Bank Asia PLC organized a Senior Management Awareness Session on the newly introduced Risk-Based Supervision (RBS) Framework, in compliance with Bangladesh Bank's regulatory requirements for enhancing awareness among banks' senior management.
The session was conducted by Mohammad Abdur Rab, director, Supervisory Policy and Coordination Department (SPCD), Bangladesh Bank, and Proshanto Kumar Mondol, additional director, SPCD, Bangladesh Bank.
Sohail RK Hussain, managing director of Bank Asia PLC, attended the session along with the bank's senior management team and relevant functional heads, held on October 31 at Bank Asia Tower, Karwan Bazar, Dhaka.
The session focused on the RBS Framework's assessment methodology, supervisory expectations and implementation requirements.
It provided valuable insights into the transition towards a risk-based supervisory approach and enhanced the participants' understanding of the regulatory framework, its implications and the Bank's preparedness for effective implementation.
This initiative reflects Bank Asia’s commitment to further strengthening its corporate governance, risk management and regulatory compliance practices while aligning its operations with Bangladesh Bank’s evolving supervisory framework.
