Declaration of Originality
All the information has gathered here is from our [Link] information has not been copied from any other
report ,and all the information are [Link] information are the result of our corporate visit to Bangladesh
Bank Head Office and collect the information from the DGM of Bangladesh Bank [Link]
Haque,Department of Banking and Inspection and DD of Bangladesh Bank Abdullah Al Mamun,Department of
payment system.
Acknowledgement
We would like to thank you for giving us this oppurtunity to visit the suitable organization and collect the
information from the organization managers so that we can easily preapare the assignment on our preferable
[Link] have given our best to come up with the best and also if there are any mistake regarding this
assignment,please see this in the eyes of [Link] task gave us a great experience [Link],we would
like to thank you for being so supportive regarding this assignment and helping us so [Link] will be highly
obliged if you would kind enough to approve this assignment and provide us your valuable judgement on it.
Table of Content
1. Introduction
2. Company Profile
2.1 Vision
2.2 Mission
2.3 Objectives
3. .Methodology
3.1 Data Collection
3.2 Sources of Data
3.3 Primary Data
3.4 Secondary Data
4. Findings
Pie Chart Analysis
Part 1Different level of Management and Non-Managerial Role
Part 2 Esthical issues in organisation
Part 3 Motivational programs of their staff and outcomes
5. Discussion
5.1 Establishment
5.2 Branches of Bangladesh Bank
5.3 Functions of Bangladesh Bank
[Link] Function
[Link] Function
[Link] Function
5.4 Hierarchy System
5.5 Board of Directors
5.6 Former Governor
5.7 Recent Reform Initiative of Bangladesh Bank
6. SOWT Analysis of Bangladesh Bank
7. Conclusion
8. Bibliography
9. Appendix
[Link]
Bangladesh Bank,the central bank of the country was established in order 1972 was effect from 16 December,
[Link] took place of Pakistan for the territory of Bangladesh in the libaration [Link] the liberation war
Government of Bangladesh recognized the Dhaka Branch of the state bank of Pakistan as the central bank of the
country and named it Bangladesh [Link] office of the Deputy Governor of the State Bank of Pakistan in
Dhaka operates a head [Link] powers and the functions are goverened by various lawsand actsincluding the
Bankers Book Evidence Act,1891.
[Link] Profile
Previous Name- State Bank of Bangladesh
Present Name - Bangladesh Bank
Headquater - Motijheel,Dhaka,Bangladesh
Governor - Fazle Kabir
Reserves - US $30Billion
Bank Rate - 5%
Currency - Taka
Monogram
Website - [Link]
2.1 Vision:
To develop continually as a forward looking central bank with competent and committed professionals of high
ethical [Link] monetary mangement and financial sector [Link] maintain price stability
and financial [Link] rapid board based inclusive economic [Link] the countries foreign
exchange,gold reserve,employment generation, poverty eradication and regulating the banking sector in our
country.
2.2 Mission:
Formulating monetary and credit [Link] currency issue and regulating payment [Link]
foreign exchange reserves and regulating the foreign exchange [Link] and supervising banks and
financial [Link] the government on interactionsand impacts of fiscal,monetary and other
economic policies.
2.3 Objectives:
To regulate the issue of the currency and the keeping of reserves,To manage the monetary and credit system of
Bangladesh,To promote and maintain a high level of production,employment and income of Bangladesh to
fastergrowth of economics and resources for national [Link] preserve the per value of Taka.
[Link]
3.1 Data Collection:
It is always important to define methodology to perform this type of organisational visit [Link] give
us certain method to collect information but when it is about practical it has too many experiences [Link]
stands for practical work experience and opinion of officer,s executive and managers of different level in their
organisation
3.2 Sources of Data:
This assignment is prepared on extensive use of secondary data available in different text,reports,journals and
banking related books as well as primary [Link] data collected from the employees from informal
[Link] interview has mainly conducted with the assistant directosr and
3.3 Primary Data:
The primary data is collected from the officials of Bangladesh [Link] means of informal interviews from the
conducted with executive of the [Link] have observed our own bookish knowledge to practical field
implementation
3.4 Secondary Data:
Publication of Bangladesh Bank
Bangladesh Bank Library
Bangladesh Bank Staff Regulation
Bangladesh Bank Expenditure Rule,2003
4. Findings from the Interview
Employees Justification
30%
36%
34%
Management System Motivation Ethical issue handling
Part 1 Different Levels of Management and Non-Managerial Role
Management means involves with coordinating and overseeing the work activities of others so that
their activity can be completed efficiently effective way. None Managerial role means they have no decision
making power and no categories to subordinate others.
Management and Non-Managerial role are different from each other based on their work. Managers do the work
through other people. On the other hand non-management does the work with taken decision.
Bangladesh Bank Inspection Department does the managerial role with the chain of command rule. Officers and
Assistant Directors are called a meeting for departmental purpose. Then they take their right decision. They also
discuss with the other managers to finalize the report and submit it the Head-Quarter of Bangladesh Bank. The
Joint Director monitors the works and submit it Deputy General Manager of banking inspection department. If
they give their valuable judgments on their decision it performs with the whole branches too.
Banking Inspection Department
DGM
DGM
JD JD JD JD
DD DD DD DD DD DD DD DD
AD AD AD AD AD AD AD AD AD AD AD AD AD AD AD AD
On the other hand, non-managerial roles are easier than the managerial roles. They mostly focus on their job.
They do not need subordinate to decision making as they don’t have any decision making power. They plays
work oriented role for their organization.
So it is the different levels of management and non-management role which are different from each
other and also different from their responsibilities.
Part 2 Ethical issues in organisation:
Personal belief that what is right and wrong [Link] means giving the right and wrong
[Link] certain situation cannot be judgemental,the right will be right and the wrong will be
[Link] given some standard you can accept and follow to maintain that will be the ethical issues for the
organisation.
Bangladesh Bank is the father of all other banks and financial institution in [Link] has its own
strategy and policy to maintain their their ethical [Link] working under the principles banks are obliged
tofollow their banking profession and organizational [Link] Bank maintain chain of command
method to macanise their ethical issues and [Link] to Governor>Deputy Governor>Excecutive
Director>General Manager>Deputy General Manager>Joint Director>Deputy Director>Assistant
Director>Officers>MISS taken their decsion to maitain their ethical [Link] a leader they provide their
judgement for the organisation and corporrate Governance lookafter their business properly and decisions from
the stakeholders and shareholders.
On the other hand, Bangladesh Bank usually confrot by some issues like some dishonest employee take bribe in
exchage of giving loan to people who are not appicable to the [Link] employee make miscalculations
for their benefit.
When employee takes bribe,loan in unethical way the top level management takes actions agaisnt their
[Link] filed a charge sheet against those [Link] the personnel come out guilty he/she will have
punished according their unethical [Link] there is any misconduct in the branches office,the area managers
will resolve the problem within their authority.
So,the top levels are very careful on hiring and firing,punishment system that can affect the
organization significantly.
Part 3 Motivational programs for staffs and their outcomes:
Motivation is the process of achieving to our final [Link] is that thing which can treat you both
positively or [Link] chosen Bangladesh Bank as an organisation and there staff are positively motivated
and they feel blessed as a part of this organization.
Bangladesh Bank is a degnified organization which is a apex authourity of money market and capital
[Link] well as also the controller of all other financial [Link] an officer of this organization
he/she always feels [Link] get the handsome salary with other facilities in the perspective of
[Link] also have a friendly relationship with top to the lower level of [Link] than they also
get others facilities like-Transport Service,Local and Foreign trainning at Bangladesh Bank Trainning Academy
to develop their skills,Fairness environment,Bonus system,Promotion and incriment System,Food facilities in
lunch time,Unlimited medical facilites for the staff family members and themselves,also motivated for secuire
job so that they do not have any grievance or discomfort of their organization.
On the other hand,private corporate job are insecured for their employee so they feel demotivated
[Link] face the unfair promotion policies,transport policies,the employee also feel the discrimination
between the top to the lower level staff with their initial facilities,illigal influence of the top level management
for the employee promotion etc.
So, regarding above oppurtunites and facilities employees/staffs are highly motivated their
[Link] have positive feelings about their working [Link] positive motivation also lead their
better performance for the organization.
[Link]
5.1 Eastablishment:
Bangladesh Bank,the central bank and apex authority,regulatory body for countrys monetary and financial
[Link] established in 16 Dec,1971 in order ,1972.
5.2 Branches of Bangladesh Bank:
Motijheel Head Office
Sadarghat Office
Barisal Office
Bogura office
Chotragram Office
Khulna Office
Rajshahi Office
Rangpur office
Sylhet Office
Mymensingh Office
5.3Functions of Bangladesh Bank:
a..General Function
Note issue
Control the money market
Preservation of currency
Foreign exchange control
Credit control
b. Development Function
Development banking sectors
Foreign aid
Improving the quality of economy
Natural resourses for the nation
C. Economic Function
Preservation of [Link]
Financial transaction,Receive and Transfer money
Maintanace of Govt account
Issuing loan
Relationship with foreign bank
5.4 HieararchyLevel
Governor
General
Governor
Executive
Executive Economic
Director
Director Adviser
Adviser
General Chief
Chief Systems
General Maintenance Systems
Manager
Manager Maintenance Manager
Manager
Engineer
Engineer
Deputy
Deputy Senior
Senior Deputy Chief
Deputy Chief Principal
Principal
General
General Systems
Systems Medical
Medical Maintenance
Maintenance
Manager
Manager Analyst
Analyst Officer
Officer Engineer
Engineer
Asstt.
Asstt. Chief
Chief Sr.
Sr.
Operation
Operation Sr.
Sr.
Medical
Medical Maintenance
Maintenance Joint Director
Joint Director Joint Manager
Joint Manager
Manager
Manager Programmer
Programmer
Officer
Officer Engineer
Engineer
Computer
Computer
Deputy
Deputy Deputy
Deputy Maintenance
Maintenance Sr. Medical
Sr. Medical
Programmer
Programmer Operation
Operation
Director
Director Manager
Manager Engineer
Engineer Officer
Officer
Supervisor
Supervisor
Assistant
Assistant Assistant
Assistant Assistant Assistant Sr. Computer Medical
Director
Director Assistant Assistant Maintenance Sr. Computer Medical
Manager Programmer Maintenance Operator Officer
Manager Programmer Engineer Operator Officer
Engineer
Data
Data
Officer
Officer Cash
Cash Officer
Officer Entry/Control
Entry/Control
Supervisor
Supervisor
Sr. Data
Sr. Data Entry
Entry
Clerk-1st
Clerk-1st Telephone
Telephone
Control
Control Stenographer
Stenographer Typist
Typist
Grade
Grade Operator
Operator
Operator
Operator
Data
Data
Entry/Control
Entry/Control
Operator
Operator
Caretaker-
Caretaker-
1st
Grade
1st Grade
Caretaker-
Caretaker-
2
2nd Grade
nd
Grade
MLSS
MLSS Jomader
Jomader
Mali
Mali Door
Door Keeper
Keeper Khedmotgar
5.5 Board Of Directors
Bangladesh Bank maintain chain of command rule and they also follwed [Link] have one Chairman of their
Board of Direction and other different types of managers are help him to reach the strategic plan for their
[Link] also have secrataty to help [Link] all are work under Chairman of Bangladesh Bank.
5.6 Former Governor
1 A.N.M. Hamidullah 1972-1974
2 A.K..N. Ahmed 1974-1976
3 [Link] Islam 1976-1987
4 Shegufta Bakht Chaudhuri 1987-1992
5 Khorshed Alam 1992-1996
6 Lutfar Rahman 1996-1998
7 [Link] Farashuddin 1998-2001
8 [Link] 2001-2005
9 [Link] Ahmed 2005-2009
1 [Link] Rahman 2009-2017
0
1 Fazle Kabir 2017-Present
1
5.7 Recent Initiative Reform:
Currency management and payment systems
Regulatory reform
Digital Bangladesh Bank
Central Bank Strenghening Project
High profile committee for reducing default loans
Committee for finalizing merger policy
Committee for evaluating actual situation of loans
Committee for investigating three [Link] are-Janata Bank,AB Bank and Al-Arafah Islami Bank.
[Link] Analysis of Bangladesh Bank
SOWT Analysis means organizational internal strength,weakness and extarnal opportunities,[Link] gives an
organization insight what they do for future and how they cooperate with their existing position.
Strength
Sufficient Human Resources
Sufficient floor space
Adequate logistic support
Working atmosphere and well communication relationship with managers
All documents and papers are manually supplied
Opportunities
Managers are now expert in IT sectors
Provide proper training for work
Taking proper plan for decrease work load and equal distribution
More scope to expanding their internal stakeholder
Weakness
Some unskilled manpower
Top Down management
Work distribution problem
Insufficient IT knowledge of Managers
Insufficient HR personnel
Threats
Lacking of proper observation with their employees work condition
Sometimes managers are work with under pressure according to their director which is fully unethical.
[Link]
Blangladesh Bank,the central Bank of [Link] plays an important role for the economic development of
the [Link] also plays an magnificent role for other private banks and financial institutions in different kind of
administration..It has a large number of managers to control the whole banking [Link] Bank
Trainning Academy provides trainning to all the banks in Bangladesh to developmentThe whole banking
process crate a huge impact on their organization. And it followed by their strategic management with proper
tactics.
[Link]
An nformal interview from Bangladesh Bank Managers,Headquater,Motijheel,Dhaka,Bangladesh
https//[Link] Bangladesh Bank
[Link]
http//[Link]>photogellery
https//[Link] bank
Bangladesh Bank Library
Bangladesh Bank Expenditure Rule,2003
9. Appendix