The banking sector faces an acute crisis of ethical leaders, resulting in a rise in default loans, violation of codes of conduct, fraudulence and a decline in profitability, a survey found.
More than 60 percent of employees believed that there is an absence of ethical leaders in the banking sector, according to the survey of the Bangladesh Institute of Bank Management (BIBM).
The survey – Human Resources Management of Banks 2017 – was presented by Mohammad Tazul Islam, an associate professor of the institute, at a workshop at the BIBM in Dhaka yesterday.
Some 64 percent of employees believe that the malpractice of violating codes of conduct is alarmingly increasing among bankers.
“It should be controlled and immediate steps should be taken,” the report suggested.
The survey found that 29 percent of employees experienced forced resignations from jobs last year.
“This has begun in the banking sector and this is not a good practice as it hinders employee development,” it said.
According to the survey, 13 percent of banking jobs were held by females last year and their presence in higher ranks was increasing.
Last year, 8 percent of the total female executives were of the assistant general manager or assistant vice president rank.
“The number of female employees working as departmental heads or branch managers is gradually increasing, which is a positive sign from the viewpoint of women empowerment,” the report said.
Average annual salary of a managing director has increased: a chief executive earned Tk 1.14 crore last year on an average, up from Tk 93 lakh a year ago, according to the survey.
In 2017, the number of employees totalled 81,245 in the banking sector, down from 90,265 in 2016.
Toufic Ahmad Choudhury, director-general of the BIBM, chaired the session. Ahmed Jamal, a deputy governor of Bangladesh Bank, was present.
- Courtesy: The Daily Star/ May 25, 2018
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