BRAC Business School, BRAC University and Standard Chartered Bangladesh have launched the “FCC Certification Program,” which aims to build knowledge, enhance professional development, and raise awareness on various aspects of Financial Crime and Compliance (FCC). The six-week course will be open to both graduate students and working professionals.
The certification program inauguration unfolded at the BRAC University Campus, featuring the presence of key dignitaries. Among the notable attendees were Md Masud Biswas, Head of the Bangladesh Financial Intelligence Unit (BFIU); Naser Ezaz Bijoy, Chief Executive Officer of Standard Chartered Bangladesh; Professor Mahboob Rahman, Ph.D., Treasurer of BRAC University; Professor Mohammad Mujibul Haque, PhD, Associate Dean (Acting Dean) of BRAC Business School, who is serving as the Project Advisor; and Tarannum Khan Majles, Lecturer and Project Lead for the FCC Certificate Program.
Jointly developed by BRAC Business School (BBS) and Standard Chartered Bangladesh, the carefully curated course will provide participants with a competitive edge – for both their current and future career endeavours. Students will develop a strong understanding of the fundamentals along with becoming adept at grasping the complex nexus of fraudulent financial activities.
Course participants will be equipped with the essential skills and abilities to identify said activities; deal with the risks faced by financial institutions and other organisations; and ensure due compliance in a variety of scenarios.
Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, said, “I am proud to inaugurate the Financial Crime and Compliance Certification Program in partnership with BRAC University. This strategic partnership addresses a critical skill gap and aims to equip future talents with the expertise needed to succeed in the financial sector. He also said that this is a critical milestone, where, for the first time in Bangladesh, a programme has been launched that brings banking and academia together.
“Standard Chartered is thrilled to be able to co-create with BRAC University – a future where young graduates enter the corporate sector with an ethical mindset and a readiness to embrace the idea that compliance is integral to building a sustainable corporate culture, to build a better Bangladesh for generations to come”, he added.
Md Masud Biswas, Head of Bangladesh Financial Intelligence Unit (BFIU), said, “This initiative is designed to fortify participants with the necessary knowledge and skills to attain AML/CFT compliance. The certification programme aims to empower individuals by equipping them with comprehensive knowledge and practical skills, enabling them to identify, investigate, and prevent illicit financial activities.” This effort is crucial in safeguarding the financial system of the institution and the nation as a whole. In an ever-evolving world, where financial crime is dynamic, we need the right skills to be future ready in the ongoing fight against financial crime, he added.
Professor Mahboob Rahman, Ph.D, Treasurer, BRAC University, said, “I am extremely pleased to know about the partnership between BRAC Business School and Standard Chartered Bangladesh to address the need of Financial Crime and Compliance related knowledge in Bangladesh that is increasingly becoming vital for the financial industry.”
Professor Mahboob Rahman also said that the FCC Certificate Program will surely provide a competitive edge to those who are willing to pursue a career in banking and finance. This industry-academia collaboration forms a strong foundation of many more such endeavours to develop talent needed in critical areas of the country in future.
Professor Mohammad Mujibul Haque, PhD, Associate Dean (Acting Dean), BRAC Business School, BRAC University and Project Advisor for the FCC Certificate Program, said, “I am extremely pleased and proud to partner with the Standard Chartered Bangladesh in designing and offering the Financial Crime and Compliance Certificate Program. I am also very grateful for the presence of the Head of BFIU, Mr. Md. Masud Biswas, and other representatives of BFIU; and their collaboration in our initiative.”
Professor Mujibul Haque congratulated all thirty-five participants for their selection and enrolment in the program. He encouraged the participants to be active learners in the program and wished them success in acquiring effective knowledge and skills for the prevention of financial crimes and making positive contributions to further economic prosperity of Bangladesh.
Tarannum Khan Majles, Lecturer, BRAC Business School, BRAC University and Project Lead for the FCC Certificate Program, welcomed and thanked all the partner and collaborator guests and the participants. She assured the participants a valuable learning experience in the program and for their career success.
Established in 2001, BRAC University follows a liberal arts approach to education. As an educational institution, BRAC University is dedicated to ensuring a high quality of education for students while aiming to meet the demands of contemporary times.
BRAC Business School (BBS) is renowned for its diverse business education programs, including BBA, MBA, and EMBA, offering specialized expertise in various disciplines. With a focus on cultivating competent and ethical leaders, BBS integrates high ethical standards into its cutting-edge curriculum, emphasizing interests of all stakeholders. Beyond education, BBS actively contributes to global knowledge, promoting sustainable development and universal well-being through impactful research. In essence, BBS is a hub for business excellence and ethical leadership, making significant contributions to societal welfare.
As the nation’s long-term partner in progress, Standard Chartered has consistently been linked to Bangladesh’s inspiring story of resilience. For more than 119 years, the Bank has been dedicated to driving commerce and growth without leaving people behind, negatively impacting the planet, or creating divisions that diminish our sense of community. As an engine of development, the Bank is committed to building and maintaining defences against financial crime.