corporate governance excellence

The Institute of Chartered Secretaries of Bangladesh (ICSB) organised the 10th ICSB National Award for Corporate Governance Excellence-2022 at the Radisson Blu Dhaka Water Garden on Saturday.

The ICSB honoured 43 companies for their exemplary corporate governance, transparency and accountability in 2022, said a press release.

The companies followed the corporate governance code of the Bangladesh Securities and Exchange Commission (BSEC) and promoted the theme "Promoting Governing Excellence".

Commerce Minister Tipu Munshi was chief guest at the event.

Md Nojibur Rahman, chairman of the Capital Market Stabilization Fund, and Tapan Kanti Ghosh, senior secretary of the commerce ministry, were present as special guests.

Mohammad Asad Ullah FCS, president of the ICSB, presided over the programme, where M Nurul Alam FCS, senior vice president and chairman of the Corporate Governance Committee, and senior officials of various organisations were also present.

The awards were given in 14 categories to 43 winning companies under the gold, silver, and bronze categories.

The gold winners are Eastern Bank PLC, Shahjalal Islami Bank PLC, IDLC Finance Limited, City General Insurance Company Limited, National Life Insurance Company Limited, Beximco Pharmaceuticals Limited, Matin Spinning Mills PLC, Unilever Consumer Care, ADN Telecom Limited, Walton Hi-Tech Industries PLC, RAK Ceramics, United Power Generation and Distribution Company Limited, Eastern Housing Limited, and Robi Axiata Limited.

The guests praised the ICSB's role in building governance and sustainable development in the business sector of Bangladesh.