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Zahedul Amin Emphasizes on the Power of Digitization in MFI Sector at Standard Chartered Bank webinar

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LightCastle Analytics Wing
February 23, 2021
Zahedul Amin Emphasizes on the Power of Digitization in MFI Sector at Standard Chartered Bank webinar

On the 23rd of February, 2021, Standard Chartered Bank organized a webinar titled “Unlocking the Power of Digitization in MFI Sector” to discuss the prospects of digital transformation in the microfinance sector. The webinar brought together regulators and stakeholders from within the microfinance ecosystem, to deliberate on the digitization of the MFI sector in Bangladesh. The discussants engaged in a detailed conversation on the potential, opportunities, challenges, and impacts that this sector might have on the economy of Bangladesh.

SCB-Event LCP

Zahedul Amin, Director, Finance, Strategy, and Consulting Services, at LightCastle Partners, was the keynote speaker of the event, who gave a presentation covering the overall MFI landscape of Bangladesh and gauged the sector’s scope and opportunities. Furthermore, he outlined the benefits and challenges of digitizing the sector. Additionally, he provided key recommendations and the way forward- emphasizing the need for literacy training, aiding the technology adoption by the general public, and building the ecosystem around the beneficiaries.

SCB-Event with LCP

 

The event was moderated by Alamgir Morshed, MD, Head of Financial Institutions, Standard Chartered Bank. The webinar included the following esteemed panelists:

  1. Md. Fashiullah, Executive Vice Chairman of Microcredit Regulatory Authority
  2. Md. Abdul Awal, Executive Director of Credit and Development Forum (CDF)
  3. Prof. Dr. Hosne Ara Begum, Executive Director of TMSS
  4. Zahida Fizza Kabir, CEO of Sajida Foundation
  5. Kamal Quader, CEO bKash Limited
  6. Munawar Reza Khan, Executive Director of Manabik Shahajya Shangstha
  7. Md. Saleh Bin Sums, Executive Director of PADAKHEP Manabik Unnayan Kendra

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WRITTEN BY: LightCastle Analytics Wing

At LightCastle, we take a data-driven approach to create opportunities for growth and impact. We consult and collaborate with development partners, the public sector, and private organizations to promote inclusive economic growth that positively changes the lives of people at scale. Being a data-driven and transparent organization, we believe in democratizing knowledge and information among the stakeholders of the economy to drive inclusive growth.

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