EXIM Bank holds special meeting to strengthen investment recovery efforts

A special meeting aimed at reinforcing and accelerating investment recovery efforts was held on Saturday at the head office of EXIM Bank, with the participation of ten key branches from the Dhaka Division. The meeting focused on reviewing branch-wise performance, assessing ongoing recovery initiatives, and setting out future targets.

According to a press release, Md. Sawkatul Alam, Executive Director of Bangladesh Bank and Administrator of EXIM Bank, attended the programme as the Chief Guest. In his address, he instructed the branch managers to intensify and expedite their investment recovery activities. He stressed that timely and efficient recovery is essential for maintaining the bank’s financial stability, and each branch must play a coordinated and proactive role in meeting its targets.

The event was also attended by Abdul Aziz (Jumma), Additional Managing Director; Maksuda Khanam, Deputy Managing Director and Head of the Investment Recovery Division; Deputy Managing Director Md. Moidul Islam; managers of the ten selected Dhaka branches; and senior officials of the Investment Recovery Division. Each participant discussed their respective branch’s progress, challenges, and recovery prospects.

Discussions at the meeting highlighted the importance of adopting strategic approaches for effective investment recovery, improving risk management procedures, strengthening communication with clients, and accelerating restructuring processes for long-pending investments. The need to enhance technology-based services, improve data analysis capabilities, and strengthen internal branch management was also emphasised.

Concluding the meeting, the Chief Guest expressed optimism that a structured and coordinated recovery approach would significantly reinforce EXIM Bank’s overall financial position. He urged branch managers to remain dedicated and outcome-driven in carrying out their responsibilities.

KhaborwalaAJ