, April 29 -- Bangladesh Bank (BB) has relaxed its mandatory banking professional examination requirement for experienced senior officials seeking higher positions in other banks or financial institutions.

According to a circular issued by the Banking Regulation and Policy Department (BRPD) on Wednesday, officials who have completed 15 years of service after joining or being promoted to the rank of Senior Officer (or equivalent) will no longer be required to pass the banking diploma for recruitment to a higher post in a different bank.

The central bank cited the need to maintain professional mobility for skilled human resources within the banking sector as the reason for this policy adjustment.

The move amends a previous directive issu...