City Bank’s 36th Annual General Meeting (AGM) Held
The 36th Annual General Meeting (AGM) of City Bank was held on Wednesday, June 26, 2019 at Kurmitola Golf Club, Dhaka. Aziz Al Kaiser, Chairman of the Bank, presided over the meeting. Also present at the AGM were Vice Chairman Hossain Khaled; Directors: Tabassum Kaiser, Savera H. Mahmood, Hossain Mehmood; Managing Director & CEO Mashrur Arefin and Additional Managing Director Sheikh Mohammad Maroof. A large number of shareholders and the Bank’s senior officials also attended the event.
In his welcome speech, Chairman Aziz Al Kaiser mentioned that City Bank has been emphasizing on fueling its progressive transformation through which it can continue as the country’s leading digital bank. He expressed his gratitude and pride, pointing to how the Bank aims to use its strong foundations to invest in achieving sustainable growth in the years ahead.
Managing Director & CEO, Mashrur Arefin ardently stated in his speech about the wholesome approach of City Bank to serve the lives and financial purposes of people from all the sectors and spheres of societies. He appraised the diversity it brought to the Bank’s functionality in total.
The shareholders also asked various questions regarding the Bank’s progress and performance and these questions were answered in detail by the chairman.
Following the Board of Directors’ recommendation, 6% Cash and 5% Stock dividend has been declared. It was approved by the shareholders.