Premier Bank holds day‑long BAMLCO Conference in Dhaka

The Premier Bank PLC organised a day‑long BAMLCO Conference at its Learning and Talent Development Centre (LTDC) at the head office in Banani to enhance knowledge and capabilities in Anti‑Money Laundering (AML) and Combating the Financing of Terrorism (CFT).
The conference was inaugurated by Chairman Dr Arifur Rahman. Md Mofizur Rahman Khan Chowdhury, Executive Director and Deputy Head of the Bangladesh Financial Intelligence Unit (BFIU), attended as the chief guest. Independent Director M Nurul Alam CGIA and Managing Director (current charge) Md Monzur Mofiz were present as special guests.

In his remarks, chief guest Md Mofizur Rahman Khan Chowdhury stressed the need for a strong, risk‑based and sustainable compliance framework within the banking sector to effectively prevent money laundering and terrorist financing. He highlighted the importance of regular capacity building, effective transaction‑monitoring systems, and timely identification, analysis and reporting of suspicious transactions.

In his inaugural address, Chairman Dr Arifur Rahman said, "Compliance is one of the key foundations of trust and sustainable growth in banking. By equipping our officials with appropriate knowledge and effective tools, Premier Bank continues to reaffirm its commitment to integrity and transparency." He added that the previous practice of inflating expenses, a common money‑laundering technique, had been fully eliminated, noting that even he personally receives EDD calls for transactions involving certain amounts — a reflection of the bank's strong compliance culture.

Managing Director (current charge) Md Monzur Mofiz said Premier Bank would continue to operate in strict adherence to the policy guidelines of Bangladesh Bank and the BFIU to ensure transparency, accountability and good governance in the banking system.
Senior officials, including Deputy Managing Director (Retail Banking) S M Wali Ul Morshed; Deputy Managing Director and Chief Credit Officer Mohammad Al Amin; SEVP CAMLCO (acting) Md Naquibul Islam; and Deputy CAMLCO (acting) Sadia M Hannan CAMS, attended the conference along with branch managers, Branch AML Compliance Officers and senior officials from the head office. Around 150 participants took part in the day‑long programme.

BFIU resource persons Shadril Ahmed, Additional Director, and Md Jaynul Abedeen, Joint Director, conducted detailed sessions on domestic laws, transaction monitoring, KYC and EDD implementation challenges, regulatory reporting processes, and risks related to trade‑based and credit‑backed money laundering.