A total of 30 listed and non-listed entities in 15 different sectors including Public Sector Banks, Private Sector Banks, Financial Services Sector, Manufacturing, Power and Energy sector, Insurance have been honored with the Institute of Chartered Accountants of Bangladesh (ICAB) National Award for Best Presented Annual Reports, Integrated Reporting, and Corporate Governance Disclosures.
Apart from recognizing the first, second and third positions in each sector, the “Certificate of Merit” were conferred on the entities on achieving minimum threshold scores. Among all the winners, Shahjalal Islami Bank Limited became the over-all winner.
A 13-member Jury Board chaired by Dr. Atiur Rahman, former governor Bangladesh Bank reviewed the recommended list of the winners of ICAB National Award for their best presented Annual Reports, Integrated Reporting, and Corporate Governance Disclosures-2022.
During the year, ICAB- Review Committee for Published Accounts & Reports (RCPAR) received annual reports from 86 entities.
As the Chief Guest Commerce Minister Tipu Munshi, MP handed over the awards to the winners at a gala event held on Monday at the Pan Pacific Sonargaon Hotel, Dhaka.
Dr. Shamsul Alam, Minister of State, Ministry of Planning, attended the ceremony as the Special Guest.
Tapan Kanti Ghosh, Senior Secretary, Ministry of Commerce, GoB; Sharifa Khan, Secretary, Economic Relations Division, Ministry of Finance, GoB; Md. Fashiullah, Executive Vice-Chairman, Microcredit Regulatory Authority; SK. Md. Moniruzzaman, Director General (Grade-1), NGO Affairs Bureau; Dr. Md. Hamid Ullah Bhuiyan, Chairman, Financial Reporting Council; Dr. Mizanur Rahman, Commissioner, Bangladesh Securities and Exchange Commission; and Mahbubul Alam, President, The Federation of Bangladesh Chamber of Commerce & Industry were present as guests of honour.
Distinguished Guests from different Ministries, trade bodies, regulators, stakeholders and awardees attended the ceremony.
ICAB President Md. Moniruzzaman FCA delivered address of welcome and the Chairman of Review Committee for Published Accounts & Reports Mohammed Humayun Kabir FCA spoke on BPA awarding process.
From the winning companies, three best annual reports under each award sector will be nominated by ICAB to the SAFA BPA competition in December 2023 in recognition of their excellence in financial disclosure.
In the Public Sector Banks, Agrani Bank PLC became the gold award winner, Janata Bank PLC and Sonali Bank PLC became joint silver award winners and Rupali Bank Limited became the bronze award winner.
In Private Sector Banks, Shahjalal Islami Bank Limited and Bank Asia Limited became joint gold award winners while United Commercial Bank PLC and BRAC Bank PLC became Joint silver award winners and Mutual Trust Bank Limited and Mercantile Bank PLC became joint bronze award winners.
