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Lenovo Secures a Momentous Deal with Islami Bank Bangladesh’s Largest Commercial Bank

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Lenovo, the global technology leader, today announced the handover of 1500 units of the Cutting edge ThinkCentre Neo 50s desktops to Islami Bank Bangladesh Limited, the largest commercial bank in the country, marking a moment of partnership for both organizations. Lenovo commenced its engagement with the bank by providing them with latest machines with continuous technical support whenever required. Through open & collaborative discussions, unwavering product and tech support, Lenovo effectively earned the confidence of Islami Bank’s IT team, laying the groundwork for a long-lasting partnership.

The announcement came in a Lenovo product handover ceremony organized today evening at a 5-Star Hotel in Dhaka, the capital city of Bangladesh.

With this significant win, Lenovo is set to furnish Islami Bank Bangladesh Limited with its advanced technology, tailored to meet the bank’s specific needs and requirements. The deal encompasses a remarkable volume and revenue, with 1500 units of Lenovo ThinkCentre Neo 50s desktops.

Islami Bank Bangladesh Limited has a formidable presence in Bangladesh, boasting an extensive network of 394+ branches, 236 Sub-branches, and more than 2696+ agent banking outlets that span across the nation, including small towns and villages. Lenovo’s collaboration with Islami Bank has already begun to yield positive results, enhancing the brand awareness and solidifying its presence in the Financial Sector. 

Mr. Naveen Kejriwal – General Manager- Overseas Business, Consumer, Commercial & Tablets of Lenovo comments said at the occasion “We are thrilled to embark on this transformative journey with Islami Bank Bangladesh Limited, which further underscores Lenovo’s commitment to empowering businesses with innovative and reliable technology solutions. This collaboration represents a strategic opportunity for Lenovo to make a positive impact on Bangladesh’s financial landscape, and we look forward to supporting Islami Bank’s vision and mission with our cutting-edge products and unparalleled service. We would also like to extend out thanks to our valued partners 1. Excel Technologies Ltd., 2. Computer Village and 3. Bracnet Limited, who have helped us cover the last mile in reaching out to the customer and expanding our brand presence in the Country.”

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At the event, Excel Technologies Ltd. Managing Director Mr. Goutam Saha said “Country’s young generation would be the key-force in building Smart Bangladesh. that included making smart citizens, a smart economy, a smart government and smart society. It is important that we invest in ourselves today, so we can excel tomorrow. Hence, the TIME is NOW, for us to focus on getting future-fit, and unleash the potential of Bangladesh in the coming days. We must keep an open mind for learning and growing, because the heights of our dreams determine the heights of our next achievements. Excel Technologies Ltd. is one of the leading IT Companies in Bangladesh started their journey back in 1999. At Excel Technologies Ltd., we support the national security surveillance mission of our government with excellence. With the huge range of products from internationally reputed hardware manufactures the company emphasize on providing customers with prompt, effective and quality product and services.”

J.Q. M Habibullah, FCS  Additional Managing Director, Islami Bank Bangladesh Ltd, Mr. Mukarram Husain, Head of Operations, Bracnet Ltd., Mr. Mohammad Jashim Uddin Managing Partner Computer Village, Mr. Masud Hossain, Director of Excel Technologies and other respected officials from Lenovo, Islami Bank Bangladesh Limited and Excel Technologies Ltd. were also present at the event.

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BSEC chairman Shibli Rubayat resigns

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Bangladesh Securities and Exchange Commission Chairman Prof Shibli Rubayat-Ul Islam resigned today.

He sent his resignation letter to the official concerned at the finance ministry.

He stepped down citing health reasons, said Abdur Rahman, secretary of the Financial Institutions Division of the Ministry of Finance, confirming receipt of the letter.

The development came five days after Sheikh Hasina’s government fell and she fled Bangladesh in the face of a civil uprising.

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Islam has remained absent from work for the past several days.

Islam, a Dhaka University teacher, was appointed as chairman of the BSEC in 2020. Last May, he was reappointed for another four-year tenure.

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Progressive Life Insurance Company organizes 199th Board Meeting

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The 199th board meeting of Progressive life Insurance Company Limited (PLICL) was held in the organization’s corporate office in the capital’s National Scout Bhaban on Wednesday 10 July 2024. It was presided over by PLICL Acting Chairman M. Shoeb Chowdhury.

The meeting was also attended by Directors viz Bajloor Rashid, MBE, Zakariya Ahad,Mezanur Rahman,DR. Md. Jamil Sharif, Phd, FCMA,DR. Tazrina Farah,Babel Miah,Kamal Miah, M A Karim,Gulam Mostafa Ahmed. Managing Director and Chief Executive Officer Md. Saidul Amin, Additional Managing Director Md. Mizanur Rahman Shipon, Senior Executive Vice President & Company Secretary Abdullah Al Mansur.

The participants in the meeting talked about pending claim settlements, business development plans and laid emphasis on complying with regulatory norms, laws and principals.

The officials of Progressive life Insurance Company Limited greeted the newly appointed Acting Chairman M. Shoeb Chowdhury with flowers at the beginning of the meeting.

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Anwar Group of Industries Organized ‘Induction of Leadership’ program

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Anwar Group of Industries, a leading Bangladeshi conglomerate, celebrated a momentous occasion with the formal induction of its new leadership team.

In a ceremony held at the Dhaka Chamber of Commerce and Industry (DCCI), Mr. Manwar Hossain, Chairman of Anwar Group of Industries, officially announced Mr. Hossain Mehmood as Vice Chairman and Mr. Hossain Khaled as the Group Managing Director of Anwar Group of Industries. Additionally, Mr. Furkaan N Hossain, Mr. Waeez R Hossain, and Ms. Faizah Mehmood were sworn in as Deputy Managing Director of Anwar Group of Industries.

The “Induction of Leadership” ceremony on March 3, 2024, marked a memorable and new chapter for Anwar Group of Industries. At the ceremony, Mr. Manwar Hossain, Chairman of Anwar Group of Industries, presented the group’s brooches to Mr. Hossain Mehmood, Mr. Hossain Khaled, Mr. Furkaan N Hossain, Mr. Waeez R Hossain, and Ms. Faizah Mehmood. The ceremony was also attended by members of the Anwar family, stakeholders, and employees.

Committed to empowering its employees and creating a shared vision for the future, Chairman of Anwar Group of Industries, Mr. Manwar Hossain announced a groundbreaking move, all future employees will be made shareholders. This bold initiative underscores the group’s belief in the value of its employees and its commitment to building a sustainable and inclusive future.

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