Artificial Intelligence (AI) technology, when used properly, will play an important role in increasing the transparency and reliability of information in the capital market, said Wajid Hasan Shah, Executive President of the Bangladesh Institute of Capital Market (BICM).

He made these remarks on Monday (8 December) at the inaugural session of a day-long training workshop titled “AI Essentials for Capital Market” organized for members of the Capital Market Journalists’ Forum (CMJF) at the multipurpose hall of BICM. The workshop was jointly organized by CMJF and BICM.

Present at the event were CMJF President Golam Samdani Bhuiyan and General Secretary Abu Ali. The session was moderated by Md. Sirajul Islam, Deputy Director of BICM. Also in attendance was Nazmus Salehin, Director (Administration & Finance) of the institution.

BICM Executive President Wajid Hasan Shah said, “Recently, five listed banks in the capital market have been merged, and nine other financial institutions are about to be liquidated. Through the use of AI, it is possible to analyze various data related to these institutions. Not only these companies, but AI will become extremely important in the future for analyzing any capital market–related information.”

CMJF General Secretary Abu Ali said that various training programs are regularly organized to improve the professional skills of CMJF members. As part of that effort, today’s training session was jointly arranged with BICM.

CMJF President Golam Samdani Bhuiyan said that AI is a highly important subject in the present time, and it is significant for the stock market as well. Considering this, the training workshop on AI has been arranged for CMJF members. He expressed hope that this will further enhance the professional skills of the members. The training workshop was conducted by BICM lecturers Imran Mahmud and Gaurav Roy.