Bangladesh Bank needs highly skilled manpower for operating sophisticated tasks and the role of proper training is vital to develop professional efficiency, BB Governor Atiur Rahman yesterday said.

He termed training as an endless process, saying that there is no alternative to it.

Atiur Rahman was addressing the inaugural session of the foundation training course-2012 (1st batch) of the newly appointed assistant directors of Bangladesh Bank through video conferencing.

He said Bangladesh Bank is a distinct and vital organisation for the country’s financialsector where the assistant directors have a significant role to play.

The governor advised the newly appointed assistant directors not to take their works as a mere job, rather to move forward targeting to reach some particular aims in life.

He said change is a continuous process and in the present world, changes are taking place so rapidly. If we cannot keep pace with the advanced world in the era of globalisation, we will lag behind and that will be difficult to make up.

Bangladesh Bank is mainly entitled to keep the financial sector sound for which BB keeps on-site and off-site monitoring upon the activities of commercial banks and other FIs, he said, adding that the financial sector of Bangladesh Bank has got widely expanded.

To guide the banks, the monitoring has to be more efficient to maintain the discipline in an expected way, Atiur added.

The Daily Sun/Bangladesh/ 3rd Jan 2012