ICMAB Best Corporate Award 2022

ICMAB’s 13th Best Corporate Award was held at Pan Pacific Sonargaon Hotel, Dhaka, on 7 November 2023. They recognized 53 listed and non-listed organizations in 17 categories for their best corporate practices based on financial parameters and non-financial indicators.

The ICMAB Best Corporate award winners are recognized with gold, silver, and bronze positions.

A Jury Board chaired by Prof. Dr. Mohammed Farashuddin, Former Governor of Bangladesh Bank and Mohammed Nurul Amin, Former Managing Director & CEO of Meghna Bank Ltd, reviewed the approved list of winners, which was evaluated and recommended by 40 expert members of the evaluation team of the Institute.

Mr. Tipu Munshi MP, Hon’ble Minister of Commerce of GoB, graced the occasion as Chief Guest and handed over the awards to the winners at a gala event held (today), 07 November 2023, at the Grand Ballroom of Pan Pacific Sonargaon Hotel, Dhaka.

Mr. Tapan Kanti Ghosh, Senior Secretary, Ministry of Commerce, Government of the People’s Republic of Bangladesh; Professor Shibli Rubayat-Ul-Islam, Chairman, Bangladesh Securities and Exchange Commission (BSEC) and Dr. Md. Hamid Ullah Bhuiyan, Chairman, Financial Reporting Council (FRC) graced the program as Special Guests.

Distinguished Guests from different Ministries, trade bodies, regulators, stakeholders, and the awardees attended the ceremony.

Mr. Arif Khan FCMA, Chairman of the Corporate Award Committee and past President of the Institute, delivered the welcome speech, while Mr.  Md. Abdur Rahman Khan FCMA, President of ICMAB, delivered the presidential address.

At the end, the Secretary of the Institute, Mr. Md. Kausar Alam FCMA, offered a vote of thanks.

Winners of ICMAB Best Corporate Awards:

In the Nationalized Commercial Bank category, Sonali Bank PLC became Gold position winner, Janata Bank PLC became Silver position winner and Agrani Bank PLC became Bronze position winner.

In the Private Commercial Bank category, Eastern Bank PLC Secured Gold position, BRAC Bank PLC secured Silver position and The City Bank PLC Secured Bronze position.

In the Private Commercial Bank (Islamic Operation) category, Shahjalal Islami Bank PLC won Gold position, Islami Bank Bangladesh PLC won Silver position and Export Import Bank of Bangladesh Limited won Bronze position.

In the Non-Bank Financial Institution (NBFI) category, IDLC Finance Limited won the Gold position, IPDC Finance won the Silver position and Infrastructure Development Company Limited (IDCOL) won the Bronze position.

 In the General Insurance category, Pioneer Insurance Company Limited won the Gold position, Green Delta Insurance Company Limited got the Silver position and Sena Kalyan Insurance Company Limited and Reliance Insurance Limited jointly won the Bronze position.

In the Life Insurance category, National Life Insurance Company Limited Secured the Gold Position, Pragati Life Insurance Limited secured the Silver position and Sandhani Life Insurance Company Limited secured the Bronze position.

In the Pharmaceuticals Manufacturing category, Square Pharmaceuticals PLC won the Gold position, Reckitt Benckiser (Bangladesh) PLC won the Silver position and Renata Limited won the Bronze position.

In the Cement Manufacturing category, LafargeHolcim Bangladesh Limited secured the Gold position, Heidelberg Cement Bangladesh Ltd. secured the Silver position and Premier Cement Mills PLC secured the Bronze position.

In the Garments-Textile manufacturing category, Square Textiles PLC won the Gold, Matin Spinning Mills PLC won the Silver and Paramount Textile PLC won the Bronze position.

In the MNC Manufacturing category, British American Tobacco Bangladesh Company Limited won the Gold position, Marico Bangladesh Limited won the Silver position and Unilever Consumer Care Limited won the Bronze position.

In the Other Manufacturing category Bangladesh Steels Re-Rolling Mills Limited hold, the Gold position, RAK Ceramics Bangladesh Limited hold the Silver position and Shinepukur Ceramics Limited hold the Bronze position.

In the Power Generation category, United Power Generation & Distribution Co. Limited got the Gold position, Summit Power Limited got the Silver position and Doreen Power Generations and Systems Limited got the Bronze position.

In the Oil, Gas & Energy category, Meghna Petroleum Limited became Gold position winner, MJL Bangladesh PLC and Jamuna Oil Company Limited jointly became Silver position winner and Padma Oil Company Limited became Bronze position winner.

In the NGO category BRAC got the Gold position, UCEP-Bangladesh got the Silver position and Action Aid- Bangladesh got the Bronze position.

In the Agro & Food Processing category, Olympic Industries Limited got the Gold position, Index Agro Industries Limited got the Silver position and ACI Formulations Limited got the Bronze position.

In the Trading & Assembly category, Walton Hi-Tech Industries PLC secured the Gold position, Bangladesh Submarine Cable Company Limited (BSCCL) secured the Silver position and Runner Automobiles PLC secured the Bronze position.

In the IT & Telecommunication category Grameenphone got the Gold position Robi Axiata Limited got the Silver position and IT Consultants Limited got the Bronze position.