Published on 12:00 AM, July 25, 2019

IPDC celebrates DHL-The Daily Star recognition

Mominul Islam, managing director and CEO of IPDC Finance, speaks at the company’s “Half Yearly Investors Meet” at The Westin Dhaka on Tuesday. Photo: IPDC Finance

IPDC Finance, the country’s first private sector non-banking financial institution, on Tuesday celebrated its achievement of being conferred a “Best Financial Institution of the Year” award by the DHL and The Daily Star recently.

The IPDC shared the moment with its investors and clients at an event titled “Half Yearly Investors Meet” at The Westin Dhaka on Tuesday, says a statement.

The company conducted a session highlighting its performance, benchmarks, strategies, key initiatives and the challenges that lay ahead.

Different initiatives of the company such as building Orjon, the first ever digital supply chain finance platform, offering affordable housing facilities and empowering women and the underbanked, were also discussed.

“At the IPDC we have always sought to empower our customers and our employees. Our pathway ahead involves creating a holistic financing ecosystem for all,” said Mominul Islam, managing director and CEO of IPDC Finance. 

“Our initiatives so far have earned us ‘The Best Financial Institution of the Year’ title, and we intend to go further beyond,” he added.

Abdus Samad, president of Bangladesh Money Market Dealers Association, said, “The IPDC is a significant name in the non-banking financial institution sector of Bangladesh.”

“The institution is contributing to the economy of Bangladesh by providing easy loan access, its relentless efforts towards women empowerment and new innovatory efforts. I hope the IPDC will continue these sorts of efforts,’’ he said.

The IPDC’s performance in the first half of the year, along with its promises and the path ahead were disclosed in the meeting.

Rizwan Dawood Shams, deputy managing director and head of business finance at IPDC Finance; Kyser Hamid, deputy managing director and head of retail business, and Monowar Hossain, head of treasury of United Commercial Bank, were present at the event.