Syed Nasim Manzur new president of LFMEAB

Syed Nasim Manzur has been elected the President of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB).

"The 101st meeting of the Executive Committee of LFMEAB held on February 17 co-opted Syed Nasim Manzur, Managing Director, Apex Footwear Ltd. into the Executive Committee and afterward following the statutory requirements the board unanimously elected Syed Nasim Manzur as President of LFMEAB. The 18th AGM of LFMEAB Saturday unanimously approved this," said a statement.

The AGM appreciated the outgoing President's contribution to the association and the industry and expressed sincere gratitude to him for accomplishing great success during his tenure.

The house also welcomed President-elect Syed Nasim Manzur and assured all-out support to him.

Syed Nasim Manzur in his welcome speech emphasized market diversification. He said that there is a high growth possibility of Bangladesh's leather products and leather and synthetic footwear export industry particularly for the US market. He cited the consumer demand for shoes reaching a record 100.7 billion US dollars in 2021 and he urged the exporters to focus on the growth opportunity in the USA market.

"The new President also commented that the leading US brands of the USA are looking at Bangladesh for sourcing right now but our ability to capture share will depend on our own level of preparedness, speed to market, and competitiveness," the statement added.