Standard Bank holds 23rd AGM

The 23rd Annual General Meeting (AGM) of Standard Bank Limited was held on July 21 at 11 am through video conference on a digital platform.

Kazi Akram Uddin Ahmed, chairman of the bank's board of directors, presided over the meeting, according to a press release. 

Vice Chairman Ferdous Ali Khan, Directors Messers Kamal Mostafa Chowdhury, Ashok Kumar Saha, Ferozur Rahman, Md Manjur Alam, S A M Hossain, Mohammed Abdul Aziz, Al-Haj Mohammed Shamsul Alam,  Md Zahedul Hoque, Gulzar Ahmed, Al-Haj Mohd Yousuf Chowdhury, Kazi Khurram Ahmed, A K M Abdul Alim,   Md Abul Hossain, Independent Directors Najmul Huq Chaudhury and Golam Hafiz Ahmed; Managing Director and CEO Khondoker Rashed Maqsood; Additional Managing Director Md Touhidul Alam Khan; Deputy Managing Director Mohammad Rafiqul Islam; Deputy Managing Director M Latif Hasan; Head of Business Development and SBL Shariah Secretariat Md Mohan Mia; Shafiqul Islam FCA, Partner of the Bank’s External Auditor M/s Shafiq Basak and Co; Independent Scrutinizer Iqbal Hossain FCA and shareholders joined the meeting on a virtual platform.

Acting Company Secretary of the Bank Md Ali Reza FCMA, CIPA conducted the AGM Chairman Kazi Akram Uddin Ahmed briefly presented the business indicators of the bank and Directors’ Report for the year 2021 to the shareholders. 

He sincerely thanked all participants including the esteemed shareholders of the bank for their active participation and sincere cooperation and expressed his gratitude towards the regulatory bodies. He also wished the best to all and was advised to follow the hygiene rules during this corona pandemic period. He called on all the officers and staff of the bank to work towards increasing the bank's profit and paying attractive future dividends. 

The Managing Director and CEO Khondoker Rashed Maqsood delivered a welcome speech to the shareholders at the outset of the meeting. 

It is worth mentioning here that all the shareholders present in the AGM duly voted to approve all the agendas including 3% stock and 3% cash dividend for the year 2021.