Islami Bank Bangladesh Limited (IBBL) Managing Director Mohammad Abdul Mannan attended as the key speaker a three-day global conference titled “FIPS DELHI 2013” held recently in the Indian capital.
The conference focused on different trends, options and methodologies being adopted by diverse countries in varying degrees of success and experimentation on the globally important agenda of financial inclusion, said a press release on Thursday.
Mannan, in his presentation on ‘Financial Inclusion and Mobile Financial Services’, addressed the core ideas of Financial Inclusion from an Islamic view point, the status of financial inclusion in Bangladesh as compared to South Asia and role of mobile financial services in augmenting the scale of financial inclusion.
He underscored the need for cooperation among the organisations concerned to upgrade the living standard of the lower income and underprivileged people by making them financially knowledgeable and reaching array of banking services to their doorstep.
His presentation expounded the role of microfinance in Bangladesh, especially that of IBBL, towards reducing the gap between the haves and the have-nots, and women empowerment that are essential parameter of the development of the country.
Organised by ELETS and CSDMS of India, the conference was attended, among others, by Jesudasu Seelam, State Minister for Finance of India; Santanu Sengupta, Director, ACMFI–UK; MP Narayanan, President, Elets Technomedia Pvt Ltd, India; Mehboob Chowdhury, CEO, Citycell, Bangladesh; Rakesh Sethi, Executive Director, Union Bank of India; Ed Brandt, EVP, MD, Government Services and Solutions, MasterCard Worldwide; Dr C Rangarajan, Chairman, Economic Advisory Council to the Prime Minister, Government of India; and R Chandra Shekar, Former Secretary, Department of Telecommunication, Government of India along with globally known thought leaders, industry experts from the financial services eco-system across the globe. – UNB