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Dhaka, December 23 — A seminar organized by the Bangladesh Bank on Artificial Intelligence (AI) emphasized the increasing impact of AI within the financial industry and the importance of establishing a strong regulatory system.

The central bank revealed during the seminar the creation of a seven-person team composed of AI experts to oversee AI-driven financial transactions and banking activities.

The conference, conducted at the AKN Ahmed Auditorium within the Bangladesh Bank Training Academy (BBTA), gathered leading regulators, IT professionals, and banking executives to develop a plan for implementing AI in Bangladesh. The event, named ‘Artificial Intelligence: Reshaping Financial Services and Its Regulation,’ took place on Monday.

One of the key moments of the event was when Mohammad Jakir Hasan, Executive Director (ICT) at Bangladesh Bank, revealed that the central bank has already started working on developing a comprehensive AI policy.

To oversee these initiatives, a dedicated seven-person expert AI team has been established at Bangladesh Bank. The new policy will focus on data security, safeguarding consumer rights, and thorough risk management.

The opening paper was delivered by Mohammad Ali, the Managing Director of Pubali Bank PLC, who outlined a clear plan and approach for successful AI integration within the financial industry.

Md. Hanif Mia, the Executive Director of BBTA and head of the seminar, highlighted that although AI is a strong tool, its effectiveness relies on proper usage.

“With the right policies, mindful application, and strong oversight, AI has the potential to enhance the inclusiveness, efficiency, and stability of Bangladesh’s financial system,” he said.

Among the panel participants, Prof. Dr. BM Mainul Hossain, Director of IIT, University of Dhaka, emphasized that a effective structure necessitates cooperation among regulators, technology users, and researchers.

Md. Mahbub Karim, Director of the Bangladesh Computer Council, mentioned that although national AI policies are in place, the specific emphasis by Bangladesh Bank on the banking sector is a timely and crucial contribution.

M. Rezaul Hassan, CEO of Reve Group, called on the industry to move pilot AI initiatives towards widespread adoption by engaging banking users more thoroughly.

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In his final comments, the seminar chair urged banks to see AI not merely as a short-term initiative, but as a lasting strategic asset.

He highlighted the importance of banks concentrating on accurate data, experienced personnel, strong cyber protection, and “transparent” AI technologies to secure sustained achievement.

The gathering included high-ranking officials from different departments of Bangladesh Bank, participants from the AI and Machine Learning implementation groups, and IT managers from several commercial banks and financial organizations.