Brac Bank board attends AMLand CFT awareness session
Brac Bank PLC has organised an anti-money laundering (AML) and combating the financing of terrorism (CFT) awareness session for its board of directors and senior management, reaffirming the bank's commitment to strong regulatory oversight and compliance at the highest level.
Md Mofizur Rahman Khan Chowdhury, executive director and head (current charge) of the Bangladesh Financial Intelligence Unit (BFIU), and Juairia Haque, joint director of BFIU, facilitated the session at the bank's head office in Dhaka on 29 December 2025.
BFIU officials underscored the importance of a strong "tone from the top" culture, highlighting that active engagement by the board and senior leadership is essential to embedding an effective AML and CFT control framework across the organisation. The discussion emphasised leadership accountability, risk-based decision-making and sustained vigilance in addressing evolving financial crime risks.
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The programme aimed to deepen board-level understanding of AML and CFT regulatory expectations, strengthen oversight responsibilities and reinforce senior management's role in fostering a robust compliance culture across the bank.
Among those present were Meheriar M Hasan, chairperson; Faruq Mayeenuddin Ahmed, vice chairperson; Salek Ahmed Abul Masrur, independent director and chair of the board risk management committee; and Chowdhury MAQ Sarwar, independent director and chair of the board audit committee.
Other board members, including Dr Zahid Hussain, Farzana Ahmed, Lila Rashid and Anita Ghazi Rahman, were also present, along with Tareq Refat Ullah Khan, managing director and chief executive officer, and members of the senior management.
Speaking at the session, Md Mofizur Rahman Khan Chowdhury emphasised the critical oversight roles of the board of directors and senior management in preventing money laundering and terrorist financing. He highlighted leadership accountability, risk-based decision-making and sustained vigilance in addressing emerging financial crime risks, noting that governance failures remain a major challenge for banks.
The engagement reflects BRAC Bank's continued focus on strengthening governance, ensuring regulatory compliance and promoting transparency and ethical banking practices.
