NRB Bank PLC has successfully convened its Twelfth Annual General Meeting (AGM), marking another significant milestone in the institution’s journey towards strengthening corporate governance and stakeholder confidence. The AGM served as a clear demonstration of the bank’s enduring commitment to transparency, accountability, and meaningful shareholder engagement, all of which remain central to its governance philosophy.
According to an official press release, the AGM was held on Thursday using a hybrid format, reflecting NRB Bank’s adaptability to a rapidly evolving corporate environment. Shareholders who attended physically gathered at the prestigious Westin Dhaka in the capital, while many others joined the proceedings virtually from different parts of the country and abroad. This blended approach not only ensured wider participation but also underscored the bank’s inclusive mindset and embrace of modern governance practices.
During the meeting, all agenda items were approved unanimously by the shareholders. These included the adoption of the audited financial statements for the preceding financial year, the declaration of dividends, and the appointment of statutory as well as corporate governance auditors for 2025, along with the determination of their remuneration. The smooth and consensual approval of these matters reflected the shareholders’ confidence in the bank’s financial discipline and strategic direction.
The AGM was presided over by the bank’s Founder and Chairman, Iqbal Ahmed OBE, DBA. In his address, he provided a comprehensive overview of NRB Bank’s recent performance, strategic priorities, and long-term vision. He highlighted that, despite ongoing global and domestic economic challenges, the bank remains firmly focused on prudent risk management, sustainable growth, and the reinforcement of stakeholder trust. His remarks reaffirmed the board’s commitment to steering the bank responsibly through an increasingly complex financial landscape.
A large number of sponsors, independent directors, and shareholders participated both in person and online. Their active engagement throughout the meeting was a strong endorsement of the bank’s governance framework and operational integrity. Several members of the board of directors and senior management were also present, including Executive Committee Chairman Md Kamrul Islam Chowdhury, Audit Committee Chairman AKM Mizanur Rahman, FCA, and Risk Management Committee Chairman Sheikh Md Salim. Independent directors Ferdous Ara Begum and Sk Matiur Rahman also addressed the meeting, emphasising their role in ensuring impartial oversight and sound corporate governance.
Managing Director and Chief Executive Officer Tarek Riaz Khan delivered a detailed briefing to shareholders on the bank’s operational achievements, financial discipline, and future priorities. The formal proceedings of the AGM were overseen by M Badiuzzaman, Chairman of NRB Bank Securities PLC, and Md Rezaul Karim, Company Secretary of NRB Bank PLC.
The successful convening of the Twelfth AGM went beyond fulfilling statutory obligations. It reinforced NRB Bank’s standing as a professional and responsible financial institution. Through open discussions, a transparent question-and-answer session, and active shareholder participation, the AGM vividly reflected the bank’s commitment to responsible banking, robust corporate governance, and the creation of long-term value for all stakeholders.