Eastern Bank PLC has teamed up with Prokriti O Jibon Foundation to support a large-scale mangrove restoration initiative aimed at strengthening climate resilience in the Sundarbans coastal belt and surrounding Satkhira areas, the bank said on Tuesday in Dhaka.
The Mangrove Restoration for Climate Resilience Project will also focus on community engagement and alternative livelihood support to tackle biodiversity loss, salinity intrusion, deforestation and broader climate change impacts.
As part of its corporate social responsibility, EBL Managing Director Ali Reza Iftekhar handed a cheque to Prokriti O Jibon Foundation Chairman Muqeed Majumdar Babu at a ceremony at the bank’s head office on 24 February. Iftekhar said environmental, social and governance principles are central to EBL’s operations and that the partnership will help protect the environment and reduce climate risk while supporting vulnerable communities.
Babu described the Sundarbans — the world’s largest mangrove forest — as Bangladesh’s “natural shield against climate adversity” and said the collaboration reaffirms a commitment to restore degraded ecosystems and empower coastal communities.
Officials from both organisations attended the event. From POJF, they included Programme Manager Shamim Ahmed Administrator and Chief Financial Officer Md Ahmadul Haque Senior Executive Mahfuz-Ul-Haque Banna and Director of Photography Aminul Islam Swapan. From EBL, attendees included Additional Managing Director Ahmed Shaheen Deputy Managing Director and Head of Corporate Banking Riad Mahmud Chowdhury Company Secretary Md Abdullah Al Mamun FCS Head of Administration and Security Maj Md Abdus Salam psc (Retd) Head of Communications and External Affairs Ziaul Karim Head of Business Information Systems Md Maskur Reza FCA and Head of CRM Mostafa Sarwar.
