DHAKA, March 21, 2024 (BSS) – Experts at a thought leadership event today laid emphasis on ‘paradigm shift’ for banks to make Bangladesh truly digital.

They made the suggestion at the event on ‘Design Thinking for Digital Enterprise’ at a hotel in the city.

Intellect Design Arena Ltd, a cloud-native, future-ready, new-gen multi-product FinTech company for the world's leading financial and insurance institutions, hosted the event exclusively for the technology-suave bankers in Bangladesh.  

The event was held along with Sonali Intellect Limited, a leading financial technology company in Bangladesh and Intellect’s Joint Venture in the nation.

Debdulal Roy, Executive Director, Bangladesh Bank delivered the keynote address.  

Other Dignitaries present at the event were Md. Afzal Karim, CEO and MD, Sonali Bank; Subhash Chandra Das, DMD, Sonali Bank; Mohammed Rezwan Al Bakhtiyar, CITO, Sonali Bank; Mohammad Jahangir, MD and CEO, Rupali Bank; Md. Abdul Jabber, MD & CEO, Janata Bank; Mohammed Monirul Moula, MD and CEO, Islami Bank; Tanvir A Mishuk, Founder and MD, Nagad; Prof. Kaykobad, Director, Sonali Bank & Independent Director Sonali Intellect; Rubaba Dowla, Country Managing Director, Oracle; Basab Bagchi, CEO, Thakral Information Systems Pvt. Ltd. and S.M Jahangir Akhter, CEO, Sonali Intellect Limited.

The event brought together over 50 top leaders from the Bangladesh banking sector, who deliberated that the Digital Enterprise transformation signifies more than just migrating processes to the cloud or creating mobile-friendly interfaces.
 
The forum discussed the journey towards a Digital Enterprise for banks, starting with technology. The thought leaders discussed holistic redesign in the panel discussion, ensuring that all operations are easily accessible on various devices and centralised platforms.

During his keynote address, Debdulal Roy, Executive Director, Bangladesh Bank, said digital transformation presents an array of opportunities for banks in Bangladesh.

“By harnessing the power of digital technologies, banks can not only enhance customer experience but also drive operational efficiency and tap into previously underserved market segments. This is crucial in a country where rural communities often lack access to traditional bank branches. The digital platform allows individuals to conveniently manage their finances and engage in transactions, promoting financial literacy and inclusion,” he added.

Commenting about the event, Ramanan SV, Director, Sonali Intellect and CEO, India and South Asia, Intellect Design Arena, said, “This confluence of industry visionaries and experts brought together a wealth of ideas on how financial institutions can digitally empower themselves to get ready on becoming the next-gen powerhouses. Sonali Intellect has been dedicated to delivering innovative solutions to disrupt customer experience.”