Dhaka : The Institute of Chartered Secretaries of Bangladesh (ICSB) organized the 12th ICSB National Award for Corporate Governance Excellence, 2024 at the Grand Ballroom of Pan Pacific Sonargaon, Dhaka, recognizing listed companies for their outstanding commitment to corporate governance, transparency, and accountability. The theme of the award was “Promoting Governing Excellence.”
The award recognized companies that demonstrated excellence in governance practices during 2024 in compliance with the Corporate Governance Codes of the Bangladesh Securities and Exchange Commission (BSEC) and relevant regulatory frameworks.
Bashir Uddin, Adviser, Ministry of Commerce, Government of the People’s Republic of Bangladesh, graced the occasion as the Chief Guest. Lutfey Siddiqi, Special Envoy on International Affairs to the Chief Adviser, Government of the People’s Republic of Bangladesh, attended the event as the Guest of Honour.
The programme was further honoured by the presence of Dr. Ahsan H. Mansur, Governor, Bangladesh Bank; Dr. Md. Habibur Rahman, Deputy Governor, Bangladesh Bank, Md. Saifuddin, CFA, Commissioner, Bangladesh Securities and Exchange Commission (BSEC) and Dr. Md Sajjad Hossain Bhuiyan, Chairman, Financial Reporting Council (FRC), as Special Guests.
The ceremony was presided over by Hossain Sadat FCS, President of ICSB. Md. Abdullah Al Mamun FCS, Chairman, Corporate Governance Committee, ICSB, presented the overview of the Corporate Governance Awarding Charter.
43 winning companies listed on the Dhaka Stock Exchange PLC and Chittagong Stock Exchange PLC were recognized under 14 different categories and were awarded Gold, Silver, and Bronze trophies. Chief guest, guest of honour and special guests handed over the trophies and certificates among the winning companies.
BRAC Bank PLC. has won the Gold trophy in the General Banking category while Eastern Bank PLC. has secured silver and City Bank PLC. Bronze.
Shahjalal Islami Bank PLC. has won the Gold award in the Islamic Banking category.
IDLC Finance PLC. has won the Gold award in the Non-Banking Financial Institutions category while DBH Finance PLC. has bagged Silver and IPDC Finance PLC. has received Bronze award.
In the General Insurance category, the Gold trophy have jointly won by City Insurance PLC. & Sena Insurance PLC the Silver has gone to Green Delta Insurance PLC. and the Bronze to Reliance Insurance PLC.
In the Life Insurance category Sandhani Life Insurance Company Ltd. has bagged Silver award while National Life Insurance PLC & Chartered Life Insurance PLC have jointly received Bronze trophy.
Reckitt Benckiser (Bangladesh) PLC took home the top honor in the Pharmaceuticals and Chemical category The IBN Sina Pharmaceutical Industry PLC has won Silver and Square Pharmaceuticals PLC. has received Bronze trophy.
In the Textile and RMG Company category, Paramount Textile PLC has bagged the Gold, Matin Spinning Mills PLC & Tosrifa Industries Ltd. both have got Silver and Envoy Textiles Limited has received Bronze trophy.
Unilever Consumer Care Limited has won Gold, Olympic Industries PLC. has won Silver and Agricultural Marketing Co. Ltd. and Golden Harvest Agro Industries Ltd. both have won Bronze in the Food and Allied Company category.
ADN Telecom Limited has got the Gold trophy in the Information and Communication Technology category while aamra networks limited has won Silver and Daffodil Computers PLC. has received Bronze trophy.
Walton Hi-Tech Industries PLC. has got the Gold trophy in the Engineering category, Bangladesh Steel Re-Rolling Mills Limited and BSRM Steels Limited both have won Silver and Rangpur Foundry Limited has won Bronze trophy.
LafargeHolcim Bangladesh PLC. has won the Gold, Heidelberg Materials Bangladesh PLC. has bagged Silver and Index Agro Industries Limited has received Bronze trophy in the Manufacturing category.
In the Fuel and Power Company category, Linde Bangladesh Limited has secured Gold and United Power Generation & Distribution Company Ltd. & Doreen Power Generations and Systems Limited both have received Bronze trophy.
Unique Hotel & Resorts PLC has won the top honor in the Service Company category while Eastern Housing Limited has bagged Silver.
In the Telecommunications category, Grameenphone Ltd. has bagged Gold award and Robi Axiata PLC. has received Silver and Bangladesh Submarine Cables PLC has secured Bronze trophy.
At the ending speech of the ceremony, Mohammad Shafiqul Islam Bhuiyan, FCS, council member of ICSB thanked everyone on behalf of ICSB.
