[13] Buksh passed the entrance examination from the Symacharan Edward Institution in 1929 in Koneshar, a village near Damodya, in the first division, with a distinction in mathematics.
[21] Buksh joined the Oriental Government Security Life Assurance Company (OGSLAC) in Calcutta on 2 December 1935, assuming a clerical position.
[31] After gaining 17 years of field experience, Buksh moved back to his homeland, East Bengal, to take on a prestigious position at the Eastern Federal Union Insurance Company Limited (EFU).
[33] In order to develop a salesman's confidence, improve sales talks, and build enthusiasm for the job, he freely shared his practical knowledge and field experience gained over many years and imparted to the newly recruited agents for their training.
[39][40] He gave them an objective analysis of the career: Keep your watchful eyes ever vigilant so that no breadwinner of your area of activities dies leaving his family uncared for.
Spend the major portion of your time in presence of your prospects, act courteously, be tactful in presentation and you will find that it is easier to get than to miss business.
"[10] A "workaholic,"[10][35][44][40][45] Buksh created a large number of field organizations, built a strong force across East Pakistan[46] and became a "champion in the life insurance business.
[60][36][61][57] According to Rizwan Ahmed Farid, Buksh had the respect, love, and trust of his coworkers: He gained the confidence and credentials of his team mates by being honest, down-to-earth, humble, sincere, fair and straight forward, with himself as well as with his subordinates.
Due in large part to Buksh's efforts, the total market share of in-force policies for foreign insurers at the end of 1965 was less than that of Eastern Federal.
While staying six months or more in a year in East Pakistan, he continued his "untiring efforts"[14][5][35][8][3] for the expansion of business growth and development with positive attitude encouraging his field force, telling them: Be proud of your job.
[76] Although his dream was to spread life insurance in every home,[77] recruitment, training, field force organization and management, motivation, and team building continued to play a challenging role during this time.
[35][3][5] He brought P.M. Robello, a reputed insurance personality from India to teach a six-week training course to senior officers of the EFU in Dacca and Karachi.
[79] According to Safiyyullah, Buksh played a role, "as an educator to the vast number of field force[s] who placed faith in his leadership and took insurance as a career.
As a result of his love for the mother tongue, Buksh was instrumental in translating all paperwork related to the insurance industry into Bengali, including booklets and premium records.
[33] Fundamentalist propaganda diminished and "People of all backgrounds and income levels stopped viewing insurance as an invitation for their early demise and began to see it as protection for their families.
"[13] Buksh believed the key to a successful career in business was to "build up human relations on a very personal level,"[23] a practice he followed throughout his life.
[8] Through vigorous public relations efforts, he connected with high-ranking government officials, insurance executives, industrialists, professionals, politicians, educators, and many other influential people.
[89] Buksh, being a popular figure in both parts of the country[90] commended a great deal of respects in both private and government circles and wherever he went, everyone regarded him highly.
"[91] His vast and extensive public relations experience[3] helped expand the reach of the insurance business from the lower-middle class, to the educated sector to, finally, many influential "big guns of the society.
Murshed (Chief Justice, East Pakistan) Abu Sayeed Chowdhury (former president of Bangladesh), Abul Kashem Khan (Industrialist), Mujibur Rahman (Civil servant, insurance executive), Muhammad Shahidullah (Bengali educationist, writer and linguist), Sufia Kamal (poet), Ataur Rahman Khan (lawyer, politician and writer), Sheikh Mujibur Rahman (head, of Alpha Insurance Company, East Pakistan later became Father of the Nation), Tajuddin Ahmed (Politician, later became Prime Minister), Abdus Salam (editor, Bangladesh Observer), and Abdul Jabbar Khan (Speaker Pakistan Assembly).
[3] Having an "uncanny flair for life insurance,"[11] Buksh was "a master par excellence of human behavior in dealing with field people.
"[2] He formally and informally incorporated a rewards system, using unique methods, techniques, ideas, and strategies to recognize and celebrate the superior performance of individuals or groups, motivating them to achieve excellence.
"[61] Due to their love and affection for Buksh, a large number of enthusiastic field workers would go to the airport at Karachi or Dacca to welcome him on his arrival or see him off on his departure.
[96] To make insurance facilities available in his homeland (Eastern Zone, East Pakistan), Buksh also took the initiative to construct a 24-story EFU building in Dacca.
[23] Buksh "was not a political person, but he was a man of principle, and his love of justice, [along with his] fairness and advocacy for the interest of Bengalis brought him into clashes with Pakistani higher-ups.
"[13] The Bangladeshi government later completed the EFU building in Dacca, now known as Jiban Bima Tower, signifying Buksh's "vision and spirit of nationalism.
For example, as a beneficiary, Begum Zahida Rahman received her insurance benefit check four days after the death of her husband[100] After one year of operation, FLAGIC declared dividends to its shareholders,[101] but business stalled when the country's political climate changed, leading to the Bangladesh War of Liberation.
[104] JBC began doing business, having already an established infrastructure and manpower resources thanks to the major development work done by the EFU while Buksh was its leader in East Pakistan.
[125] Despite controversies, Buksh became renowned by introducing insurance to the masses, spreading awareness of savings and changing the course of many lives through his forty years of hard work.
Chowdhury[5] Buksh was one of the outstanding life insurance men of his generation in Asia and his story can match that of anyone who was instrumental in growing the business in any country.