Prof Yunus receives Laurel, Bangladesh adds name in Olympic history

PUBLISHED:

See more TechGraph stories in your search results.
Google Add TechGraph on Google

Nobel peace laureate Professor Muhammad Yunus receives the Olympic Laurel award at the opening ceremony of the 32nd Games of the Olympiad Tokyo 2020, organized under the shadow of the Covid-19 pandemic with no audience on the ground, his motherland in south Asia incorporated its name in the history of Olympics.

The athletes from Bangladesh may not win a medal in the Olympics to date, but millions of Bangladeshis found a reason this time to celebrate when Prof Yunus appeared on the digital screen with the adorable trophy to become the second awardee, definitely first Asian, after Kenyan Olympian Kip Keino.

- Advertisement -

Billions of sports enthusiasts across the globe witnessed the moment when the creator of Grameen Bank of Bangladesh was honored with the award virtually, as Prof Yunus did not visit Japan due to the pandemic, on the evening of 23 July 2021 at the restricted opening ceremony of Tokyo Olympic Games.

“I am honored and overwhelmed to receive this Olympic award, which is so special to me and my country,” said the economist turned revolutionary banker turned social entrepreneur who mentors Yunus Centre, a global hub of social business, highlighting its mission to create sustainable social enterprises not just for profit, but to solve people’s problems.

Speaking to this correspondent from Dhaka, the soft-spoken Bengali gentleman appreciated the International Olympic Committee (IOC) and wished success to its mission to transform the world into a peaceful place for the entire human race through sports.

Prof Yunus reiterated the pledge to create a world of three zeros comprising nil carbon emission, nil wealth concentration to end poverty, and once for all, nil unemployment by unleashing the power of entrepreneurship in everyone.

Initiated by the IOC to honor outstanding individuals for their achievements in education, culture, development, and peace through sports, the Olympic Laurel is intended to honor awardees at the opening ceremony of each summer Olympics, where social changemaker Keino was honored in the 2016 Rio de Janeiro Olympic Games.

Bangladesh, a Muslim majority nation of over 170 million population, has never succeeded in the Olympic battles for medals. The country used to send their representatives to the summer editions of the Olympic Games mostly with wildcard entries. In Tokyo, six athletes under the guidance of the Bangladesh Olympic Association are participating in various disciplines.

The innovative Bangladeshi banker, who made small loans available to the poorest of the poor without any collateral, was selected for the honor for his extensive works in sport for development, including founding the Yunus Sports Hub, a global social business network that creates solutions through sport.

Prof Yunus also collaborated with the IOC on several projects, including educational elements of the IOC young leader’s program focusing on human development through peace and sport. He not only shares the wealth of knowledge with the Olympic community, but also helps athletes in their post-sport career development to become socially responsible entrepreneurs.

IOC President Thomas Bach commented that the recipient of numerous international awards for his ideas and endeavors including the Nobel peace prize in 2006, Prof Yunus remains a great inspiration for all sharing the vision of how sport can contribute to the UN’s sustainable development goals.

Born in 1940 to a middle-class businessman’s family in Chittagong of south Bangladesh, Prof Yunus studied in Chittagong and Dhaka and then reached Vanderbilt University with a Fulbright scholarship to pursue higher study on economics. He received his Ph.D. in economics in 1969 and after some years teaching there the young Bangladeshi scholar returned to his country in 1972, just one year after Bangladesh was born.

“Sport brings all human strengths and emotions into play. That gives it enormous power,” said Prof Yunus adding that the Olympics unites the entire world in peaceful competition, celebrating unity in diversity. If we embrace a new social and environmental awareness, where the

the economy is not a mere science, but a tool to optimize the potentiality of individuals, he claimed ‘we can create a new world’.

The octogenarian reminded that the novel coronavirus has brought numerous challenges to various events including the extravaganza like Olympics, but it also fetches a huge opportunity for the human race.

- Advertisement -

Now it is necessary to put an individual back at the center and work together to rebuild tomorrow, stated the author of ‘Building Social Business’, looking not to the past but the future. While addressing the limited number of physical audiences with billions of television viewers around the world, the IOC President commented, “Today is a moment of hope. Yes, it is very different from what all of us had imagined. But let us cherish this moment.” 

He also added that selected athletes from 205 national Olympic committees and IOC refugee Olympic team arrived in Tokyo spreading the message of solidarity, peace, and resilience to give everyone hope for the further journey.

Stay ahead of the curve, every day.

A daily briefing covering news, interviews, and the trends driving the world forward. Curated for readers who want news, not noise.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Nava Thakuria
Nava Thakuria
Nava Thakuria is a Guwahati based media activist, who is working for print media for 30 years now. He writes on various issues related to northeast India and also the media as a while.

Top Gainers · Global

View all
NamePriceChange
IRENIREN Limited $21.64 +20.02%
ONDSOndas Inc. $5.34 +18.14%
ABNBAirbnb $189.99 +11.67%
INTCIntel Corporation $56.28 +7.71%
NBISNebius Group N.V. $129.49 +7.58%

Latest Stories

Shopping Online This Diwali? Five Cybersecurity Risks to Watch For

Diwali is one of the busiest shopping periods of...

Can Interactive Displays Bridge the Gap in Hybrid Collaboration?

Picture the last hybrid meeting you attended. A few...

Cybersecurity Is Becoming Central to Trust in India’s Fintech Sector

India’s digital finance story is one of scale, convenience...

How Agentic AI Is Changing the Future of Cybersecurity

For ten years, AI in security was a smart...

The Mobile Banking AI Permission Matrix: What an Assistant Can Access, Recommend, and Execute

A customer asks a mobile banking assistant to explain...

Related Articles

Shopping Online This Diwali? Five Cybersecurity Risks to Watch For

Diwali is one of the busiest shopping periods of the year in India. However, the surge in digital conduct also opens avenues to manipulate...

Can Interactive Displays Bridge the Gap in Hybrid Collaboration?

Picture the last hybrid meeting you attended. A few colleagues sat around a table, others joined from home, and someone else dialled in from another city. When it works, ideas flow, and everyone builds on each other’s thoughts. When it doesn’t, remote participants shrink...

Cybersecurity Is Becoming Central to Trust in India’s Fintech Sector

India’s digital finance story is one of scale, convenience and growing adoption. People can...

How Agentic AI Is Changing the Future of Cybersecurity

For ten years, AI in security was a smart filter. It ranked alerts. It...

Free Crypto Trading Signals: How to Judge a Prediction Before You Trust It

Learn how to assess free crypto trading signals, check the original claim, compare outcomes fairly, and spot gaps in a published record.

The Building Blocks of Academic Success: Learning, Play, and Physical Activity

Academic success is a multifaceted concept that goes far beyond the boundaries of traditional...

The Questions That Come After an Unexpected Workplace Injury

An ordinary workday can change in a matter of seconds. A misplaced tool, an...

Is Your CRM a System of Record or a System of Meaning?

CRMs store fields, stages and amounts. But AI agents need more than raw data. Here's why meaning must become queryable, consistent and built into the system.

How AI Is Reshaping the Future of Global Trade

The global economy spent 2025 absorbing tariff shocks, rerouting supply chains and navigating a...

Is Your CRM a System of Record or a System of Meaning?

CRMs store fields, stages and amounts. But AI agents need more than raw data. Here's why meaning must become queryable, consistent and built into the system.

How AI Is Reshaping the Future of Global Trade

The global economy spent 2025 absorbing tariff shocks, rerouting supply chains and navigating a...

How Cybersecurity Is Becoming Central to Building Trust in India’s Fintech Sector

As digital payments become routine for millions, the industry's credibility rests less on speed and more on how well it protects the people using it.

The Hidden Economics of Fashion Ecommerce: Why Catalog Coverage Is a Business Decision, Not Just a Photography Cost

Fashion ecommerce teams often evaluate photography by looking at the cost of a shoot,...

How Inflation Can Affect Your Child Plans and Education Savings

Picture a parent in Pune who paid ₹40,000 for a Class 1 admission a...

The Mobile Banking AI Permission Matrix: What an Assistant Can Access, Recommend, and Execute

A customer asks a mobile banking assistant to explain recent spending, suggest a savings amount, and transfer $200 between accounts. The first request retrieves...

How Cybersecurity Is Becoming Central to Building Trust in India’s Fintech Sector

As digital payments become routine for millions, the industry's credibility rests less on speed and more on how well it protects the people using it.

The Hidden Economics of Fashion Ecommerce: Why Catalog Coverage Is a Business Decision, Not Just a Photography Cost

Fashion ecommerce teams often evaluate photography by looking at the cost of a shoot,...

The Grid Shift: NGE Energy’s Sudharman Ezhil on Rethinking How India Builds Solar

Speaking with TechGraph, Sudharman Ezhil, Director and CEO of NGE Energy, discussed how India’s...

The Grid Shift: NGE Energy’s Sudharman Ezhil on Rethinking How India Builds Solar

Speaking with TechGraph, Sudharman Ezhil, Director and CEO of NGE Energy, discussed how India’s...

The Rise of AI-Native Infrastructure and What It Means for India’s Future Cities

Our major cities are hitting a point where the current infrastructure just cannot keep...

The New Tech Patron: Why Founders like Alexey Gubarev Are Turning Private Obsessions Into Museums

When Microsoft co-founder Paul Allen wanted to house his fascination with rock music, he...

Why Pre-Marital Health Screening Is Gaining Traction in India

In 2021, the National Policy for Rare Diseases was finalised and placed in the...