Institute of Cost and Management Accountants of Bangladesh (ICMAB) honored a total of 61 organizations. With the ICMAB Best Corporate Award 2020 in recognition to their performance in corporate governance.
The event was organized at a city hotel, honored the organizations dividing in 18 categories after reviewing their performances based on respective annual reports.
Commerce Minister Tipu Munshi, attended the award ceremony as the chief guest while Bangladesh Securities and Exchange Commission (BSEC) chairman Prof. Shibli Rubayat-Ul-Islam, Chairman, Standard Bank Limited & Past President, FBCCI Kazi Akram Uddin Ahmed and President of South Asian Federation of Accountants (SAFA) AKM Delwer Hussain FCMA spoke as special guests.
The 18 award categories were Nationalized Commercial Bank; Private Commercial Bank; Private Commercial Bank (Islamic Operation); Non-bank Financial Institution; General Insurance; Life Insurance; Pharmaceuticals; Cement; Textile; Multinational Company; Others Manufacturing; Power Generation; Oil, Gas & Energy; NGO; Agro and Food Processing; Trading & Assembly and Telecommunication and Corporate Excellence Award.
In the Nationalized Commercial Bank Category 1st (gold) Sonali Bank Limited and 2nd (silver) Rupali Bank Limited.
In the Private Commercial Bank Category 1st (gold) BRAC Bank Limited, Jointly 2nd (silver) Dutch-Bangla Bank Limited & Trust Bank Limited and 3rd (bronze) Pubali Bank Ltd.
In the Private Commercial Bank (Islamic Operation) Category 1st (gold) Islami Bank Bangladesh Limited, 2nd (silver) Al-Arafah Islami Bank Ltd and 3rd (bronze) Shahjalal Islami Bank Limited.
In Non-bank financial institution Category 1st (gold) IDLC Finance Limited, 2nd (silver) IPDC Finance Limited and 3rd (bronze) LankaBangla Finance & Delta Brac Housing Finance Corporation Ltd.
In General insurance Category 1st (gold) Green Delta Insurance Company Limited, 2nd (silver) Nitol Insurance Co. Ltd. and jointly 3rd (bronze) Reliance Insurance Limited & Pioneer Insurance Company Limited.
In Life Insurance Category 1st (gold) Pragati Life Insurance Co. Ltd. 2nd (silver) Sandhani Life Insurance Company Ltd. and 3rd (bronze) Meghna Life Insurance Co. Ltd
In Pharmaceuticals Manufacturing Category 1st (gold) Square Pharmaceuticals Ltd., Jointly 2nd (silver) Beximco Pharmaceuticals Limited & Orion Pharma Ltd. and jointly 3rd (bronze) Renata Limited & ACI Limited. In Cement Manufacturing Category 1st (gold) Premier Cement Mills Limited, 2nd (silver) LafargeHolcim Bangladesh Limited and 3rd (bronze) M.I. Cement Factory Limited. In Textile Manufacturing Category 1st (gold) Paramount Textile Limited, 2nd (silver) Square Textile Ltd and others.
