Staff Reporter, Dhaka : The Premier Bank PLC organized a day long BAMLCO Conference at its Learning & Talent Development Center (LTDC), Head Office, Banani, to enhance knowledge and capabilities in Anti Money Laundering (AML) and Combating the Financing of Terrorism (CFT).
The conference was inaugurated by Dr. Arifur Rahman, Chairman, The Premier Bank PLC. Md. Mofizur Rahman Khan Chowdhury, Executive Director & Deputy Head, Bangladesh Financial Intelligence Unit (BFIU), attended the event as the Chief Guest. M. Nurul Alam, CGIA, Independent Director, and Md. Monzur Mofiz,
Managing Director (Current Charge), The Premier Bank PLC, were present as Special Guests.
In his remarks, the Chief Guest Md. Mofizur Rahman Khan Chowdhury emphasized the necessity of building a strong, risk-based and sustainable compliance framework within the banking sector to effectively prevent money laundering and terrorist financing. He highlighted the importance of regular capacity building, effective transaction monitoring systems, and timely identification, analysis and reporting of suspicious transactions.
In his inaugural remarks, Chairman Dr. Arifur Rahman stated, “Compliance is one of the key foundations of trust and sustainable growth in banking. By equipping our officials with appropriate knowledge and effective tools, Premier Bank continues to reaffirm its commitment to integrity and transparency. He further stated, “The previous practice of inflating expenses, a common money-laundering technique, has been fully eliminated. As a result, our compliance culture has become so strong that even I personally receive EDD calls for transactions involving certain amounts—clearly reflecting our commitment to responsibility and strict compliance.”
Managing Director (Current Charge) Md. Monzur Mofiz noted that in order to ensure transparency, accountability and good governance in the banking system, Premier Bank will continue its operations in strict adherence to the policy guidelines of Bangladesh Bank and BFIU.
The conference was attended by senior officials including S M Wali Ul Morshed, Deputy Managing Director, Retail Banking; Mohammad Al Amin, Deputy Managing Director & Chief Credit Officer; Md. Naquibul Islam, SEVP CAMLCO (Acting), Sadia M. Hannan, CAMS, Deputy CAMLCO (Acting) along with branch managers, Branch AML Compliance Officers, and senior officials from the Head Office. Around 150 participants took part
in the day-long program.
During the conference, BFIU resource persons Shadril Ahmed, Additional Director, and Md. Jaynul Abedeen, Joint Director, conducted detailed sessions on domestic laws, transaction monitoring, KYC and EDD implementation challenges, regulatory reporting processes, and risks related to trade-based and credit-backed