(L-R) Professor Yunus and Shahed Azad Amin

Shahed Azad Amin, chairman and managing director of CVS Ferrari distributor Modern International Trading Company (MITCO), has passed away.

Amin, 47, leaves behind his wife and three children.

Elvio Simonetti, CVS srl international business developer, says he has known Amin since 1995 and they were good friends.

"As MITCO's chairman, he has supplied a few dozen reach stackers as well as some 20 Italian cranes made by Locatelli to the Port of Chittagong," Simonetti says.

Simonetti sent Forkliftaction.com News a photo of Amin with Nobel Peace Prize recipient and Grameen Bank founder Muhammad Yunus who was born in Bathua, the same village as Amin. He says Amin's brother-in-law is the managing director of Grameen Bank.