The 48th Annual General Meeting of IFIC Bank PLC was held on Thursday, says a press release.
The AGM was conducted in a hybrid format, with the physical session taking place at the Army Golf Club, Dhaka.
The meeting was presided over by Md. Mehmood Husain, Chairman and Independent Director of the Bank. Also in attendance were Md. Ebtadul Islam, Chairman of the Risk Management Committee and Independent Director; Kazi Md. Mahboob Kasem, FCA, Chairman of the Audit Committee and Independent Director; Md. Golam Mostofa, Chairman of the Executive Committee and Director; Syed Mansur Mustafa, Managing Director; Mokammel Hoque, Company Secretary; and the esteemed shareholders of the Bank, while Md. Monzorul Haque, Director was virtually participated in the event.
In his address, IFIC Bank Chairman Md. Mehmood Husain stated that IFIC, as the oldest financial institution and one of the largest banks in the country, is committed to transparency, accountability, and strategic reforms.
He emphasized that the Board of Directors and the Management Team are working tirelessly to protect shareholders' interests, maintaining a firm zero-tolerance policy towards irregularities and corruption.
Husain assured shareholders that, as a result of these ongoing efforts, the Bank's overall performance and key financial indicators are expected to show significant improvement in the coming year.
