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BRAC Bank inks deal with PLI Asset Management


Published : 20 Jan 2023 09:09 PM

BRAC Bank Limited and PLI Asset Management Limited have signed a Custodial Services Agreement.

This agreement will enable BRAC Bank to provide custodial services to PLI Asset Management Limited for the operation of mutual fund titled “PLI AML 1st Unit Fund”, a new open-ended mutual fund. 

Tareq Refat Ullah Khan, DMD & Head of Corporate Banking, BRAC Bank; and Mohammed Hafiz Uddin, Managing Director & CEO, PLI Asset Management; signed the agreement on behalf of their respective organizations at the bank’s head office in Dhaka recently. 

Khan Muhammad Faisol, Senior Manager; Azmul Hasan Jahid from the Transaction Banking team of BRAC Bank, and Md. Jamal Uddin, DGM, Investment; & Tareqe Bin Siraj, DGM, Admin & HR, Company Secretary, PLI Asset Management Limited; were also present at the ceremony along with other senior officials of both organizations.