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- 06 Nov 2022
Institute of Chartered Secretaries of Bangladesh
A Statutory Body under an Act of Parliament
Administrative Ministry: Ministry of Commerce, Government of the People's Republic of Bangladesh
Institute of Chartered Secretaries of Bangladesh (ICSB) was established under an Act of Parliament i.e. Chartered Secretaries Act 2010 is the only recognized professional body to develop, promote and regulate the profession of Chartered Secretary in Bangladesh.
The affairs of the Institute of Chartered Secretaries of Bangladesh (ICSB) are managed by a Council consist of 13 (thirteen) elected members and 05 (five) nominees from the Government of the People's Republic of Bangladesh.
The major contribution of a Chartered Secretary is in the corporate sector. Chartered Secretary is a requisite qualification to become a Company Secretary. Company Secretary is an important professional aiding the efficient management of the corporate sector.
Company Secretary is a statutory officer under the Companies Act 1994. According to Bangladesh Securities and Exchange Commission (BSEC) all the listed companies should have a Company Secretary. Company Secretary is the compliance officer of the company, who has to interact, coordinate, integrate and co-operate with various other functional heads in a company.
Assalamu Alaikum WRWB
My dear ICSB Professional Colleagues, Interns, Students, and ICSB officers and staffs! Ralph Waldo Emerson once said, “Nothing great was ever achieved without enthusiasm!” I keep this mantra above my desk as a reminder to be enthusiastic about the works ahead. Those words act as a cheer-leader for me on days when I cannot bear any more bad news. They motivate me when I feel stuck or burned out as we collectively pull through. My hope is that they will set the tone for my presidency with the ICSB, which began this month. It is a privilege to lead such an outstanding institution of higher learning and professionalism. The Institute to be rated a “Best Value” Institute by the Society we all live in.
I, on my own behalf and behalf of my Council Members express my heartfelt thanks and gratitude to the Hon’ble Members for electing us as the Council Members of ICSB for the term 2022-25. I also express my gratitude to the Council Members for electing me as the President of the Institute for the Term 2022-25. I have observed that a large number of young members unitedly came forward to give their sacred verdict for the development of the ICSB profession in the 5th ICSB election to materialize their hopes and aspirations which had been pending for a long time. With great heart and belief, I call upon all members of the Cou...
"Corporate Governance" is crucial in governing the company, instating its own customs, policies and laws into companies and its employees in every level. CG can play an important role in ensuring accountability and transparency. ICSB as a professional body to develop, promote and regulate the profession of CS in Bangladesh, should act as watchdog to promote best practice in business and corporate houses.
“Corporate Governance” is important to ensure good governance in the corporate sector. Corporate governance plays an important role in enhancing accountability and transparency in any company. ICSB is the statutory body to develop, promote, and regulate the profession of Company Secretaries in Bangladesh.
ICSB is nurturing the profession of Chartered Secretaries in the field of corporate management emphasizing the governance and compliance issues. I hope that the Chartered Secretaries will continue to act professionally for the improvement in governance and thereby continue with their noble objectives to achieve the goal of building a Golden Bangladesh.
ICSB is the apex professional body in the country to develop, promote and regulate the profession of Chartered Secretaries in Bangladesh which was established under the Chartered Secretaries Act, 2010. The Institute has been working for several years with the noble objective of recognizing listed companies in our country for their contribution towards sustainable good governance.
Corporate Governance is concerned with ensuring the balance between economic and social goals and between individual and societal goals. The CG framework need to encourage the efficient use of resources and ensure accountability for the stewardship of those resources. ICSB has been instrumental in emphasizing good CG which is beneficial for both the organizations and the country.
ICSB is a recognized professional body established under the Chartered Secretaries Act, 2010 to develop, promote and regulate the profession of Chartered Secretaries in Bangladesh. I look forward to seeing Chartered/ Company Secretaries setting high standards of professionalism, as I believe that the Company Secretaries are the in-house advisors to the Board of Directors/ Management of the company.
For the purpose of developing well-functioning system in corporate sector, Bangladesh Securities and Exchange Commission (BSEC) has promulgated new CG Code in 2018. The role of ICSB in helping the government and the regulators in formulating and implementing corporate governance practices is appreciated. From its inception, the role of the ICSB in making corporate sector compliant is admirable.
It is good to know that ICSB is playing an effective and meaningful role to develop, promote and regulate the profession of Chartered Secretaries in Bangladesh. The profession has been contributing in the field of corporate governance practices. ICSB helps the corporate bodies achieve transparent and sound CG practices, which will ultimately help them sustain in the globalized competitive free market economy.
I would like to endorse the international demand for standard practice. Good governance is indeed a very important factor for any nation to develop, and as a nation, it is always impertinent for us that nation-wide institutions follow an accepted and appreciated way of CG. I presume that following the international norm and practice would help us socio-economically strengthen our position in the global setups.
Since its inception, ICSB has been playing a very important role in establishing good corporate governance in the country. To promote and facilitate good governance in the corporate sector ICSB has been taking various effective measures. These measures include recognition and awarding companies for their commendable contribution to governance.
ICSB initiatives shall hopefully provide required strategic inputs and add value to our corporate sectors. With a note of high appreciation, I would like to mention the ICSB's continued strive of promoting corporate governance practices since its inception. ICSB will surely encourage the stakeholders to earn performance excellence and may uphold the overall professional standard of Bangladesh in this discipline, globally.
The institute deserves to be appreciated for their contributions and endeavors in developing and promoting good governance in the corporate sector. I believe that, ICSB will work as a means of greater accountability and better control in the corporate sector in Bangladesh. It will be an excellent opportunity for professionals to share their perceptions with scholars, researchers, and other professionals from home and abroad.
I am happy to learn that since its inception ICSB has been playing a very pivotal role in establishing good corporate governance in the country. To promote and facilitate good governance in the corporate sector ICSB has been taking various effective measures. These measures include recognition and awarding companies for their enduring contribution to governance.
CSIA represents more than 90000 governance professionals on four continents, and we are proud to have ICSB as one of our global member. As the Global Voice of Governance Professionals, CSIA connects governance professionals, corporates and governments, creating a hub of knowledge and experiences by drawing on the expertise of its members for research, thought leadership and best governance practices.
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ICSB is delighted to announce the much-anticipated Annual Picnic 2024.
Join us on the 16th of February 2024, a Friday, at Dhali's Amber Nivaas.
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