Meghna Bank
 Together We Sail | |
| Company type | Commercial Bank |
|---|---|
| Industry | Financial services Banking |
| Founded | 21 April 2013 |
| Headquarters | Suvastu Imam Square (level 3 & 6) | 65, Gulshan Avenue (Gulshan-1) Dhaka-1212 Bangladesh | Contact Center: 16735 Local & +8809610016735 (Overseas) |
Number of locations | 51 |
Area served | Bangladesh |
Key people | H. N. Ashequr Rahman[1] (Chairman) Kimiwa Saddat (Managing Director & CEO (CC)) |
| Products | Banking services, ATM services Consumer Banking |
| Services | Conventional, Islamic Banking |
 | |
Number of employees | 1000+ (2024) |
| Website | https://www.meghnabank.com.bd |
Meghna Bank PLC is a renowned fourth-generation bank headquartered in Gulshan, Dhaka, Bangladesh. Established on May 9, 2013,[2] by entrepreneur and politician H.N. Ashequr Rahman, the bank has been in operation for a decade.[3]
History and Vision[edit]
Meghna Bank Ltd. (MGBL) is a scheduled commercial bank established as a public limited company in Bangladesh in March 2013. It officially commenced banking operations on May 9, 2013, holding a license from Bangladesh Bank.
The bank currently operates 51 branches, 10 Islamic banking windows, 18 agents,[4] and 18 own ATM booths strategically located across the country, with free access to 12,000 ATM booths nationwide.
In February 2020, Meghna Bank obtained permission to operate an Islamic Banking Unit, and in October 2020, it established an Off-shore Banking Unit (OBU) for foreign currency services.[5][6] The bank also has subsidiary investments in Meghna Bank Securities Limited.[7]
Founder[edit]
H. N. Ashequr Rahman is a prominent figure in Bangladeshi business, politics, and academia. Born on December 11, 1941,[8] he pursued his academic journey at Rajshahi University. Later in 1972, he played a vital role as the Administrator of Dhaka Municipality. Beyond his career, Mr. Rahman is a successful businessman, co-founded East West University[9] and is the founder and chairman of Meghna Bank Limited Mr. Rahman has had a noteworthy political career, serving in multiple parliamentary sessions, including as State Minister for Environment and Forests, and as Treasurer of the Awami League since 1993.
Leadership[edit]
| Name | Role[10] |
| H.N. Ashequr Rahman | Chairman of the Board of Directors |
| Imrana Zaman Chowdhury | Vice Chairperson of the Board of Directors |
| Tanveer Ahmed | Director |
| Mohammed Mamun Salam | Director & Chairman, Executive Committee |
| Nuran Fatema | Director |
| Lion Jahangir Alam Manik | Director |
| Uzma Chowdhury | Director |
| Ishmam Raidah Rahman | Director |
| Rehana Ashequr Rahman | Director & Chairperson, Risk Management Committee |
| S M Rezaur Rahman | Director & Chairman, Audit Committee |
| Tarana Ahmed | Director |
| Dr. Zahara Rasul | Director |
| Md. Mahamudul Alam | Director |
| Aresha Manami Shafiq | Director |
| Javed Kaiser Ally | Director |
| Abu Haydar Chowdhury | Director |
| Dr. Syed Ferhat Anwar | Independent Director |
| Md. Ahsan Ullah | Independent Director |
| Kimiwa Saddat | MD & CEO (Current Charge) |
Managing Director & CEO[edit]
The Board of Directors of Meghna Bank PLC appointed Mr. Kimiwa Saddat as Managing Director (CC)[11] in its 166th meeting held on January 28, 2024, with effect from February 11, 2024, until further advice.
Mr. Kimiwa Saddat joined Meghna Bank PLC on March 25, 2019, and was promoted to Deputy Managing Director in May 2023. Under his leadership, Meghna Bank Corporate Banking is being recognized as one of the preferred names among leading corporate houses in the country. He played a pivotal role in achieving the 1st International Award for the Bank “Asian Banking & Finance Wholesale Banking Award, 2021.”.
He has approximately 21 years of experience in the banking and financial sector, covering both local and multinational banks. Mr. Saddat is a Certified Financial Consultant (CFC) from the Institute of Financial Consultants (IFC) in Canada. An MBA from the Department of Finance, University of Dhaka Mr. Saddat has expertise in corporate & SME credit, offshore banking, FI credit lines and business, trade services, supply chain finance, recovery solutions, structured finance, cash management solutions, lease finance, and Islamic banking..[12]
Products[edit]
The bank provides a wide range of services catering to different industries, such as RMG and Textiles, Food and agrobusiness, Infrastructure and Energy, Technology Financing, and more. Deposits, loans, and credit card services for different consumer segments are classified according to different needs and preferences.[13][14][15]
Distribution Network: 51 Branches, 24/7 Internet Banking, and access to more than 12,000 ATM booths.[16]
Expansion[edit]
With 51 branches spread across Bangladesh, including key locations in Dhaka, Meghna Bank is also currently expanding its branches/, sub-branches/, gent banking outlets/Mobile Financial Service Meghna Pay’s cash-in, cash and out points.[17]
See also[edit]
References[edit]
- ^ "Board of Directors". basicbanklimited.com. Archived from the original on 17 July 2016. Retrieved 28 July 2016.
- ^ "A fourth generation Bank, Meghna Bank Limited commenced its operation from May 09, 2013"". www.meghnabank.com.bd.
- ^ "Meghna Bank celebrated its 10th anniversary. | The Financial Express". The Financial Express.
- ^ "Meghna Bank Agent Banking".
- ^ ""We've already launched OBU (Offshore Banking Unit) to facilitate foreign currency unit trade support for domestic customers." The Financial Express".
- ^ ""Meghna Bank Limited Launches Offshore Banking Operations."".
- ^ "Meghna Bank Securities Limited".
- ^ "H. N. Ashequr Rahman MP biography".
- ^ "Member, Board of Trustees, EWU".
- ^ "Meghna Bank Ltd. Board of Directors".
- ^ "Kimiwa Saddat takes over as MD & CEO (CC) of Meghna Bank".
- ^ "Kimiwa Saddat takes current charge as Meghna Bank's new MD". The Daily New Nation.
- ^ ""Meghna Bank unveils four new deposit products."". The Daily Star.
- ^ "Bangladesh Bank Info".
- ^ "Meghna Bank Ltd. Products".
- ^ "Meghna Bank opens ATM Booth in Rangpur". The Financial Express BD.
- ^ "All Branch and ATM Location of Meghna Bank Ltd".
