From now on, the concerned person must have minimum post-graduate degree in order to be a Managing Director of the Scheduled Bank of Bangladesh. In addition to appointing MD, higher dignitaries will be given importance in the field of economics, accounting, finance and banking, management or business administration. Any person who has a third division in the results of any stage of the examination can not be appointed as an MD. Central Bank has issued a notification on Monday to introduce new conditions for recruitment of MD.
According to the central bank rules, 15-year banking experience for appointment to the post of MD and minimum 2 years in previous posts of MDC. In the absence of a company chairman or director or employee, a person dismissed from that position is considered ineligible to be appointed as a bank's MD. Apart from this, the person involved in the bank or financial institution's business or business interests of the bank is also considered ineligible to be an MD.
In accordance with the rules laid down by the Bangladesh Bank, the financial position of the bank, the amount of business and earning capacity of the bank, the qualifications of the concerned person and the previous workflow, the age and the experience, the salary and allowances of the person appointed in the same position of other banks of the same bank, in determining the salary and allowances of the bank of the bank. Is. MD's annual salary can not be increased without the improvement in the bank's major financial indicators, CAMELS. The decision of the Bangladesh Bank to appoint the MD is final. Apart from this, no one can be appointed as Advisor of the same bank at the end of the MD's term. However, it can be appointed as an advisor after at least two years of intervals.
Central Bank yesterday issued a notification, saying that if the person is to be an MD, the person concerned will have to be a minimum postgraduate degree from any recognized university of the country. For the results published in the gradeing process, GPA-3 will have to get higher SSC or equivalent and HSC or equivalent examinations. At the university level, minimum of 2.5 percent for CGPA-4 and minimum of 3 for CGPA-5.
According to the Bangladesh Bank sources, some bankers are trying to get the appointment of MD in some banks, who have many questions about educational qualifications. Besides, they did not show much superiority as a banker. Even after being a member of the Board of Directors, they can be appointed as MD. That's why Bangladesh Bank has added new educational qualifications to the appointment of MD.
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