NCC Bank has taken a significant stride towards environmentally responsible and socially conscious banking with the launch of its pioneering Automated Environmental and Social Risk Management (ESRM) system. The technologically advanced platform is designed to streamline the bank’s credit evaluation process, ensuring speed, transparency, and accuracy while adhering to both international standards and local regulatory requirements.
The ESRM system enables real-time monitoring of environmental and social risks through a centralised database. By integrating risk assessment directly into the lending process, the platform allows the bank to identify potential ESG (Environmental, Social, and Governance) issues early, enhancing overall risk governance and accountability. This initiative reflects NCC Bank’s commitment to responsible lending and the implementation of a well-structured ESG policy.
The launch event was attended by senior executives and featured keynote speeches highlighting the strategic significance of the ESRM system. Key participants and their roles are detailed below:
| Name | Designation | Role at Inauguration |
|---|---|---|
| Mir Sajed-ul-Baser, FCA | Independent Director | Chief Guest, Inaugural Remarks |
| M. Shamsul Arefin | Managing Director | Keynote Speech |
| M. Khurshed Alam | Additional Managing Director | Guest |
| Md. Zakir Anam | Deputy Managing Director | Guest |
| Mohammad Mizanur Rahman | Deputy Managing Director | Guest |
| Md. Habibur Rahman | Deputy Managing Director | Guest |
| Nighat Mumtaz | Executive Deputy Managing Director, Head of Sustainable & Women Banking | Guest |
| Md. Sajjadul Islam | Senior Deputy Managing Director, Head of ICT | Guest |
During the inauguration, Mir Sajed-ul-Baser remarked, “Through this automated ESRM platform, NCC Bank is reinforcing its commitment to sustainable development and integrated risk management in its core operations. Incorporating environmental and social considerations into lending decisions will enhance governance and transparency across the bank.”
Managing Director M. Shamsul Arefin added, “Sustainable and environmentally responsible banking is no longer optional—it is a moral imperative. This system will ensure transparency, effectiveness, and accountability in managing environmental and social risks across our loan portfolio.”
By deploying this innovative ESRM platform, NCC Bank sets a new benchmark in the country’s banking sector, combining advanced technology, sustainable development principles, and robust governance. The system strengthens the accountability and efficiency of all types of lending activities, positioning NCC Bank as a leader in responsible and forward-looking financial services.