LankaBangla Finance PLC successfully celebrated the completion of its Visa Migration Project 2025 at Amari Dhaka. Management lauded the milestone as a testament to the team’s dedication and extends its sincere gratitude to IT Consultants PLC for their vital contribution to this transition.
The ceremony featured a brief project summary by Project Sponsor Md. Kamruzzaman Khan (SEVP, Head of CMSME & Retail Business) and Didarul Haque Miah (EVP & Head of ICT), who also served as the Project Manager. Their briefing outlined the strategic leadership and technical execution that steered the initiative to a seamless and successful conclusion. The event was honored by the presence of Osman Haider, Deputy Managing Director of IT Consultants PLC, marking a significant collaborative triumph. Also in attendance from the senior leadership of LankaBangla Finance PLC were Quamrul Islam (SEVP, Head of Treasury & FI), Shamim Al Mamun, FCA (SEVP, Chief Financial Officer), and Mohammad Hafiz Al Ahad (SEVP, Head of Human Resources) and other High Officials from respected organizations. Management extends its warmest congratulations to the awardees and the entire team for their unwavering dedication and hard work in making this project a reality.
Implementing this Visa Migration Project will unlock several strategic advantages as transitioning to a unified switching platform for both Mastercard and VISA optimizes operations through direct associate membership, ensuring a seamless management experience via a single communication and reporting channel. This strategic consolidation drives significant yearly cost savings by eliminating transaction income sharing and additional fees for card issuance or printing. Beyond financial efficiency, the integration accelerates processing times and enhances the customer journey with standardized features across both brands, including specialized services like BEFTN and Green PIN facilities for VISA cardholders. Ultimately, this streamlined approach delivers a more effective, cost-conscious, and high-performance card management ecosystem.
