Cenbank makes diploma compulsory for senior officer promotions from Feb
The central bank issued a circular today (16 January) instructing all bank managing directors to implement the policy
The Bangladesh Bank has mandated that senior bank officers and equivalent positions must complete a diploma in banking for subsequent promotions, effective from next month.
The central bank issued a circular today (16 January) instructing all bank managing directors to implement the policy.
As per the directive, passing the Junior Associate of the Institute of Bankers, Bangladesh (JAIBB) diploma will be required for the first promotion to senior officer or equivalent post. For the second promotion, completing the Associate of the Institute of Bankers, Bangladesh (AIBB) diploma will be mandatory.
The JAIBB diploma will cover fundamental banking knowledge, while the AIBB diploma will focus on advanced banking expertise and skills.
Until February 2025, officers will receive a bonus of 10 marks towards their overall promotion score for completing both phases of the diploma, said the circular.
From 1 January 2026, passing the banking professional exams will be mandatory for appointment to higher positions in other banks.
According to the directives, officers who have served as senior officers or in equivalent positions for 15 years or more will be exempted from this mandatory exam requirement for consideration in promotion eligibility lists.
Banks are required to provide financial incentives to officers who successfully clear the banking professional exams.
These incentives include a minimum of Tk35,000 for passing JAIBB and a minimum of Tk50,000 for passing AIBB, effective from the 99th Banking Professional Exam onwards.