Grameen Bank

Development with a difference:  

Position: Deputy Managing Director  2004 -2009

He was one of the main architects in transforming the Grameen Concept into an independent specialized bank. 

Before assuming the post of Deputy Managing Director of Grameen Bank in 2004, he held various key positions of growing responsibilities as follows: 

Deputy Managing Director 2004-2009                                                                               

General Manager of Administration, Establishment, Engineering, Technology, operation and Development Departments    1995-2004

Head of Administration and operation 1987-1995

Head of Administration, operation and Monitoring and Evaluation Departments 1987-1988

Head of Monitoring and Evaluation Department 1986-1988

Assistant General Manager (Zonal Manager) 1984- 1986

Senior Principal Officer 1983- 1984

Training Coordinator 1982- 1983

Project Officer 1979 – 1981

Mr. Barua has been involved in founding, designing, developing and implementing the Grameen Bank Financial System right from the very beginning:     

• Developed the “Grameen Bank Credit Manual “. Mr. Barua introduced innovative concept for training and laid the foundation of Grameen Bank Training Center.
• Designed and implemented Grameen Bank’s Monitoring & Evaluation System. He developed the formats which are still in use. He also came up with the idea of “Thursday Schedule“ as a way of increasing supervision and monitoring.
• Implemented innovative programs for impact analysis such as formulating methodology for collecting case studies and was the first one to publish them in the book “Beltoil Gramer Jorimon O Annanora”.
• Developed and implemented the concept of “Soft Economic Base” for Grameen Bank Members by promoting alternative income generating activities like farming, handicrafts etc.
• Designed and initiated innovative financial, marketing and management initiatives for promoting micro-loans,
• Introduced performance award for Grameen Bank staff by setting up rules and regulations for evaluating field staff,
• Successfully developed models for replicating the Grameen Model around the world.

One of his key achievements is transforming Grameen Bank model from Classic to Generalized System. Mr. Dipal Barua was the Head of the Cell and was the main architect in the design and pilot testing of the new system. Later, he played the lead role in successfully implementing the system. Under his leadership, Grameen Bank rapidly expanded and became a sustainable banking institution serving the rural poor.