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Dhaka Tribune

Berger Paints receives ICMAB Best Corporate Award for ninth time

The award ceremony was held at InterContinental Dhaka recently

Update : 04 Dec 2022, 10:20 AM

Berger Paints Bangladesh Limited (BPBL) has won the ICMAB Best Corporate Award for the ninth time. 

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) honoured BPBL with the ICMAB Best Corporate Award 2021 under the Multinational Manufacturing category, said a press release issued Sunday.

The award ceremony was held at InterContinental Dhaka recently. 

This prestigious award was handed over to Sazzad Rahim Chowdhury, Group CFO and director, Berger Paints Bangladesh Limited, by Tipu Munshi, minister of commerce, who graced the event as the chief guest. 

Top officials of Berger were also present at the ceremony.  

Md Jashim Uddin, president, FBCCI, and Prof Shibli Rubayat-Ul-Islam, chairman of Bangladesh Securities and Exchange Commission (BSEC), attended the event as special guests.  

ICMAB began distributing Best Corporate Awards to corporate institutions in Bangladesh in 2007 for remarkable performances and to promote transparency, accountability, and good governance. 

It believes that such recognition can help maintain healthy competition among corporate houses to consistently maintain sustainable improvements, ensuring better quality products and services to customers. 

Best Corporate Awards are distributed according to a range of qualitative and quantitative criteria in tandem with the guidelines of SAFA, CAPA, IFAC and internationally accepted principles for judging the economical, effective and efficient operation of the corporate houses/institutions. 

Berger previously received the award in 2020, 2019, 2018, 2017, 2015, 2013, 2012 and 2010, owing to its financial strength, quality of the annual report, corporate governance, HR management and CSR initiatives.

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