News Briefs (23-09-2020)

Modhumoti Bank holds 23rd risk management committee meeting

The 23rd meeting of the risk management committee of the board of directors of Modhumoti Bank Limited was held on Monday with assistance of Zoom technology. The meeting was presided over by Mostafa Kamal, Chairman of the Board's Risk Management Committee of Modhumoti Bank Limited. Among the members of the Board's Risk Management Committee, Sultana Jahan, A. Mannan Khan and Md. Shafiul Azam, Managing Director & CEO of the bank, were present.

— Statement

Robi signs MoU with IUT

A memorandum of understanding (MoU) was signed between Robi Axiata Limited and Islamic University of Technology (IUT). Robi's Chief Human Resources Officer Md. Faisal Imtiaz Khan and IUT's Pro-Vice Chancellor Dr. Omar Jah digitally co-signed the MoU recently on behalf of their respective organisations in presence of other high officials from Robi and IUT. The key focus of the MoU is to introduce the students of IUT to the latest developments in the areas of data analytics, block chain, internet of things (IoT) through knowledge sharing sessions, projects and collaboration. Followed by the MoU signing ceremony, Robi's Managing Director and CEO Mahtab Uddin Ahmed conducted an exclusive MasterClass titled 'The Future is Calling' with the students of IUT.

— Statement

Huazhu Group shines in HK debut

HONG KONG, Sept 22 : Shares of Chinese franchised hotel operator Huazhu Group Ltd traded as high as 5.1 per cent above its Hong Kong listing offer price on Tuesday, bucking the negative sentiment across Asian equities markets. The stock rose as high as to HK$312 after it opened at HK$305 each in their Hong Kong debut. The shares last traded at HK$311, still up 4.7 per cent from their offer price of HK$297 each.

— Reuters