The New Nation - Internet Edition

Prime Bank's Annual Business Conference held

The 13th Annual Business Conference of Prime Bank Ltd. was held on 24 January in the city. Chairman of the Board of Directors Azam J Chowdhury inaugurated the function as the chief guest. Executive Committee (EC) Chairman Mohammad Aminul Haque was present as the special guest while Managing Director M Shahjahan Bhuiyan presided over the meeting.

Highlighting the excellent performance of the Bank during 2007, Azam J Chowdhury underscored the importance of adoption of new technology and devising appropriate business strategies to enable the Bank successfully compete in the changing market conditions and upward cycle of global interest rates. He further mentioned that introducing new avenues for business and diversifying existing operations will be the key to sustain Bank's leading position in 2008. He emphasised on introducing new products and strengthening retail banking and small and medium enterprise (SME) operation to maintain the leading edge of the bank. He pointed out the need for skill development and capacity building of operational people and advised to invest adequately on human resources since only skilled and motivated pool of employees can bring in success for the Bank. Before the inaugural address, he gave a powerpoint presentation on "Good Governances Protection and Management of Information Guidelines" .

Mohammad Aminul Haque stressed the need for increasing number of retail clients and initiating customer-friendly projects to meet future business challenges.

Capt. Imam Anwar Hossain, Director of the Bank said, profit is not only the target rather all compliances are the main focus to be implemented.

M. Shahjahan Bhuiyan drew the attention of branch managers to work with utmost dedication and get ready to meet any business challenges in 2008 by harnessing professional competence and imparting skills training to Bank employees. Referring to branch managers as the mentors, he urged managers to focus on professional development of colleagues working in operational areas and involve them in all spheres of business.

He further mentioned that being proactive in operations, preserving high professional and ethical standards and leveraging collective efforts, the Bank can continue to exceed its business targets and maintain supreme position in the industry. He concluded by mentioning that reduction of reliance on price-sensitive volatile deposit and new business development in form of foreign trade expansion, inward remittance acquisition will be the key business focus in 2008.

Vice Chairperson Hasina Khan, Directors Saheda Pervin Trisha and Mohammad Delwar Hossain, Additional Managing Director Nasiruddin Ahmed, Deputy Managing Directors Mahbubul Alam and R.Q.M Forkan gave powerpoint presentations on relevant operational topics. All Heads of Branches and concerned Head Office executives participated in the discussion.