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The 28th Extraordinary General Meeting (EGM) of Standard Bank Limited held Through Digital Platform

The 28th Extraordinary General Meeting (EGM) was held on Thursday, the 30th July 2020 at 11:00 AM through virtual platform. The EGM was duly conducted through the use of virtual medium as directed by the regulatory bodies instead of physical presence of the respected Shareholders and Directors in order to maintain safe social distancing against the backdrop of the on-going nationwide corona virus pandemic. Mr. Kazi Akram Uddin Ahmed, the Honorable Chairman of the Board of Directors, International Director of Lions Clubs International and former President of FBCCI presided over the meeting. Vice Chairman Mr. Md. Zahedul Hoque, Directors Messers Kamal Mostafa Chowdhury, Ashok Kumar Saha, Ferozur Rahman, Md. Monzur Alam, S. A. M. Hossain, Al-Haj Mohammed Shamsul Alam, Mohammed Abdul Aziz, Ferdous Ali Khan, Al-Haj Mohd. Yousuf Chowdhury, Kazi Khurram Ahmed, Md. Abul Hossain, Najmul Huq Chaudhury and Md. Nazmus Salehin, Managing Director & CEO Mr. Khondoker Rashed Maqsood, Additional Managing Director Mr. Md. Tariqul Azam, Deputy Managing Director Mr. Md. Motaleb Hossain and a large number of Shareholders of the Bank attended the meeting on virtual platform. Acting Group Company Secretary Mr. Md. Ali Reza FCMA conducted the meeting. At the very outset, the Hon’ble Chairman Mr. Akram Uddin Ahmed recounted the long-cherished dream of the Board of Directors to convert this Bank from conventional to a modern Islamic Shariah-based Bank. He expressed his profound gratitude to the Almighty Allah while stating that the regulatory bodies of the Bank had given their nod in this connection in principle subject to approval of the amendment to the entire object clauses of the Memorandum of Association and insertion of new clauses therein, the amendments of the relevant clauses, Articles of Association relating to Islamic Shahriah Principles by the Shareholders present in the EGM and subsequent clearance of the same by the Competent Court. He concluded his speech by thanking all Shareholders present in the meeting for their unflinching support towards the formation of a modern Islamic Shariah-based Bank in the country. Mr. Khondoker Rashed Maqsood, Managing Director & CEO also gave his welcome speech to the Hon’ble Shareholders on his mission to convert this Bank into a modern Islamic Shariah-based Bank.