HSBC Bangladesh hosted an event titled Supply Chain Reconfiguration and Structured Trade Finance, with a primary focus on the apparel industry recently.
According to a press release issued in this direction by the concerned bank, the event saw active participation of prominent figures from both the textile and apparel sectors, along with influential industry leaders.
Among the notable attendees were Faruque Hassan, the President of BGMEA; Jose Manuel Romay, the Deputy Chief Financial Officer of Inditex SA, based in Madrid, Spain; Vinay Mendonca, the Chief Growth Officer of Global Trade and Receivables Finance at HSBC’s headquarters; and Md Mahbub ur Rahman, the CEO of HSBC Bangladesh.
The event also featured a panel discussion that revolved around the transformations occurring in Bangladesh’s supply chain reconfiguration. Distinguished panelists included Ziaur Rahman, the Regional Country Manager of H&M Group; Zahur Ahmed, the Managing Director of Apex Holdings Limited; Mohammed Abdur Rahim, the Vice Chairman of DBL Group; and Stuart Rogers, the Regional Head of International Markets in Commercial Banking for Asia-Pacific at HSBC.
Faruque Hassan expressed his optimism, stating, “We have demonstrated our global prowess as the second-largest apparel manufacturer, maintaining an 8 per cent market share since 2010. We now have an ambitious vision to secure a 12 per cent market share and grow our exports to US $ 100 billion by 2030. Achieving this goal involves diversification in products, fibres, and markets, innovation, technological advancements, upskilling our workforce, and an unwavering commitment to sustainability. Currently, we have around 200 LEED certified green RMG factories.”
