Day-long Workshop on Corporate Governance in Bangladesh : How to Go About Institutionally?

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In Bangladesh, the issue of corporate governance (CG) has attracted attention of the relevant stakeholders thanks to the initiatives undertaken by various organizations, among which the systematic engagement of BEI with various stakeholders has played an instrumental role in raising awareness and building capacity on CG issues. The discussions and deliberations of these initiatives led to the idea of establishing an institute to nurture the issue of CG particularly, from the perspective of capacity building of Bangladesh’s corporate sector in prompting corporate governance and thus building an ethical, vibrant progressive corporate sector in Bangladesh.

In this context, BEI has commissioned D.Net to conduct a feasibility study to understand the scope for establishing an independent institute of corporate governance in Bangladesh. BEI organized a workshop titled Corporate Governance in Bangladesh: How to go about Institutionally?

Participants during the break-out session of the workshop

On November 21, 2007 BEI organized a day-long workshop on Corporate Governance in Bangladesh: How to Go about Institutionally in its conference room.

Mr. Faruq Ahmad Siddiqi, Honourable Chairman, Securities and Exchange Commission (SEC) of Bangladesh inaugurated the workshop as the chief guest. Mr. Farooq Sobhan, President, BEI, chaired the inaugural session of the workshop.

Ms. Lopa Rahman, Project Director, BEI and Dr. Ananya Raihan, Executive Director, D.Net presented a short overview of the concept.

The objective of the workshop was to promote the idea of an independent institute of corporate governance and explore the potential modalities of its establishment with participation of relevant stakeholders. The workshop is a major component of the feasibility study commissioned by BEI and was organized to assess the need for such an institute of corporate governance, in consultation with key stakeholders and experts on corporate governance.

About 24 participants from various stakeholders, including Ministry of Finance, Ministry of Industries, Dhaka Chamber of Commerce and Industry, Women Entrepreneurs Association of Bangladesh, Institute of Chartered Accountants of Bangladesh, American Chamber of Commerce, Center for Policy Dialogue, Bata Shoe Company Ltd., Sonali Bank and other private sector companies, attended the workshop.

Ms. Sherina Tabassum, Project Director, BEI, and Mr. Iftekar Ahmed, CEO, CSR Centre, were also present at the workshop.

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