IFIC Bank PLC on Thursday held its 48th annual general meeting, said a press release.
The AGM was conducted in a hybrid format, with the physical session taking place at Army Golf Club in Dhaka.
Chairman and independent director Md Mehmood Husain presided over the meeting.
Also in attendance were risk management committee chairman and independent director Md Ebtadul Islam, audit committee chairman and independent director Kazi Md Mahboob Kasem, executive committee chairman and director Md Golam Mostofa and managing director Syed Mansur Mustafa, while director Md Monzorul Haque virtually participated in the event.
Company secretary Mokammel Hoque conducted the AGM.
In his address, Md Mehmood Husain stated that IFIC, as the oldest financial institution and one of the largest banks in the country, was committed to transparency, accountability, and strategic reforms.
He highlighted that the board of directors and the management team were working tirelessly to protect shareholders鈥� interests, maintaining a firm zero-tolerance policy towards irregularities and corruption.
He assured the bank鈥檚 shareholders that, as a result of these ongoing efforts, the bank鈥檚 overall performance and key financial indicators were expected to show significant improvement in the coming year.
Syed Mansur Mustafa stated that the bank was taking concrete steps to strengthen governance, enhance operational efficiency, and to uphold stakeholders鈥� confidence.
He emphasised that all initiatives were focused on safeguarding the interests of shareholders, employees, and depositors, and expressed confidence that IFIC Bank would soon go to the zenith by strength and stability.
In the AGM, scheduled agenda items, including approval of financial statements for the year ended 2024 and appointment of auditors, were approved.
