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Wednesday 4 November 2015

Asian Banking Summit kicks off in Dhaka

 Star Business Desk

Globally adaptive practices are essential to strengthening the existing risk management systems in the banking sector, speakers said at a banking summit that kicked off in Dhaka yesterday.
The two-day Asian Banking Summit, a platform for national and international banking experts, will focus on topics ranging from risk management to trade finance, compliance, and IT security.
Nimai Management Consultants, a UAE-based financial services firm, organised the event at Le Meridien hotel.
Analysing regional economic trends, banking security in IT, and compliance issues mainly featured in the discussions on the first day, according to a statement.
Nisarg Dugad, managing partner of Nimai Management Consultants; Meera Sanyal, former CEO of Royal Bank of Scotland, India; and MA Rumee Ali, chief executive of Bangladesh International Arbitration Centre, took part in a discussion on regional economic trends.
“Bangladesh has articulated a clear and far-reaching vision for 2021. The summit offers a unique platform for stakeholders in the banking and financial services industry to discuss, learn from each other and map out a plan that will fuel the success of national goals,” Sanyal said.
The summit's focus on risk management is appropriate and timely given the global macroeconomic instability and market volatility, she said. Ali said: “I am sure the summit will add to the knowledge and data bank that can be used to drive the changes required for a more robust financial system, which we all aim for, to protect the present and build a better future.”

SK Sur Chowdhury, deputy governor of Bangladesh Bank, was the guest of honour at the event, while Salman F Rahman, chairman of IFIC Bank, and Abdur Rouf, vice chairman of Mutual Trust Bank, were special guests.