The New Nation - Internet Edition

BUSINESS REPORTER

The 124th Board Meeting of Standard Bank Ltd was held on April 3 last at the head office of the bank. Chairman of the Board of Directors Kazi Akramuddin Ahmed presided over the meeting.

It was attended by Vice-Chairman Alhaj Mohammad Shamsul Alam, Directors Kamal Mostafa Chowdhury, Abdul Ahad, Alhaj Nurul Haque Sowdagor, Ferdous Ali Khan and Md. Ziaul Haque Khondker.

Among others, Managing Director Mosharraf Hossain, DMD S.A. Farooqui and EVP and Board Secretary AFM Nizamul Islam Chowdhury were present at the meeting.

The Board took various important decisions regarding bank's investment policy in the field of trade, commerce and industries and approved proposals received from different branches in respect of financing of working capital for industries and other import, export and commercial trading businesses.