BANGLADESH INTERNATIONAL ARBITRATION CENTRE
The Institution for Alternative Dispute Resolution
Mr. Mahbubur Rahman, the Founder Chairman of Bangladesh International Arbitration Centre (BIAC) has been appointed as an Arbitrator of The China International Economic and Trade Arbitration Commission (CIETAC) recently. Mr. Rahman is the sole Arbitrator appointed from Bangladesh by CIETAC.
A renowned business leader, Mr Rahman is the President of International Chamber of Commerce (ICC) – Bangladesh. He was the Former President of Federation of Bangladesh Chambers of Commerce & Industry (FBCCI), Founder Vice President of SAARC Chamber of Commerce & Industry (SCCI) and Vice Chairman of Bangladesh Foreign Trade Institute (BFTI). Mr. Rahman is the Chairman & CEO of ETBL Holdings Limited and Chairman of Eastland Insurance Co. Ltd. He is also the Director of Karnaphuli Fertilizer Co. Ltd (KAFCO) and Member, Board of Governors of UN ESCAP Business Advisory Council, Bangkok and Asia Economic Community Forum (AECF), Seoul.
CIETAC is one of the major permanent arbitration institutions in the world. Formerly known as the Foreign Trade Arbitration Commission, CIETAC was set up in April1956 under the China Council for the Promotion of International Trade (CCPIT). CIETAC independently and impartially resolves economic and trade disputes by means of arbitration.
BIAC is a not-for-profit organization and is the only government licensed Alternative Dispute Resolution (ADR) institution in the country. BIAC has received recognition as an ADR institution from several international bodies including The Permanent Court of Arbitration (PCA), The Hague; Hong Kong International Arbitration Centre (HKIAC), Singapore International Arbitration Centre (SIAC) and Thailand Arbitration Center (THAC) amongst others. It has also signed cooperation agreements with several Banks and Corporate in Bangladesh.