A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Mr. Mohammed Salim FCMA called on Dr. M. Khairul Hossain, Chairman, Bangladesh Securities and Exchange Commission (BSEC) at his office on April 09, 2018.
The ICMAB president has expressed heartfelt thanks to the Chairman, BSEC and the whole team for the modernization and successful operation of capital market in recent days. The president also highlights the upgradation of Bangladesh Securities and Exchange Commission (BSEC) to A-category from B-category by the International Organization of Securities Commissions (IOSCO) which reflects the untiring effort of the Chairman to ensure a more disciplined market and help attract more foreign investments.
The President also highlights the demutualization scheme which successfully brought corporate culture in stock market. Profit orientation target give a new challenge before the stock exchanges which is the demand of the time and Bangladesh capital market can successfully do that only due to the uncompromising leadership of the Chairman. At the same time the President brings the corporate governance issue as observed in different corporate in Bangladesh. BSEC has played a significant role in this regard through the new Code of Corporate Governance which brings transparency and accountability in corporate sector.
The ICMAB President also confirms that the ICMAB can play effective role at any capacity which falls within the broader aspect of accounting, financial management, reporting and governance of body corporate for the greater interest of the country.
The BSEC Chairman appreciated the increased role contribution of Cost and Management Accountants and their relentless effort in the business and industrial sectors in the country. He also assured all possible help and assistance for the development for enhancement of professional bondage between ICMAB and BSEC.
ICMAB delegate members were Vice President Mr. Arif Khan FCMA, Executive Director Md. Mahbub Ul Alam FCMA. On the other side Commissioners of SEC Professor Md. Helal Uddin, Mr. Md. Amzad Hossain, Prof. Dr. Swapan Kumar Bala FCMA & Khondoker Kamaluzzaman were also present during above discussion.