Infrastructure Development Company Limited (IDCOL) secured the First Position of ICMAB Best Corporate Award 2015 in the category of ‘Non-Bank Financial institutions’. Mr. Abul Maal Abdul Muhit, MP, Hon’ble Minister, Ministry of Finance, Government of the People’s Republic of Bangladesh handed over the award to Mr. Mahmood Malik, Executive Director & CEO, IDCOL and Mr. S.M. Monirul Islam, Deputy CEO, IDCOL in an award giving ceremony held at capital’s Pan Pacific Sonargaon Hotel on 26 October 2016.
The award was given based on the publicly disclosed information in the Annual Report for the FY 2014-15 as well as other performance indicators including capital adequacy, profitability, liquidity, corporate governance, market share, contribution to the national exchequer, asset quality, CSR, risk management, regulatory compliance etc. Notably, every year ICMAB Best Corporate Award is given to the best corporate houses including banks, financial institutions, telecommunication, private and public sector manufacturing companies as a recognition to their performances in the respective fields.