The South Asian Federation of Accountants (SAFA), an apex body of SAARC, has awarded BRAC Bank Limited with the Best Presented Annual Report Awards and SAARC Anniversary Awards for Corporate Governance Disclosures, 2016, said a statement.
BRAC Bank Limited won the most prestigious corporate disclosure awards in the South Asia outshining counterparts in India, Sri Lanka, Pakistan, Nepal, the Maldives, Bhutan and Afghanistan in the Private Sector Banks Category (Including Co-operative Banks).
This award has been conferred on BRAC Bank Limited on the basis of evaluation administered by SAFA’s Committee for Implementation in Transparency, Accountability and Governance.
Mr. A. K. Joaddar, Deputy Managing Director & CFO; Zara Jabeen Mahbub, Head of Communications & Customer Experience, Mr. Abdul Ohab Miah FCA, Head of Reporting; BRAC Bank Limited, formally received the award from Dr. Suvod Kumar Karn, President of SAFA, at a ceremony at Hotel Soaltee Crowne Plaza in Kathmandu, Nepal on January 31, 2018.
On winning the award, BRAC Bank’s Managing Director & CEO, Mr. Selim R. F. Hussain said, “Over the past two years, BRAC Bank has won a number of prestigious awards and achieved new milestones in the banking industry. While focus and commitment are the bedrock of every achievement, the Bank’s success also reflects the collective effort, pride and passion of the bank’s large 8,500 staff. This international recognition from SAFA and SAARC is another stepping stone towards becoming the ‘Best Bank’ in the country. We gratefully acknowledge the bank’s valued clientele and stakeholders for their continued patronage and confidence in the organization.”
It may be mentioned, BRAC Bank’s Annual Report for the year 2016 also won the Institute of Chartered Accountant’s Awards (ICAB), securing ‘First Position’ in the Best Published Annual Reports 2016 under the private sector commercial banks category. The Institute of Cost & Management Accountants of Bangladesh (ICMAB) has awarded BRAC Bank Limited the First Position in the Private Commercial Bank Category at the “ICMAB Best Corporate Awards 2016”.
-rmc//
