The 46th meeting of the Risk Management Committee of the Board of Directors of Modhumoti Bank PLC was held on Wednesday, bringing together members of the committee to review matters related to the bank’s risk governance framework.
The meeting was chaired by Mr Mostafa Kamal, who serves as the Chairman of the Board’s Risk Management Committee of Modhumoti Bank PLC. The session formed part of the committee’s regular oversight responsibilities in relation to the bank’s risk identification, assessment, monitoring, and mitigation processes, in line with established corporate governance practices.
Among those present at the meeting were Mrs Sultana Jahan, Mr A. Mannan Khan, and Mr Md Shafiul Azam, the Managing Director and Chief Executive Officer of Modhumoti Bank PLC. Their participation reflected the committee’s composition, which typically includes members of the Board as well as senior executive leadership of the bank, enabling coordination between governance and operational management functions.
The Risk Management Committee is generally responsible for reviewing the bank’s overall risk exposure and ensuring that appropriate policies and frameworks are in place to manage credit risk, market risk, operational risk, liquidity risk, and other financial and non-financial risks that may affect the institution’s stability and performance. It also supports the Board in maintaining oversight of regulatory compliance and in strengthening internal control systems.
During its regular meetings, the committee is expected to consider updates on the bank’s risk profile, examine compliance with internal risk limits, and review the effectiveness of risk mitigation strategies. It also typically provides guidance on enhancing risk management practices in accordance with regulatory requirements issued by the relevant financial authorities.
The 46th meeting, held on Wednesday, continued this structured approach to governance by facilitating discussion among the committee members regarding ongoing risk management oversight. While specific resolutions or detailed agenda items were not disclosed, the meeting is part of the bank’s established schedule of board-level committee engagements aimed at ensuring prudent management of institutional risks.
Modhumoti Bank PLC, like other commercial banks operating under regulatory supervision, maintains such committees as part of its broader governance architecture to support transparency, accountability, and financial stability. The Risk Management Committee plays a key role in reinforcing these objectives by ensuring that risk considerations remain integral to strategic and operational decision-making processes within the bank.