The 48th Annual General Meeting of IFIC Bank PLC. was held on Thursday, September 11, 2025. The AGM was conducted in a hybrid format, with the physical session taking place at the Army Golf Club, Dhaka. The meeting was presided over by Mr. Md. Mehmood Husain, Chairman & Independent Director of the Bank. Also in attendance were Mr. Md. Ebtadul Islam, Chairman of the Risk Management Committee & Independent Director; Mr. Kazi Md. Mahboob Kasem, FCA, Chairman of the Audit Committee & Independent Director; Mr. Md. Golam Mostofa, Chairman of the Executive Committee & Director; Mr. Syed Mansur Mustafa, Managing Director; Mr. Mokammel Hoque, Company Secretary; and the esteemed shareholders of the Bank, while Mr. Md. Monzorul Haque, Director was virtually participated in the event.
In his address, IFIC Bank Chairman Mr. Md. Mehmood Husain stated that IFIC, as the oldest financial institution and one of the largest banks in the country, is committed to transparency, accountability, and strategic reforms. He emphasized that the Board of Directors and the Management Team are working tirelessly to protect shareholders' interests, maintaining a firm zero-tolerance policy towards irregularities and corruption. Mr. Husain assured shareholders that, as a result of these ongoing efforts, the Bank’s overall performance and key financial indicators are expected to show significant improvement in the coming year.
The Managing Director of IFIC Bank, Mr. Syed Mansur Mustafa, stated that the Bank is taking concrete steps to strengthen governance, enhance operational efficiency, and to uphold stakeholders’ confidence. He emphasized that all initiatives are focused on safeguarding the interests of shareholders, employees, and depositors, and expressed confidence that IFIC Bank will soon go to the zenith by strength and stability.
The scheduled agenda items, including the approval of the financial statements for the year ended 2024 and the appointment of auditors, were also approved at the meeting, which was conducted by Mr. Mokammel Hoque, Company Secretary of IFIC Bank.