The Institute of Chartered Accountants of Bangladesh (ICAB) on Monday awarded 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, infrastructure and construction, insurance, diversified holdings, communication and information technology, public sector, ngos, service sectors, corporate governance, and integrated reporting.ublic sector banks, private sector banks, financial services sector, manufacturing, power and energy sector, infrastructure and construction, insurance, diversified holdings, communication and information technology, public sector, ngos, service sectors, corporate governance, and integrated reporting.
The chief guest Commerce Minister Tipu Munshi handed over the awards to the winners at a gala event held (today), 30 October 2023 at the Pan Pacific Sonargaon Hotel, Dhaka.
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. 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.
Dr. Shamsul Alam, Minister of State, Ministry of Planning, GoB, graced the ceremony as the Special Guest.
ICAB President Md. Moniruzzaman delivered address of welcome while the Chairman of Review Committee for Published Accounts & Reports Mohammed Humayun Kabir spoke on BPA awarding process. delivered address of welcome while the Chairman of Review Committee for Published Accounts & Reports Mohammed Humayun Kabir 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.
Winners of ICAB BPA awards:
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.
In the Financial Services sector, LankaBangla Finance PLC became the gold award winner, IPDC Finance Limited became the silver award winner and Bangladesh Finance Limited the bronze winner.
In Manufacturing sector, British American Tobacco Bangladesh won the gold award, RAK Ceramics (Bangladesh) Limited won Silver award and Walton Hi-Tech Industries PLC became bronze award winner. sector, British American Tobacco Bangladesh won the gold award, RAK Ceramics (Bangladesh) Limited won Silver award and Walton Hi-Tech Industries PLC became bronze award winner.
In Insurance (General) sector, the City General Insurance Company Ltd won gold award, Reliance Insurance Limited and Green Delta Insurance Company Limited became joint silver award winners. (General) sector, the City General Insurance Company Ltd won gold award, Reliance Insurance Limited and Green Delta Insurance Company Limited became joint silver award winners.
In NGOs/NPOs sectors, SAJIDA Foundation won the gold award, BRAC won silver award while Shakti Foundation for Disadvantaged Women and Ghashful became joint bronze award winners.
In Communication & IT sector, Robi Axiata Limited became the gold award winner and Grameenphone Limited became the silver award winner. & IT sector, Robi Axiata Limited became the gold award winner and Grameenphone Limited became the silver award winner.
In the sector of Public Sector, Infrastructure Development Company Limited (IDCOL) became the gold award winner, Investment Corporation of Bangladesh Limited became the silver award winner and Bangladesh Infrastructure Finance Fund Ltd won the bronze award.the sector of Public Sector, Infrastructure Development Company Limited (IDCOL) became the gold award winner, Investment Corporation of Bangladesh Limited became the silver award winner and Bangladesh Infrastructure Finance Fund Ltd won the bronze award.
In the Service Sector, Unique Hotel & Resorts Limited and Bank Asia Limited became joint gold award winners, Shahjalal Islami Bank Limited silver award and British American Tobacco Bangladesh won the bronze award. Sector, Unique Hotel & Resorts Limited and Bank Asia Limited became joint gold award winners, Shahjalal Islami Bank Limited silver award and British American Tobacco Bangladesh won the bronze award.
In Integrated Reporting, BRAC Bank PLC won the gold award, IDLC Finance Limited won the silver award and Shahjalal Islami Bank Limited won the silver award.