PM to open IsDB’s regional head office today

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BSS, Dhaka :
Prime Minister Sheikh Hasina is expected to inaugurate a regional head office of the Islamic Development Bank (IsDB) –
Regional Hub – at a function to be held at Hotel Radisson in the capital today.
IsDB President Dr Bandar MH Hajjar, who is now on a five-day visit here, will attend the opening ceremony of the regional head office of the Jeddah-based multilateral development partner.
The Islamic Development Bank currently operates a field representative office in Bangladesh.
Establishment of the regional hub in Dhaka is expected to give a major push to the IsDB 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 conducting its activities in Bangladesh.
A regional hub manager will lead the Dhaka headquarters, which will cover three IsDB member countries – Bangladesh, the Maldives and Afghanistan – as well as a number of non-member countries like India and Myanmar.
Since beginning its journey in 1975, the IsDB has 57 shareholding member states.
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