A total of 37 companies received the Ninth ICSB National Award for their outstanding corporate governance practices as well as transparency and accountability in overall management.
The Institute of Chartered Secretaries of Bangladesh (ICSB) organised the award giving ceremony at a city hotel on Saturday evening.
The companies were mainly judged in terms of ensuring corporate governance, overall management of their team in 2021, and ensuring compliance of the Bangladesh Securities and Exchange Commission's (BSEC) Corporate Governance Code.
This year, the award theme was 'promoting governing excellence'.
Private Industry and Investment Adviser to Prime Minister Salman Fazlur Rahman attended the ceremony as the chief guest.
Planning Minister M A Mannan and Senior Secretary to Ministry of Commerce Tapan Kanti Ghosh were present as the special guests.
ICSB President Mohammad Asad Ullah presided over the programme.
M Nurul Alam, Senior Vice President, ICSB and Chairman, Corporate Governance Excellence Award Committee, Mohammad Shafiqul Islam Bhuiyan, Council Member, and senior officials of various organisations were also present.
The chief guest along with other guests presented trophies and certificates to 37 winning companies under 12 sectors, which are listed with the DSE and the CSE.
The companies were recognised with awards in the gold, silver and bronze categories.
Eastern Bank Limited won the gold trophy in the general banking sector, while Mercantile Bank Limited won silver, and BRAC Bank Limited bronze.
Shahjalal Islami Bank Limited received the gold award in Islami Banking category.
DBH Finance PLC won the gold award in the non-banking financial institutions (NBFI) category, while IDLC Finance Limited bagged the silver, and Bangladesh Finance Limited received the bronze award.
In the general insurance category, the gold trophy went to Green Delta Insurance Company Limited, the silver to Reliance Insurance Limited and Peoples Insurance Company Limited, and the bronze to Sena Kallyan Insurance Company Limited and City General Insurance Company Limited.
In the life insurance category, Pragati Life Insurance Limited bagged the gold award, National Life Insurance Company Limited received the silver, and Sandhani Life Insurance Company Limited received the bronze trophy.
Beximco Pharmaceuticals Limited took home the top honour in the pharmaceuticals and chemical category, whereas Square Pharmaceuticals Limited won the silver, and Orion Pharma Limited won the bronze.
In the textile and RMG company category, Paramount Textile PLC bagged the gold, Matin Spinning Mills PLC got the silver, and Square Textiles Limited won the bronze trophy.
Unilever Consumer Care Limited won the gold, Golden Harvest Agro Industries Limited the silver, and Olympic Industries Limited the bronze in the food and allied company category.
Walton Hi-Tech Industries PLC got the gold trophy in the engineering category, Singer Bangladesh Limited the silver, and Runner Automobiles PLC the bronze.
RAK Ceramics (Bangladesh) Limited and Marico Bangladesh Limited won the gold, and LafargeHolcim Bangladesh Limited and Premier Cement Mills PLC bagged silver in the manufacturing category.
In the fuel and power company category, United Power Generation and Distribution Company Limited secured the gold, Summit Power Limited the silver, and Doreen Power Generations and Systems Limited received the bronze award.
Eastern Housing Limited won the top honour in the service company category, while Unique Hotel and Resorts PLC bagged the silver, and Index Agro Industries Limited won the bronze.
