The New Nation - Internet Edition

ECONOMIC REPORTER

A workshop for the officers of Pubali Bank Ltd on 'Internal Control and Compliance' was held in the Pubali Bank Head Office recently. It was organised by Pubali Bank Training Institute.

Managing Director of Pubali Bank Ltd Helal Ahmed Chowdhury was present as the chief guest at the workshop.

In his speech, Managing Director Helal Ahmed Chowdhury said that internal control and compliance risk is one of the six core risks according to Bangladesh Bank.

He said internal control is the process, where the board of directors, senior management and all levels of personnel, implemented and designed to provide reasonable assurance regarding the achievement of objectives in the effectiveness and efficiency of operations, the reliability of financial reporting and compliance with applicable laws, regulations and internal policies.

The Managing Director asserted that in the competitive global banking arena to become a successful banker, all bank officials should have a clear concept about Core Risk Management. He advised all officials to abide by the rules and regulations of Bangladesh Bank and other regulatory bodies since the Pubali Bank is a very compliant bank.

Principal of the Training Institute Badruddin Ahmed and faculty member DGM Sushil Kumar Paul were present at the workshop.