Monday, 15 July, 2024, Reg No- 06
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SBAC Bank holds 11th AGM

Published : Monday, 24 June, 2024 at 12:00 AM  Count : 183

SBAC Bank holds 11th AGM

SBAC Bank holds 11th AGM

The 11th Annual General Meeting (AGM) of SBAC Bank PLC was held on Saturday through hybrid system in combination of online and physical presence at RAOWA Center.

Chairman of the Board of Directors of the Bank Mr. AZM Shofiuddin Shamim MP presided over the meeting, says a press release.

The shareholders approved seven other agendas in the meeting including the Audited Financial Statements along with Auditors Report and Directors report for the year ended on 31st December 2023.

The meeting also declared two percent cash dividend for shareholders, elect/reelect retired directors in the AGM and the appointment of Independent Directors.

The Managing Director and CEO Habibur Rahman spoke in the Annual General Meeting (AGM). Among others, Directors of the Bank Mohammed Ayub, Mohammad Nawaz, Mohammad Mahbubor Rahman, Shohel Ahmed and Independent Director Md Sajidur Rahman were present in the AGM.

The shareholders and sponsor shareholders participated in the AGM in addition to banks Additional Managing Director Md Nurul Azim, Senior Executives, Divisional Head and Branch Managers. The EVP and Company Secretary of the bank Md Mokaddess Ali moderated the programme.

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