CEOs need BB nod for foreign travel

From now on, chief executive officer (CEO) of any financial institution has to take permission from the Bangladesh Bank before leaving the country, reports UNB.Bangladesh Bank in a circular on Monday made this mandatory provision. Earlier, a similar provision was made for the CEOs of the banks operating across the country.The central bank circular, issued by the Financial Institutions and Market Department, said that if any CEO of a financial institution stays outside the country for a long period of time for official work or enjoying personal leave, it may create potential management and operational risks, including financial loss alongside decreasing overall institutional pace, which is not expected anyway.The application must have necessary and detailed information about the applicant, including his and his institution’s names, national ID number, passport number, purpose of the visit, approximate expense of the travel, proposed time of the travel, address in abroad, and the information of last travel

Source: https://today.thefinancialexpress.com.bd/trade-market/ceos-need-bb-nod-for-foreign-travel-1627317960

Linde Bangladesh donates oxygen booth to KMCH

Linde Bangladesh Limited, the country’s leading industrial and medical gases company, donated an oxygen booth recently to Khulna Medical College Hospital (KMCH), one of the largest COVID-19 facilities in Khulna, to provide support for emergency patients amid the COVID-19 surge in the country.The Oxygen Booth will be managed by the hospital authorities and is set up near the emergency wing entrance of the hospital, covering a 120 sqft area. Medical staff will be able to use it to provide medical oxygen support up to 10 patients simultaneously while awaiting admission to the hospital.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/linde-bangladesh-donates-oxygen-booth-to-kmch-1627319024

CBC appoints new CEO

Commercial Bank of Ceylon (CBC) group has announced the appointment of Mr. NajithMeewanage as the Chief Executive Officer (CEO) at Bangladesh Operations.A career banker who has served Commercial Bank of Ceylon PLC throughout the entirety of his 29 years working career, Mr. Meewanage has held several key positions in the management. In 2015 he was appointed as the Chief Operating Officer – Bangladesh in which capacity he served and built the operations in Bangladesh.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/cbc-appoints-new-ceo-1627319166