IDB President due today

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Business Desk :
Islamic Development Bank (IDB) President Dr. Bandar M H Hajjar will reach today in the city to visit Bangladesh for four days in connection with the opening of a ‘Regional Hub’ of the Jeddah-based multilateral development partner.
Prime Minister Sheikh Hasina is expected to inaugurate the regional head office of IDB at a function to be held at Hotel Radisson on September 9, said a press release of Economic Relations Division (ERD).
The Islamic multilateral development agency currently operates a field representative office in Bangladesh.
Establishment of the regional hub in Dhaka is expected to give a major push to the IDB activities in Bangladesh as well as help speed up its decision-making process.
At present, the Dhaka office needs to take final nod from its Jeddah headquarters for its activities in Bangladesh.
A regional hub manager will head the Dhaka headquarter which will cover three IDB member countries Bangladesh, the Maldives and Afghanistan as well as a number of non-member countries like India and Myanmar.
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