Lt Col (retd) Mahtabuddin Ahmed, chairman of PRAN-RFL Group, passed away in the capital yesterday. He was 83.
He breathed his last at National Heart Foundation Hospital at 11:30am due to a cardiac arrest, says a press release.
Mahtabuddin left behind his wife, two sons, two daughters and a host of relatives to mourn his death.
His namaz-e-janaza will be held at Gulshan Azad Mosque after Juma prayers today and he will be buried at Banani graveyard tomorrow.
Mahtabuddin was born in Munshiganj on June 26, 1933. He was the son of late Khan Bahadur Mahbubuddin Ahmed and Sara Begum. He joined the then Pakistan Army in 1951 and went into retirement in 1974.
He became PRAN-RFL Group chairman in 1983 and had been serving it until his death.