Bankers now need diploma for promotion

Bangladesh Bank has made securing a banking diploma mandatory for bankers to get promoted to senior officers and above in order to increase their skills and efficiency.

In a notice issued yesterday, the central bank said bankers are required to pass the Junior Associate of The Institute of Bankers, Bangladesh (JAIBB) and Diploma Associate of the Institute of Bankers, Bangladesh (DAIBB) examinations for securing promotions.

The two certifications are a benchmark test of knowledge and experience regarding banking rules and norms.

Bangladesh Bank also informed that potential promotees would require a certain score to secure the position of general manager or equivalent, and that banking diplomas would provide the marks.

This mandate will become effective from January 1 next year, as per the notice.