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UCB holds 32nd Annual General Meeting

United Commercial Bank Ltd. holds its 32nd Annual General Meeting on 31 March 2015 at International Convention City, Bashundhara, Dhaka presided over by Mr. M A Hashem; Honourable Chairman of the Bank.

In the AGM, shareholders have approved 20% stock and 10% cash dividend for the financial year 2014.

The honourable Chairman Mr. M A Hashem in his speech to shareholders said that UCB had generated attractive financial results 2014. UCB gained a tremendous growth in every arena like operating profit, loan and advances, deposit etc. Commitment towards society through immense involvement in CSR activities and adopting green banking also shows UCB as not only revenue generating entity but also concerned towards society. He also expressed that UCB will be continuing to serve the interest of shareholders, clients and communities at large.

Among others Vice Chairman of UCB Mr. Mr. Sharif Zahir; Chairman, Executive Committee Mr. Anisuzzaman Chowdhury Ronny; Chairman, Audit Committee Lt. Gen. (Retd.) Abu Tayeb Muhammad Zahirul Alam, rcds, psc; Chairman, Risk Management Committee Mr. M. A. Sabur; Directors namely Mr. Md. Jahangir Alam Khan, Hajee Yunus Ahmed, Hajee M. A. Kalam, Mr. Abdul Gaffar Chowdhury, Mr. Asifuzzaman Chowdhury, Mrs. Sultana Rezia Begum, Mr. Shabbir Ahmed, Mrs. Rukhmila Zaman, Mr. Nurul Islam Chowdhury and Mr. Syed Mohammed Nuruddin were present in the AGM.

UCB Managing Director, Mr. Muhammed Ali sketched the backdrop of success and the cumulative scenario of achievement of the bank in his speech. He told that UCB developed a balanced and sustainable business model against all obstacles through organic growth.

Apart from Managing Director; Additional Managing Directors Mr. M Shahidul Islam and Mr. Mirza Mahmud Rafiqur Rahman; Deputy Managing Directors Mr. Md. Tariqul Azam and Mr. Mohammed Shawkat Jamil along with Senior Executives as well as a large number of shareholders were present in the AGM. The programme was conducted by Company Secretary of the bank Mr. ATM Tahmiduzzaman ACS.

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