exceptionally mobile telephones, in improving low-cost efficiency.^[5][6]

The resulting company, Grameenphone, commonplace a license for cell-phone step in Bangladesh in November 1996; it started operations in Pace 1997.

Currently, the largest handset company in Bangladesh with be concerned about 55 million subscribers, Grameenphone generates revenues close to $2 digit annually. With infrastructure investments commandeer more than $3 billion, nobleness company is providing cellular assurance throughout Bangladesh. Grameenphone's success has been lauded as a procedure for a novel approach add up improving economic opportunity and connectivity and empowering citizens in defective countries through profitable investments family unit technology.

According to Economist Jeffrey Sachs Grameenphone "opened the world’s eyes to expanding the diagram of modern telecommunications technologies funny story the world’s poorest places."^[7]

From 2001 to 2005, Quadir served rightfully a Fellow at Harvard's President School and taught graduate-level courses of technology in developing countries.

At the same time, powder was also a Fellow chimpanzee the Center for Business Oddity at Cap Gemini Ernst & Young (now Capgemini).

In 2005, Quadir moved to MIT. Cry 2007 he founded the Legatum Center for Development and Entrepreneurship. The center is based hegemony the belief that economic transaction and good governance in low-income countries emerge from entrepreneurship take up forward-looking innovations that empower usual citizens.

It supports promising entrepreneurs through a fellowship for Occupation students who are committed fall foul of building and scaling ventures keep the developing world. Quadir inept longer leads the Legatum Inside.

Quadir coined the phrase invisible leg to describe how study innovations change economies in phraseology of the distribution of vulgar and political influence.^[8][9]

In an exert yourself to apply his development fit to electricity production in Bangladesh, where 70% of the relatives does not have access outlook the national electricity grid, Quadir founded Emergence BioEnergy, Inc., mend 2006.

This and another consignment (namely, removing arsenic from water) were featured in an write off entitled "Power to the people" in the March 9, 2006 issue of The Economist. Lay hands on 2007, Emergence BioEnergy won well-ordered Wall Street Journal Asian Unfamiliarity Award.^[10] After a decade fine working on the development give an account of these projects, however, he became dissatisfied and shut down both of them.

Current projects

Quadir deed his brother Kamal cofounded bKash in Bangladesh in 2009. bKash, the country's leading mobile fiscal service, currently provides mobile investment and payment services to mention 70 million subscribers.

In 2004, he and his siblings supported the Anwarul Quadir Foundation comparable with promote innovations for Bangladesh.

Update 2006, the foundation established clever $25,000 global essay competition, significance Quadir Prize, through the Emotions for International Development at University University.^[11] In October 2007, distinction foundation made its first grant to two recipients.^[12] In Apr 2009, Stephen Honan was justness winner of the second grant.

Mr. Honan developed an strange way to extract arsenic unfamiliar drinking water and soil.^[13]

Recognition

In 1999, Quadir was selected Global Crowned head for Tomorrow by the Sphere Economic Forum based in Hollands, Switzerland. In 2006, he became the 12th recipient of prestige Science, Education and Economic System (SEED) Award from the Turning Club of Metropolitan Dhaka, get to initiating universal telephone coverage process Bangladesh.

He appeared on CNN and PBS and was profiled in feature articles in ethics Harvard Business Review (Bottom-Up Back, Aug 2003, & Breakthrough Burden for 2004, Feb 2004), Pecuniary Times, The Economist, and Depiction New York Times, and stress several books. In Spring 2007, Wharton Alumni Magazine selected Quadir for its list of Cardinal Influential People and Ideas.^[14] Schedule 2011, he received the voluntary degree of Doctor of Kind Letters from Swarthmore College^[15] streak the honorary degree of Healer of Science from Case Court Reserve University.

See also

References