BSS
  01 Jan 2022, 19:22

61 organisations win ICMAB Best Corporate Award

  DHAKA, Jan 01, 2022 (BSS) - The Institute of Cost and Management 
Accountants of Bangladesh (ICMAB) on Thursday awarded 61 organisations for 
their performance in corporate governance.

  The ICMAB, at its flagship event organized in a city hotel, honoured the 
organizations with 'Best Corporate Award 2020' in 18 categories after 
reviewing their performances based on respective annual reports, said a press 
release.

  Commerce Minister Tipu Munshi addressed the award ceremony as the chief 
guest while Bangladesh Securities and Exchange Commission (BSEC) Chairman 
Prof. Shibli Rubayat-Ul-Islam, Standard Bank Limited Chairman Kazi Akram 
Uddin Ahmed, and South Asian Federation of Accountants (SAFA) President AKM 
Delwer Hussain spoke as special guests.

  The 18 award categories were - Nationalized Commercial Bank, Private 
Commercial Bank, Private Commercial Bank (Islamic Operation),Non-bank 
Financial Institution, General Insurance, Life Insurance, Pharmaceuticals, 
Cement, Textile, Multinational Company, Others Manufacturing, Power 
Generation, Oil, Gas and Energy, NGO, Agro and Food Processing, Trading and 
Assembly and Telecommunication and Corporate Excellence Award.

  In the Nationalized Commercial Bank Category, Sonali Bank Limited won 1st 
place (gold) and Rupali Bank Limited won the 2nd place (silver).

  In the Private Commercial Bank Category, BRAC Bank Limited won 1st place 
(gold), Dutch-Bangla Bank Limited & Trust Bank Limited jointly won 2nd place 
(silver), and Pubali Bank Ltd won 3rd place (bronze).

  In the Private Commercial Bank (Islamic Operation) Category, Islami Bank 
Bangladesh Limited won 1st place (gold), Al-Arafah Islami Bank Ltd won 2nd 
place (silver), and Shahjalal Islami Bank Limited won 3rd place (bronze).

  In the Non-bank financial institution Category, IDLC Finance Limited won 
1st place (gold), IPDC Finance Limited won 2nd place (silver), and 
LankaBangla Finance and Delta Brac Housing Finance Corporation Ltd jointly 
won 3rd place (bronze).

  In the General insurance Category, Green Delta Insurance Company Limited 
won 1st place (gold), Nitol Insurance Co. Ltd won 2nd place (silver), 
Reliance Insurance Limited and Pioneer Insurance Company Limited jointly and 
won 3rd place (bronze).

  In the Life Insurance Category, Pragati Life Insurance Co. Ltd. won 1st 
place (gold), Sandhani Life Insurance Company Ltd. won 2nd place (silver), 
and Meghna Life Insurance Co. Ltd won 3rd place (bronze).

  In the Pharmaceuticals Manufacturing Category, Square Pharmaceuticals Ltd. 
won 1st place (gold), Beximco Pharmaceuticals Limited & Orion Pharma Ltd. 
Jointly won 2nd place (silver), and Renata Limited and ACI Limited jointly 
won 3rd place (bronze).

  In the Cement Manufacturing Category, Premier Cement Mills Limited won 1st 
place (gold), Lafarge Holcim Bangladesh Limited won 2nd place (silver), and 
M.I. Cement Factory Limited won 3rd place (bronze).

  In the Textile Manufacturing Category, Paramount Textile Limited won 1st 
place (gold), Square Textile Ltd won 2nd place (silver), and Envoy Textiles 
Limited won 3rd place (bronze).

   In the MNC Manufacturing Category, British American Tobacco Bangladesh 
Company Ltd won 1st place (gold), Marico Bangladesh Limited won 2nd place 
(silver), and Berger Paints Bangladesh Ltd won 3rd place (bronze).

  In the Others Manufacturing Category, Bangladesh Steel Re-Rolling Mills 
Ltd. won 1st place (gold), RAK Ceramics (Bangladesh) Limited won 2nd place 
(silver), and BBS Cables Ltd won 3rd place (bronze).

  In the Power Generation Category, Summit Power Limited won 1st place 
(gold), United Power Generation and Distribution Co. Ltd. & Doreen Power 
Generations and Systems Ltd jointly won 2nd place (silver), and Baraka Power 
Limited & Dhaka Power Distribution Company Limited won 3rd place (bronze).

  In the Oil, Gas and Energy Category, Linde Bangladesh Limited won 1st place 
(gold), MJL Bangladesh Limited won 2nd place (silver), and Meghna Petroleum 
Limited won 3rd place (bronze).

  In the NGO Category, BRAC won 1st place (gold), UCEP Bangladesh won 2nd 
place (silver), and Action Aid- Bangladesh and Ghashful jointly won 3rd place 
(bronze).

  In the Agro and Food Processing Category, Olympic Industries Ltd won 1st 
place (gold), Agricultural Marketing Co. Ltd. won 2nd place (silver), and 
Golden Harvest Agro Industries Ltd won 3rd place (bronze).

  In the Trading and Assembly Category, Runner Automobiles Limited won 1st 
place (gold), Chittagong Dry Dock Limited won 2nd place (silver), and Aftab 
Automobiles Limited & Dockyard & Engineering Works jointly won 3rd place 
(bronze).

  In the Telecommunication Category, Grameen Phone Limited won 1st place 
(gold), Robi Axiata Limited won 2nd place (silver), and Bangladesh Submarine 
Cable Company Limited and aamra networks limited jointly won 3rd place 
(bronze).