A two-year Masters in Bank Management (MBM) programme. first of its kind in the country, was launched at the Bangladesh Institute of Bank Management yesterday to improve operational quality of banking and financial systems, reports AP

Speaking as chief guest at the launching of the MBM programme Deputy Governor of Bangladesh Bank Dr Sohrabuddin emphasised evergrowing importance of banking education and training for infusing professionalism into the banking sector.

He said the banking scenario across the world had been changing very fast in recent years because of deregulation, technological innovation and globalisation.

Speaking on the occasion BIBM Director General A H M Nurul Islam Chowdhury said plan was underway to introduce higher education in bank management like MPhil and PhD in near future so to make BIBM "centre of excellence" in banking

Affiliated by National university. the MBM programmme has been sponsored by BIBM.

The function was also addressed. among others, by MBM Programme Director Dr Touflc . Ahmed Chowdhury.