Fish and fisheries play an integral part of the culture and tradition in the life of the people of Bangladesh. The country has some 600 oxbow lakes created from dead river-bends scattered over the southwestern region of the country. The introduction of community management in 23 of the common property oxbow lakes has involved active participation of women. Women are successfully included in the management of oxbow lake fisheries under the Oxbow Lake Small-Scale Fishermen Project II. An assessment is made of the technological and socio-economic effects of Fish Farming Group pond aquaculture, with emphasis on the involvement of women. Some recommendations are made based on social, technological and gender aspects for the future sustainability of Fish Farming Groups.