NCC Bank PLC shareholders approved a proposed amendment to Article 108(1) of the bank’s Articles of Association at its 12th Extra-ordinary General Meeting (EGM) held on Tuesday through a digital platform.
The amendment proposal was approved during the meeting chaired by NCC Bank Chairman Mohammed Nurun Newaz Salim, with Vice-Chairman Abdus Salam and other directors participating, the bank said in a press release.
Among those attending the meeting were Chairman of the Executive Committee Khairul Alam Chaklader, Md Moinuddin, Mohammed Sazzad Un Newaz, former Vice-Chairman Tanzina Ali, Syed Asif Nizamuddin, Shamima Newaz, Morshedul Alam Chaklader, Nahid Banu and Independent Director Meer Sajed-Ul-Basher, FCA.
Managing Director M Shamsul Arefin, Additional Managing Directors M Khurshed Alam and Md Zakir Anam, Deputy Managing Directors Mohammed Mizanur Rahman, FCA and Md Habibur Rahman, along with Company Secretary (Current Charge) Md Nazrul Islam Chowdhury, FCS, were also present at the meeting.
Addressing the meeting, Chairman Mohammed Nurun Newaz Salim said the initiative to amend the relevant article was taken based on advice from the regulatory authority and marked an important step for the bank.
He said the amendment process was completed in line with applicable rules, regulations and legal procedures.
Managing Director M Shamsul Arefin responded to shareholders’ queries and highlighted different aspects of NCC Bank’s continued progress and journey in the banking sector.
