Eastern Bank PLC (EBL) has partnered with Prokriti O Jibon Foundation (POJF) to support the Mangrove Restoration for Climate Resilience Project (MRCP) in the Sundarbans coastal belt, including Satkhira and surrounding areas.
The initiative will focus on large-scale mangrove restoration, community engagement and alternative livelihood support to strengthen climate resilience in vulnerable coastal communities.
The project aims to address biodiversity loss, salinity intrusion, deforestation and the impacts of climate change.
As part of its corporate social responsibility (CSR) commitment, Ali Reza Iftekhar, managing director of Eastern Bank PLC, handed over an aid cheque of Tk 30 lakh to Muqeed Majumdar Babu, chairman of Prokriti O Jibon Foundation, at a ceremony held yesterday at the bank’s head office in Dhaka, according to a press release.
Speaking on the occasion, Iftekhar said, “Environmental, Social and Governance (ESG) principles are central to our operational philosophy. Partnering with POJF allows us to contribute meaningfully to environmental protection and climate risk mitigation, while supporting vulnerable communities in building long-term resilience.”
Babu remarked, “Through this partnership, we reaffirm our commitment to restoring degraded mangrove ecosystems and empowering coastal communities to secure a more resilient future.”
Shamim Ahmed, programme manager; Md Ahmadul Haque, administrator and chief financial officer; Mahfuz-Ul-Haque Banna, senior executive; and Aminul Islam Swapan, director of photography at the foundation, attended the event.
Ahmed Shaheen, additional managing director of the bank; Riad Mahmud Chowdhury, deputy managing director and head of corporate banking; Md Abdullah Al Mamun, company secretary; Maj (retd) Md Abdus Salam, head of administration; Ziaul Karim, head of communications and external affairs; Md Maskur Reza, head of business information systems; and Mostafa Sarwar, head of CRM, were also present, along with other senior officials from both organisations.