- Business, Dhaka

ICMAB awards many appropriate corporate players

The Institute of Cost as great as Management Accountants of Bangladesh (ICMAB) yesterday awarded twenty-three monetary institutions, insurers as great as pharmaceuticals as great as telecoms companies for their efforts to settle corporate governance in their entities.

Finance Minister AMA Muhith gave divided the ICMAB Best Corporate Award 2011 during the rite during Sonargaon Hotel in Dhaka.

The ICMAB has introduced the endowment to recognize the country’s many appropriate corporate enterprises as great as enthuse others to adopt great corporate enlightenment as great as management.

Janata Bank won the tip endowment in the state-run blurb bank category. Agrani Bank as great as Rupali Bank came out second as great as third.

In the in isolation blurb bank (traditional operation) category, Prime Bank became first, with National Bank in the second upon all sides as great as Eastern Bank in the third.

Standard Chartered Bank grabbed the tip upon all sides in unfamiliar blurb bank category. HSBC was second as great as Commercial Bank of Ceylon third.

Islami Bank Bangladesh won the initial esteem in in isolation blurb bank (Islamic operations) difficulty with EXIM Bank as great as Shahjalal Islami Bank securing the second as great as third positions.

In the non-bank monetary establishment category, IDLC Finance won the tip award, whilst LankaBangla Finance was second as great as Prime Finance & Investment third.

Green Delta Insurance surfaced the ubiquitous word difficulty winners. Reliance Insurance as great as Pioneer Insurance accomplished second as great as third respectively.

Square Pharmaceuticals was the initial in the pharmaceuticals category, followed by Beximco Pharmaceuticals in the second upon all sides as great as GlaxoSmithKline Bangladesh in the third.

Grameenphone, the country’s tip mobile phone operator, won the tip endowment in the telecommunication category. Orascom Telecom Bangladesh that operates Banglalink came second.

Speaking as the arch guest, Muhith described the accountants as watchdogs. “Managing price as great as supervision is critical in moulding activities of the commercial operation house.”

Muhith pronounced the ICMAB as great as the supervision need to work together in environment customary for the accountants.

In his evident reaction, Tore Johnsen, arch senior physical education instructor military officer of Grameenphone, pronounced corporate governance has regularly perceived scold courtesy in the story of Grameenphone as great as acted as the motorist for what it is today. “This endowment proves that the concentration is correct.”

Muzaffar Ahmed, who headed the endowment preference committee, as great as Zahir Uddin Ahmed, boss of ICMAB, additionally spoke.

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