COUNCIL

The management and superintendence of the affairs of the Institute vest in a Council which consists of the President, one Vice-President and such number of members from amongst (a) the Fellows  ; and (b) the representatives of Bangladesh Bank, public sector banks, private sector banks, foreign banks and financial institutions who contribute to the expenditure of the Institute, as may be decided upon by the Council from time to time.

President :  The Governor of Bangladesh Bank is the President of the Institute and Chairman of the Council.

Vice-President : The Vice-President of the Institute and Vice-Chairman of the Council is elected by the Council from amongst the Nationalized Commercial Banks in alphabetical order for such period as may be determined by the Council.

A member of the Council may resign from it by addressing a letter to the Council to that effect and on the acceptance of such resignation, his office becomes vacant.

Powers of the Council : Subject to the provision of the Societies Registration Act, 1860 (Act No. XXI of 1860) and the Memorandum of Association and Rules of the Institute, the Council may exercise all such powers of the Institute and do all such acts and things which may be exercised or done by the Institute.
Provided that no rule made by the Institute at any General meeting shall invalidate any prior act or decision of the Council, which would have been valid if that rule had not been made.

Generally, the Council may exercise the following powers : -
(i) To appoint officers and other staff as may be necessary to run the Institute and remove and suspend them at its discretion and to determine their powers and duties and to fix their salaries and other emoluments and to acquire security from them in such circumstances and of such amount as the Council may think fit.
(ii) To pay the costs, charges and expenses, preliminary and incidental to the promotion, formation, establishment and registration of the Institute.
(iii) To purchase or otherwise acquire for the Institute any property, rights or privileges, movable or immovable of whatever nature, for such price and on such conditions as the Council may think fit.
(iv) To sell or lease or otherwise dispose of all or any portion of the property of the Institute whether movable or immovable as may be thought desirable.
(v) To invest and deal with moneys not immediately required for the purpose of the Institute and to borrow or raise money required for the purpose of the Institute upon such terms and in such manner and on such securities as may be determined by the Council.
(vi) To secure the fulfillment of any contracts or engagements entered into by the Institute by mortgage, charge on all or any of the property of the Institute or in such other manner as the Council may think fit.
(vii) To institute, conduct, defend, compound or abandon any legal proceedings by or against the Institute or otherwise concerning the affairs of the Institute and also to compound and allow time for payment or satisfaction of any debts due and of any claims or demands by or against the Institute.
(viii) To make and give receipts, releases and other discharges for money payable to the Institute and for the claims and demands of the Institute.
(ix) To designate a person who shall sign on behalf of the Institute bills, notes, receipts, acceptances, endorsements, cheques , leases, contracts and documents.
(x) To set aside any funds of the Institute for creating any building or special fund or reserve fund and to post the income arising there from to the credit of such funds.
(xi) To appoint any Committee or Sub-Committee of members of the Council or of the Institute for any special purpose as the Council may determine and to delegate necessary power as it may think fit for such Committees or Sub-Committees.
(xii) To make, vary and repeal such regulations and bye-laws as the Council may consider expedient for the proper management and working of the Institute.
(xiii) To enter into all such contracts and rescind and vary all such contracts, and execute and do all such acts, deeds and things in the name and on behalf of the Institute as the Council may consider expedient for the purpose of the Institute.
(xiv) To determine the rate (s) of attendance fees that may be paid to the members of the Council and of the Committees/Sub-Committees constituted by it for attending the meetings thereof.

Restriction on powers of the Council:
Without the approval of the General or Extraordinary General Meeting of the members of the Institute, the Council shall not
(i) sell, lease or otherwise dispose of the whole or substantially the whole of the undertaking of the Institute ;
(ii) remit or extend time for the repayment of any debt due by a member of the Council ; and
(iii) contribute to charitable and other funds not directly related to the business of the Institute or of the welfare of its employees.

Standing Committees of the Council :
In managing the affairs of the Institute, the Council is assisted by 3 (three) Standing Committees which are constituted by the Council from its members for a tenure of 1 (one) year each. These Committees are as follows : -

(i) Administration and Finance Committee :
This Committee consists of 5 (five) members taken from each category of Council Member Commercial Banks and DFIs in alphabetical order .

Functions of the Committee : To make recommendations to the Council on matters relating to creation of posts of officers and other employees, and recruitment and promotion policies ; to approve recommendations of the Tender and Purchase Committee of the Institute ; to take decisions regarding administrative and financial matters which do not require prior approval of the President or of the Council of Institute subject to post-facto approval of the Council ; etc.

(ii) Syllabus and Examination Committee :
This Committee consists of 7 (seven) members 6 (six) of whom are taken from six categories of Council member Banks (including Bangladesh Bank)/FIs and 1 (one) member is taken from two Fellows who are members of the Council. Alphabetical order is followed in selecting members of this Committee.

Functions of the Committee : To recommend to the Council appropriate syllabus for the Banking Diploma Examination (Part-I and Part-II) conducted by the Institute ; to approve the time-table of the Banking Diploma Examination (Part-I and Part-II), remunerations of various external persons engaged in examination work, results of the Banking Diploma Examination and awards/prizes to be given to the deserving examinees ; to award punishments for various offences committed by candidates in the examination ; etc.

(iii) Journal and Library Committee :
The composition of Journal and Library Committee is the same as that of Syllabus and Examination Committee and the same rationale is followed in selecting members of this committee as that followed in case of Syllabus and Examination Committee.

Functions of the Committee : To look after the qualitative standard and timely publication of the half-yearly Journal of the Institute; to determine remunerations of the Editor and other persons associated with the Journal ; to select the Editor of the Journal, reviewers of the articles and the articles to be published in the Journal ; to oversee proper management and development of the Institutes library, procurement/collection of books, magazines, periodicals, journals, etc. as per need of the readers ; etc.

CONSTITUTION OF THE COUNCIL

(For the year 2011)

Sl No
Category of Member
Number and represented by
1
Bangladesh Bank
3 Members                                                                                             The Governor as Ex-officio Chairman                                                   Deputy Governor-I as member                                                             Deputy Governor-II as member
2
State owned Commercial Bank (SCB)
4 Members                                                                                             Managing Director & CEO of Sonali Bank Ltd as Vice-Chairman        CEO & Managing Director of Janata Bank Ltd as member           Managing Director & CEO of Agrani Bank Ltd as member          Managing Director of Rupali Bank Ltd as member
3
Agricultural DFI
1 Member                                                                                          Managing Director of Bangladesh Krishi Bank (BKB) as member
4
Industrial DFI
2 Members                                                                                         Managing Director of Bangladesh Development Bank Ltd (BDBL) as member                                                                                              Managing Director of Investment Corporation of Bangladesh (ICB) as member
5
Specialized Financial Institution
2 Members                                                                          Managing Director of Ansar VDP Unnayan Bank as member    Managing Director of Bangladesh House Building Finance Corporation (BHBFC) as member
6
Private Commercial Bank
5 Members                                                                   Managing Director & CEO of Mercantile Bank Ltd as member            Managing Director & CEO of Mutual Trust Bank Ltd as member        Managing Director of National Bank Ltd as member                      Managing Director & CEO of National Credit & Commerce Bank Ltd as member                                                                             Managing Director of One Bank Ltd as member
7
Private Financial Institution
2 Members                                                                          Managing Director of IIDFC Ltd as member                                  Managing Director of Islami Finance Ltd as member
8
Foreign Private Commercial Bank
1 Member                                                                             Country Manager of Hong Kong Shanghai Banking Corporation Ltd as member
9
Fellow
1) Mr. A. Q. Siddiqui, Chairman, Bangladesh Commerce Bank Ltd      2) Mr. Murshid Kuli Khan, Deputy Governor, Bangladesh Bank.  
 
                 Total:
22 (twenty two) members

 LIST OF MEMBERS OF IBB COUNCIL FOR THE YEAR 2011

01.
Dr Atiur Rahman                                                      Governor, Bangladesh Bank
Chairman
02.
Mr. Md. Humayun Kabir                                            Managing Director & CEO, Sonali Bank Ltd
Vice-Chairman
03.
Mr. Md. Nazrul Huda                                                  Deputy Governor, Bangladesh Bank
Member
04.
Mr. Ziaul Hassan Siddiqui                                              Deputy Governor, Bangladesh Bank
Member
05.
Mr. S M Aminur Rahman                                               CEO & Managing Director, Janata Bank Ltd
Member
06.
Mr. Syed Abdul Hamid                                              Managing Director & CEO, Agrani Bank Ltd
Member
07.
Mr. M. Farid Uddin                                                      Managing Director, Rupali Bank Ltd
Member
08.
Mr. Md. Mukter Hussain                                           Managing Director, Bangladesh Krishi Bank
Member
09.
Mrs. Karabi Mujib                                                          Managing Director (Addl. Charge), Bangladesh Development Bank Ltd
Member
10.
Mr. Md. Fayekuzzaman                                           Managing Director, Investment Corporation of Bangladesh
Member
11.
Mr. M. A. Yousoof                                                     Managing Director, Ansar-VDP Unnayan Bank
Member
12.
Mr. Kazi Faqurul Islam                                              Managing Director, Bangladesh House Building Finance Corporation
Member
13.
Mr. A. K. M. Shahidul Haque                                    Managing Director & CEO, Mercantile Bank Ltd
Member
14.
Mr. Anis A. Khan                                                      Managing Director & CEO, Mutual Trust Bank Ltd
Member
15.
Mr. Neaz Ahmed                                                         Managing Director, National Bank Limited
Member
16.
Mr. Mohammed Nurul Amin                                     Managing Director & CEO, NCC Bank Limited
Member
17.
Mr. Farman R. Chowdhury                                        Managing Director, ONE Bank Limited
Member
18.
Mr. Md. Asaduzzaman Khan                                    Managing Director, Industrial and Infrastructure Development Finance Co. Ltd
Member
19.
Mr. M. Rabiul Islam                                                      Managing Director, Islamic Finance and Investment Ltd.
Member
20.
Mr. Sanjay Prakash                                                       Chief Executive Officer, The Hong Kong Shanghai Banking Corporation Ltd
Member
21.
Mr. Murshid Kuli Khan                                             Fellow, IBB and Deputy Governor, Bangladesh Bank
Member
22.
Mr. A. Q. Siddiqui                                                           Fellow, IBB and Chairman, Bangladesh Commerce Bank Ltd
Member


LIST OF THE STANDING COMMITTEES OF IBB FOR THE YEAR 2011
ADMINISTRATION & FINANCE COMMITTEE
Sl. No.
Name of Bank/FI
Represented by
Portfolio in the Committee
1.
Rupali Bank Ltd
Mr. M. Farid Uddin     Managing Director
Chairman
2.
Bangladesh Development Bank Ltd
Mrs. Karabi Mujib      Managing Director (Addl. Charge)
Member
3.
Mercantile Bank Ltd
Mr. A. K. M. Shahidul Haque  Managing Director & CEO
Member
4.
Mutual Trust Bank Ltd
Mr. Anis A. Khan        Managing Director & CEO
Member
5.
National Bank Ltd
Mr. Neaz Ahmed        Managing Director
Member
6.
Islamic Finance and Investment Ltd.
Mr. M. Rabiul Islam    Managing Director
Member


JOURNAL & LIBRARY COMMITTEE
Sl. No.
Name of Bank/FI
Represented by
Portfolio in the Committee
1.
Bangladesh Bank
Mr. Ziaul Hassan Siddiqui Deputy Governor-II
Chairman
2.
Janata Bank Ltd
Mr. S M Aminur Rahman    CEO & Managing Director
Member
3.
Bangladesh House Building Finance Corporation 
Mr. Kazi Faqurul Islam Managing Director
Member
4.
Ansar VDP Unnayan Bank
Mr. M. A. Yousoof     Managing Director
Member
5.
ONE Bank Ltd
Mr. Farman R. Chowdhury Managing Director
Member
6.
Hong Kong Shanghai Banking Corporation Ltd
Mr. Sanjay Prakash Chief Executive Officer
Member
7.
Fellow
Mr. A. Q. Siddiqui      Chairman                  Bangladesh Commerce Bank Ltd
Me

SYLLABUS & EXAMINATION COMMITTEE
Sl. No.
Name of Bank/FI
Represented by
Portfolio in the Committee
1.
Bangladesh Bank
Mr. Md Nazrul Huda        Deputy Governor-I
Chairman
2.
Agrani Bank Ltd
Mr. Syed Abdul Hamid Managing Director & CEO
Member
3.
Investment Corporation of Bangladesh
Mr. Md. Fayekuzzaman Managing Director
Member
4.
Bangladesh Krishi Bank
Mr. Md. Mukter Hussain Managing Director
Member
5.
National Credit & Commerce Bank Ltd
Mr. Mohammed Nurul Amin Managing Director & CEO
Member
6.
IIDFC
Mr. Md. Asaduzzaman Khan Managing Director
Member
7.
Fellow
Mr. Murshid Kuli Khan    Deputy Governor      Bangladesh Bank
Member

BOOK REVIEW COMMITTEE
Sl. No.
Name of Bank/FI
Represented by
Portfolio in the Committee
1.
Bangladesh Krishi Bank
Mr. Khondkar Ibrahim Khaled                   Chairman      
Chairman
2.
Bangladesh Bank
Mr. Syed Ashraf Ali Ex-Executive Director
Member
3.
Bangladesh Institute of Bank Management 
Dr. Toufic Ahmad Choudhury                  Director, BIBM
Member
4.
Citibank NA
Mr. Omar Faruque Country Compliance Officer
Member
5.
Standard Chartered Bank
Mr. Alamgir Morshed      Head of Global Market        
Member
6.
The Institute of Bankers, Bangladesh
Md. Abdul Matin       Secretary General
Member-Secretary

2005 The Institute of Bankers, Bangladesh (IBB)