IFIC Bank Limited has organized a Long Service Award Ceremony for its employees to acknowledge their 30 years of relentless service for the bank.
Managing Director and CEO of IFIC Bank Shah Alam Sarwar handed over crests and gifts among the employees during the function held at the bank's training Institute in the city on Sunday.
Deputy Managing Directors, top officials of the bank and family members of the awardees were also present in the ceremony, said a press release.
International Finance Investment and Commerce Bank Limited (IFIC Bank) was set up at the instance of the Government in 1976 as a joint venture between the Government of Bangladesh and sponsors in the private sector with the objective of working as a finance company within the country and setting up joint venture banks/financial institutions aboard. In 1983 IFIC was converted into a full fledged commercial bank.
The Government of the People's Republic of Bangladesh now holds 32.75 per cent of the share capital, directors and sponsors own 11.31 per cent and the rest shares are held by general public.
Shah A Sarwar joined IFIC Bank Limited as Managing Director on 02 December 2012.
Over the last 30 years, Mr. Sarwar's career evolved as a well rounded banker with adequate exposure in General Management, Client Coverage, Risk Management, Operations and IT Management.