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State-owned BASIC Bank Limited held the Managers' Conference - 2025 on Sunday, February 02, 2025, at BIAM Auditorium, Eskaton, in the Capital.
Mr. Helal Ahmed Chowdhury, Chairman, Board of Directors of the Bank, inaugurated the conference as Chief Guest While Md. Quamruzzaman Khan, Managing Director and CEO of the bank presided over the meeting and delivered the welcome speech.
Dr. Nahid Hossain, Dr. Md. Abdul Khaleque Khan (Freedom Fighter), Md. M. Latif Bhuiyan and Md. Rafiqul Islam, Directors of the Bank were present as special guests.
Among others, Abu Md. Mofazzal, Deputy Managing Director, along with Md. Ismail, Md. Momenul Hoque, Md. Nashir Uddin, Sumit Ranjan Nath, Md. Hasan Imam, Dulon Kanti Chakrabarty, Md. Ghulam Syeed Khan, and Md. Saidur Rahman Sohel, General Managers, Branch and Sub-Branch In-charges, and Divisional In-charges of the Bank were also present at the conference.
Mr. Helal Ahmed Chowdhury, Chairman of the Board of Directors, delivered a comprehensive speech outlining a bold and forward-looking strategic vision for the organization.
He emphasized on bank’s strategic plan and its implementation aimed at reducing operational costs by 20 per cent.
Mr. Chowdhury gave special instructions on massive loan recovery efforts by the formation of a dedicated 60 task force teams and expediting the legal procedures.
He also underscored the importance of enhancing operational efficiency, the mobilization of deposits, compliance of all regulatory instructions, maintenance of high ethical standards, human resources development through massive training, and ensuring quality customer services.
Chowdhury also highlighted the organization's focus on improving its earnings position by turning all branches profitable.
At the conference, other speakers emphasized on recovery of defaulted loans, the disbursement of new loans, and the collection of low-cost deposits.
Necessary guidance and instructions on other strategies of the bank were also delivered to the managers, the release adds.