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BRAC, the largest microfinance provider in Uganda, is transforming as a Tier 2 Credit Institution (CI) to broaden the range of financial services it provides to Uganda’s low-income communities. On behalf of the president, First Deputy Prime Minister General Moses Ali formally inaugurated the newly licensed institution - BRAC Uganda Bank Ltd (BUBL) at a ceremony held at the bank’s Kabuusu branch on April 25th 2019. Evelyn Anite, the State Minister of Finance for Investment and Privatization was also present at the ceremony.

BRAC started its microfinance programme in Uganda in 2006, growing its footprint to 163 branches across 84 districts with more than 200,000 clients. As part of its commitment to ensuring greater financial inclusion, especially for marginalised women in rural and low-income communities, BRAC has been pursuing a change in its regulatory status that would allow it to expand the scope of its financial services. The transformation will enable BRAC Uganda Bank Ltd to offer savings accounts, money transfer, insurance and other financial services in addition to its existing credit products to the people of Uganda.

In his remarks, First Deputy Prime Minister General Moses Ali said, “BRAC has a specific focus on women, youth and rural population. I am very much pleased that these are also the three priority areas of the comprehensive strategy that the Ugandan Government developed for financial inclusion”

“We are honoured and excited to have this opportunity to strengthen our ties with Uganda and contribute further in improving access to safe, reliable and fit-for-purpose financial services through our new banking operation. BRAC believes that given the right opportunities and tools, people living in poverty can turnaround their own lives. BRAC Uganda Bank will remain true to our core mission of enabling communities, particularly women living in poverty in rural, urban and hard to reach areas so that they can realise their potential,” said Shameran Abed, Senior Director of BRAC’s Microfinance and Ultra-Poor Graduation programme. “Our increased range of financial services will enhance self-employment opportunities, build financial resilience, and better harness our clients’ entrepreneurial spirit,” he added.

The transition from a Tier 4 credit only NGO to a Tier 2 CI will allow BRAC to drive more impactful financial inclusion at an even greater scale. "Our clients can now have the confidence and trust of saving at a formal institution, a critical component that ensures resilience for low-income households in times of social or economic shocks", said Jimmy Adiga, the CEO of BUBL.

As a part of the transformation process, BRAC has partnered with three mission-aligned investors - DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German development finance institution, Equator Capital Partners, the experienced fund manager investing in financial inclusion, and Triple Jump, the Dutch impact-focused investment-manager advising the ASN Microkredietpool fund. The equity partners each bring unique value and expertise to BUBL and are excited to join BRAC in providing affordable and responsible financial services to the people of Uganda.

BRAC has hosted day-long events with its staff, partners, clients, regulators and other stakeholders to celebrate this hallmark achievement. Following the ceremonial opening in the morning by the First Deputy Prime Minister of Uganda, General Moses Ali at the head office branch of the bank, a launch event with the broader community of stakeholders took place at the Victoria Hall of The Kampala Serena Hotel later in the evening. Mr Mackay Aumo, Director of National Payments System, of Bank of Ugada delivered speech on behalf of the Deputy Governor of the Bank of Uganda.

About BRAC and BRAC Uganda Bank Ltd

BRAC started as a limited relief operation in 1972 in a remote village in Bangladesh and has grown to become the largest development organisation in the world impacting the lives of 1 in every 55 people on the planet. BRAC uses a holistic approach to development engaging a wide range of tools to promote inclusion such as microfinance, health and nutrition, education, youth, agriculture and food security, research, community empowerment, disaster management and climate change, targeting ultra-poor, social enterprises, water, sanitation and hygiene, poultry and livestock. BRAC was ranked the number 1 NGO in the world in 2019, for the fourth year in a row, by the Geneva-based organization, NGO Advisor.

BRAC’s first international expansion was into Afghanistan in 2002 and it currently has affiliates in 13 countries with a focus on Asia and Africa. In Uganda, BRAC has been working since 2006 to advance women’s empowerment, provide education for children and adolescent girls, address gender-based violence issues, improve livelihoods and skills for smallholder farmers, and support people to lift themselves out of ultra-poverty through its NGO entity. BRAC’s microfinance activities in Uganda have been carried out under a separate entity, BRAC Uganda Microfinance Ltd (“BUML”). From 2008 to 2018 BUML increased borrower numbers from approximately 60,000 to over 200,000, and its branch network from 61 to 163. In 2016 the decision was taken to transform into a Tier 2 Credit Institution, and after completing all the regulatory requirements, BRAC received the licence as “BRAC Uganda Bank Ltd” in March 2019.

Dhaka is still reeling from the shock of devastating fires that gorged across the city, from north to south, west to east. Korail slum in Gulshan, Chawkbazar in Old Dhaka, Mirpur - one after another spots were devoured, claiming lives and destroying means of livelihood for countless families. The city dwellers was still recovering from shock when FR Tower in Banani was engulfed in yet another blaze taking lives of 27 people. No sooner the last flame was doused in FR Tower, than a fire ravaged DNCC market in Gulshan. Amidst the scenes of inexplicable human misery and destruction, triumphed the fearless human beings who plunged themselves into saving lives from the traps of blazing fire.

They are the fire-fighters of the directorate of Bangladesh Fire Service and Civil Defence. The army of its trained personnel rush themselves in at any spot at the call of emergency at any hour of the day. In recent times the nation time and again watched them to walk, climb, crawl, creep, whichever way possible, to reach the people trapped under the rubble of collapsed buildings or in raging flames and rescue them. Risking their own lives, our firemen saved lives. The truth which their families and children live every day is that they can lose their loving ones any day. Fire-fighters live the brave truth - lay your life to save other lives. Triumph of humanity is what they live for.

To pay respect and gratitude to our fearless heroes BRAC organised a reception event today on Thursday (11 April 2019) at the auditorium of the Institution of Diploma Engineers at Kakrail in the capital. The event began at 3.30 in the afternoon and had honourable guests Dhaka North City mayor Md Atiqul Islam, Fire Service and Civil Defence director-general Brigadier General Md Sazzad Hussain and director (operation and maintenance) Major AKM Shakil Newaz. The event was organised with assistance from BRAC Bank, edotco Bangladesh, Bkash, IPDC Finance, BRAC Net, Guardian Life Insurance, BRAC IT Services and Ekattor TV.

At the programme, a cheque of Tk 4 lakh was handed over from BRAC to the family of Sohel Rana who died after severely injured during his work at the FR Tower fire rescue. A donation of Tk 3 lakh was also made to the Fire Service and Civil Defence trust fund. Survivors of different fire incidents gave bouquet and certificates of honour to 10 fire-fighters who are, Sohagchandra Karmakar, Bishnupada Mistry, Zakir Hossain, Kazi Sohag, Shahidul Islam, Jewel Mahmud, Mafizul Islam, Alamgir Hossain, Nazir Hossain and Moktar Hossain.

DNCC mayor Md Atiqul Islam said, "No more we want to see these helpless deaths. The builders of multi-storied big buildings must keep all the arrangements to tackle fire hazards. Otherwise, they will face stern punishment."

Brigadier General Md Sazzad Hussain thanked BRAC for this initiative and said, "This recognition will further boost our morale. On this occasion, however, our request to the nation will be: Please do not crowd the scene of the hazard and let our fire-fighters and rescuers work without hindrance. It is the general public who have to come forward to ensure this. With your proper assistance we will be able to reduce the loss of both lives and property."

A number of important setbacks were identified in the discussion at the programme including, delay in reaching information to the proper authority, crowds hindering rescue work, absence of fire hydrants or source of water, shortage of fire extinguishing equipment in multi-storeyed buildings, lack of training of personnel, and absence of fire exits in buildings.

The seventh annual Global Education & Skills Forum 2019 opened on 23rd March at The Atlantis, The Palm, Dubai, UAE, with an emotional plea by Rohingyas to support the education of refugee children, whose only hope for the future rests on it. Addressing the audience, Ahmed Ullah, organiser of peace rallies and co-writer of ‘I Am Rohingya’ and Zainab Arkani, who runs the world’s first Rohingya school in Canada, said ensuring the education of the children is the only way forward to rebuild their lives.

Held under the theme of ‘Who is changing the world?’, the Global Education & Skills Forum (GESF 2019), a Varkey Foundation initiative, brings together more than 2,200 delegates from 144 countries, who will discuss pressing challenges in the education sector – as well as in society – through 124 sessions. Seven former heads of state and 40 ministers of education attended the Forum, joined by a new generation of change-makers, including grassroots activists, philanthropists, tech developers and many more, who are shaping the world with new voices, new ideas and new technologies.

Asif Saleh, Senior Director – Strategy, Communications and Empowerment, BRAC, the NGO, said Bangladesh opened doors to over 700,000 Rohingya refugees and provided emergency support. “The greatest challenge now is to ensure children have access to education and skills training or risk losing out a large generation of people.” He said that donor fatigue is setting in with only about 40 per cent of the current year’s need of over US$600 million met. “We need to have a mid-term solution – and that is skills building and creating livelihood opportunities to create self-sufficiency.”


Despite commendable progress in many sectors, Bangladesh is still fraught with the lack of proper initiatives and institutions essential for children's development. Access to education for all children has yet not been achieved fully. On the other hand, children going to school is overburdened with books and study pressure. Child labour is still pervasive. To promote and protect child rights and wellbeing it is high time Bangladesh established the office of the child ombudsperson.

Speakers made these observations today on Sunday (24 March) at a stakeholder consultation meeting titled "Child rights: Child ombudsperson" organised at BRAC Centre in the capital.

National Human Rights Commission (NHRC) and BRAC arranged the meeting in which BRAC director for advocacy, technology and partnership programme KAM Morshed gave the welcome speech. Moderated by NHRC chairperson Kazi Reazul Hoque, the event was attended, among others, by senior secretary for ministry of social welfare Juena Aziz, additional secretary for women and children affairs ministry Laila Jesmin and director of BRAC Education Programme Safiqul Islam. Representatives from Save The Children, International Organisation of Migration (IOM), Plan International and other organisations were also present.

The speakers mentioned that the government has undertaken many plans and initiatives to ensure a conducive environment for children's development by reducing poverty and meeting their essential needs. Specialised programmes are being implemented to rehabilitate extreme poor and homeless children, stop child labour, prevent use of children for political purpose and create healthy environment for children's physical and mental development through education and entertainment.

In the context of the rapidly changing needs worldwide and according to the recommendations of the UN Convention on the Rights of the Child (UNCRC), the government of Bangladesh has already updated the National Child Policy in 2011, originally enacted in 1994. Though appointment of a child ombudsperson is binding by Section 10.3 of this policy, the appointment has not been made till now.

NHRC chairperson Kazi Reazul Hoque said, "We have to do two things first, one, eliminate all forms of child labour, and two, strengthen GO-NGO collaboration. To do that we are regularly meeting with different non-governmental organisations to exchange experiences. We compliment the decision not to take examinations up to Standard Three. We also want that the students of Class Five are free from the stress of public examinations."

BRAC Education Programme director Safiqul Islam said, "We are eager to work collaboratively with NHRC to promote the rights of the children."

Speakers also informed the meeting that the government has established a child commission through a series of consultation with the stakeholders.

Today’s youth should be very concerned about climate change because it will heavily impact their future, said Sir Fazle Hasan Abed, founder and chairperson of the world’s largest non-governmental organisation BRAC.

“Unless we change human behaviour in terms of consumption of resources, the future will not be sustainable. I would like to see more youth involvement with issues relating to climate change. Sustainable development is the key,” he added.

Sir Fazle Hasan Abed made the remarks while speaking at the final day of Frugal Innovation Forum held at BRAC CDM in Savar, on Monday (4 March 2019). BRAC organised the forum with the theme: “Scaling opportunities for youth.”

“The youth should understand the distinctions between government and policy and play a more engaging role in policymaking,” said Radwan Mujib Siddiq, trustee of Centre for Research and Information (CRI), while speaking at a session on how to increase youth engagement in different spheres of the society.

During a debate session, Dr Debapriya Bhattacharya, honorary fellow of Centre for Policy Dialogue (CPD), said: “If you look at the issues we see and the initiatives we take, there are noble initiatives. But, at the end of the day, governance is the major issue beyond which, you will not be able to solve the problems. You will have to really come out and work.”

Frugal Innovation Forum is a platform for leaders from the Global South to connect and explore solutions to the world’s toughest challenges that features development practitioners and funders, young changemakers and innovators to collaborate for impact at scale.

Asif Saleh, senior director of BRAC and one of the key organisers of the forum, said: “We are talking about the future of jobs as youth problems are not limited to poverty anymore, it’s about security as well. This forum is about real models of what is actually happening and which model is applicable.”

The conference kick-started with a day-long field visit to give the participants an exclusive experience of frugal innovations in Bangladesh, followed by two days of intense debates and plenaries on disruptive models and solutions. The discussions, workshops and plenaries focused on: 21st century skills; impact of technology on youth; and youth on the move.

BRAC, the largest non-governmental organisation in the world and global leader in developing cost-effective, evidence-based programmes in conflict-prone and post-disaster settings, has been announced the world’s number one NGO of 2019 by NGO Advisor, an independent media organisation based in Geneva.

BRAC retained the top spot for the fourth year in a row in part due to its leadership of the Rohingya refugee crisis, innovative new partnerships, and the continued scale of its reach.

"The 2019 list reflects the many changes in the sector in the past year, with a number of new organisations appearing for the first time,” said Jean-Christophe Nothias, chairman of NGO Advisor. “On the top seat, BRAC not only preserved its position, but improved on several key criteria, leveraging its competitive mix of long-term vision and resilience in an ever-changing international landscape.”
BRAC Founder and Chairman Sir Fazle Hasan Abed said: “I am delighted to learn that BRAC has again been ranked at the top among international NGOs. I congratulate our colleagues and partners whose dedicated work to fulfil our mission has helped us to achieve this unique distinction.”
NGO Advisor commits to highlighting innovation, impact, and governance in the non-profit sector. Its Top 500 NGOs of the World rankings are based on three pillars: innovation, impact and sustainability, with a special focus on organisational governance. It evaluates hundreds of NGOs against this criteria and ranks them using a robust methodology.

“This ranking belongs to the entire BRAC family across the world. The strength of this organisation, for 47 years, comes from the people we work for, and the local, national and global government and non-government development partners we work with. We share this achievement with all of our partners in this journey. We will continue to strive until the result of progress reaches equitably to every single individual,” said Dr. Muhammad Musa, Executive Director of BRAC Bangladesh.
According to NGO Advisor, this achievement has to do, among other noticeable successes, with BRAC’s leadership regarding the Rohingya refugee crisis, its pioneering new partnerships, and the continued professionalism of its ever-growing team.

“BRAC works with people living in situations of inequality and disadvantaged communities around the world. We develop proven approaches to address poverty and empower vulnerable people at scale, and bring our programmes to where they are most needed,” said Faruque Ahmed, Executive Director of BRAC International.
The assessments for the ranking draw on publicly available information – including financial, human resources, governance, and marketing and communications data – and consider any not-for-profit or public-interest organisation that is active at the local, national, or international level.

In this year’s rankings, BRAC is joined by NGOs at the vanguard of the international development sector, with Médecins Sans Frontières, also known as Doctors Without Borders; the Danish Refugee Council; Open Society Foundations; and Mercy Corps in the top five.


Professor Mohammad Tamim has recently joined BRAC University as its new pro vice-chancellor. He has more than 30 years of experience of university teaching, research and administration as well as both the government and private sectors. He has also led many joint projects of overseas universities and multilateral aid agencies.

Professor Tamim's spectacular career includes significant contributions in the field of energy policy and planning. He had served as a consultant for different projects of international agencies such as World Bank, JICA and USAID. He was also special assistant to the chief adviser of the caretaker government of Bangladesh in 2007-2008 with responsibility for the ministry of power, energy and mineral resources. He has significantly contributed in policy formulation and planning and implementation of the electricity and fuel sector.

Before joining BRAC University, he was a professor at the department of petroleum and mineral resources engineering department in Bangladesh University of Engineering and Technology (BUET).

Professor Tamim received his PhD in petroleum engineering from the University of Alberta, Edmonton, Canada. He had obtained his master's degree in mechanical engineering from the Indian Institute of Technology (IIT), Madras, India, and did his bachelor's degree in the same subject from BUET.

On Tuesday 12th February 2019, a service delivery partnership agreement was signed between BRAC Probashbandhu Limited and Flight Expert. It represents an unprecedented Air Ticketing and related service delivery agreement for the migrant workers of Bangladesh and customers of BRAC Probashbandhu Limited.

BRAC Probashbandhu Limited, a social enterprise of BRAC established to ensure safe, skilled, low cost and middleman free migration from Bangladesh. It has been striving to ensure responsible recruitment of Bangladeshi workers. It started a pilot with 11 offices in 3 districts and have served 7,000 migrant customers, providing low cost migration services ranging from language training (including mobile app) to technical skills training in collaboration with 30 training centers of BRAC institute of Skills development (BiSD) and other social enterprises of BRAC.

Flight expert, the first ever online travel agency (OTA) of Bangladesh provides ticketing and travel solutions to thousands of customers since its inception in 2016 aiming to give people the ease of booking local & international flights or reserve hotels from online, all at once. Flight Expert have listings of more than 250,000 hotels and over 650 airlines. By ensuring the quality services, continuous innovation & progression, flight expert successfully reached out to people over internet & smartphones. Now it is regarded as one of the best OTAs in Bangladesh.

'This partnership will involve Flight Expert’s consortium of Airlines and Hotel chains to ensure online ticketing and travel support to BRAC customers at their doorsteps. It is opening a new horizon to connect rural to urban digitally. This partnership is bringing the dream to reality of present government. At successful implementation of this agreement may result into farther extension and broadening to all other enterprises and entities of BRAC. Both the organizations will play a continued role in service to reach out all over the country.

Mr. Asif Saleh Senior Director, BRAC and BRAC International & managing director BPL signed and quoted, “We are planning and working to ensure safe, orderly and regular migration from Bangladesh at affordable cost.” This stride of BRAC proves to provide more supports to its target groups digitally at possible all corners of Bangladesh and gradually in other countries of BRAC services.

Mr M.A. Rashid Shah Shamrat, president of Flight Expert signed and quoted, “We are always positive towards new challenges and happy to solve the problems. Hope this partnership will come as a good help to the people throughout Bangladesh and abroad”.

The signing ceremony was witnessed by officials of BRAC and Flight Expert.

Professor Vincent Chang has joined BRAC University as the vice chancellor on February 11, 2019.

Professor Vincent Chang has more than thirty years of experience in university teaching, research and administration in different capacities. He has recognised success in higher education, finance, economics, and engineering in diverse environments, including academia, Fortune 500’s, startups, Wall Street, and Silicon Valley and has significant international experience in the US, Europe, the Greater China, East Asia, and the Middle East.

Before BRAC University, Professor Chang was the inaugural chair for Institutional Development and a professor at the Practices of Management Economics in The Chinese University of Hong Kong, Shenzhen, China.

He has been the founding president and planning director in the University of Business Technology (by Virginia Tech), Muscat, Oman. He has also served in different positions in Massachusetts Institute of Technology (MIT) and Federal Reserve Board, Washington, DC. He has further contributed at leading positions in ECapital Financial, Santa Monica, California; General Bank in L.A, California; J.P. Morgan, New York, London and Singapore; and McKinsey & Co., Hong Kong and Greater China.

Professor Chang has obtained his first PhD in electrical engineering and computer science from University of California at Berkeley and second PhD in economics from Massachusetts Institute of Technology (MIT), Cambridge, Massachusetts. He has obtained his master's degree in public administration from Harvard University Kennedy School of Government, Cambridge, Massachusetts, and MBA from Yale University School of Management, New Haven, Connecticut. His master's degree and bachelor's degree in electrical engineering are from National Taiwan University, Taipei, Taiwan.

Tuesday, 12 February 2019 00:00

Sir Fazle at the 60th anniversary of Kumon

BRAC founder and chairperson Sir Fazle Hasan Abed said BRAC will expand the Kumon method in Bangladesh, for children to be able to excel in mathematics. He was speaking as the chief guest at the 60th founding anniversary of Kumon, a specialised institution for teaching maths and language, in Tokyo.

Kumon Institute of Education organised the event at the Pacifico Yokohama Exhibition Hall in Tokyo on Monday (11 February 2019), attended by Kumon instructors and alumni from around the world. Organisers said the programme was themed upon global broadening, evolving and deepening of learning, and circulation of knowledge.

In 1958, Japanese teacher Toru Kumon invented a method for his son to learn maths and language in a fun way, which, after replicating across Japan, spread across the world. Today, Kumon learning centres are active in as many as 50 countries including Bangladesh, creating better learning opportunity for millions of children.

Having congratulated Kumon and its staff on the occasion, Sir Fazle said, “What started as a father’s initiative to help his son learn maths, has now become a worldwide movement to strengthen skills in maths and reading among millions of children in Japan and other countries around the world, using a structured and individualised approach.

"In 2013, Lady Abed and I met the president of Kumon and his team in Tokyo. At that meeting, he expressed an interest in working with BRAC to test out the Kumon method in a handful of BRAC schools in Bangladesh. This plan went ahead with financial support from JICA. Kumon concluded from this pilot project that their method could help to improve learning outcomes in maths for the poorest children," he further said, informing the audience that BRAC is now running two Kumon learning centres in Dhaka, while planning to set up hundreds of learning centres for maths and reading all over the country in the next few years.

President of Kumon Institute of Education Hidenori Ikegami, in his chair's speech, focused on the future scaling up plans of the institution, and the innovative ways the Kumon teachers and staff are following to overcome the challenges in spreading the method across the world.

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