BAMLCO Conference-2025 Held to Strengthen Anti-Money Laundering Efforts
Business Report
The BAMLCO Conference-2025, organized by the Insurance Companies CAMLCO’s Association in Bangladesh- ICCAB, was held 19 July at the head office of National Life Insurance Company in Karwan Bazar, Dhaka. The event was graced by Md. Amir Uddin, Executive Director of Bangladesh Bank and Deputy Chief of the Bangladesh Financial Intelligence Unit (BFIU), who attended as the Chief Guest. The conference was chaired by Probir Chandra Das, FCA, Deputy Managing Director of National Life Insurance Company and President of ICCAB.
In his inaugural speech, Md. Amir Uddin highlighted that money laundering remains a significant barrier to the country’s economic growth. He emphasized the need for collective efforts across all sectors to effectively combat financial crimes. He noted that this conference is a timely and vital initiative aimed at empowering entry-level anti-money laundering (AML) officers within the insurance sector. The core objective of the conference is to enhance the knowledge and capacity of branch-level AML officers to strengthen institutional efforts against money laundering.
Mr. Probir Chandra Das, in his presidential remarks, stated that the conference goes beyond rules and regulations—it aims to inspire a culture of vigilance and accountability among AML professionals. He expressed hope that such initiatives would foster transparency and responsibility in the financial operations of the insurance industry. He added that the conference is a significant step toward ensuring good governance, compliance with international standards, and improved anti-money laundering practices in the insurance sector.
The event saw active participation from entry-level AML officers and Deputy CAMLCOs representing various insurance companies. Key sessions focused on anti-money laundering laws and practical measures, with expert insights shared by Md. Mashiur Rahman, Additional Director of BFIU, and Md. Anwar Parvez, Joint Director of BFIU. The conference was moderated by ICCAB General Secretary Moinul Hai Asif. Members of the ICCAB Executive Committee were also in attendance.