বাংলা | Epaper

বাংলা E-Paper 📍 Dhaka 📅 Sunday | 13 September 2026, 29 Bhadro 1433 PID registration number 06

HEADLINE

● President urges zero tolerance for corruption ● Coal worth 1.9 trillion remains underground; reliance on import continues ● Is Sept 23 public holiday? ● Writ seeks ban on romance-based films, TV dramas ● Adani reopens failed power unit, Bangladesh to receive full power ● PM's Feni visit postponed ● Bakery items get costlier by up to 20pc

Bangladesh Bank to assess MDs, CEOs against performance targets

Published : Sunday, 13 September, 2026 at 7:51 PM

Observer online report

Bangladesh Bank has introduced a common Key Performance Indicator (KPI) framework to assess the performance and responsibilities of managing directors (MDs) and chief executive officers (CEOs) of banks, particularly in reducing default loans and recovering written-off loans.

The central bank issued a circular on Sunday, setting specific targets for bank chiefs and making their performance assessment dependent on progress towards those targets.

Under the new rules, banks must submit a board-approved performance assessment report to Bangladesh Bank when seeking the reappointment of an MD or CEO.

The report must detail progress towards predetermined targets and provide an overall assessment of the bank chief’s performance in protecting depositors’ interests.

The circular, issued by the Banking Regulation and Policy Department-2, said the common KPI framework was prepared to protect the interests of banks and depositors and ensure good governance and discipline in the banking sector.

An earlier circular issued on February 27 contained provisions on the appointment and responsibilities of MDs and CEOs, including requirements to reduce default loans and recover written-off loans. The new framework makes those requirements more specific and binding.

According to Bangladesh Bank, an MD or CEO’s performance will not be assessed solely on the bank’s financial results. It will also cover the interests of depositors and the bank, as well as any special responsibilities or targets set by the regulator from time to time in the public interest.

Banking sector insiders said the uniform assessment system could help curb irregularities and default loans in the sector by increasing accountability among bank chiefs and limiting opportunities for contract renewals based solely on personal connections rather than performance.

sks

Also read

Share market plunges amid investor uncertainty

Dhaka College Chhatra Dal removes roadside shops

Hefazat leaders to meet PM over property transfer law

SSF detains journalist at PM’s meeting

No impunity for criminals, even from own party: state minister

Asif Mahmud accuses ACC of ignoring AL-era corruption

French senators meet Bangladesh foreign affairs state minister

Jamaat wants to depoliticise Bangladesh with AL: Rashed Khan

Editor : Iqbal Sobhan Chowdhury

Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Advertisement: 41053012; 01793317829, 01550707291, E-mail: [email protected], ‍[email protected] Online: email: [email protected] 41053014; 01550707297 Advertisement: 01550707296

🔝