CEO of Bangladesh International Arbitration Centre (BIAC) emphasises on the need for training on Alternative Dispute Resolution

Inaugurating a two day long training course on arbitration and mediation, held at Krishibid Institution Bangladesh Complex, Dhaka recently, Mr. Muhammad A. (Rumee) Ali, Chief Executive Officer of Bangladesh International Arbitration Centre (BIAC) emphasised the need for training on Alternative Dispute Resolution (ADR) to cater to the increasing requirement of businesses to settle disputes outside the court system in an expeditious and amicable manner. He said that ADR methods are growing forms of dispute resolution means in Bangladesh, especially in commercial and business transactions. Use of ADR in resolution of disputes arising between the parties in financial and corporate sectors is essential for bankers, lawyers, entrepreneurs, corporate leaders and students of law, he said. Explaining BIAC’s own Rules of Arbitration and Mediation, Mr. Ali stressed the need of being acclimatised with the methods and uses of ADR. He urged upon the trainees to become Members of BIAC and contribute to its efforts in adopting international best practices of ADR for resolving commercial disputes in the country. The training programme was organised by BIAC which was participated by 29 officials and representatives from banks, financial institutions, corporate houses, lawyers, university teachers and students of law.

On the first day of the training course on 23 July 2019 Barrister Nabil Ahsan and Barrister Kazi Akhtar Hosain conducted sessions on arbitration. The training sessions on mediation were conducted by Barrister Khaja Salauddin Ahmed and Advocate Fariha Zaman on the second day on 24 July 2019. Mr. M A Akmall Hossain Azad, Director, BIAC gave away certificates among participants of the training course on both days. Ms. Mahbuba Rahman Runa, General Manager, BIAC coordinated the programme.