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Southeast Bank PLC. organized Day-Long Capacity Development Program on Sustainable Finance

Express Online ReportPublished: Oct 27, 2024 9:11 PM
Southeast Bank PLC. organized Day-Long Capacity Development Program on Sustainable Finance

Southeast Bank PLC. conducted a day-long capacity development program on “Sustainable Finance” in a hybrid format on October 27, 2024, at the Bank’s training institute in collaboration with the “Sustainable Finance Department” of Bangladesh Bank. Selected divisional heads, executives, and officials from relevant Head Office divisions, along with all branch heads, participated in the program.

The program covered key topics on Sustainable Finance, including an overview of sustainable finance, sustainable finance reporting, green refinance schemes, and Environmental and Social Risk Management (ESRM) guidelines.

The program was inaugurated by Mr. Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC., who emphasized the Bank’s strong commitment to sustainability and its strategic goal of becoming a leader in Bangladesh Bank’s “Sustainability Rating”, highlighting the crucial role financial institutions play in advancing positive environmental, social, and economic outcomes, viewing sustainable finance as essential to generating lasting value for clients and communities.

Mr. Hossain extended his sincere gratitude to Mr. Chowdhury Liakat Ali, Director, Sustainable Finance Department, along with other esteemed officials from Bangladesh Bank, acknowledging their invaluable contributions as resource persons for the program.

In the program, Mr. Chowdhury Liakat Ali, Director of Bangladesh Bank’s Sustainable Finance Department, presented on sustainable finance policy, sustainability rating methodologies, and climate-related financial disclosures. Mr. Shakhawat Hossan, Joint Director, Bangladesh Bank covered the structure of Quarterly Sustainable Finance Reporting, highlighting areas for improvement. Mr. Md. Abu Rayhan, Joint Director, Bangladesh Bank, introduced key refinance schemes including Green Transformation Fund (GTF). In the final session, Mr. Md. Abu Nayeem, Assistant Director, Bangladesh Bank, discussed Environmental and Social Risk Management (ESRM) guidelines, emphasizing the need for a strong Environmental & Social Management System (ESMS) to enhance the bank’s sustainability rating.

Mr. Masum Uddin Khan and Mr. Abidur Rahman Chowdhury, Deputy Managing Directors of Southeast Bank PLC. along with selective Divisional Heads, key executives from Head Office and Heads of Branches in Dhaka city were physically present in the program, while other Head of Branches connected online via digital platform.

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