Rupali Bank Holds Board Meeting to Strengthen Oversight

Rupali Bank PLC held a meeting between its board of directors and the senior management team (SMT) on Sunday, according to a press release. The session took place at the bank’s head office in Dilkusha, Dhaka, and was presided over by Chairman Md Nazrul Huda.

During the meeting, the board emphasised strengthening audit and inspection activities to enhance the effectiveness of the bank’s internal control system. It also recommended that board-SMT meetings be held quarterly to ensure continuous oversight and coordination.

The meeting was attended by directors ABM Abdus Sattar, Soyaeb Ahmed, Md Shahjahan, Md Abu Yusuf Miah, ABM Shawkat Iqbal Shahin, Mujib Ahmed Siddiqui, AHM Moin Uddin, and Bangladesh Bank observer SM Abdul Hakim.

From the senior management team, Chairman and Managing Director Kazi Md Wahidul Islam led the delegation, with participation from Deputy Managing Directors Parsuma Alam, Hasan Tanvir, and Md Harunur Rashid, alongside the bank’s general managers.

The board’s directives reflect Rupali Bank’s commitment to improving governance, risk management, and operational efficiency, aiming to strengthen the bank’s overall performance and accountability.

During the meeting, the board underscored the importance of strengthening audit and inspection activities to enhance the effectiveness of the bank’s internal control system. To ensure consistent oversight and coordination, the board also recommended that such board-SMT meetings be held quarterly.

The meeting saw participation from board members ABM Abdus Sattar, Soyaeb Ahmed, Md Shahjahan, Md Abu Yusuf Miah, ABM Shawkat Iqbal Shahin, Mujib Ahmed Siddiqui, AHM Moin Uddin, alongside Bangladesh Bank observer SM Abdul Hakim.

Leading the senior management delegation was Chairman and Managing Director Kazi Md Wahidul Islam, joined by Deputy Managing Directors Parsuma Alam, Hasan Tanvir, and Md Harunur Rashid, as well as the bank’s general managers.

The board’s directives highlight Rupali Bank’s commitment to improving governance, risk management, and operational efficiency, reinforcing a culture of accountability and transparency across all levels of the institution. The meeting also reflects the bank’s proactive approach towards enhancing organisational performance in a dynamic financial sector.