Asian University of Bangladesh was established in 1996. AUB received formal approval of the government of Bangladesh on 4 January 1996 as a teaching and degree awarding university under the Private University Act, 1992. It was inaugurated by the then honorable minister for water resources of the government of Bangladesh, Abdur Razzak, MP, in a ceremony where the special guest was the then chairman of the University Grants Commission (UGC), Iajuddin Ahmed. The Founder of AUB, Abul Hasan M. Sadeq established this university .