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Bangladesh Institute of Bank Management

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The Bangladesh Institute of Bank Management (BIBM) is the premier institute in Bangladesh for acquiring and exercising banking knowledge. It is an educational, training and research institution in bank management supported and supervised by the Bangladesh Bank (central bank of Bangladesh) and almost all the leading banks and a few financial institutions of Bangladesh. Established as a national level training institute in the banking sector in 1974 under the Societies Act, 1860. BIBM caters primarily to the requirements of training of the mid and senior-level officers of banks and financial institutions. BIBM has started Masters in Bank Management (MBM) program in 1997 with the affiliation of National University. For smooth running of the MBM program, Center for Post Graduate Studies (CPGS) has been established. Thereafter, Evening MBM (EMBM) program has been started from July 2006 with the same University. After the successful completion of 16 batches of MBM and 5 batchesof EMBM, MBM program has been affiliated with the University of Dhaka in 2012. As a requirement of affiliation under the University of Dhaka, BIBM has created Dhaka School of Bank Management (DSBM) for smooth running of the MBM program. Besides, the institute conducts workshops, seminars, round table discussions and undertakes research on banking and allied fields regularly and provides consultancy services to banks and other organisations on request.

About BIBM

Bangladesh Institute of Bank Management (BIBM) was established in 1974 primarily to train officials of banks and financial institutions of Bangladesh. Since then, BIBM has extended its scope to include providing Masters in Bank Management (MBM) and Evening MBM (EMBM) degrees, carrying out research in banking and finance, holding seminars and round table discussions, and aiding financial institutions in their recruitment.

Even with these activities, which are somewhat complementary with one another, training still occupies the centre-stage of BIBM operation. But BIBM now imparts training to only mid-level and senior officials of banks and financial institutions and generally in areas where all its members have common interest.

Beside training and education, BIBM's current activities include undertaking research, organising seminars and publishing reports on the issues relevant to the banking and financial sector. BIBM publishes a journal and a bulletin on a regular basis. The institute also provides support in recruiting bank officials. Since inception till December 2010 BIBM trained a total of 63,269 officers of banks and financial institutions. Further, 523 MBM graduates passed out from BIBM during the period 1996–2010 and almost all of them have joined the banking profession. Besides, 55 Evening MBM graduates passed out from BIBM since inception in 2006.

Governing Board

Chairman

Members

  1. Deputy Governors, Bangladesh Bank
  2. Managing Director & CEO, Sonali Bank Limited
  3. Managing Director & CEO, Janata Bank Limited
  4. Managing Director & CEO, Agrani Bank Limited
  5. Managing Director & CEO, Rupali Bank Limited
  6. Managing Director & CEO, Pubali Bank Limited
  7. Managing Director, Uttara Bank Limited
  8. Managing Director, Bangladesh Krishi Bank
  9. Managing Director, Bangladesh Development Bank Limited
  10. President & Managing Director, AB Bank Limited
  11. Managing Director, National Bank Limited
  12. Managing Director & CEO, Eastern Bank Limited
  13. Managing Director, United Commercial Bank Limited
  14. Managing Director, Islami Bank Bangladesh Limited
  15. Managing Director, IFIC Bank Limited
  16. Managing Director, Rajshahi Krishi Unnayan Bank
  17. CEO, Standard Chartered Bank
  18. Managing Director, Dutch-Bangla Bank Limited
  19. Managing Director & CEO, Mercantile Bank Limited
  20. Managing Director, ONE Bank Limited
  21. Managing Director, Al-Arafah Islami Bank Limited
  22. Managing Director & CEO, National Credit and Commerce Bank Limited
  23. Managing Director & CEO, Trust Bank Limited
  24. Managing Director, Southeast Bank Limited
  25. Managing Director, Social Islami Bank Limited
  26. CEO, The Hongkong and Shanghai Banking Corporation Limited
  27. Managing Director, Standard Bank Limited
  28. Managing Director & CEO, Export Import Bank of Bangladesh Limited
  29. Managing Director & CEO, Mutual Trust Bank Limited
  30. Managing Director, BASIC Bank Limited
  31. Managing Director, Jamuna Bank Limited
  32. President & Managing Director, Bank Asia Limited
  33. Managing Director, First Security Islami Bank Limited
  34. Managing Director & CEO, Meghna Bank Limited
  35. Managing Director, South Bangla Agriculture and Commerce Bank Limited
  36. Managing Director & CEO, NRB Commercial Bank Limited
  37. Country Director, WOORI Bank Limited

Member-Secretary

  • Director General, BIBM

Directors

Director General

  • Dr. Toufic Ahmad Choudhury; BSc (Hons.), MSc PhD (Economics, India)

Dr. Muzaffer Ahmad Chair Professor

  • Khondkar Ibrahim Khaled; Former Deputy Governor, Bangladesh Bank and chairman, Bangladesh Krishi Bank

A. K. Gangopadhaya Chair Professor

  • S. A. Chowdhury; M.B.A (I.B.A), Dhaka University, Master in Management (A.I.M), Manila, Philippines, Former chairman, Bangladesh Krishi Bank and Former managing director, Sonali Bank Ltd.

Supernumerary Professor

  • Dr. Bandana Saha; B.A (Hons.) M.S. PhD (Economics, USS.R)

Agrani Bank Chair Professor

Directors

  • Dr.Shah Md. Ahsan Habib; Professor and Director (Training ); B.A. (Hons.), M.A. (Economics), PhD (International Finance, India), PDF(USA).
  • Dr. Prashanta Kumar Banerjee; Professor and Director (Research, Development & Consultancy)B.Com. (Hons.), M.Com. (Accounting),PhD (Finance, India), PDF(USA).
  • Md. Mohiuddin Siddique; Associate Professor and Director (DSBM); B.S.S. (Hons.), M.S.S. (Economics), M.A. (Economics, Japan), DCA (BIBM)

Dhaka School of Bank Management (DSBM)

BIBM has started Masters in Bank Management (MBM) program in 1997 with the affiliation of National University. For smooth running of the MBM program, Center for Post Graduate Studies (CPGS) has been established. Thereafter, Evening MBM (EMBM) program has been started from July 2006 with the same University. After the successful completion of 16 batches of MBM and 5 batchesof EMBM, MBM program has been affiliated with the University of Dhaka in 2012. As a requirement of affiliation under the University of Dhaka, BIBM has created Dhaka School of Bank Management (DSBM) for smooth running of the MBM program. The MBM Program is a professional postgraduate program for bank officers and others who plan career in banking and allied fields. The primary emphasis of the program is to develop skills for management of banks and financial institutions.

Bangladesh Institute of Bank Management

During the implementation of Financial Sector Reform Project in 1993, the international expert Harris Jafry proposed first to introduce MBM Program at BIBM to mitigate the deficit of efficient manpower in Banking sector. In his FSRP report he said: "The MBM degree program would be developed and implemented in collaboration with some well-known foreign universities that would be approached to provide support to the program during the initial years."

He also said "The objectives of the MBM degree program is to bring about a dramatic improvement in the operational quality of the financial system through the institution, over a decade, of some 1000 MBM degree recipients into the financial system. While those graduates would commence their careers at the entry level, they are expected to demonstrate a superior job performance and rise rapidly to senior position."

Evening MBM (EMBM) Program

The Evening MBM degree is a two-year eight months program consisting of eight terms, each term being of four months duration. The program constitutes course work of 72 credit hours, that is, a student shall have to complete 24 courses (3 credit hours for each course). In each term, a student is required to take three courses as prescribed by the National University. In addition, every student must write a project paper (in the last term) weighing 3 credit hours and appear for a viva-voce at the end of II, IV, VI and VII terms, weighing in total 3 credit hours. Marks obtained in the project paper and term-end viva-voce will be graded as per EMBM grading system. The class size consists of 50 students selected on a competitive basis.

The EMBM program begins with a sequence of fundamental/core courses like Business Communication and Report Writing, Principles of Accounting, Business Mathematics, Principles of Management, Principles and Practices of Banking, Business Statistics, Management of Financial Institutions, International Trade Payment and Finance, Credit Management in Banks etc. Besides the core courses, the students have to choose two courses among a range of eight elective courses in the eighth term.

Research & Consultancy

Consultancy

BIBM often conducts recruitment tests of different level bank officers on request of banks. In addition, faculty members of the institute undertake a number of research consultancy projects every year in the area of banking, finance and allied field.

Recent consultancy research projects were:

  • How to Approach Banks for Short Term Credit
  • Bank Survey on SMEs in Bangladesh
  • Domestic Factoring in Bangladesh

Research

Research is one of the important wings of BIBM. In response to new challenges in banking and finance, the institute undertakes a number of research projects in the selected areas to develop a body of banking knowledge, aid banking policy formulation and improve the overall effectiveness of banking activities.

Research projects undertaken in 2010 were:

  1. Efficiency and Effectiveness of Linkage Credit Programs in Bangladesh
  2. Information System Security in Banks: Bangladesh Perspective
  3. Online Banking in Bangladesh
  4. An Assessment of the Operation of Documentary Collection in Bangladesh
  5. A Comprehensive Study on the Competitiveness of the Banking Industry in Bangladesh
  6. A Survey on the Potentials of Commodity Market Development in Bangladesh

Publications

The institute publishes a quarterly journal named 'Bank Parikrama. The main objective of the journal is to publish articles, notes, comments, etc. in the fields of banking, finance, economics and allied subjects. Submitted articles and notes are published based on the review report given by the experts of the relevant field. The journal has been progressively getting popularity over the years. The journal is available with Tk. 50.00 for the inland readers and with US$2.00 for foreign readers.

Bank Parikrama a Journal of Banking & Finance, is a quarterly journal of the Bangladesh Institute of Bank Management (BIBM) published in March, June, September and December each year.[1]

References