NCC Bank Commemorates Thirty-Third Anniversary With Islamic Transition Pledge

NCC Bank has celebrated its 33rd anniversary by reinforcing its commitment to sustainable financial growth, customer trust, operational innovation, and a comprehensive transition towards Shariah-compliant banking. The celebratory events commenced on 17 May at the bank’s head office with a traditional cake-cutting ceremony led by the Chairman of the Board of Directors, Md. Nurun Newaz Selim.

Executive Presence and Future Strategic Planning

The commemorative meeting was presided over by the Managing Director and Chief Executive Officer, M. Shamsul Arefin, who utilised the platform to highlight the financial institution’s progress, ongoing structural transformation, and future strategic objectives.

The event was attended by a distinguished gathering of the bank’s high-level leadership. Among those present were:

• Vice-Chairman, Engineer Abdus Salam

• Chairman of the Executive Committee, Khairul Alam Chaklader

• Former Vice-Chairman, Tanjina Ali

• Directors, Syed Asif Nizamuddin and Morshedul Alam Chaklader

• Independent Director, Mir Sajedul Basar

• Chairman of the Audit Committee, Md. Amirul Islam

The senior executive management team was also heavily represented by Additional Managing Director M. Khorshed Alam, alongside Deputy Managing Directors Md. Zakir Anam, Mohammed Mizanur Rahman, and Md. Habibur Rahman. Divisional heads from the central headquarters attended in person, while managers from various branches across the country connected to the proceedings virtually via a dedicated digital platform.

Historical Contributions and Shariah Expansion

Reflecting on the journey of the institution, Chairman Md. Nurun Newaz Selim noted that since its establishment on 17 May 1993, NCC Bank has consistently played a vital role in supporting the economic progression of Bangladesh. He stated that over the past 33 years, the institution has successfully navigated diverse macroeconomic challenges through a steadfast dedication to robust corporate governance, the cultivation of customer trust, and visionary leadership.

The Chairman remarked that NCC Bank has solidified its reputation as one of the country’s most reliable and sustainable financial institutions. Looking forward, the board intends to sustain this trajectory of success by placing a heightened emphasis on inclusive and Shariah-compliant financial services. As part of this targeted expansion, the bank has already operationalised four fully-fledged Islamic banking branches alongside 32 dedicated Islamic banking windows across various regions of the country.

Technological Transformation and Technological Roadmaps

Detailing the operational advancements, Managing Director M. Shamsul Arefin explained that through stringent risk management and corporate governance frameworks, NCC Bank has effectively transitioned into a modern, technology-driven banking structure. He emphasised that alongside achieving steady growth in deposits and loans, the management is prioritising digital transformation, customer-centric services, and sustainable banking practices.

Mr Arefin announced an ambitious long-term roadmap, stating that subject to obtaining the mandatory approvals from the regulatory authorities, NCC Bank plans to gradually convert its entire operations into a fully Shariah-compliant banking system over the next four years. To facilitate seamless, round-the-clock access to banking services from any location, the bank is actively expanding its digital infrastructure. This ongoing technological upgrade includes the deployment of Artificial Intelligence (AI)-driven personalised banking experiences, the expansion of Bangla QR payment systems, the introduction of virtual cards, and the enhancement of online payment gateways.

Concluding Prayers and Corporate Social Responsibility

Towards the conclusion of the formal anniversary proceedings, the Chairman of the Bank’s Shariah Supervisory Committee, Professor Dr Shahidul Islam Barakati, led a special prayer (doa and munajat). The congregation prayed for the continuous prosperity, financial stability, and long-term institutional success of NCC Bank.

In alignment with its 33rd-anniversary milestones, NCC Bank has also initiated a series of dedicated Corporate Social Responsibility (CSR) programmes for the current year. These newly launched social initiatives are strategically designed to prioristise income-generating activities aimed at supporting individuals and communities who have been adversely affected by environmental and climate-induced changes.