Dhaka, Bangladesh (BBN)- A reception program of four Executives and officers of Islami Bank Bangladesh Limited was held on Tuesday at the Board Room of Islami Bank Tower in Dhaka on the occasion of their joining at Jaiz Bank, the first Islami Bank in Nigeria.

Md. Setaur Rahaman, Deputy Managing Director of IBBL will work as Chief Operating Officer, Md. Saidur Rahman, Vice President will work as Head of Training, Md. Shakil Mahmood, Senior Principal Officer as IT Specialist and Md. Touhidur Rahman Principal Officer will work as Operation Manager at Jaiz Bank, Nigeria.

Presided over by Mohammad Abdul Mannan, Managing Director of the Bank the function was attended by Hafizul Islam Mian, Enginner Muhammad Dawood Khan, Professor Mohammad Nazrul Islam and Humayun Bokhteyar, ACPA, FCA. Mohd. Shamsul Haque, Md. Habibur Rahman and Md. Nurul Islam, Deputy Managing Directors of the Bank were present at the function.   

Engineer Eskander Ali Khan, Chairman, Executive Committee was present as Chief Guest at the occasion.

A management agreement was signed between Islami Bank Bangladesh Limited and Jaiz Bank, Nigeria on Wednesday at Sonargaon hotel in the capital.

Earlier another technical agreement was signed on 24 December, 2010.

Under these agreements Islami Bank Bangadesh Limited will make available suitable, qualified and experienced personnel required for the efficient operation of the business, develop capacity building programs for the training and development of the workforce, design and implement appropriate procedures for all processes, transactions and products to ensure smooth, efficient and effective operations, select and implement an appropriate information technology platform, develop a marketing policy and strategy for the business, design, develop and entrench an appropriate Islamic Banking risk management framework, assist in establishing a competent Shari`ah Supervisory Board and design and implement an efficient and effective role out program including branch development of Jaiz Bank, Nigeria.

BBN/SSR/AD-26Oct11-10:55 am (BST)