Brac Bank wins ICMAB Award for 5th straight year

Brac Bank Ltd won the Gold Award of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) at the "ICMAB Best Corporate Award 2020".   

Mohammad Abdul Ohab Miah, financial controller of Brac Bank, received the award from Commerce Minister Tipu Munshi at Le Meridien Dhaka on December 30, 2021, a press release said. 

Munshi formally handed over the award to BRAC Bank's Mohammad Abdul Ohab Miah.

"This recognition from ICMAB for five consecutive years reflects a strong bearing of our corporate governance culture, transparency, ethics and compliance," said Selim RF Hussain, managing director of Brac Bank. 

The ICMAB Award, the highest ranking award in the private commercial bank category, is conferred to the organisations in recognition of best corporate governance practices. The bank had earlier gotten first position in the private commercial bank category in 2016, 2017, 2019 and became second in 2018.  

Prof Shibli Rubayat Ul Islam, chairman of the Bangladesh Securities and Exchange Commission, and Abu Bakar Siddique, president of ICMAB, were also present.