ICMAB President’s Message

ICMAB President’s Message

As the 39th President of ICMAB, it is an immense honor to serve this esteemed institute and lead our dynamic community of Cost and Management Accountants. At a time when the socio-economic and political context of Bangladesh is rapidly evolving, our nation faces both immense challenges and opportunities. The global business environment is undergoing unprecedented transformation, driven by advancements in technology, automation, and data analytics. Digital disruption, artificial intelligence, and blockchain technology are redefining traditional business models, making the marketplace more competitive and dynamic than ever before. This transformation is echoed in Bangladesh’s own reform efforts to improve governance, transparency, and economic resilience.

In this context, the role of CMAs has never been more critical. As our country strives to position itself as a regional economic leader, organizations look to CMAs not only for financial stewardship but for strategic insights that can drive long-term growth and resilience. CMAs are uniquely positioned to support the sustainable growth of Bangladesh by contributing to financial transparency, governance, and strategic cost management across both the public and private sectors. Our expertise is essential as the nation navigates the complexities of a global economy while pursuing an agenda of inclusive growth.

To thrive in this new world, CMAs must equip themselves with a diverse set of skills and competencies. While our core expertise in cost management, financial analysis, and governance remains vital, we must also expand our capabilities to include technological proficiency, strategic thinking, and adaptability. Understanding and leveraging emerging technologies such as AI, machine learning, and data analytics are crucial to remain competitive. CMAs need to be proficient in digital tools that enable real-time financial reporting, forecasting, and decision-making.

The ability to align financial data with organizational strategy is more important than ever. In an uncertain business environment, CMAs must take on leadership roles that involve advising on corporate strategy, resource allocation, and long-term planning. Additionally, as businesses face increasing pressure to integrate sustainability into their operations, our role in ensuring responsible financial practices and ethical governance is indispensable for building trust with stakeholders.

Moreover, in an era of uncertainty, CMAs must be agile, ready to adapt to changing market conditions, regulatory shifts, and business disruptions. This requires a commitment to continuous learning and a willingness to explore new approaches. Alongside technical expertise, CMAs must also develop strong communication, leadership, and interpersonal skills, ensuring that financial insights translate into actionable business strategies.

As the 39th President of ICMAB, I am committed to supporting our members through this transformation. ICMAB will continue to provide cutting-edge training, certifications, and professional development opportunities to ensure that our members remain leaders in the profession. We will also work to foster unity within our community, as it is only through unity—one goal, one team, one voice—that we can truly serve our nation and our institute effectively.

I urge all CMAs to remain proactive, adaptive, and forward-thinking as we navigate this evolving landscape. By doing so, we can continue to add value to the organizations we serve and play a crucial role in shaping the future of Bangladesh’s economy.

Together, let us make the impossible possible.

Mahtab Uddin Ahmed FCMA
President, ICMAB

 

 

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