Modhumoti Bank Holds 46th Risk Meeting

The 46th meeting of the Risk Management Committee of the Board of Directors of Modhumoti Bank PLC was held on Wednesday, in accordance with the bank’s scheduled board-level governance framework.

The meeting was chaired by Mr Mostafa Kamal, Chairman of the Board’s Risk Management Committee of Modhumoti Bank PLC. It was convened as part of the committee’s regular supervisory function in relation to the bank’s risk governance system and associated internal control mechanisms.

Members of the committee present at the meeting included Mrs Sultana Jahan, Mr A Mannan Khan, and Mr Md Shafiul Azam, who serves as the Managing Director and Chief Executive Officer of Modhumoti Bank PLC. Their attendance reflected the established structure of the committee, which combines representation from the Board of Directors and senior executive management to ensure integrated oversight of risk-related matters.

The Risk Management Committee operates as a key component of the bank’s governance architecture. Its primary responsibility is to assist the Board in overseeing the institution’s overall risk exposure and in ensuring that appropriate frameworks are in place to identify, measure, monitor, and control various categories of risk. These typically include credit risk, market risk, liquidity risk, operational risk, and compliance-related risk, in line with standard banking governance requirements.

In its routine proceedings, the committee is generally engaged in reviewing risk assessment reports, monitoring adherence to internal risk limits, and evaluating the effectiveness of existing risk mitigation strategies. It also considers updates relating to regulatory compliance and internal control systems, with the objective of maintaining financial discipline and operational resilience.

The 46th meeting followed this established pattern of oversight. It provided a formal setting for committee members to discuss matters relating to risk governance and to fulfil their supervisory responsibilities. No specific resolutions, decisions, or detailed agenda items were disclosed following the meeting.

The composition of the committee members present at the meeting is outlined below:

Such board-level committee meetings are a standard feature of corporate governance practice in commercial banking institutions. They are designed to ensure that risk management considerations remain central to both strategic oversight and operational decision-making processes.

Modhumoti Bank PLC continues to maintain its risk governance structure in accordance with applicable regulatory expectations for the banking sector. Through the activities of the Risk Management Committee, the Board of Directors is supported in maintaining oversight of institutional risk exposure, strengthening internal control systems, and ensuring that governance practices remain aligned with prudential standards.