Tuesday, March 4, 2025

50 orgs get ICAB awards

The Institute of Chartered Accountants of Bangladesh on Sunday awarded 50 organisations including banks, financial institutions, manufacturing companies, non-government organisations and public sector entities for their ‘best presented annual reports’ in 2013.
The 14th ICAB National Awards were handed over to the winners at a programme held at Pan Pacific Sonargaon Hotel in Dhaka.
The organisations were awarded in 11 categories — public sector banks, private sector banks, financial services, manufacturing, communication and information technology, services, NGOs, public sector entities, corporate governance disclosures, insurance and agriculture sectors.
Prime Bank secured the first prize, Bank Asia and Islami Bank Bangladesh jointly secured the second prize while Eastern Bank and Dutch-Bangla Bank got the third prize among all the private sector banks in preparing and publishing annual reports. Besides, 15 other banks received certificates of merit.
In the category of public sector banks, Janata Bank and Rupali Bank jointly won the first prize and Bangladesh Development Bank secured the second position.
IDLC Finance Ltd topped the list in the category of non-bank financial services while Prime Finance & Investment Ltd and Union Capital Ltd jointly became the second and LankaBangla Finance Company Ltd secured the third position. DBH Finance Ltd and Uttara Finance & Investment Ltd received certificates of merit.
Green Delta Insurance Company Ltd became the first and Reliance Insurance Company Ltd the second and Prime Insurance Company Ltd the third in the category of insurance
sector. Eastland Insurance Company Ltd got certificate of merit.
Among the manufacturing entities, BSRM was awarded the top prize while Singer Bangladesh Ltd came out as the second and GlaxoSmithKline as the third prize winners.
Only Grameenphone won the award at the information and communication technology category while the Investment Corporation of Bangladesh alone won the award in the category of public sector entities.
In the NGO category, BRAC secured the top position.
The first award in the category of Corporate Governance Disclosure went to IDLC Finance Ltd while Janata Bank and Prime Bank became the second and the third winners respectively.
Commerce ministry senior secretary Hedayetullah Al Mamoon, ICAB president Showkat Hossain, chairman of the review committee for published accounts and reports Abbas Uddin Khan, among others, spoke at the programme.

-With New Age input

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