The 49th annual general meeting (AGM) of IFIC Bank PLC was held on Monday, June 29.
The meeting was organized in a hybrid mode at the Army Golf Club in Dhaka, while shareholders also joined virtually.
The meeting was chaired by Md Mehmood Husain, chairman and independent director of the bank.
Among others, Md Ebtadul Islam, chairman of the risk management committee and independent director; Kazi Md Mahboob Kasem, chairman of the audit committee and independent director; Md Golam Mostofa, chairman of the executive committee and director; Md Monzorul Haque, chairman of IFIC Securities Limited and director; Syed Mansur Mustafa, managing director; Mokammel Hoque, company secretary; and the shareholders of the bank attended the meeting.
In his address, IFIC Bank chairman Md Mehmood Husain said that the Board of Directors and the Management are working together to protect shareholders’ interests, strengthen depositors’ confidence, and ensure long-term sustainable growth.
He further mentioned that the Bank has already taken several strategic initiatives to improve its financial base and asset quality, control non-performing loans, enhance operational efficiency, and ensure better customer service.
These initiatives are expected to strengthen the Bank’s business capacity and improve its competitive position in the future.
The shareholders appreciated the bank’s positive progress under the leadership of the current Board of Directors.
They stated that despite the global economic situation and various challenges in the banking sector, IFIC Bank’s notable deposit growth reflects customers’ confidence, effective business strategies, and the growing trust of customers in the bank.
At the meeting, all scheduled agenda items, including the approval of the audited financial statements for the year ended 31 December 2025 and the appointment of auditors, were approved unanimously.
The meeting was conducted by Mokammel Hoque, company secretary of the bank.
