The 46th meeting of the Risk Management Committee of the Board of Directors of Modhumoti Bank PLC was held on Wednesday as part of the bank’s ongoing governance and oversight framework.
The meeting was chaired by Mr Mostafa Kamal, Chairman of the Board’s Risk Management Committee of Modhumoti Bank PLC. The session was conducted in line with the committee’s mandate to supervise and review the bank’s overall risk management structure and related policy implementation.
Members present at the meeting included Mrs Sultana Jahan, Mr A Mannan Khan, and Mr Md Shafiul Azam, the Managing Director and Chief Executive Officer of Modhumoti Bank PLC. Their participation reflected the committee’s standard composition, which brings together non-executive board members and senior executive management to ensure coordinated oversight of risk-related matters.
The Risk Management Committee functions as a key governance body within the bank’s board structure. It is generally responsible for reviewing and monitoring the institution’s exposure to a range of risks, including credit risk, market risk, liquidity risk, operational risk, and compliance risk. The committee also provides guidance on strengthening internal controls and ensuring alignment with applicable regulatory requirements.
In its regular meetings, the committee typically evaluates reports on the bank’s risk profile, assesses adherence to approved risk limits, and reviews the effectiveness of existing risk mitigation measures. It also considers updates on regulatory compliance and internal audit observations where relevant, in order to support sound financial governance and operational stability.
The 46th meeting continued this established practice of structured oversight. It provided a forum for the committee members to discuss matters related to risk governance and supervisory responsibilities. However, no specific decisions, resolutions, or detailed agenda outcomes were disclosed.
Such committee meetings form an integral part of the bank’s broader corporate governance framework. Like other scheduled board-level committee sessions, they are intended to ensure that risk management remains embedded in strategic planning and day-to-day operations.
Modhumoti Bank PLC maintains its risk governance structure in accordance with prevailing regulatory expectations for commercial banks in Bangladesh. The Risk Management Committee, as part of this structure, supports the Board of Directors in maintaining financial discipline, safeguarding stakeholder interests, and promoting long-term institutional stability through continuous risk oversight.