NRBC Bank recently hosted the ‘AML and CFT Conference 2025’, a pioneering event that marked the institution’s first use of Artificial Intelligence (AI) technology to enhance operational capacity and raise awareness among banking professionals on the prevention of money laundering and terrorist financing.
The day-long conference took place on Saturday at a city hotel, conducted in a hybrid format that allowed participants to join both in person and virtually. The event demonstrated NRBC Bank’s commitment to integrating cutting-edge technology into compliance and risk management practices.
Md Mofizur Rahman Khan Chowdhury, Executive Director of Bangladesh Bank and Acting Head of the Bangladesh Financial Intelligence Unit (BFIU), attended as the chief guest, while Dr Md Touhidul Alam Khan, FCMA, CSRA, Managing Director and CEO of NRBC Bank, participated as the special guest. The proceedings were presided over by Mohammad Abdul Qaium Khan, Deputy Managing Director and Chief Anti-Money Laundering & Compliance Officer (CAMLCO) of NRBC Bank, according to an official media release.
The conference also saw participation from Rajib Hasan and Md Hafizur Rahman Khan, Joint Directors of BFIU, along with NRBC Bank officials across various levels, who engaged through the AI-powered online platform ‘Convay’.
Focused discussions covered the full spectrum of anti-money laundering (AML) and counter-terrorist financing (CFT) measures, including existing legislation, the latest Bangladesh Bank directives, customer due diligence (KYC) protocols, transaction monitoring mechanisms, and the preparation and submission of Suspicious Transaction/Activity Reports (STR/SAR). Participants were also exposed to practical insights and real-life case studies to strengthen their operational capabilities and branch-level compliance effectiveness.
In his keynote address, Md Mofizur Rahman Khan Chowdhury underscored the critical need for a robust, risk-based, and sustainable compliance framework to effectively combat money laundering and terrorist financing. He emphasised closer coordination between BAMLCO officials and head office departments, along with continuous capacity building, efficient transaction monitoring, and timely reporting of suspicious activities. He assured that Bangladesh Bank and BFIU would continue providing policy guidance and supervisory support to maintain transparency, accountability, and governance excellence across the financial sector.
Dr Md Touhidul Alam Khan, in his remarks, stressed that strict adherence to AML and CFT regulations is fundamental for good governance, transparency, and risk management. He highlighted the vital role of branch-level BAMLCO officials as the first line of defence in compliance management and reaffirmed NRBC Bank’s commitment to disciplined, systematic operations aimed at establishing the institution as a welfare-oriented and socially responsible bank.