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SCB partners with Kumudini Welfare Trust to train Bangladesh’s next generation of nurses

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Standard Chartered Bangladesh has partnered with Kumudini Welfare Trust of Bengal (BD) Limited to train and provide employment opportunities for the next generation of Bangladeshi nurses.

As part of this initiative, the Bank will support 118 students from the Kumudini Nursing School and College (KNSC) in their journey to complete their formal education and attain their Bachelor of Science (B.Sc.) in Nursing from the institution over the course of the next 18 months.

The graduates will be guaranteed employment at the Kumudini Hospital for a term of at least two years – enabling all beneficiaries to gain practical work experience and hone their skills.

Futuremakers by Standard Chartered, the Bank’s flagship community engagement programme, is designed to help the next generation to learn, earn, and grow.

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Facilitating healthcare is a core focus for institutions nationwide while driving education is integral to the bank’s Futuremakers initiative.

Standard Chartered Bangladesh is working with Kumudini Welfare Trust and its sister concerns to make an impact by providing access to quality health education – especially for young women from communities in need, who might otherwise not have been able to pursue a career in nursing.

Naser Ezaz Bijoy, CEO of Standard Chartered Bangladesh said: “Taking care of the health and wellbeing of a nation that is 170 million strong is a mammoth task. Meeting the needs of our people will require an increasing number of highly trained nurses and health professionals. We are proud to partner with the Kumudini Welfare Trust – which is a role model for the institutionalisation of philanthropy in Bangladesh over multiple generations – to provide aspiring nurses with much-needed access to certified healthcare education. Developing employable skills is a core focus area for Standard Chartered. Kumudini Welfare Trust’s commitment to guaranteeing two years of employment for students from the Kumudini Nursing School & College is essential in advancing women’s representation in the workforce.”

Rajiv Prasad Shaha, chairman and managing director of Kumudini Welfare Trust of Bengal Limited said: “Kumudini has been training nurses since late 1943, beginning with a batch of five British trainer nurses who started providing services at Kumudini Hospital and concurrently training the local womenfolk. Since then, Kumudini has come a long way, becoming one of the first in the private sector to offer BSc Nursing courses, as well as the first to offer M. Sc. Nursing courses. We endeavour to bring out quality nurses, many of whom many working as practising nurses and administrators in reputed hospitals at home and abroad.”

The agreement between Standard Chartered Bangladesh and Kumudini Welfare Trust of Bengal (BD) Limited was signed by Naser Ezaz Bijoy and Rajiv Prasad Shaha.

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As the nation’s long-term partner in progress, Standard Chartered has consistently been linked to Bangladesh’s inspiring story of growth and resilience. For more than 118 years, the bank has remained dedicated to driving commerce and development by investing in communities, expanding the reach and scale of services to promote greater inclusion, and creating new opportunities for stakeholders.

Founded in 1947, the Kumudini Welfare Trust of Bengal (BD) Limited is one of the oldest and largest charitable organisations in Bangladesh.

The Kumudini Nursing School and College – a sister concern of the Trust – is dedicated to teaching and training prospective nurses. Kumudini Hospital is a private hospital in Tangail that is managed by Kumudini Welfare Trust. The hospital is funded by the Trust and provides free healthcare.

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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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