PHOTO: MIDLAND BANK

STAR BUSINESS DESK

Midland Bank PLC has signed a memorandum of understanding (MoU) with Axentec PLC, a connectivity, cloud and technology solutions company and a subsidiary of Robi Axiata PLC, to adopt advanced cloud technology for its data centre and computing needs.

Imtiaz U Ahmed, managing director and CEO of the bank, and Md Adil Hossain Noble, managing director and CEO of the technology solutions company, signed the MoU at the bank’s head office in Gulshan-2, Dhaka recently, according to a press release.

Axentec recently launched the country’s first locally hosted Tier-4 cloud platform, titled “Axentec Cloud”, marking a milestone in Bangladesh’s Md Nazmul Huda Sarkar, deputy managing director and chief technology officer of the bank, and Istiaque Ahmed Bhuiyan, senior general manager of advanced networking and cloud business at the technology solutions company, along with other senior officials from both organisations, were also present at the ceremony.

Md Adil Hossain Noble, managing director and CEO of Axentec PLC, and Imtiaz U Ahmed, managing director and CEO of Midland Bank PLC, pose for a photograph after signing the memorandum of understanding at the bank’s head office in Gulshan-2, Dhaka recently.