The Launching Ceremony of the Report on the Observance of Standards and Codes (ROSC): Corporate Governance Country Assessment for Bangladesh

Date: 29 May 2010

Bangladesh Enterprise Institute (BEI) organized the Launching Ceremony of the Report on the Observance of Standards and Codes (ROSC): Corporate Governance Country Assessment for Bangladesh held on May 29, 2010 from 11.00 A.M. to 1.00 P.M. at the Westin Hotel, Dhaka, Bangladesh. A team of four persons from the World Bank and the International Finance Corporation (IFC) in Washington come for the launching of the report.

Mr. A. M. A. Muhith, Honorable Finance Minister, Government of the People’s Republic of Bangladesh had kindly consented to be the Chief Guest at the Ceremony.

Dr. Atiur Rahman, Governor, Bangladesh Bank  was present as Special Guest.

Dr. A.B. Md. Mirza Azizul Islam, Former Adviser to the Caretaker Government, Ministries of Finance and Planning, Mr. Moazzem Hossain, Editor, Financial Express,  Mr. Shakil Rizvi, President, Dhaka Stock Exchange,  and Mr. Jamaluddin Ahmed, President, The Institute of Chartered Accountant of Bangladesh (ICAB) were the discussants at the Ceremony.

Mr. Farooq Sobhan, President, BEI chaired the Launching Ceremony.

The objective of the event is to share the findings and recommendations of the report which  will help to promote effective Corporate Governance practices in Bangladesh. The event will target participation from the representatives of the government and regulatory bodies, the private sector, chambers and business associations, development partners, non-government organizations (NGOs), think-tanks, academics and the media.

The report provides an assessment of Bangladesh’s Corporate Governance policy framework. It highlights recent improvements in Corporate Governance regulations, makes policy recommendations, and provides investors with a benchmark against which to measure Corporate Governance in Bangladesh. This assessment of Corporate Governance practices in Bangladesh also measures the legal and regulatory framework, as well as practices and compliance of listed firms against the OECD Principles of Corporate Governance.

For any additional information or queries, your office may contact Md. Rashedur Rahman, Senior Research Associate and Project Manager, Bangladesh Enterprise Institute (BEI) at ‘880-2-9892662-3, Ext: 118’, Mobile: +88 01712 193400 or e-mail at rashedur.rahman@bei-bd.org.

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