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StanChart partners with IBA to enhance academic facilities


Published : 27 Jan 2024 08:08 PM

Standard Chartered is supporting the premier business school of the country, the Institute of Business Administration (IBA) of the University of Dhaka, by helping to modernise and repurpose campus facilities. 

In particular, the Bank will upgrade IBA’s Conference Centre and Teacher’s Lounge.

This strategic endeavour is aligned with the Bank's long-term commitment to fostering academic excellence and contributing to the well-being of the community.

Standard Chartered recognises the pivotal role such spaces play in enhancing the evolving landscape of education.

A state-of-the-art Conference Centre and Teacher’s Lounge will provide students and faculty with a learning environment that is conducive to exploration, collaboration, future-fitness, and excellence. 

Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, said,“Investing meaningfully in the education and continued development of youth is one of the Bank’s community engagement pillars. 

IBA is one of the premier institutions of Bangladesh – with a legacy of producing leaders who are currently at the helm of more than 100 domestic and international companies, including some of the largest corporates in the respective industries. ”

Professor Mohammad A. Momen, Director, IBA, Dhaka University, said, “As a business school, we have responsibilities beyond the classroom to encourage innovation and nurture talent. And, IBA has come this far in the past 58 years because of how closely we have worked with the industry.”

The Memorandum of Understanding (MoU) between Standard Chartered Bangladesh, the Institute of Business Administration, and Charuta Private Limited was signed at the Bank’s Head Office in Dhaka. 

Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh; Professor Mohammad A. Momen, Director, Institute of Business Administration, Dhaka University; and Jamal Ahmed Sufi, Managing Director, Charuta Private Limited signed the agreement on behalf of their respective organisations.