Copyright lankabusinessonline
The corporate leadership of Commercial Bank of Ceylon, led by Mr Sharhan Muhseen, Chairman and Mr Sanath Manatunge, Managing Director/Chief Executive Officer, recently visited the Bank’s operations in Bangladesh and met with Dr Ahsan H. Mansur, Governor of Bangladesh Bank, in Dhaka. Discussions at the meeting centred on the nation’s financial stability and policy direction, the economic and regulatory environment, and ways in which Commercial Bank’s strategies can align with the objectives of Bangladesh Bank. The talks also covered enhancing the Bank’s contribution to the economy, expansion into new verticals, Sri Lanka’s accelerated economic recovery, evolving financial sector governance, and opportunities for greater cooperation between the two countries. The Bank also offered support and consultancy in Bangladesh’s transition to the IFRS reporting regime. The meeting was also attended by Mr Najith Meewanage, CEO, and Mr Mahmud Hossain, Deputy CEO and Head of Corporate Banking of Commercial Bank’s Bangladesh operations. Commercial Bank entered Bangladesh in 2003 through the acquisition of Credit Agricole Indosuez’s operations — its first-ever overseas acquisition — and has since grown into one of the most respected foreign banks in the country, operating 20 outlets. The Bank’s Bangladesh operation was adjudged the Best Foreign Bank in Bangladesh, Most Sustainable Bank in Bangladesh, Best Corporate Bank in Bangladesh, Best Customer Service Provider Bank in Bangladesh and has won several other awards and accolades from prominent magazines and institutions located in business hubs such as the USA, UK, UAE, and Singapore. It has maintained the coveted ‘AAA’ Long Term credit rating from Credit Rating Information and Services Ltd. (CRISL) for 15 consecutive years. Pictured here are members of the Commercial Bank delegation at the meeting with the Governor of Bangladesh Bank. (From Left) Mr Najith Meewanage, CEO of Commercial Bank’s Bangladesh operations, Mr Sharhan Muhseen, Chairman Commercial Bank, Dr Ahsan H. Mansur, Governor of Bangladesh Bank, Mr Sanath Manatunge, Managing Director/CEO of Commercial Bank and Mr Mahmud Hossain, Deputy CEO and Head of Corporate Banking at Commercial Bank Bangladesh.
