Mr. Mamun-Ur-Rashid has been awarded an Honorary Doctor of Business Administration by the Commonwealth University. Mr. Mamun-Ur-Rashid has been awarded an Honorary Doctor of Business Administration by the Commonwealth University in recognition for his service, selflessness and other outstanding contributions in the banking sector particularly in Foreign Trade and International Banking Operations. Mr. Mamun-Ur-Rashid was among an illustrious list of people honored by the Commonwealth University during the convocation and graduation ceremony held on March 30, 2017 in Dubai. The Commonwealth University is a corporate distance learning university registered in Belize. Commonwealth University degree programs are accredited by the International Association for Distance Learning (IADL). The London Graduate School (LGS), registered in United Kingdom, is the appointed tuition provider and administrator of Commonwealth University degree programs.