Head of two BRAC social enterprises Tamara Abed meets President Obama

April 27, 2010 by

Tamara Abed, the head of BRAC’s retail social enterprise Aarong and BRAC Dairy, is representing BRAC at the Presidential Summit on Entrepreneurship in Washington, DC.

Tamara met President Obama yesterday and thanked him for his leadership and his administration’s outstanding effort in organizing this historic summit. Later today, she will be speaking at the summit on a panel titled “Unleashing the Power of Women Entrepreneurs.” You can watch the panel live via webcast at http://www.state.gov/entrepreneurshipsummit/ starting at 2:10pm EDT.

This two-day summit is being held to connect business leaders, foundations, and entrepreneurs in the United States and Muslim communities around the world. The summit is follows through on President Obama’s commitment “to join existing efforts and inspire new efforts to promote entrepreneurship and innovation on a global scale. It represents an opportunity to highlight and support business and social entrepreneurship in Muslim-majority countries (MMCs), including their minority populations, and Muslim communities around the world.”

Tamara is part of the senior management team at BRAC. She joined BRAC in 2002 and heads two of the most profitable of BRAC’s social enterprises including Aarong; the largest retail chain of lifestyle store in Bangladesh, selling handicrafts made by its 65,000 rural artisans.

She also heads BRAC Dairy, the second largest dairy operation in Bangladesh, which provides rural farmers with a value chain linkage to the market and protects them from price volatility. Tamara is also on the board of BRAC Bank, a publicly listed commercial bank with the largest SME portfolio in Bangladesh.

Tamara received her MBA in Finance from Columbia University and B SC. (Econ.) from the London School of Economics. She started her career as an investment banker in Peregrine Capital Ltd. in Dhaka and then also worked in Goldman Sachs in New York in Mergers and Strategic Advisory. Tamara was recently honored by the World Economic Forum as a Young Global Leader for the year 2010.

Click here to tune in to the live webcast at 2:15pm.