Mutual Trust Bank holds 26th AGM, approves 10% stock dividend

Mutual Trust Bank PLC (MTB) held its 26th Annual General Meeting (AGM) virtually on 9 July 2025 via a digital platform, with shareholders, directors, and senior executives participating from across the country.

The meeting was presided over by MTB Chairman Rashed Ahmed Chowdhury. During the session, the shareholders approved a 10% stock dividend for the year ended 31 December 2024.
Board Directors Khwaja Nargis Hossain, Syed Nasim Manzur, Tapan Chowdhury (representing Astras Ltd.), Daniel De Lange (representing Norfund), Alternate Director Md. Riasad Uddin, Independent Directors Dr. Mohammad Tareque, Shib Narayan Kairy, and Zareen Mahmud Hosein, along with MTB Managing Director & CEO Syed Mahbubur Rahman and DMD & Company Secretary Rais Uddin Ahmad, were present at the meeting.

The AGM also provided an overview of the bank's financial performance and strategic initiatives undertaken over the past year. MTB management reaffirmed its commitment to innovation, digital transformation, and long-term value creation for shareholders.
The Chairman expressed his appreciation to shareholders, customers, regulatory bodies, and employees for their continued support. He noted that, despite a challenging economic environment, the bank had made steady progress through prudent risk management and a customer-centric approach.

The Managing Director and CEO, Syed Mahbubur Rahman, addressed the shareholders on the bank's performance outlook, highlighting digital banking advancements, strengthened governance, and improved asset quality as key priorities in the future.
A large number of shareholders attended the virtual AGM and expressed their confidence in the leadership and direction of the bank.