Dhaka, Thursday, 30 June 2022

Standard Bank’s 22nd AGM held

Standard Bank’s 22nd AGM held

Apparel Correspondent: The 22nd Annual General Meeting (AGM) of Standard Bank Limited was held on Thursday, 29 July through a digital platform.

The AGM was duly conducted through the use of the virtual medium as directed by the regulatory bodies instead of the physical presence of the respected Shareholders and Directors in order to maintain safe social distancing against the backdrop of the ongoing nationwide coronavirus pandemic, said a media release.

Kazi Akram Uddin Ahmed, the Honorable Chairman of the Board of Directors, immediate past International Director of Lions Clubs International & former President of FBCCI presided over the meeting. Vice-Chairman Ashok Kumar Saha, Directors Messers Kamal Mostafa Chowdhury, Ferozur Rahman, Md. Monzur Alam, S. A. M. Hossain, Mohammed Abdul Aziz, Al-Haj Mohammed Shamsul Alam, Gulzar Ahmed, Md. Zahedul Hoque, Al-Haj Mohd. Yousuf Chowdhury, Ferdous Ali Khan, Kazi Khurram Ahmed, Md. Abul Hossain and Najmul Huq Chaudhury, Managing Director & CEO Khondoker Rashed Maqsood, Additional Managing Director Md. Touhidul Alam Khan, Deputy Managing Director Mohammad Rafiqul Islam, a large number of Shareholders and Partner of External Auditor of the Bank M/s Shafiq Basak & Co. Mr. Shafiqul Islam FCA, Independent Scrutinizer Iqbal Hossain FCA are joined in the meeting on a virtual platform. Acting Company Secretary Md. Ali Reza FCMA, CIPA conducted the AGM.

Honorable Chairman Kazi Akram Uddin Ahmed briefly presented the business indicators of the Bank and Directors’ Report for the year 2020 before the Hon’ble Shareholders. He sincerely thanked all the esteemed clients and Shareholders of the Bank for their active participation and sincere cooperation as well as wished them all the best and advised them to maintain social distancing during this corona pandemic period. The Managing Director & CEO Khondoker Rashed Maqsood delivered a welcome speech to the shareholders at the outset of the meeting. It is worth mentioning here that the Shareholders present in the AGM duly approved all agenda including 2.5 percent stock and 2.5 percent cash dividend for the year 2020.