After Bangladesh fought a war to become independent, Abed, 77, established BRAC to aid the rural poor, including 10 million returning refugees". Fazle Hasan Abed, who was knighted in 2010, has built BRAC into the world’s largest non-profit organisation, with over 100,000 employees serving millions in 10 Asian and African countries including Sri Lanka to bring them out of poverty through innovative ways, it continued. BRAC holds BRAC Lanka (Guarantee) Ltd, BRAC Lanka Investments PVT Ltd and BRAC Lanka Finance Plc in Sri Lanka.
Pope Francis, German Chancellor Angela Merkel, Ford Motor Co CEO Alan Mulally, US investor Warren Buffet and former US President Bill Clinton grab the top five positions on the Fortune’s list.
Other notable persons on the list include Myanmar’s democratic leader Aung San Suu Kyi, singer Bono, Tibet’s religious leader the Dalai Lama, actress Angelina Jolie and education activist Malala Yousafzai. Sir Fazle Hasan Abed is the initiative Bangladeshi who strived alone to have made it to the list.
Over the course of the last four decades, BRAC has grown to become the largest development organization in the world in terms of its scale and outreach and its holistic approach to poverty alleviation and the empowerment of the poor, particularly women, has been widely acknowledged as one of the most effective.