Supervisory Policy and Coordination Department   

Name & Designation	Email	Telephone	Fax
Md. Zakir Hossain ChowdhuryDeputy Governor	mzhossain.chowdhury@bb.org.bd	880-2-9530705(O)	--
Md. Sirajul IslamExecutive Director	sirajul.islam@bb.org.bd	88-02-9530492(O)	--
Mohammad Abdur RabDirector (SPCD)	abdur.rab@bb.org.bd	880-9530173(O)	--

Objectives:

The Supervisory Policy and Coordination Department (SPCD) aims to lead the implementation and enhancement of the Risk Based Supervision (RBS) framework at Bangladesh Bank, ensuring a forward-looking, risk-sensitive, and efficient supervisory system aligned with international best practices. Its objectives include developing and updating supervisory policies, restructuring processes, ensuring quality assurance, driving capacity-building initiatives and fostering coordination among supervisory departments and global partners, ultimately promoting a robust, dynamic, and resilient financial supervision framework.

Main Functions:

1. Continue to carry out all ongoing activities related to the implementation of the Risk Based Supervision (RBS) framework, including preparatory tasks necessary for its full adoption of RBS.
2. Conduct a comprehensive mapping of existing supervisory functions and processes to support the restructuring and alignment of supervisory activities within the RBS framework, and incorporating any new responsibilities that emerge from this review.
3. Develop and update the RBS framework with proper assessment, including revisions to the RBS model, rating scale, methodology, and manual, to reflect current practices, emerging risks, and international standards.
4. Formulate and update supervisory policies and guidance notes covering various components of the RBS model to ensure supervisory units have clear and up-to-date benchmarks for assessing and managing risks.
5. Conduct regular assessments of the RBS framework and identify opportunities to expand its scope and enhance its application.
6. Provide feedback and supervisory insight to the formulation or revision of prudential regulations and guidelines, based on supervisory observations and findings.
7. Issue supervisory instructions and expectations -- through supervisory letters or other appropriate means -- ased on evolving supervisory priorities or specific developments in the banking sector to ensure timely and effective guidance.
8. Monitor and evaluate the implementation of the RBS framework across all banks to assess adherence and identify deviations from expected supervisory practices.
9. Conduct quality assurance reviews of Detailed Risk Assessment Reports (DRARs), including supervisory judgment, cross-validation, benchmarking, and standardization of report formats to promote objectivity, comparability, and data integrity.
10. Form an independent review team to assess the submitted DRARs, validate the assigned ratings, and provide supervisory comments as necessary to ensure alignment with RBS principles and guidelines.
11. Develop and deliver training and capacity-building programs tailored to the evolving needs of bank supervisors, enabling effective implementation and timely adaptation to RBS methodologies.
12. Establish and maintain international partnerships with development partners such as the IMF, World Bank Group, ADB, and other central banks through MoUs, technical cooperation programs, and knowledge-sharing forums to integrate global supervisory practices.
13. Organize annual bank supervisor conferences to exchange views on emerging issues and trends in the supervisory domain.
14. Organize regular feedback sessions with banks and BB’s supervisory units to foster dialogue, share insights, and align supervisory expectations with evolving sectoral developments.
15. Initiate and support high-level internal supervisory decision-making bodies like the Financial Supervision Board (FSB) or equivalent platforms, while providing secretariat support for existing committees such as the RBS Advisory Committee (RAC), RBS Coordination Committee (RCC), and relevant Working Groups to ensure effective coordination and decision-making under the RBS framework.
16. Submit consolidated rating statements of all banks to the FSB or equivalent authority periodically, along with categorization of banks based on the risk rating, Supervisory Intervention Guide (SIG), and relevant policy updates.
17. Initiate and develop the technological infrastructure necessary for RBS implementation, including Rationalized Input Templates (RIT), dashboards, and various Supervisory Technology (SupTech) tools with support from the IT Department.
18. Oversee pilot projects for the phased rollout of RBS across scheduled banks, identify implementation challenges, and provide guidance to ensure a smooth and effective transition to full-scale RBS adoption.
19. Coordinate with other departments of Bangladesh Bank and international organizations on supervisory matters, including policy updates, framework development, information sharing, and other necessary collaboration.
20. Formulate and oversee the implementation of supervision-related strategic planning initiatives within Bangladesh Bank to strengthen supervisory functions and institutional capacity.
21. Undertake any other tasks related to the implementation of the Risk-Based Supervision (RBS) framework and, subsequently, support the review and update of Bangladesh Bank’s future supervisory framework.