Friday, April 19, 2024
President of the US-Bangladesh Business Council (USBBC) Ambassador Atul Keshap has said Bangladesh is one of the most exciting markets in the world right now and one of the most inspiring development stories of the past two decades.
He said Bangladesh's anticipated graduation from LDC status in 2026 presents a potent moment for the American business community to expand their ambitions in the nation, and for the US and Bangladesh to shape a forward-looking trade vision geared towards a new and rising Bangladesh.
The US Chamber of Commerce has announced that Ambassador Atul Keshap, former US Diplomat and current President of the US-India Business Council, will now serve as the President of the US-Bangladesh Business Council (USBBC), as part of his expanded role as Senior Vice President for South Asia.
"I am immensely grateful for the opportunity to lead the USBBC at this auspicious time in Bangladesh's economic development. I look forward to strengthening the global commercial partnerships which are fueling Bangladesh's rapid growth," he said.
The USBBC, under his leadership, will host the inaugural visit of the prime minister of Bangladesh, Sheikh Hasina, on May 2.
The event will centre on the "US-Bangladesh Economic Cooperation" theme and advance discussions on bilateral trade and smart growth.
The US-Bangladesh Business Council, inaugurated by Prime Minister Hasina in 2021, is the premier industry organization in the US-Bangladesh economic corridor and among the fastest-growing bilateral business councils in the US Chamber of Commerce's International Division.
The US Chamber of Commerce has announced that Ambassador Atul Keshap, former US diplomat and current President of the US-India Business Council, will now serve as the President of USBBC, as part of his expanded role as Senior Vice President for South Asia.
With an expanding roster that stands at 40 members, USBBC spans energy, power, digital economy, financial services and digital payments, insurance, healthcare, aerospace and defence, ridesharing, food and beverages, water, and sustainability sectors.
Ambassador Keshap served in the US Foreign Service for 28 years, including in postings as the Ambassador to Sri Lanka and the charge d'affaires to India.
At the Chamber, Ambassador Keshap has leveraged his deep expertise in geopolitics and global markets to support members seeking to expand their businesses in the world's fastest-growing economies.
As president of the US-Bangladesh Business Council, Ambassador Keshap will continue this work and help connect businesses to the enormous opportunities posed by Bangladesh's impressive development trajectory.
Nisha Biswal, senior vice president for International Strategy and Global Initiatives, congratulated Ambassador Keshap on his expanded role.
She said, "Atul's deep knowledge of South Asia and extensive Indo-Pacific experience will help our member companies maximize investments and opportunities in these dynamic and fast-growing economies."
Biswal, who served as Assistant Secretary for South and Central Asian Affairs at the US State Department from 2013 to 2017 and has been with the chamber for five years, was recently nominated by president Biden to serve as the Deputy Chief Executive Officer of the United States International Development Finance Corporation.
She is expected to return to the public sector upon successful confirmation.
Steven Kobos, president and CEO of Excelerate Energy and Chairman of the USBBC Board of Directors, thanked Biswal for her service as president of USBBC.
"On behalf of the Board of Directors and member companies of the US-Bangladesh Business Council, I want to express my sincere appreciation to Nisha Biswal for her dedication to and stewardship of the bilateral commercial relationship. She is as respected in Dhaka as she is in Washington, and I congratulate Nisha on her return to US government service."
Kobos also welcomed Ambassador Keshap to his new role, stating, "The USBBC is fortunate to call on the leadership of Ambassador (retd.) Atul Keshap as the Council's next President.
Ambassador Keshap's experience across the Indo-Pacific region is a true asset to the dynamic US-Bangladesh relationship.
"I look forward to working closely with him to advance our priorities of commercial cooperation, inclusive economic growth, and global security."
