Bangladesh Bank (BB) has directed all scheduled banks to settle disciplinary cases and departmental proceedings against bank officers and employees within a maximum of two months.
The Banking Regulation and Policy Department (BRPD) of the central bank issued a circular in this regard on Sunday, instructing managing directors and chief executive officers of all scheduled banks to execute the directive immediately.
According to the central bank, the instruction was issued to align the timeframe for resolving internal disciplinary proceedings with the 'Bangladesh Labour Rules, 2015'. To facilitate this, Bangladesh Bank amended clause 2(b) of BRPD Circular Letter No. 06, issued on May 4, 2005, which governs human resource management and inter-bank recruitment.
Under the revised directive, if any disciplinary case or departmental proceeding is pending against an officer or employee, it must be disposed of within two months in accordance with the bank’s service rules.
Central bank officials noted that prolonged delays in resolving such proceedings previously created career uncertainty and prevented affected employees from switching jobs or joining other financial institutions.
Bangladesh Bank emphasized that all other provisions of the 2005 circular will remain unchanged, with the new amendment applying specifically to the settlement timeframe.
Banking sector analysts believe the decision will establish greater transparency, accountability, and good governance in human resource management, while eliminating unnecessary harassment and preventing eligible bankers' career progression from being stalled.