Dhaka, May 31 -- He passed away at Dhaka's Combined Military Hospital around 10 am Sunday, said Sumit Chakrabarty, senior brand manager of Igloo, an ice-cream unit of the company.

Monem was admitted to Square Hospital on May 17 after suffering a stroke. He was later transferred to the CMH.

He will be laid to rest in his native Brahmanbaria, according to officials of the company.

Monem leaves behind his two sons, Mainuddin Monem and Mohiuddin Monem.

A civil engineer by profession, Monem launched his company in 1956 and oversaw its expansion and diversification over the years.

Among the group's business concerns are Igloo Ice cream, AML Construction, AM Mango Pulp Processing, Igloo Foods, Danish Bangla Emulsion, Igloo Dairy Products, A...