NRBC Bank recently convened the ‘AML and CFT Conference 2025’, marking the institution’s inaugural foray into Artificial Intelligence (AI)-driven initiatives. The conference was meticulously designed to enhance awareness among banking professionals about the prevention of money laundering and terrorist financing, while demonstrating how modern technology can bolster risk management and compliance effectiveness.
Held on Saturday at a prestigious city hotel, the full-day event adopted a hybrid format, enabling participants to join either in person or virtually. This approach not only reflected NRBC Bank’s commitment to inclusivity but also underscored its dedication to leveraging technology for greater transparency, operational efficiency, and proactive risk management in the banking sector.
The conference was graced by Chief Guest Mr. Mofizur Rahman Khan Chowdhury, Executive Director of Bangladesh Bank and Acting Chief of the Bangladesh Financial Intelligence Unit (BFIU). Special Guest Dr. Touhidul Alam Khan, Managing Director and CEO of NRBC Bank, also attended, while the proceedings were presided over by Mr. Md Abdul Kaium Khan, Deputy Managing Director and Chief Anti-Money Laundering & Compliance Officer of NRBC Bank.
Prominent participants included BFIU’s Joint Directors Mr. Rajib Hasan and Mr. Md Hafizur Rahman Khan, alongside officers from various tiers of NRBC Bank. Engaging actively via the AI-enabled online platform ‘Convay’, they discussed the multifaceted challenges of anti-money laundering and counter-financing of terrorism, covering legal frameworks, recent Bangladesh Bank directives, customer due diligence (KYC), transaction monitoring systems, and the preparation and submission of Suspicious Transaction/Activity Reports (STR/SAR). Participants also benefited from practical case studies and actionable guidance, equipping branch-level compliance teams with enhanced skills and insight.
During his address, Chief Guest Mr. Chowdhury emphasised the necessity of building risk-based, robust compliance structures, highlighting the critical importance of transaction monitoring, reporting of suspicious activities, and inter-departmental coordination. Special Guest Dr. Khan stressed that rigorous adherence to AML and CFT regulations is indispensable for strong corporate governance, transparency, and effective risk management within the banking sector.
By integrating cutting-edge AI technology with comprehensive compliance practices, NRBC Bank has established a pioneering benchmark in Bangladesh’s financial landscape, setting a model for innovation, transparency, and operational excellence. The conference demonstrated the bank’s forward-thinking vision and reinforced its position as a leader in adopting technology-driven solutions for regulatory compliance.