IBA student wins top prize in Woori Bank’s idea fest

Galib Nakib Rahman, a student of the Institute of Business Administration at the University of Dhaka, has secured the top prize of the Woori Idea Fest 2019.

Sagar Majumder, a student of Brac University, came second, and Sanjana Haque, of North South University, third at the second edition of the competition.

The grand finale of the event, organised by Woori Bank, took place at the Amari Dhaka in the city’s Gulshan on Thursday evening.

The first prize winner, the first runner-up and the second runner-up were awarded Tk 100,000, Tk 50,000 and Tk 20,000 respectively. The top 100 participants will get one-year free subscription of The Daily Star, which along with the Bonik Barta is the media partner of the event.

Students from eight universities took part in the competition this year.

Woori Bank said it would continue the “Idea Fest” programme to promote creativity and leadership among students in order to contribute to making future corporate and business leaders.

“We will incorporate all universities from next year to hunt talented and innovative future corporate leaders,” said Jeong Ho Choi, general manager of Woori Bank, adding that the programme would be unique in generating innovative ideas and promote entrepreneurship.

Md Akhtaruzzaman, director general of the Bangladesh Institute of Bank Management, said the ideas of students would play an important role for them and entrepreneurs in the future.

The younger generation is optimistic and innovative and they can change the society through their new ideas, said Akhtaruzzaman, who handed over the prizes.

The competition aims at providing tertiary-level students an opportunity to share ideas for the business world in the context of local and global markets.

Set up in South Korea in 1899, Woori Bank is the largest commercial bank in Korea. It started operations in Bangladesh in 1996.