The Institute of Chartered Secretaries of Bangladesh (ICSB) on Sunday organised the 12th ICSB National Award for Corporate Governance Excellence 2024 at a city hotel, recognising 43 listed companies for compliance, transparency and accountability.
The programme, held at the Grand Ballroom of Pan Pacific Sonargaon under the theme “Promoting Governing Excellence,” assessed governance performance in line with the Corporate Governance Codes of the Bangladesh Securities and Exchange Commission and other regulatory frameworks.
Commerce Adviser SK Bashir Uddin attended as the chief guest, while Chief Adviser’s Special Envoy on International Affairs Lutfey Siddiqi was present as the guest of honour.
Bangladesh Bank Governor Ahsan H Mansur, Bangladesh Bank Deputy Governor Md Habibur Rahman, Bangladesh Securities and Exchange Commission Commissioner Md Saifuddin CFA and Financial Reporting Council Chairman Md Sajjad Hossain Bhuiyan joined as special guests.
The ceremony was presided over by Institute of Chartered Secretaries of Bangladesh President Hossain Sadat FCS, while Corporate Governance Committee Chairman Md Abdullah Al Mamun FCS presented the awarding charter.
In general banking, BRAC Bank received gold, Eastern Bank silver and City Bank bronze, while Shahjalal Islami Bank secured gold in Islamic banking.
In non-banking financial institutions, IDLC Finance won gold, DBH Finance silver and IPDC Finance bronze.
City Insurance and Sena Insurance jointly received gold in general insurance, followed by Green Delta Insurance with silver and Reliance Insurance with bronze.
Sandhani Life Insurance secured silver in life insurance, while National Life Insurance and Chartered Life Insurance jointly received bronze.
Reckitt Benckiser Bangladesh won gold in pharmaceuticals and chemicals, followed by IBN Sina Pharmaceutical Industry with silver and Square Pharmaceuticals with bronze.
In textiles and readymade garments, Paramount Textile received gold, Matin Spinning Mills and Tosrifa Industries jointly secured silver, and Envoy Textiles received bronze.
Unilever Consumer Care won gold in food and allied, Olympic Industries silver, and Agricultural Marketing Company with Golden Harvest Agro Industries jointly received bronze.
In information and communication technology, ADN Telecom secured gold, aamra networks silver and Daffodil Computers bronze.
Walton Hi-Tech Industries won gold in engineering, Bangladesh Steel Re-Rolling Mills and BSRM Steels jointly received silver, and Rangpur Foundry took bronze.
LafargeHolcim Bangladesh received gold in manufacturing, Heidelberg Materials Bangladesh silver and Index Agro Industries bronze.
In fuel and power, Linde Bangladesh secured gold, while United Power Generation and Distribution Company and Doreen Power Generations and Systems jointly received bronze.
Unique Hotel and Resorts won gold in services, while Eastern Housing received silver.
Grameenphone secured gold in telecommunications, followed by Robi Axiata with silver and Bangladesh Submarine Cables with bronze.
“Corporate Governance Excellence Award is a benchmark for exemplary governance practices in the country,” said Commerce Adviser SK Bashir Uddin.
Lutfey Siddiqi said strong governance must remain central to building a resilient and democratic Bangladesh.
Bangladesh Bank Governor Ahsan H Mansur said such recognition encourages professionalism and institutional integrity.
Bangladesh Bank Deputy Governor Md Habibur Rahman said governance strengthens transparency and long-term growth.
Bangladesh Securities and Exchange Commission Commissioner Md Saifuddin CFA said ethical practices boost investor confidence and global competitiveness.
Financial Reporting Council Chairman Md Sajjad Hossain Bhuiyan said the awards inspire trust, transparency and sustainability.
Institute of Chartered Secretaries of Bangladesh President Hossain Sadat FCS called for collective efforts to advance governance aligned with national development.
Institute of Chartered Secretaries of Bangladesh Council Member Mohammad Shafiqul Islam Bhuiyan FCS delivered the vote of thanks at the closing session.
Senior government officials, corporate leaders, professionals and journalists attended the ceremony and commended the institute’s role in strengthening corporate governance in Bangladesh.
