Jamuna Bank Structure and Governance

Jamuna Bank is a private commercial bank in Bangladesh, established in 2007. It has a strong presence in the country with 83 branches and over 10,000 employees.

The bank's structure is based on a simple and efficient organizational framework. At the top is the Board of Directors, which oversees the overall strategy and direction of the bank.

The bank is led by a Managing Director, who is responsible for the day-to-day operations and management of the bank. The Managing Director is supported by a team of senior executives who oversee various departments and functions.

The bank's governance structure is designed to ensure transparency and accountability, with clear lines of authority and decision-making processes.

Jamuna Bank has a leadership change, with Robin Razon Sakhawat appointed as Chairman on October 29.

The bank has a regular reporting schedule, releasing earnings results for the third quarter and nine months ended September 30, 2024, on October 20.

Jamuna Bank's leadership and reporting practices are notable, with a clear structure in place for these key functions.

The Board of Directors of Jamuna Bank PLC is responsible for governing the overall affairs of the bank. They are a group of highly experienced and skilled individuals who bring their expertise to the table to ensure the bank runs smoothly.

The composition of the Board of Directors is diverse, with a total of 20 members. This is according to the information provided in the "Basic Facts and Economic Indicators" section.

Here is a breakdown of the Board of Directors composition:

The Board of Directors of Jamuna Bank PLC is a diverse group of individuals with a range of expertise and experience.

The Executive Committee of Jamuna Bank PLC plays a crucial role in the bank's decision-making process. It's comprised of experienced professionals who oversee various aspects of the bank's operations.

Mirza Elias Uddin Ahmed is the CEO of Jamuna Bank PLC, a position he has held since November 23, 2016. As CEO, he is responsible for leading the bank's overall strategy and direction.

For your interest: First Security Islami Bank PLC

Uttam Saha serves as the Director of Finance/CFO, but we don't have information on when he joined the bank. The Director of Finance is responsible for managing the bank's financial resources and planning.

A. K. Atiqur Rahman is the Chief Tech/Sci/R&D Officer, but we don't have information on when he joined the bank. This role involves overseeing the bank's technology and scientific research initiatives.

Here is a list of the Executive Committee members mentioned in the article:

Jamuna Bank has had some notable developments in the recent past. Robin Razon Sakhawat was appointed as the Chairman on October 29.

The bank has been reporting its earnings results, with the latest report covering the Third Quarter and Nine Months Ended September 30, 2024, released on October 20.

Jamuna Bank's leadership has been making important announcements, with the appointment of a new Chairman being a significant one.

Jamuna Bank's operations are designed to be efficient and customer-centric. The bank has a wide network of branches and sub-branches across the country, making it easily accessible to its customers.

Jamuna Bank has a robust ATM network with over 1,000 ATMs across Bangladesh, allowing customers to access their accounts 24/7. This extensive network ensures that customers can perform their banking transactions at their convenience.

In Bangladesh, Jamuna Bank PLC saw a significant increase in sales from 2022 to 2023, with a total of 12.97 billion.

The bank's sales in Bangladesh have fluctuated over the years, ranging from 9.66 billion in 2021 to 12.97 billion in 2023.

Interestingly, 2022 saw a slight decrease in sales from 2021, but 2023 bounced back with a notable increase.

Here's a breakdown of the bank's sales in Bangladesh and Off Shore Banking Unit over the years:

In Jamuna Bank PLC's operations, sales by activity play a significant role. The bank's conventional sales have been steadily increasing, reaching 13 billion takas in 2023.

The bank's conventional sales have shown a notable increase in 2023, reaching 13 billion takas. This is a significant jump from 10.16 billion takas in 2022.

Conventional sales have been the primary source of revenue for the bank, accounting for the majority of its sales. In 2023, conventional sales made up 92% of the bank's total sales.

Here's a breakdown of the bank's conventional sales by year:

Islamic sales, on the other hand, have been steadily decreasing, reaching 191 million takas in 2023. This is a significant drop from 332 million takas in 2019.