Beginning my career at KPMG provided me with a platform to pursue my academic interests in performance management, business process improvement and human capital development in a professional setting. Working within specialized teams across various industries on varied assignments I was able to gain valuable industry insights and cultivate skill sets that would eventually enable me to start my own management consultancy company serving a small group of contractors in the dredging industry.

From relatively humble beginnings, myself and a dynamic team of project management professionals assembled under my stewardship have grown from strength to strength and now oversee operational management of one of the largest privately owned dredging companies in South Asia, playing an active role in the development of Bangladesh by implementing large scale marine and riverine infrastructure development projects.

I am an inquisitive soul, a budding entrepreneur, a firm believer of conscientious leadership and in the indomitable nature of the human spirit.

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Beginning my career at KPMG provided me with a platform to pursue my academic interests in performance management, business process improvement and human capital development in a professional setting. Working within specialized teams across various industries on varied assignments I was able to gain valuable industry insights and cultivate skill sets that would eventually enable me to start my own management consultancy company serving a small group of contractors in the dredging industry.

From relatively humble beginnings, myself and a dynamic team of project management professionals assembled under my stewardship have grown from strength to strength and now oversee operational management of one of the largest privately owned dredging companies in South Asia, playing an active role in the development of Bangladesh by implementing large scale marine and riverine infrastructure development projects.

I am an inquisitive soul, a budding entrepreneur, a firm believer of conscientious leadership and in the indomitable nature of the human spirit.

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I am a Fellow Chartered Accountant with 9+ years of experience in audit and accounting, having worked with banks, manufacturing companies, power companies, SMEs, and NGOs in Bangladesh. I have extensive experience in planning, monitoring, and finalizing statutory audits and group reporting, reviewing financial statements to ensure compliance with relevant accounting standards, identifying weaknesses in internal controls, and advising clients on appropriate accounting treatment. I have trained in IAS/IFRS, risk management, KPMG Audit Methodology, global independence, data privacy, and more.

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Blogs

Maize

Date: 29/05/2023

A Tale of Maize Farming in Bangladesh

WRITTEN BY
Faheem Ahmed

Lets see how much cropland was destroyed during the floods in BangladeshNestled in the heart of South Asia, Bangladesh has long been characterized by its rich culture and breathtaking landscapes. However, it has also grappled with the recurring challenges posed by devastating floods. Over the past four decades, the indomitable spirit of the Bangladeshi people has been tested time and again as they navigate these natural calamities. Despite the turmoil, they have shown remarkable resilience and resourcefulness, rebuilding their lives and communities.

In the Lalmonirhat district of Bangladesh, a once-sandy landscape that hindered traditional crops has been transformed into a thriving hub of agricultural prosperity. Thanks to the efforts of farmers with the ambition to live more and innovative approaches, the community has harnessed the power of maize farming to uplift themselves from poverty. Corn has emerged as a pivotal crop, both as a standalone cultivation and as an intercrop with other staples such as maize, potato, and mustard. The utilization of hybrids has unlocked higher yields and greater resistance to pests, propelling maize to the forefront of agricultural success stories in Bangladesh.

Did you know?
- Bangladesh's maize production has seen a significant increase in recent years. In 2020-2021, the country produced approximately 5663090 Metric Tons of maize, marking a remarkable growth from previous years (source: ministry of Agriculture, Government of Bangladesh).
- The cultivation of hybrid maize varieties has contributed to higher yields and better pest resistance, enabling farmers to enhance their productivity and profitability (source: Ministry of Agriculture, Government of Bangladesh).

The success of maize farming in Bangladesh extends beyond its impact on the local economy. The versatility of this crop has opened doors to new opportunities, with maize finding its way into various sectors. While animal feed remains a vital market, the use of maize for human consumption has witnessed significant growth. From delectable maize-based snacks to processed food products and maize flour, the culinary landscape of the country is evolving, fueled by the popularity and nutritional value of this remarkable grain.

In recent years, Bangladesh has achieved notable milestones in maize production. This remarkable feat is a testament to the dedication and hard work of farmers across the nation. The steady growth in maize production highlights the potential for Bangladesh to become self-sufficient in this staple crop, ensuring food security and economic stability for its citizens.

As we conclude this edition of our newsletter, we are inspired by the unwavering spirit of the Bangladeshi people and the transformative power of agriculture. From battling floods to pioneering new frontiers in maize farming and achieving remarkable milestones in maize production, Bangladesh continues to make strides toward a prosperous and sustainable future.

We remain committed to supporting the agricultural community, driving innovation, and fostering collaborations that empower farmers and rural entrepreneurs. Together, let us sow the seeds of progress and nurture a flourishing agricultural landscape.