Regulatory oversight must for sustained growth: Atiur

Posted by BankInfo on Thu, Apr 19 2012 08:31 am

Extensive use of advanced technology, high velocity analytical tools and applications by regulators and financial institutions can ensure sustained and inclusive growth which will result from a robust analytics driven system of financial governance, risk management and regulatory oversight.

Governor of Bangladesh Bank Dr. Atiur Rahman said this while addressing the concluding session of an international workshop on “Enterprise Governance, Risk Management and Compliance in Banks” jointly organised by SAS Institute and Bangladesh Bank Training Academy at the BBTA auditorium on Wednesday.

Later Dr Atiur Rahman presented certificates to the participants.

Deputy Governor S.K. Sur Chowdhury inaugurated the workshop in the morning.

SAS is the largest privately owned software company in the world based in Cary, North Carolina, USA.

Dr Atiur Rahman said, “I’m a firm believer in the destiny of Bangladesh as a knowledge economy and the presence of SAS Institute, widely recognised as the global leader in analytics software and services, in Bangladesh is an attestation of a sleeping market here for advanced analytics that is about to explode.”

The Daily Sun/Bangladesh/ 19th April 2012

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