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EFG Bank AG has appointed Dr. Urs Buchmann as vice chairman and Ashish Gumashta as a member of its Regional Asia Advisory Board. Buchmann brings over 30 years of experience in Greater China, while Gumashta has a strong focus on the Indian market. Their expertise is expected to enhance EFG's growth strategy in the region.
The World Bank is eager to support Bangladesh's interim government in its economic reform agenda, focusing on areas like banking, taxation, and anti-corruption. Vice President Martin Raiser expressed excitement about the reforms and highlighted the need for increased foreign direct investment. Chief Adviser Professor Muhammad Yunus emphasized a commitment to tackling corruption and enhancing labor reforms to boost investor confidence.
Digital financial technologies can enhance environmental, social, and governance (ESG) performance in healthcare by facilitating funding for sustainable projects. Policymakers are urged to support FinTech startups and strengthen ESG governance frameworks to promote financial inclusion and investment opportunities aligned with UN Sustainable Development Goals. However, the study's limitations highlight the need for broader research across various sectors and regions to better understand the impact of FinTech on sustainability.
World Bank Vice President Martin Raiser concluded his visit to Bangladesh, pledging support for reforms aimed at achieving inclusive and sustainable growth. The World Bank's $2.3 billion program will enhance economic resilience, aid flood recovery, and support the Rohingya population. Raiser emphasized the need for improved governance and job creation for the 2 million youth entering the job market annually.
World Bank Vice President for South Asia, Martin Raiser, arrived in Dhaka on September 18, 2024, for a two-day visit. He is set to meet with key government officials, including the Chief Adviser and Finance Adviser, as the World Bank continues its longstanding support for Bangladesh, having committed approximately $44 billion since the country's independence.
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efg bank enhances asia advisory board with new appointments
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