Annual Report 2018 by ICSB Bangladesh

ANNUAL REPORT

2018

Institute of Chartered Secretaries of Bangladesh A Statutory Body Under an Act of Parliament

THE FOUNDING MEMBERS OF ICSMB (NOW ICSB) F-0001

F-0007

Muzaffar Ahmed FCMA, FCS President & CEO Credit Rating Information & Services Limited

Late Md. Saiduzzaman FCA, FCS Ex Director - Finance & Accounts Independent University, Bangladesh

F-0002

F-0008

Late M. S. Alam Mia FCS Founder Secretary, ICSB

Md. Yeamin Hossain FCIS, FCS Former Director GQ Ball Pen Ind. Limited

F-0003

F-0009

A K A Muqtadir FCS CEO & Chief Consultant Al-Muqtadir Associates Chartered Secretaries & Consultants

Itrat Husain FCMA, FCS Chief Executive Itrat Husain & Associates Chartered Secretaries in Practice

F-0004

F-0010

Mohammad Sanaullah FIPM, FCS Corporate Affairs Director & Company Secretary Singer Bangladesh Limited

Sultan-ul-Abedine Molla FCS Former Member Insurance Development and Regulatory Authority (IDRA)

F-0005

F-0011

Md. Zahangir Alam FCS Vice Chairman FAS Finance & Investment Limited Managing Director Design & Source Limited

Muhammed Abul Hashem LLM, FCA, FCS Director-Finance TOMA GROUP

F-0006

F-0012

Md. Siddiqur Rahman FCS Chairman FAS Finance & Investment Limited Managing Director SIMTEX Industries Limited

Late Anwarul Afzal FCS Former Company Secretary Reneta Limited

F-0013 N. G. Chakraborty FCA, FCS Partner, Sadhan Das & Co. Chartered Accountants

ANNUAL REPORT

2018

www.icsb.edu.bd

CONTENTS

THE HONORARY FELLOW MEMBERS

PAST PRESIDENTS

THE COUNCIL 2016-2019

NOTICE OF 8TH ANNUAL GENERAL MEETING

ABOUT THE INSTITUTE

5 YEARS AT A GLANCE

REPORT OF THE COUNCIL

LIST OF THE SENIOR MEMBERS

CONTRIBUTION TOWARDS DEVELOPMENT FUND

CONTRIBUTION TOWARDS MEMBERS BENEVOLENT FUND

COUNCIL MEETING ATTENDENCE

STANDING COMMITTEES MEETING ATTENDENCE

WE MOURN

INDEPENDENT AUDITORS' REPORT

STATEMENT OF FINANCIAL POSITION

STATEMENT OF PROFIT OR LOSS & OTHER COMPREHENSIVE INCOME

STATEMENT OF CHANGES IN FUND

STATEMENT OF CASH FLOWS

NOTES TO THE FINANCIAL STATEMENTS

ANNEXURE-A

ANNEXURE-B

ANNEXURE-C

ANNEXURE-D

ANNEXURE-E

ANNEXURE-F

ANNEXURE-G

ANNEXURE-H

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 The Honorary Fellow Members H-0001

H-0002

H-0004

H-0005

Muhammad Faruk Khan MP

Dr. Hossain Zillur Rahman

Former Minister, Ministry of Commerce & Ministry of Civil Aviation and Tourisom Government of Bangladesh

Former Adviser, Ministry of Commerce Caretaker Government of Bangladesh Executive Chairman Power and Participation Research Centre (PPRC)

Barrister Shafique Ahmed

Md. Ghulam Hussain

Former Minister for Law, Justice and Parliamentary Affairs Government of Bangladesh and now Adviser to the Prime Minister on Law Justice and Parliamentary Affairs Government of Bangladesh

Former Chairman National Board of Revenue (NBR) Government of Bangladesh

Barrister Moudud Ahmed

Suhel Ahmed Choudhury

Former Minister for Law Justice and Parliamentary Affairs Government of Bangladesh

Former Secretary Ministry of Commerce Government of Bangladesh

Dr. A. B. Mirza Md. Azizul Islam Former Adviser Ministry of Finance, Planning, Post & Telecommunications Caretaker Government of Bangladesh

Institute of Chartered Secretaries of Bangladesh (ICSB)

Feroz Ahmed

H-0006

H-0007

H-0008

H-0009

Former Secretary Ministry of Commerce Government of Bangladesh

2018 Past Presidents

Muzaffar Ahmed FCMA, FCS 1997-2004

A K A Muqtadir FCS 2004-2005

Mohammad Asad Ullah FCS 2006-2007, 2008-2009, 2009-2010, 2013-2016

Mohammad Sanaullah FCS 2005-2006, 2010-2013

Itrat Husain FCMA, FCS 2007-2008

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 The Council 2016-2019

Mohammad Manzarul Mannan Joint Secretary, GoB

Councilor Dr. Mohammad Mohiuddin Joint Secretary, GoB

Councilor Md. Zakir Hossain Registrar (Additional Secretary), RJSC&F, GoB

Secretary in Charge to the Council

Md. Shamibur Rahman ACS Institute of Chartered Secretaries of Bangladesh (ICSB)

2018

NOTICE OF THE 9TH ANNUAL GENERAL MEETING Notice is hereby given that the 9th Annual General Meeting of the Institute of Chartered Secretaries of Bangladesh (ICSB) will be held on Saturday, September 28, 2019 at 11:30 AM at the Grand Ball Room, Radisson Blu Dhaka Water Garden, Airport Road, Dhaka Cantonment, Dhaka-1206 to transact the following businesses: AGENDA 1. To receive, consider and adopt the Report of the Council for the year ended December 31, 2018; 2. To receive, consider and adopt the Audited Financial Statements of the Institute for the year ended December 31, 2018 together with the Report of the Auditors thereon; 3. To appoint Auditors of the Institute for the year 2019 and to ďŹ x their remuneration; 4. To elect 4th Council of the Institute of Chartered Secretaries of Bangladesh (ICSB) pursuant to the Chartered Secretaries Act, 2010 and Chartered Secretaries Regulations, 2011. By order of the Council Dated, Dhaka August 4, 2019 Md. Shamibur Rahman ACS Secretary in Charge

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018

Institute of Chartered Secretaries of Bangladesh A Statutory Body Under an Act of Parliament

ABOUT THE INSTITUTE Institute of Chartered Secretaries of Bangladesh (ICSB) was established under an Act of Parliament i.e. Chartered Secretaries Act 2010 and it is the only recognized professional body in Bangladesh to develop, promote and regulate the profession of Chartered / Company Secretaries in Bangladesh. The Institute was initially established under a license from the Ministry of Commerce in 1997 as the Institute of Chartered Secretaries and Managers of Bangladesh (ICSMB) and subsequently was converted to Institute of Chartered Secretaries of Bangladesh (ICSB) in 2010. The affairs of the Institute of Chartered Secretaries of Bangladesh (ICSB) are managed by a Council consisting of thirteen elected members and five nominees of the Government. The President is the head of the Institute. 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 cooperate with various other functional heads in a company. Institute of Chartered Secretaries of Bangladesh (ICSB)

2018

Vision To be the institutional leader in the creation of skilled professionals for proper development of corporate management and good governance.

Mission To remain the premier body of professional studies to cultivate the profession of Chartered Secretary so as to ensure sound Corporate Governance and build up capable management professionals by continuously working for proactive professional development.

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018

Objectives, Roles and Functions 

To develop, promote and regulate the profession of Chartered Secretary in Bangladesh and confer professional degree in Chartered Secretary.



To impart requisite training and education and then to offer membership of the Institute to the deserving candidates.



To enforce strict discipline for exercising control over the conduct of Members and Students and uphold ethics.

Values       Institute of Chartered Secretaries of Bangladesh (ICSB)

Professionalism Ethics Judgement Integrity Dynamism Flexibily 9

2018

Management 

Governed and managed by its Council. All major decisions are generally taken by the Council.



The President is the head of the Institute.

Unique Selling PROPOSITION (USP)     

Qualified Chartered Secretaries Providing wide range of support services Enforcing strict ethical codes of conduct Promoting best practices in all spheres of Corporate Governance Suggesting improvements on all management and regulatory issues.

Global Linkage  10

ICSB is a full Member of the Corporate Secretaries International Association (CSIA) - Global Voice of Governance, Headquartered in Hong Kong. Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 5 years At a glance Members Admission 86 60

56 34

17 2014

2015

2016

2017

2018

Students Enrolment 351

351

2014

2015

249

270

2016

2017

229

2018

Government Grant Received (Taka in million)

18.22

22.93

20.18

10.00 5.75 2014

2015

2016

2017

2018

Income and Expenditure (Taka in million)

58.09

57.65 48.18 38.30

42.42

47.83

50.10

52.99

42.11

29.77

2014

2015

2016 Income

Institute of Chartered Secretaries of Bangladesh (ICSB)

2017

2018

Expenditure

2018 Report of the Council Dear Members, Pursuant to Regulation 8(2) of the Chartered Secretaries Regulations 2011, the 3rd Council of the Institute of Chartered Secretaries of Bangladesh (ICSB) is pleased to present the Council Report together with the Audited Financial Statements and the Auditor’s Report thereon for the year ended December 31, 2018. COUNCIL AND COMMITTEES The Council Report This Report is for the third year of the third Council which took the responsibility of the Institute on October 05, 2016. In accordance with the Chartered Secretaries Act 2010, the tenure of the present Council will expire on October 04, 2019. Detailed activities of the Institute for the year 2018 are stated below: Council Meetings and Attendance During the year under review, the Council met ﬁve times. The attendance record of the Council Meeting has been shown in ANNEXURE - I.

Commissioner, Bangladesh Securities and Exchange Commission (BSEC) and Md. Mosharraf Hossain, Registrar (Additional Secretary), Registrar of Joint Stock Companies & Firms were replaced by their respective nominating authorities. The Council acknowledged their contribution towards the development of the Institute. Pranesh Ranjan Sutradhar, Additional Secretary (IIT), Ministry of Commerce, GoB, Dr. Mohammad Mohiuddin, Joint Secretary, Legislative & Parliamentary Affairs Division, Ministry of Law, Justice and Parliamentary Affairs, GoB, Khondoker Kamaluzzaman, Commissioner, Bangladesh Securities and Exchange Commission (BSEC) and Md. Zakir Hossain, Registrar (Additional Secretary), Registrar of Joint Stock Companies & Firms joined the Council during this year in place of the aforementioned government nominated members. Key Achievements The key achievements of the year 2018 were: •

Successful holding of the ‘5th ICSB National Award for Corporate Governance Excellence 2017’ where Mr. Abul Maal A. Muhith MP Hon'ble Minister, Ministry of Finance, Government of the People's Republic of Bangladesh was present as the Chief Guest and twenty eight listed companies were awarded for Corporate Governance Excellence which will encourage corporate sectors to establish good practice.

•

Successful holding of the ‘7th National Convention 2018’ where Dr. Hossain Zillur Rahman, Hon’ble Former Adviser, Ministry of Commerce, Caretaker Government of Bangladesh graced the event as the Chief Guest and Suhel Ahmed Choudhury, Former Secretary, Ministry of Commerce was the Special Guest.

•

Successful holding of the ‘7th Convocation of ICSB 2018’ where CQK Mustaq Ahmed, Chairman, Financial Reporting Council (FRC), GoB was present at the event as Special Guest. Atiur Rahman Ph.D., Former Governor of Bangladesh Bank delivered the Convocation Speech.

•

Professional Development Sub-Committee conducted four Continuing Professional Development (CPD) Seminars for the development of the Members.

Meetings of the Standing Committees and other Sub-Committees A good number of Meetings of the Standing Committees and other Sub-Committees were held during the period for discharging their activities. The number of Meetings held by the Standing Committees have been shown in ANNEXURE - II. New Office Bearer Mohammad Bul Hassan FCS resigned from the position of Senior Vice President of the Institute. However, he continued as Council Member. The Council accordingly elected Saﬁar Rahman FCS as new Senior Vice President on September 22, 2018. Council Members gratefully acknowledged his valuable contributions and services to the Council during his tenure as the Senior Vice President. Changes in the Council Munshi Shaﬁul Haque, Additional Secretary, Ministry of Commerce, GoB, Nasreen Begum, Additional Secretary (Drafting), Ministry of Law, Justice & Parliamentary Affairs, GoB, Prof. Md. Helal Uddin Nizami,

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 •

Executive Committee conducted four Training Programmes and one Workshop during the year under review.

•

Fifty six new Members were inducted as Associates and sixteen Associate Members were elevated as Fellow Members.

•

Successfully conducted scheduled coaching classes and examinations.

•

Developed ICSB Secretariat with ﬁve new personnel to meet the Institute’s requirement.

•

Promoted cultural interactions through organizing events like Celebration of the National Mourning Day, National Independence Day, International Mother Language Day, National Victory Day, Pohela Boishakh, Children’s Art Competition, Annual Picnic, and Iftar Mahﬁl.

•

Created awareness among the Corporate Leaders of the country about the profession of Chartered Secretary through meeting with the Hon’ble Commerce Minister, Hon’ble Finance Minister, Hon’ble Law Minister, Chairman and Commissioner of Bangladesh Securities and Exchange Commission (BSEC), Chairman, Financial Reporting Council (FRC), Former Governor of Bangladesh Bank, Commerce Secretary, Finance Secretary, Chairman and Members of National Board of Revenue (NBR), Chairman and Members of Insurance Development and Regulatory Authority (IDRA) and Registrar of Joint Stock Companies and Firms (RJSC).

•

NEWLY

periodic

Handed over financial assistance of BDT 2,00,000 (Two Lac) to the successors of Late Md. Rafiqul Islam FCS (F-0028) and Late Md. Safir Uddin ACS (A-0009) from the ICSB Benevolent Fund.

ENROLLMENT OF STUDENTS In 41st Batch of Winter Session 2018 (January-June) a total of 127 students were enrolled and in 42nd Batch of Summer Session 2018 (July-December) it was 103. The total number of students of the Institute registered in the year 2018 was 230. Council had taken some initiative for increasing enrollment of the students. Business faculties of renowned Public and Private Universities were informed about the Institute and different career counseling seminars were organized on “Chartered Secretary profession and its bright future” Besides, all the Members were cordially requested to be proactive from their own positions for promoting of ICSB branding. Institute of Chartered Secretaries of Bangladesh (ICSB)

ORIENTATION PROGRAMME OF THE ENROLLED STUDENTS OF CS COURSE

The Orientation Programmes for the 41st and the 42nd batches of Chartered Secretary students of ICSB were arranged at the Campus of the Institute on February 16, 2018, and August 11, 2018, respectively. Mohammad Sanaullah FCS inaugurated both the programmes and welcomed the new students. Saﬁar Rahman FCS, Chairman, Education Committee, delivered the address of welcome. Mohammad Bul Hassan FCS, Senior Vice President and Md. Selim Reza FCS, Vice President, also spoke on the occasion while Nazmul Karim FCS, Treasurer of ICSB offered a vote of thanks. COACHING CLASSES The ICSB Coaching classes are an important part of professional learning. In 2018 both the day and evening shifts were in operation, same as the previous year. The coaching classes were conducted at the Institute’s premises covering all ﬁve levels of the prescribed courses. Corporate Secretaries International Association (CSIA) sent Educational Toolkits to ICSB so that we can modernize our teaching method and can produce highly capable professionals who can cope up with all stumbling blocks associated with Corporate Management. ICSB faculties consists of the senior members of the Institute as well as professionals and members of the relevant disciplines and cadres.

2018 MANAGEMENT DEVELOPMENT PROGRAMME Under the management development programme, the Executive Committee of the Institute conducted the following training programmes to develop the technical skills needed to perform jobs efﬁciently and smoothly for corporate personnel during 2018. Management of Company Meetings

A day-long Professional Training Programme on “Management of Company Meetings” was held on May 12, 2018, at the Training Room of the Institute. A good number of participants from different professions from different organizations participated. Some important topics were covered in the training session such as Essentials of Company Meetings, Procedure for Conducting Board/ Committee Meetings, Procedure for Conducting General Meetings including Statutory Meetings, AGM & EGM, Minutes & Resolution and, Reports & Return.

July 28, 2018, at the Training Room of the Institute. Topics were Finance Act 2018 (VAT Portion) and VAT Registration, Imposition of VAT, VAT Calculation, Collection & Return Preparation, VAT Accounting system, VAT Deduction at Source (VDS), VAT Audit and investigation, VAT Authority, Power and Litigation Management (Irregularities and Non-Compliance), Litigation Management (Offence, Penalty, Trail) and Appeal, Alternative Dispute Resolution (ADR), Withholding VAT and VAT Agents & VAT Consultants as well as Customs Classiﬁcation and Duty Structure & Procedure were covered. Tax Management

Internal Audit & Control Environment

A four days Professional Training Program on “Internal Audit & Control Environment” was held from May 13 to 16, 2018 at the Training Room of the Institute. The importance of the activities of the Internal Auditor were widely covered. A good number of participants participated in the training program. Customs & VAT Management A four days Professional Training Programme on “Customs & VAT Management” was held from July 24 to

A four days Professional Training Programme on “Tax Management” was held from July 29 to August 01, 2018 at the Training Room of the Institute. A panel of Tax high ofﬁcials conducted the program. Most of the important topics were covered in the training session such as Finance Act 2018 and its Impact, Salary Tax & Wealth Statement Analysis, Assessment Procedure, Corporate Tax Computation, Tax Deduction at Source & Payment of Advance Tax, Filling of Tax Return, Appeal & Revision Procedure and Corporate Tax Planning. WORKSHOP Workshop on “Investors Protection Corporate Governance Code -2018”

through

On the occasion of “World Investors Week 2018” ICSB organized a workshop on “Investors Protection through Corporate Governance Code - 2018” on October 20, Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 challenges in the Corporate Bangladesh. Newly QCS were also given guidelines for their Internship Programme.

2018 at BIAM Auditorium Dhaka. Prof. Helal Uddin Nizami, Commissioner, Bangladesh Securities Exchange Commission (BSEC) graced the occasion as the Chief Guest, while M. Hasan Mahmud, Executive Director, BSEC presented the keynote paper. Mohammad Sanaullah FCS President of the Institute Chaired the Workshop. The designated discussant of the keynote paper was Md. Abul Kalam, Director, BSEC. M. Hasan Mahmud, keynote paper presenter, focused on the importance of investors’ protection, qualiﬁcation of Independent Director, additional statements of disclosures in the Director’s report, Code of Conduct for the Chairperson, Board Members and CEO, Governance of Subsidiary Company, Audit Committee Role, Role of Nomination and Remuneration Committee, External or Statutory Auditors, Maintaining Company Website and Disclosure and Compliance Requirements. Md. Abul Kalam, ofﬁcial discussant elaborately discussed on the keynote paper and replied questions raised by the members of the Institute.

Internship guideline programme for the Qualified Chartered Secretaries (QCS) of January-June 2018 Session was held on September 26, 2018 at ICSB Campus. President of the Institute was present at the internship guideline programme and urged them to undergo the internship with sincerity and the highest level of dedication. Chairman, Education Committee Safiar Rahman FCS exchanged his valuable experiences. Among others Md. Selim Reza FCS, Vice President, Salim Ahmed FCS, Council Member and Mohammad Bul Hasan FCS, Immediate Past Sr. Vice President, ICSB were also present. QCS Internship Report Presentation Programme Qualified Chartered Secretaries (QCS) Internship Report Presentation Programme was held at ICSB Campus, on Saturday, September 08, 2018. Mohammad Sanaullah FCS President, Md. Selim Reza FCS, Vice President, Gopal Chandra Debnath FCS, Council Member, Salim Ahmed FCS, Council Member were also present at the program to evaluate the reports. A total of twenty one (21) QCS presented their Internship Reports. This internship programme enables QCS to gain first-hand exposure to working in the real corporate world. The President spoke on ‘Internship Report’ for the benefits of the students. The council Members observed

MEMBERS’ AFFAIRS Meeting with Secretaries

the

Newly

Qualified

Chartered

Mohammad Sanaullah FCS, President of the Institute along with Md. Selim Reza FCS, Vice President, Nazmul Karim FCS, Treasurer, and Salim Ahmed FCS, Council Member of the Institute met the newly Qualiﬁed Chartered Secretaries (QCS) of the Institute on March 24, 2018. The President congratulated the QCS and advised them for preparing themselves for taking up new

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 everyone’s presentation and provided their valuable feedback accordingly. MEMBERSHIP The Institute admitted 56 Members as Associate Member and elevated 16 Members as Fellow Members during the year under review, raising the total Membership to 511 as on December 31, 2018 consisting of 198 Fellows and 313 Associates. Most of the Members are in employment in corporate sectors, especially multinational, national and listed companies of the country. During the year under review, 45 students qualiﬁed as Chartered Secretaries and their applications for Membership are under process. Summary of ICSB Membership status is given below: Year

Associate

Fellow

Total

2014

193

143

336

2015

184

157

341

2016

260

167

427

2017

275

184

459

2018

313

198

511

8TH ANNUAL GENERAL MEETING OF ICSB The 8th Annual General Meeting (AGM) of ICSB was held at Hotel Purbani International, Dhaka, on July 25, 2018.

Mohammad Sanaullah FCS, President of the Institute chaired the meeting. A large number of members attended the meeting and took part in the discussions on the different issues. They also raised question and gave their valuable suggestions for the development of the Institute. The President and the Treasurer replied to the queries. After discussion, Audited Financial Statements for the year ended December 31, 2017 were approved. M/s. A Qasem & Co. (E&Y) Chartered Accountants were appointed as Auditors of the Institute for the year 2018. CONTINUING PROFESSIONAL (CPD) SEMINAR

DEVELOPMENT

CPD Seminar on ‘Bangladesh Secretarial Standards Issued by ICSB’

Professional Development Sub-Committee of the Institute organized a Continuing Professional Development (CPD) Seminar on ‘Bangladesh Secretarial Standards Issued by ICSB’ on March 16, 2018 at Hotel Purbani International, Dhaka. Shubhashish Bose, Secretary, Ministry of Commerce, Government of the People’s Republic of Bangladesh attended the programme as the Chief Guest. He mentioned that the present government has taken a lot of initiatives to attract foreign direct investments (FDI) in Bangladesh and establish good corporate culture in the country. He also expressed his view that Professional Institute’s like ICSB should come forward and share their knowledge regarding the development process of the Country. He assured that the recommendations made by ICSB members in this programme for incorporation of the provisions of Secretarial Standards 1, 2, 3 and 4 in the Companies Act will be taken into consideration, so that the corporate sector of the country can be developed and the nation will be beneﬁtted as a whole. Dr. Swapan Kumar Bala, Commissioner, Bangladesh Securities and Exchange Commission (BSEC) attended the programme as the Special Guest. He said that Bangladesh is on the path of rapid development and already graduated from Least Developing Country status. ICSB is a professional Institute which can work

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 with BSEC to establish good governance in the corporate sector of Bangladesh. He appreciated the role of Chartered Secretaries in companies for compliance with the rules and regulations imposed by regulatory authorities from time to time. BSEC will do everything possible for the development of ICSB profession. Mohammad Sanaullah FCS, President of ICSB, in his address spoke about the Institute. The Council of the Institute of Chartered Secretaries of Bangladesh (ICSB) established a Secretarial Standard Board (SSB) to develop and release Secretarial Standards on Corporate Management in the year 2012. Secretarial Standards (SS) on (I) Board Meeting (II) General Meeting (III) Minutes and (IV) Payment of Dividend. Mohammad Asad Ullah FCS, Immediate past President and Chairman, Professional Development Sub Committee presided over the CPD program. He stressed the importance to enforce the Secretarial Standards (BSS-1: Board Meeting, BSS-2:General Meeting, BSS-3:Minutes and BSS-4:Payment of Dividend) for integration, harmonization and standardization of diverse secretarial practices prevailing in the country and requested the Chief Guest and Special Guest to incorporate the provisions in the new draft Companies Act and revised Corporate Governance Guidelines initiated by Ministry of Commerce and Bangladesh Securities and Exchange Commission (BSEC) respectively. He requested the BSEC to incorporate a mandatory clause in the revised Corporate Governance Guidelines for appointment of Chartered Secretary in every listed company as Company Secretary who would contribute to economic development as well as to achieve SDGs within 2030 in Bangladesh. Two Keynote Papers were presented in the CPD Seminar by Md. Azizur Rahman FCS, Council Member of ICSB on Secretarial Standards 1 and 2 by M. Naseemul Hye FCS, former Senior Vice President of ICSB on Secretarial Standards 3 and 4. Ofﬁcial discussants of the session were Prof. Dr. Feroz Iqbal Faruqe FCS, former Senior Vice President of the Institute and Saﬁar Rahman FCS Council Member of the Institute. They gave valuable inputs in their discussions. A large number of Members of ICSB as well as the participants from the Corporate Sector of the country were attend the program. CPD Seminar on ‘Finance Act 2018 vis-à-vis National Budget 2018-2019’ The Professional Development Sub-Committee of the Institute organized a CPD Seminar on ‘Finance Act 2018 vis-à-vis National Budget 2018-2019’ on August 4, 2018 at Dhaka Club, Dhaka. Md. Mosharraf Hossain Bhuiyan ndc, Senior Secretary, Internal Resources Division & Institute of Chartered Secretaries of Bangladesh (ICSB)

Chairman National Board of Revenue (NBR) graced the occasion as the Chief Guest while Kanon Kumar Roy, Member (Tax Policy), National Board of Revenue, graced the occasion as Special Guest. The Keynote Paper was presented by Sadhan Chandra Das FCS, Partner, Sadhan Das & Co. Chartered Accountants. Prof. Dr. Feroz Iqbal Faruque FCS and Md. Azizur Rahman FCS were the ofﬁcial discussant. Sadhan Chandra Das, FCS the Keynote paper presenter focused on Finance Act 2018 and Amendments in Income Tax Ordinance, 1984. The ceremony started with the recitation from the Holy Quran. After this, a one-minute silence was observed in memory of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and his family members. Mohammad Asad Ullah FCS, Immediate Past President and Chairman, Professional Development SubCommittee, Council Member of ICSB Chaired the CPD program. He referred to section 174 of the Income Tax Ordinance, 1984 and Rule 37 of the Income Tax Rules 1984 which provides the eligibility of Chartered Secretaries as Income Tax Practitioner (ITP). He sincerely expected that the Chairman and Members of National Board of Revenue will take necessary steps to include ICSB Members as ITP and Mushak Agent in the Income Tax Ordinance and VAT law by issuing necessary SRO(s). The Chief Guest said that domestic resource mobilization is highly important as some mega projects are now being implemented from the government’s own funds.

2018 Members of ICSB have been playing an important role in revenue collection by carrying out the responsibilities of important positions in different institutions in the corporate arena. About the demand of serving as Income Tax Practitioner of ICSB Members, the NBR Chairman assured that he will take necessary steps to amend the Income Tax Ordinance in the next budget session. CPD Seminar of ICSB on ‘Intellectual Property Rights in Bangladesh’

The Professional Development Sub-Committee of ICSB organized a Continuing Professional Development (CPD) Seminar on ‘Intellectual Property Rights in Bangladesh’ on October 6, 2018. Mohammad Sanaullah FCS, President of ICSB, in his address pointed out that businesses are now competing with each other on the grounds of IPRs, not only physical goods. Bangladesh Government has declared in 2010 a long term vision, Vision 2021, which aims to achieve a prosperous Bangladesh by the 50th anniversary of the independence of the country and to transform it into a knowledge-driven economy. Without proper protection of IPRs in Bangladesh, it won’t be possible to attain the development goals the country has set for itself. Mohammad Asad Ullah FCS, Immediate Past President and Chairman, Professional Development SubCommittee of ICSB presided over the CPD program. In his welcome address he stated that the present market economy is driven by physical resources, innovation and knowledge as well. For ensuring an innovative society based on creative ideas, adequate protection of IPR is essential. He further elaborated that since the Members of ICSB are professionally ﬁt and competent both ICSB and Department of Patent, Designs and Trademarks may choose to jointly explore the avenues for cooperation for mutual beneﬁts. To materialize the joint cooperation approach, necessary amendments should be made to the Trade Mark Act and Rules, so that the Chartered Secretary professionals could make a better contribution to the national economy.

Guest. He emphasized on the challenges that need to be addressed to strengthen Bangladesh's IP and legal framework. Bangladesh is yet to protect IP adequately as legal framework is still incomplete, but currently amendment process is going on. In particular, there is an urgent need for basic capacity building. Awareness on IPRs among most institutions, businesses, researchers and the public is limited. Consequently, the enforcement of IPRs remains weak. The protection of IPR encourages innovation, contributes to a sound business environment and increases Bangladesh's ability to attract foreign investment, know-how and modern technology. Md. Sanwar Hossain, Registrar (Additional Secretary), Department of Patent, Design and Trademarks (DPDT), Ministry of Industries attended the programme as Special Guest. He presented the Key Note Paper on the ‘Regulations Relating to IPRs and functions of DPDT’ and Md. Azizur Rahman FCS, Council Member of ICSB and Director General, Intellectual Property Association of Bangladesh (IPAB) presented another Paper on ‘IPRs business/economic impact’ and addressed the issues in the CPD programme on ‘Intellectual Property Rights in Bangladesh’. These papers would facilitate the Members of ICSB for further improvement of the Company Secretarial practices in their respective job ﬁeld. CPD Seminar of ICSB on ‘Bangladesh Trade and Tariff Commission and its Role in the Economic Development of Bangladesh’ The Professional Development Sub-Committee of the Institute organized a CPD Seminar on ‘Bangladesh Trade and Tariff Commission and its Role in the Economic Development of Bangladesh’ on December 15, 2018 at Dhaka Club. Zahiruddin Ahmed ndc, Hon’ble Secretary and Chairman, Bangladesh Trade and Tariff Commission, GoB graced the occasion as the Chief Guest while Dr. Mostafa Abid Khan, Member, Bangladesh Trade and Tariff Commission, GoB was present as Special Guest. He also presented a Keynote Paper on the ‘Bangladesh Trade and Tariff Commission and its Role in the Economic Development of Bangladesh’. Prof. Dr. Feroz Iqbal Faruque FCS, Former Senior Vice President, ICSB and

Md. Abdul Halim, Secretary in Charge, Ministry of Industries, GoB attended the Seminar as the Chief

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018

President & CEO of Trans World Resource Inc. was the Official Discussant of the Keynote Paper. Mohammad Asad Ullah FCS, Immediate Past President and, Chairman, Professional Development SubCommittee of ICSB presided over the CPD Seminar, delivered the address of welcome. Mohammad Asad Ullah FCS mentioned that the activities of BTTC and its crucial role in the economic development of the country is very important. This knowledge will help to educate ICSB Members in their diversified practical fields and to foster trade and economic development and thus help Bangladesh to achieve SDGs. The BTTC perspective could be ideally supportive of their professional development and also work as a facilitator to government revenue earnings in terms of their respective organizations. He also summed up the session. Zahiruddin Ahmed ndc appreciated the role of the Chartered Secretaries for their hard work to ensure good governance in the corporate sector and playing a vital role in the economic development of the country. He mentioned that BTTC performing an active role in the implementation of various trade related policy of the government. He emphasized that ICSB has been working for establishing good governance in the corporate sector and BTTC performing an active role in the implementation of various trade related policy of the government; BTTC is interested to share knowledge with ICSB and interested to sign a MoU. A large number of Members of the Institute and Executives from leading corporate houses of Bangladesh also attended the programme. ICSB Career Counselling Seminar at BRAC University Institute of Chartered Secretaries of Bangladesh (ICSB) organized a career counseling seminar on ‘Chartered Secretary as a Challenging Profession in the Corporate World’ for the BBA students of BRAC University at their University premises on November 26, 2018, in collaboration with the BRAC Business School Mohammad Sanaullah FCS, President of ICSB welcomed Institute of Chartered Secretaries of Bangladesh (ICSB)

the students of BRAC University for participating in the session and discussed the necessity of professional degrees in addition to academic degrees for accelerating career success. He also highlighted the prospects of the Chartered Secretary profession in our country and abroad. CS course curriculum, classes, and examination system and membership process were discussed brieﬂy. Iftekhar Ghani Chowdhury Ph.D., Professor and, Dean of BRAC Business School, BRAC University chaired the programme. He thanked President of ICSB for taking such initiative to orient a challenging and rewarding profession to the students. He also discussed the necessity of good corporate governance in Bangladesh and appreciated ICSB’s contribution toward establishing governance in the corporate sector of Bangladesh. A good number of students and faculty members were present in the programme and participated spontaneously during the question and answer session. FINANCE AND ACCOUNTS The main source of the funds of the Institute is the subscription from the Members, Government Grants, admission and examination fees from students, training proceeds and advertisements in the Journal. After strong persuasion during the year under review the GoB has increased its funding to a good extent. The Budget allocation from the Ministry of Commerce (MoC), GoB was raised from BDT 20.87 million to BDT 25.00 million

2018 for the ﬁnancial year 2018-2019, i.e. an increase of 19.8%. During the year 2018, the overall ﬁnancial position of the Institute was good except the term loan of total amount of BDT 80.00 million taken from Dutch Bangla Bank Limited to purchase the Aftab Nagar land. The total income of the said year amounted to BDT 58.09 million as against BDT 57.65 million earned during the preceding year. On the expenditure side, the current year’s outlays amounted to BDT 52.99 million as against BDT 50.10 million during the previous year. During the year 2018, there was an excess of income over expenditure to the tune of BDT 5.10 million compared to BDT 7.56 million in the preceding year. Income and Expenditure at a Glance: Government Grants: (figure in Million Taka) 2018

2017

Total Increase

25.00

20.87

4.13

Total Income: (in Million) 2018

2017

Total Increase

58.09

57.65

0.44

Total Expenditure: (in Million) 2018

2017

Total Increase

52.99

50.10

2.89

considering its merits. Hazera Begum also lodged several other cases in the Lower Courts. Verdicts in those cases were given in favor of ICSB. AUDITOR The existing Auditors M/s. A. Qasem & Co. Chartered Accountants (An affiliated firm of Ernst & Young Global Limited), who were appointed as Auditors of the Institute in the 8th Annual General Meeting of the Company has carried out the audit for the year ended December 31, 2018. They have expressed their willingness to continue as Auditors for the year 2019. M/s. A. Qasem & Co. Chartered Accountants, the Auditors of the Institute retire in the AGM. The Council recommended to appoint A. Qasem & Co., Chartered Accountants (A member firm of Ernst & Young Global Limited) as the Auditors of the Institute for the year 2019 at a fee of BDT 1,15,000/- plus VAT. 7TH NATIONAL CONVENTION OF ICSB 7th National Convention 2018 of ICSB was held on November 10, 2018, on the theme ‘Chartered Secretaries: Effective Utilization of Professional Expertise through Legislations’. Dr. Hossain Zillur Rahman, Hon’ble Former Adviser, Ministry of Commerce, Caretaker Government of Bangladesh graced the program as the Chief Guest. Suhel Ahmed Choudhury, Former Secretary, Ministry of Commerce was the Special Guest.

Dutch-Bangla Bank Term Loan (As on December 31, 2018): Principal Principal Paid Interest Paid Outstanding (BDT) (BDT) (BDT) 80,000,000 73,88,698 3,07,91,405 7,15,76,840 Term Loan (BDT)

Land at Aftabnagar ICSB purchased 10 katha land from Mohammad Abul Hashem (5 Khata) and Hazera Begum (5 khata) plot no. B/16 and B/18, Eastern Housing, Aftab Nagar, Badda, Dhaka in 2014 at a cost of BDT 123,085,912 out of which BDT 80,000,000 was paid by obtaining loan from Dutch-Bangla Bank Limited and BDT 43,085,912 was paid from the own fund of the Institute. Hazera Begum lodged a case in the District Judge Court, Dhaka to cancel the deed of registration of 5 katha land. The case is now in advance stage of Further Preemptory Hearing (FPH) and we are expecting to win the case

The Convention was divided into three sessions: 1. Inaugural Session 2. First Technical Session and 3. Second Technical Session Inaugural Session Dr. Hossain Zillur Rahman inaugurated the programme as the Chief Guest. In his speech, he mentioned ICSB has chosen a signiﬁcant and worthwhile theme for their 7th National Convention. The Government, realizing the Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 imperative need and necessity for the growth and promotion of the profession of Chartered Secretaries, has promulgated the Chartered Secretaries Act 2010. He hoped that the Institute of Chartered Secretaries of Bangladesh (ICSB) would work for further improvement of corporate management and good governance in Bangladesh. Achieving SDGs without proper development of Commerce and Industry is very difﬁcult. They are the backbone of every economy. The Hon’ble Chief Guest again hoped that we would be able to achieve SDGs by establishing governance and Chartered Secretaries would be important actors to achieve this goal. Special Guest Suhel Ahmed Choudhury congratulated ICSB Members for organizing such an important event. He wished all success for the upcoming steps of ICSB. He said that ICSB, the newly enacted statutory body was doing well and he believes that ICSB would play a signiﬁcant role on the development of the corporate sector of Bangladesh.

Mohammad Sanaullah FCS, President of the Institute Chaired the session. The theme abstract of the Convention was presented by Mohammad Bul Hassan FCS, Former Senior Vice President and Council Member of ICSB. The Souvenir of the Convention was released by Itrat Husain FCS, Past President and Council Member, ICSB. Concluding remarks were delivered by Md. Selim Reza FCS, Vice President, ICSB. The Convention was attended by a large number of Members, Corporate Professionals and other dignitaries from all over Bangladesh. The inaugural session was followed by two important technical sessions. Technical Sessions The 7th National Convention was divided into two technical sessions with two important sub-themes: ‘Empowering the Chartered Secretaries Profession through Legislations’ and ‘Empowerment of Chartered Secretaries to Ensure Good Governance’. First Technical Session Mohammad Sanaullah FCS, President of the Institute presented the keynote paper of the ﬁrst technical session Institute of Chartered Secretaries of Bangladesh (ICSB)

‘Empowering the Chartered Secretaries Profession through Legislations’. Suhel Ahmed Choudhury, Former Secretary, Ministry of Commerce, Government of the People’s Republic of Bangladesh graced the first technical session as the Chairperson while Mohammad Bul Hassan FCS, Council Member of ICSB and CFO & Company Secretary, Siemens Bangladesh Limited and Hossain Sadat FCS, Former Council Member of ICSB and Director and Head of Regulatory Affairs, Grameenphone Limited were the Official Discussants. Second Technical Session Md. Shahid Farooqui FCS, Former Sr. Vice President and Council Member of ICSB and Executive Director and Company Secretary of the Ibn Sina Pharmaceutical Industry Limited presented the Keynote Paper of the Second Technical Session: ‘Empowerment of Chartered Secretaries to Ensure Good Governance’. CQK Mustaq Ahmed, Chairman, Financial Reporting Council (FRC), GoB graced the Second Technical Session as the Session Chairperson while N. G. Chakraborty FCS, Former Vice President of ICSB & Partner of Sadhan Das & Co., Chartered Accountants and Md. Anwar Hossain Chowdhury FCS, Council Member of ICSB and Country Head of Bangladesh IPE Global Limited were the official discussants.

7TH CONVOCATION OF ICSB The 7th Convocation of ICSB was held on November 10, 2018 at the Radisson Blu Dhaka Water Garden in Dhaka. Atiur Rahman Ph.D., Former Governor of Bangladesh Bank delivered the Convocation Speech. He said that the day was an opportunity for newly qualified Chartered Secretaries to reflect both on the past and future. This event may well signal a very significant change of direction in their lives. He also said that professional education was a tool that enriched the minds of the students with the skills necessary to compete and succeed in a challenging world and also with the knowledge to maintain peace and justice in the society. He urged the newly qualified Chartered Secretaries to be the best ambassadors of the Institute in the professional field in the country and abroad.

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CQK Mustaq Ahmed, Chairman, Financial Reporting Council (FRC), Government of the Peoples’ Republic of Bangladesh was present in the programme as Special Guest. He advised newly qualified Chartered Secretaries to become model for their successors and be the ambassadors of the Institute in their respective professional career in the country and abroad. He also said that it is their supreme responsibility to continue to work to transform Bangladesh into a developed nation as envisioned by the Honorable Prime Minister within 2041. He also advised the newly chartered secretaries to remain confident in meeting uncertainties and challenges and face those with a positive attitude. The programme was chaired by Mohammad Sanaullah FCS, President of the Institute. In his speech, he said that Convocation was a special day for newly qualified Chartered Secretaries. He expressed his deepest appreciation to the faculty members, patrons, guardians and students for attending the convocation. He also said that attaining the ICSB qualification did not end the learning process. In fact, it started a new phase where learning increased in intensity, depth and scope. The knowledge, skill and integrity would be tested and examined, no longer in the examination hall and classrooms, but in the highly competitive and challenging work environment. Safiar Rahman FCS, Senior Vice President and Chairman Education & Covocation Committee of ICSB introduced 91 newly Qualified Chartered Secretaries one by one and the Special Guest CQK Mustaq Ahmed handed over the certificates to them. Itrat Husain FCS, Past President and

Council Member of ICSB released the Convocation Profile while Nazmul Karim FCS, Treasurer of ICSB, summed up the Convocation through his closing speech. 5TH ICSB NATIONAL AWARD FOR CORPORATE GOVERNANCE EXCELLENCE 2017 5th ICSB National Award for Corporate Governance Excellence 2017 was held on November 10, 2018 at Grand Ball Room, Radisson Blu Dhaka Water Garden where twenty eight (28) companies were rewarded for good Corporate Governance based on Bangladesh Securities and Exchange Commission (BSEC) guidelines and evaluation criteria set by the Institute along with transparency and accountability in the overall management of the company during the year 2017 as reflected in the Annual Reports. The objectives of this award is to encourage and promote governing excellence in the corporate sector through competition, to motivate organizations and their leaders to make further improvements in governance excellence, to facilitate corporate houses to be competitive in the global arena and earn a sharp edge over others, to recognize corporate leadership quality for the year under review and to implement corporate governance norms in true letter and spirit. Finance Minister Mr. Abul Maal A. Muhith MP graced the occasion as the Chief Guest and presented the Awards and Certificates to winning companies in eleven categories covering all listed companies under DSE & CSE. The award distribution ceremony was also addressed by Prof. Dr. M. Khairul Hossain, Hon’ble Institute of Chartered Secretaries of Bangladesh (ICSB)

2018

Chairman, Bangladesh Securities and Exchange Commission (BSEC), as the special guest and, Dr. A.B. Mirza Md. Azizul Islam, Former Finance Advisor to the Caretaker Government of Bangladesh, Chairman of the Jury Board for the 5th ICSB National Award for Corporate Governance Excellence 2017. Mohammad Sanaullah FCS, President of the Institute chaired the Award giving Program. Category Banking Companies

Gold Eastern Bank Limited

Non-Banking Financial Institutions

IDLC Finance Limited

Insurance Companies

Green Delta Insurance Company Limited

Pharmaceutical and Chemicals Companies Textiles and RMG Companies Food and Allied Companies IT and Telecom Companies Engineering Companies Manufacturing Companies Fuel and Power Companies Services Companies

ACME Laboratory Limited Matin Spinning Mills Limited Golden Harvest Agro Industries Limited Bangladesh Submarine Cable Company Limited Singer Bangladesh Limited British American Tobacco Bangladesh Company Limited Summit Power Limited Eastern Housing Limited

Institute of Chartered Secretaries of Bangladesh (ICSB)

The Achievers were as follows: Speaking at the event, the Finance Minister said that “more efﬁciency and transparency is very important in today’s business world”. He applauded the role of ICSB for developing professional skills in the corporate sector. While extending heartiest congratulations to all award recipients, the Finance Minister emphasized the present government’s commitment to ensuring good governance

Silver Southeast Bank Limited Delta BRAC Housing Finance Corporation Limited Prime Insurance Company Limited The Ibn Sina Pharmaceutical Industry Limited Paramount Textile Limited Olympic Industries

Bronze Prime Bank Limited Union Capital Limited Phoenix Insurance Company Limited Regent Textile Mills Limited Gemini Sea Food Limited

Grameenphone Limited

BBS Cables Limited

BSRM Steel Limited

RAK Ceramics Bangladesh Ltd.

Premier Cement Mills Limited

Unique Hotel & Resort Limited

2018 and corporate culture in the listed companies of Bangladesh. Speaking as a Special Guest at the event, Chairman of Bangladesh Securities and Exchange Commission (BSEC) Prof. Dr. M. Khairul Hossain said that Corporate Governance is a major determinant for stability and development of the capital market. He also mentioned that this year BSEC converted the Corporate Governance Guideline into the Corporate Governance Code, under which Chartered Secretaries will play a much bigger role in ensuring excellence in Corporate Governance. Dr. A.B. Mirza Md. Azizul Islam, the Former Finance Advisor to the Caretaker Government of Bangladesh and Chairman of the Jury Board of the award, urged interested ﬁrms to improve their efﬁciency and governance. MEETING WITH GOVERNMENT, REGULATORY BODIES AND OTHER ORGANIZATIONS Meeting with Honorable Finance Minister, GoB

A delegation of ICSB led by its President Mohammad Sanaullah FCS met Mr. Abul Maal A. Muhith MP, Honorable Minister, Ministry of Finance, GoB at his ofﬁce on February 25, 2018. The President briefed the Finance Minister on various ongoing activities of the Institute and thanked him for his generous support and cooperation to the Institute. He also requested the honorable Minister to include Chartered Secretary professionals as Income Tax Practitioner (ITP and Mushuk Agent) similar to Chartered Accountants and Cost & Management Accountants under the Income Tax Ordinance 1984. Honorable Minister took it very positively and assured that he would take necessary action in this regard. Mohammad Bul Hassan FCS, Vice President, Md. Selim Reza FCS, Vice President, Nazmul Karim FCS, Treasurer and ofﬁcials of the Institute were present during the meeting. Meeting with Senior Secretary, Ministry of Commerce and Commissioner of BSEC, GoB A delegation of ICSB, led by its Chairman Professional Development Sub Committee Mohammad Asad Ullah

FCS called on Shubhashish Bose, Hon’ble Senior Secretary, Ministry of Commerce at the Bangladesh Secretariat on March 5, 2018. The Chairman invited to Subhashish Bose to attend the CPD Seminar on “Bangladesh Secretarial Standards Issued by ICSB” as Chief Guest who gave consent to attend the Seminar as Chief Guest. The delegate also met with Dr. Swapan Kumar Bala, Commissioner, Bangladesh Securties and Exchange Commission to invite him to attend the aforesaid CPD Seminar as Special Guest, Dr. Bala accepted the invitation with much appreciation to attend the program. Meeting with Chairman, National Board of Revenue (NBR) A delegation of ICSB, led by its President Mohammad Sanaullah FCS called on Md. Mosharaf Hossain Bhuiyan, ndc, Senior Secretary, Internal Resources Division (IRD) and Chairman, National Board of Revenue at his ofﬁce on March 14, 2018. The President briefed the Chairman on various ongoing activities of the Institute and thanked him for his support and cooperation extended to the Institute. On behalf of all ICSB Members, he requested the Chairman, NBR to allow Chartered Secretary professionals to become Income Tax Practitioners and VAT Agent like Chartered Accountants and Cost & Management Accountants under the Income Tax Ordinance 1984. The Chairman, NBR took this request very positively and assured his cooperation for the development of the Profession of Chartered Secretary. Among others Md. Selim Reza FCS, Vice President, Nazmul Karim FCS, Treasurer and ofﬁcials of ICSB were also present during the meeting.

Pre-budget Meeting with Chairman, National Board of Revenue (NBR) A delegation of ICSB, led by its Vice President Md. Selim Reza FCS participated in a pre-budget meeting at the Conference Room of NBR Bhaban on April 9, 2018. ICSB members shared their proposal and views on National Budget 2018-19. The delegation also included Kazi Md. Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Mosharraf Hossain Bhuiyan, ndc, Chairman, National Board of Revenue (NBR) at his Ofﬁce, Segunbagicha, Dhaka on May 20, 2018.

Shamsul Alam, Secretary and Md. Shamibur Rahaman ACS, Director (A&F) of the Institute. Meeting with the Chairman, Bangladesh Securities and Exchange Commission (BSEC)

A delegation of ICSB led by its President Mohammad Sanaullah FCS called on Dr. M. Khairul Hossain, Chairman, Bangladesh Securities and Exchange Commission (BSEC) on May 3, 2018. He discussed the proposed Codes of Corporate Governance of Bangladesh. Md. Selim Reza FCS, Vice President, Md. Shahid Farooqui FCS, Council Member, Salim Ahmed FCS, Council Member were present at the meeting. Meeting with the Chairman, National Board of Revenue (NBR) A delegation of the Council Members of the Institute comprising of Mohammad Asad Ullah FCS, Immediate Past President, Md. Azizur Rahman FCS, A.K.M. Mushﬁqur Rahman FCS, Gopal Chandra Debtath FCS, and Md. Anwar Hossain Chowdhury FCS called on Md.

Institute of Chartered Secretaries of Bangladesh (ICSB)

They requested the Chairman, NBR to include the profession of Chartered Secretary as authorized representative (ITP) under the Income Tax Ordinance 1984 and as Mushuk Agent under the Value Added Tax and Supplementary Duty Act 2012 so that they can appear before any income tax authority and the Appellate Tribunal for any proceeding all over the country. The Chairman assured them that all-out measures would be taken by NBR to include the ICSB profession as an authorized representative under the Income Tax Ordinance 1984 and Mushuk Agent under VAT Act 2012. Meeting with Senior Secretary, Ministry of Commerce, GoB

A delegation of ICSB led by its President Mohammad Sanaullah FCS called on Shubhashish Bose, Hon’ble Senior Secretary, Ministry of Commerce at the Bangladesh Secretariat on June 3, 2018. Among others Md. Selim Reza FCS, Vice President, ICSB and Md. Shamibur Rahman ACS, Director (A&F) were also present during the meeting. The President requested the Commerce Secretary to incorporate ICSB’s recommendations in the proposed Companies Act to strengthen good governance in the corporate sector. Meeting with Hon’ble Secretary, Finance Division, Ministry of Finance, GoB

2018 A delegation of ICSB led by its President Mohammad Sanaullah FCS called on Mohammad Muslim Chowdhury, Secretary, Finance Division, Ministry of Finance at his office on June 24, 2018. He briefed the Hon’ble Secretary on recent activities of ICSB and plan for its future development. He also sought cooperation and support from the Secretary to accomplish all tasks. The delegation also included Itrat Husain FCS, Past President & Council Member, Md. Selim Reza FCS, Vice President, A.K.M. Mushfiqur Rahman FCS, Council Member, Salim Ahmed FCS, Council Member and officials of ICSB. Meeting with the Chairman, Insurance Development & Regulatory Authority (IDRA)

A delegation of ICSB led by its Vice President, Md. Selim Reza FCS along with Salim Ahmed FCS, Council Member and Md. Shamibur Rahman ACS, Director (A&F) called on Zakir Hossain, newly appointed Registrar, Joint Stock Companies and Firms on July 22, 2018, at his ofﬁce. Md. Selim Reza FCS congratulated the Registrar on his assumption of the ofﬁce. He briefed the Registrar on recent activities of ICSB as a statutory body under the Ministry of Commerce and expected his guidance and cooperation in the coming days. He particularly emphasized on updating of the Companies Act and also requested to incorporate the suggestion of ICSB. The Registrar thanked the delegates and expressed his satisfaction at the activities of ICSB and appreciated its role in promoting professionalism and development of the Chartered Secretaries profession in Bangladesh. Meeting with the Registrar, Joint Stock Companies and Firms (RJSC)

A delegation of ICSB led by its Vice President and the Chairman, CS Regulations Sub Committee, Md. Selim Reza FCS called on Md. Shafiqur Rahman Patwary, Chairman, Insurance Development & Regulatory Authority (IDRA) at his office on July 15, 2018. Vice President of the Institute highlighted various activities pursued by ICSB and requested Chairman, IDRA for the inclusion of necessary provisions to appoint Chartered Secretary professionals as Company Secretary in Insurance Companies for the ultimate betterment. He also requested for a relaxation of fifteen years relevant work experience for CS professionals for recruitment as CEO. Hon’ble Chairman, IDRA and Dr. M Mosharraf Hossain, Member, IDRA assured that ICSB’s proposals would be taken into consideration.

A delegation of ICSB led by its President Mohammad Sanaullah FCS called on Md. Zakir Hossain, Registrar, Joint Stock Companies and Firms on August 13, 2018, at TCB Bhaban,1- Karwan Bazar, Dhaka. The President informed the Registrar on recent activities of ICSB and emphasis on updating the Companies Act in line with the suggestions provided by ICSB. Hossain thanked the delegates and provided his valuable suggestions on promoting professionalism and development of the Chartered Secretaries profession in Bangladesh.

Meeting with the Registrar, Joint Stock Companies and Firms (RJSC)

Meeting with the Minister, Ministry of Law, Justice and Parliamentary Affairs, GoB

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 ICSB delegation comprised of Mohammad Sanaullah FCS, President, Md. Selim Reza FCS, Vice President, Itrat Husain FCS, Past President & Council Member of ICSB called on Anisul Huq MP, Hon’ble Minister, Ministry of Law, Justice and Parliamentary Affairs, GoB at his ofﬁce on September 09, 2018. The President updated the Minister on various ongoing activities of the Institute and thanked him for his generous support and cooperation. Hon’ble Minister gave a patient hearing to the delegation and thanked them for the activities initiated by the Institute. He hoped that through these initiatives Good Corporate Governance will be established in the corporate sector of Bangladesh. ICSB President requested the honorable Minister to empower Chartered Secretary Professions to the Income Tax Ordinance 1984 as Income Tax Practitioners like Chartered Accountants and Cost & Management Accountants. The Honorable Minister took it very positively towards the development of the profession. Meeting with the Chairman, Financial Reporting Council (FRC)

The Vice President of ICSB Md. Selim Reza FCS, along with Itrat Husain FCS, Past President & Council Member of the Institute of ICSB called on C. Q. K. Mustaq Ahmed, Chairman, Financial Reporting Council (FRC) on September 18, 2018, at his ofﬁce. The Vice President of the Institute briefed the Chairman, FRC on various ongoing activities of the Institute and thanked him for his support and cooperation towards the Institute. Itrat Husain FCS briefed him about the forthcoming 7th ICSB Convocation with an invitation to grace the occasion as the Special Guest. Chairman, FRC gave a patient hearing to the delegation and thanked them for the activities initiated by the Institute and for the invitation. He expressed his satisfaction over ICSB’s contribution to develop, promote and regulate the profession of Chartered Secretary in Bangladesh. Institute of Chartered Secretaries of Bangladesh (ICSB)

Meeting with Md. Abdul Halim, Secretary in Charge, Ministry of Industries, and Md. Sanwar Hossain, Registrar (Additional Secretary) Department of Patent, Design and Trade Marks, Govt. of Bangladesh The Chairman Professional Development Sub Committee Mohammad Asad Ullah FCS and Chairman, Seminar and Conference Sub Committee Md. Azizur Rahman FCS met with Md. Abdul Halim, Secretary in Charge, Minisry of Industries, Govt. of Bangladesh on September 23, 2018 at his Ofﬁce at Shilpa Bhaban and invited him to grace the occasion as the Chief Guest of the CPD Seminar on “Intellectual Property Rights in Bangladesh” who gave the consent to be Chief Guest of the said CPD Seminar. The delegate also met with Md. Sanwar Hossain, Registrar (Additional Secretary), Department of Patent, Design and Trade Marks, Ministries of Industries at his ofﬁce at Shilpa Bhaban and to invite him to grace the occasion as the Special Guest of the aforesaid CPD Seminar, who gave the consent to the Special Guest of the Seminar. Meeting with the Chairman, Bangladesh Securities and Exchange Commission (BSEC)

A delegation of ICSB led by its President Mohammad Sanaullah FCS called on Dr. M. Khairul Hossain, Chairman, Bangladesh Securities and Exchange Commission (BSEC) on October 2, 2018 at his ofﬁce. The President in formed the Chairman on recent activities of ICSB and thanked him for Corporate Governance Code circulated by BSEC on June 03, 2018. He also cordially invited him to grace the forthcoming ICSB 5th Corporate Governance Excellence Award 2017 to be held on November 10, 2018 as a special guest. He gave a patient hearing to the delegation and thanked them for the activities undertaken by the Institute. He hoped that through these activities Good Corporate Governance will be established in corporate sector. Meeting with the Commissioner, Bangladesh Securities and Exchange Commission (BSEC) A delegation of ICSB led by its President Mohammad Sanaullah FCS called on Khondoker Kamaluzzaman, Commissioner Bangladesh Securities and Exchange Commission (BSEC) at his ofﬁce on October 2, 2018. The

2018

President updated the Commissioner on recent activities of ICSB and welcomed him as a new Council Member of ICSB. He also thanked him for the Corporate Governance Code circulated by BSEC on June 3, 2018. Khondoker Kamaluzzaman assured the delegation for a whole hearted support from the BSEC for the development of the Institute in future. A lively discussion took place regarding the current activities of the Institute for establishing Governance Excellence in the Corporate Sector of Bangladesh. Meeting with Atiur Rahman PhD, Former Governor of Bangladesh Bank

Minister of Commerce, Government of Bangladesh on November 1, 2018. The President apprised the Hon’ble Minister about the various initiatives which ICSB has undertaken for development of its Members and notified on the upcoming national events of ICSB. Honorable Minister gave a patient hearing and praised the excellent arrangement of the 4th ICSB National Award for Corporate Governance Excellence-2017 and also expressed his satisfaction being present as the Chief Guest of the Programme. He assured that the Ministry of Commerce will do everything possible for further development of the profession in the country. Meeting with Zahiruddin Ahmed ndc, Hon’ble Secretary and Chairman, Bangladesh Trade and Tariff Commission, GoB A delegation led by the Chairman, Professional Development Sub Committee Mohammad Asad Ullah FCS met with Zahiruddin Ahmed ndc, Hon’ble Secetary and Chairman, Bangladesh Trade and Tariff Commission, on December 2, 2018 at his Office at Segun Bagicha, Dhaka and invited him to grace the occasion as the Chief Guest of the CPD Seminar on “Bangladesh Trade and Tariff Commission and its Role in the Economic Development of Bangladesh” who gave the consent to be Chief Guest of the said CPD Seminar. The delegates discussed with the Chairman on the mutual interest of both the Commission and ICSB. The Commission was agreed to sign a MoU with ICSB for exchange of expertise between the two organizations. Professor Dr. Feroz Iqbal Faroque FCS and AKM Musfiqur Rahman,FCS Council Member were present at the meeting. COMMUNICATION AND PUBLICATION

A delegation of ICSB led by its Vice President Md. Selim Reza FCS called on Atiur Rahman Ph.D. on October 7, 2018 at the ofﬁce of Unnayan Shamannay. A lively discussion took place regarding the current activities of the Institute for establishing Governance Excellence in the local corporate sector. He served as the 10th Governor of Bangladesh Bank (The Central Bank of Bangladesh). He gave a patient hearing and appreciated the role of the Institute. The Vice President briefed him about the forthcoming 7th ICSB Convocation with a humble invitation for consent to grace the programme as the ‘Convocation Speaker’. He thanked him and gave consent to be the “Convocation Speaker”. Meeting with Honorable Commerce Minister Mr. Tofail Ahmed, MP, GoB ICSB delegation led by its President Mohammad Sanaullah FCS, met Mr. Tofail Ahmed MP, Hon’ble

The Journal ‘The Chartered Secretary’ the Quarterly Journal of the Institute is regularly published by the Journal and Publication Sub-Committee which is the source of information of ICSB. The Journal covers the current and relevant issues appropriately for the dissemination of knowledge to the Members and to the corporate leaders. The Journal has since made its own space in the market which is a positive indication of professionalism of ICSB. The Council always invites Members to contribute in any form, so that it can be enriched further. The Council also acknowledges with profound thanks and gratitude, the contributions received from various organizations in the form of advertisement, without which it would have been impossible to continue publishing the Journal regularly. The Council deeply acknowledges the contribution of the Members of the Editorial Board and writers of the Journal and their relentless efforts. Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 ICSB Members Directory ‘Brief particulars of Members of the Institute is regularly published in the 1st week of every year by the Journal and Publication Sub-Committee based on the latest information as provided by the Members. Members Directory is the source of ICSB members’ information which is used by members for communication. Other Publication ICSB publishes different souvenir on different occasions. During the period under review ICSB published souvenir on the occasion of 7th National Convention 2018, 7th Convocation 2018 and 5th ICSB National Award for Corporate Governance Excellence 2017. OTHER EVENTS AND ACTIVITIES ICSB Annual Picnic 2018

The Annual Picnic 2018 of ICSB was held on January 19, 2018, at Sea Shell Resort & Picnic Spot, Purbachal. The picnic was organized by the Members’ Welfare & Recreation Sub Committee. A total six hundred and twenty members and spouses and children participated in the Picnic. The Picnic was inaugurated by the President by releasing balloons and festoons. Mohan Shaheed Dibosh and International Mother Language Day 2018

Mohan Shaheed Dibosh and International Mother Language Day was observed by ICSB Members with due solemnity and nationalist fervor at the Conference Hall of the Institute. On this occasion Members’ Welfare and Recreation Sub Committee of ICSB organized a programme on behalf of the Institute on February 21, 2018, which included handwriting competition, art competition, and poetry recitation. A good number of ICSB Members, their spouses and children participated in the programme with patriotic zeal and enthusiasm. The programme began with the recitation from the Holy Quran and singing of the national anthem. Visit to National Martyrs' Memorial in Savar ICSB Members led by Nazmul Karim FCS, Treasurer, ICSB paid tributes to the Liberation war martyrs on March 26, 2018 which marked the “48th Independence Day of Bangladesh”. They reached Jatiyo Smriti Soudho (National Martyrs' Memorial) in Savar early in the morning to pay ﬂoral tributes in remembrance of the souls who sacriﬁced their lives to earn Bangladesh liberation from the then Pakistan after a bloody war.

Pohela Boishakh Celebration at ICSB ICSB Members celebrated the Bangla Nobo Borsho 1425 “Pohela Boishakh” on April 14, 2018, with great enthusiasm with the participation of a large number of members along with their spouses and children and it was organized by Dhaka Regional Chapter Sub Committee. A cultural programme of Bengali tradition including poetry recitation, folk song and dress as you like the best (children) was also organized during the occasion. The programme ended with an enchanting cultural programme of authentic Bengali traditional. Customary Bengali foods were also served among the participants.

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Celebration of the 48th Victory Day

Doa and Iftar Mahfil Members’ Welfare & Recreation Sub Committee of ICSB organized a Doa and Iftar Mahﬁl on June 8, 2018 at Alumni Association Auditorium, Senate Bhaban, Dhaka University. A large number of Members including the Councilors and Ofﬁce Bearers of the Institute attended the programme. Suhel Ahmed Choudhury, Ex-Secretary, Ministry of Commerce was also present.

ICSB Members celebrated the 48th Victory Day on December 16, 2018, at ICSB premises to pay deep homage to the martyrs who laid down their lives for the country. The day was celebrated through different programmes like discussions, children art competition and stage drama performance. Emeritus Professor Serajul Islam Choudhury was the Chief Guest. The programme started by offering prayers seeking eternal peace of the souls of the martyrs of Liberation War and peace, progress and prosperity of the Country. Prof. Islam appreciated the efforts of ICSB for organizing such a patriotic event. In his passionate speech he narrated in the tale of Bangladesh and its birth from 1947 through India, Pakistan partition. ICSB President stated that December 16, our Victory Day, holds a great significance that cannot be described in mere words. People made their utmost sacrifices to make us victorious against the autocratic Pakistani regime. We deeply remember the contribution of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman in the creation of independent and sovereign Bangladesh. In our Institute, each year we celebrate Victory Day and Independence Day. We all are working to develop our nation as our freedom fighters dreamt of. Art Competition Held in ICSB ICSB Members also organized an art competition for children on the occasion of 48th Victory Day 2018,

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2018 Digital Transformation: Navigating towards Paperless Board Meeting ICSB and Infosapex, an IT solution provider company jointly organized a programme on ‘Digital transformation: Navigating towards Paperless Board Meeting’ on September 08, 2018 at the Institute of Diploma Engineers (IDEB) at Kakrail in the City.

celebration at the Institute premises. Emeritus Professor Prof. Serajul Islam Choudhury inaugurated the programme. Many children took part in the competition in two groups. of the participants, six participants (three from each groups) were selected for prizes and others received consolation prizes. Prof. Islam handed over the prizes to the winners. OTHER ACTIVITIES OF THE INSTITUTE Discussion Meeting with Faculty Members of ICSB

As part of academic excellence ICSB organized a meeting with the honorable faculty members of the Institute at the council room of ICSB campus on October 13, 2018 and had discussions with the faculty members and tried to know about their success, failure and feeling about the current educational activity of the Institute. The President sought suggestions from faculty members to take initiatives for the betterment of the Institute. They also pointed out students’ views and advised us to provide all kinds of support in time.

Shyam Sunder Sikder, Secretary, Posts and Telecommunications Division was the Chief Guest. President of ICSB Mohammad Sanaullah FCS chaired the session. Md. Zakir Hossain, Registrar, Registrar of Joint Stock Companies and Firms (RJSC), Hossain Sadat FCS Fellow Member of ICSB, Md. Sami Ahmed, Component Team Leader (IT/ITES), Leveraging ICT for Growth, Employment and Governance and Dr. Md. Mostofa Akbar, Head, Department of Computer Science and Engineering BUET also attended. The programme included a keynote speech by Md. Imrul Hasan, the CEO of Infosapex where he discussed the drawbacks of using papers in the board meetings and how it can be developed by using a software driven solution which can navigate the board meetings to a completely paperless environment.

ICSB Organized Thanks giving Ceremony ICSB organized a thanks giving dinner Ceremony for the successful holding of the 7th National Convention, 7th Convocation and 5th CGE Award 2017 on December 24, 2018 at Institute premises. Members of the relevant committees were invited. The programme began with a formal discussion session which was presided over by Itrat Husain FCS, Chairman, Corporate Governance Committee.

Discussion Session with Absent Students ICSB organized a discussion meeting with the students who were absent in the CS examination of July 2018, at the council room of ICSB campus on November 24, 2018. The discussion session was chaired by the President. It was an elaborate discussion with the students and tried to ﬁnd out the reasons for their absence. The President encouraged them to enroll again and assured them to give all possible support would be given. Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Members of the Corporate Governance Committee were present in the discussion and spoke on the experience of the mega events. Itrat Husain FCS thanked each and every one who worked hard to make these events successful. He especially appreciated the effort of Mohammad Bul Hassan FCS for his contribution. Md. Selim Reza FCS played an excellent role in organizing the events. Fund Raising committee headed by Mohammad Sanaullah FCS did an outstanding job which was very challenging. He also acknowledged support of the employees and staff of the Institute for their dedication and sincere effort. The President warmly thanked Members of the Fund Raising Committee for successfully completing the challenging job. He elaborated how the funds were collected within a very short span of time. He also mentioned the challenges he faced to invite the Chief guests for these programmes.

appreciated that ICSB has been providing international standard professional education in the country and appreciated the steps taken by the Institute for corporate governance and professionalism in corporate culture in line with UK, India and other developed countries of the world so that its Members can compete with other professionals and get employment at home and abroad.

Itrat Husain FCS also thanked the Chairman and Members of the Technical Committees of the CGE Award. Members present at the thanks giving programme appreciated the initiative. They mentioned that it was really a successful programme with a huge number of participants. They also appreciated the cultural event and dinner.

ICSB Delegates met Commerce Secretary Md. Mofizul Islam

Md. Selim Reza FCA, FCS, Vice President, Nazmul Karim FCS Treasurer, Mohammad Asad Ullah LL. M, FCS, Immediate Past President & Council Member, Itrat Husain FCMA, FCS, Past President & Council Member, A.K.M. Mushﬁqur Rahman FCS, Council Member, Gopal Chandra Debnath FCS, Council Member, Dr. Mohammad Mohiuddin, Council Member, Md. Abdus Salam Khan FCS, Fellow Member, Kazi Md. Shamsul Alam, Secretary and Md. Shamibur Rahman ACS, Director (A&F) of the Institute were present during the meeting.

SUBSEQUENT EVENTS (JANUARY – JUNE, 2019) Meeting with Hon’ble Commerce Minister Mr. Tipu Munshi MP

A delegation of ICSB led by its President Mohammad Sanaullah FCS met Md. Mofizul Islam, Secretary, Ministry of Commerce, GoB at his office at Bangladesh Secretariat on January 16, 2019. On behalf of the Council the President congratulated him on assuming the office of the Secretary, Ministry of Commerce and then he introduced the Council Members to the Secretary and briefed him about the various activities of ICSB. The Council Members of the Institute of Chartered Secretaries of Bangladesh (ICSB) led by its President Mohammad Sanaullah FCS called on Mr. Tipu Munshi MP, Hon’ble Minister, Ministry of Commerce, GoB on January 14, 2019. On behalf of the Council the President congratulated him on assuming the office of the Minister, Ministry of Commerce and apprised him about the various activities that ICSB had undertaken for professional development of its Members as well as its future plans. He requested the Hon’ble Commerce Minister to incorporate ICSB’s recommendations on the proposed Companies Act. The delegates also briefed him about the justification for having the Institute’s own premises at Sher-e-Bangla Nagar, Uttara or Purbachal. Hon’ble Minister appreciated the role of ICSB in promoting professionalism and development of the Chartered Secretaries profession in Bangladesh. He also

The Council Members requested the Commerce Secretary to provide adequate budget and allotment of Land for the Institute’s campus. The Commerce Secretary gave a patient hearing and appreciated the role of ICSB towards the development of the Chartered Secretaries profession in Bangladesh. ICSB Annual Picnic 2019 Like every year ICSB arranged Annual Picnic to get relief from the monotony of our routine life. The Annual Picnic 2019 of ICSB was held on January 25, 2019 at Apon Bhuban Picnic and Shooting Spot, Khilgaon, Pubail, Gazipur under the supervision of the Salim Ahmed, Chairman of Members’ Welfare and Recreation Sub-Committee of ICSB. Indeed it was a naturally beautiful spot but very close to Dhaka city. This year the highest number of members along with their guests, spouses, and children (725 people) participated in the Picnic. Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Meeting with Mr. Md. Abul Kalam Azad, Principal Co-ordinator SDGs Affairs, Prime Minister’s Office, Government of Bangladesh A delegation led by the Chairman, Professional Development Sub Committee of ICSB Mohammad Asad Ullah FCS met with Mr. Md. Abul Kalam Azad, Principal Co-ordinator, SDGs Affairs, Prime Minister’s Ofﬁce on January 30, 2019 at his ofﬁce at Prime Minister’s Secretariat, GoB. He briefed the Principal Co-ordinator SDGs Affairs about the upcoming CPD Seminir on “SDGs: Private Sector’s Roles and Challenges” to be held on March 02, 2019 and invited him to grace the occasion as the Special Guest of the Program and also present the Key Note Paper on the above topic, who gave the consent to be the Special Guest and agreed to present the Key Note Paper at the aforesaid CPD Seminar. ICSB Organized Orientation Programme for 43rd Batch

Meeting with the Minister, Ministry of Planning Mr. M. A. Mannan MP

ICSB organized an orientation program for the students of 43rd Batch of CS Course at ICSB Campus, Dhaka on Saturday, February 2, 2019. The programme was inaugurated by its President Mohammad Sanaullah FCS. He urged the students to strive for academic excellence, personal values, and professionalism. He also emphasized the need for value addition, creativity and innovation in order to show excellence in the professional ﬁeld and to set a golden platform for the future generation.

A delegation of ICSB led by Mohammad Asad Ullah FCS, Chairman, Professional Development Sub Committee and Immediate Past President of ICSB met Mr. M. A. Mannan MP, Hon’ble Minister, Ministry of Planning, GoB at his ofﬁce at Bangladesh Secretariat on January 30, 2019. He briefed the Hon’ble Minister about the upcoming Continuing Professional Development (CPD) Seminar on ‘SDGs: Private Sector’s Roles and Challenges’ to be held on March 02, 2019 and invited him to grace the occasion as the Chief Guest of the Programme. Honorable Planning Minister gave a patient hearing and gave consent to be the Chief Guest at the CPD Seminar. He appreciated the role of ICSB in promoting professionalism and development of the Chartered Secretaries profession in Bangladesh. Institute of Chartered Secretaries of Bangladesh (ICSB)

Md. Selim Reza FCS, Vice President of ICSB welcomed the newly admitted students. He discussed the role of Chartered Secretaries in the corporate management and stakeholders expectations from the Chartered Secretary professionals. Chairman, Examination Committee of ICSB Md. Anwar Hossain Chowdhury FCS advised students to attend classes regularly and follow the rules and regulations of the Institute. Salim Ahmed FCS Council Member was also present.

2018 ICSB Observes Mohan Shaheed International Mother Language Day

Dibosh

and

Seminar on ‘SDGs: Private Challenges’ on March 2, 2019.

Sector’s

Roles

and

Mr. M. A. Mannan, MP, Hon’ble Minister, Ministry of Planning, GoB graced the seminar as the Chief Guest. He said that Bangladesh is one of the few countries that has achieved its Millennium Development Goals (MDGs) targets faster than projected and is actively engaged in realizing the more challenging SDGs. "To retain the optimum economic growth of our country, establishing corporate governance is essentially needed,". He hoped that ICSB would continue to strive hard to produce competent and worthy qualiﬁed professionals, who would help to build a prosperous Bangladesh. Members of ICSB observed Mohan Shaheed Dibosh and International Mother Language Day with due solemnity and signiﬁcance at our campus. On this occasion, Dhaka Regional Chapter Sub Committee of ICSB organized a programme on behalf of the Institute on February 21, 2019, which was included hand writing competition for children, speech on “Use and application of Mother Language on the Spirit of Ekush” and poetry recitation. The programme began with the recitation from the Holy Quran and prayer for the departed soul of Martyrs.

Chattogram Regional Chapter Sub-Committee also paid tribute to Chattogram Central Shaheed Minar.

Md. Abul Kalam Azad, Principal Coordinator, SDG Affairs, Prime Minister's Ofﬁce, GoB attended the programme as Special Guest. He made a presentation on SDGs and Dr. M. Harunur Rashid, the Chairman of BAC International presented a keynote paper on "SDGs: Private Sector's Roles and Challenges". Mohammad Sanaullah FCS, President, ICSB emphasized on practicing good Corporate Governance. He urged the government to include ICSB members in the activities of the SDG's programme for the greater interest of the country. Mohammad Asad Ullah FCS, Chairman, Professional Development Sub Committee and Immediate Past President of ICSB presided over the seminar and delivered the welcome address. Being the Session Chairman he summed up the session. Mohammad Sanaullah FCS, President, ICSB, Md. Shaﬁul Islam (Mohiuddin), President, FBCCI, Golam Mainuddin, Vice President, MCCI, Shehzad Munim, President, FICCI, Asif Ibrahim, Former President, DCCI, Md. Azizur Rahman FCS, Director General, Intellectual Property Association of Bangladesh (IPAB) participated in the discussions.

CPD Seminar on ‘SDGs: Private Sector’s Roles and Challenges’

QCS Internship Guideline Programme

The Professional Development Sub-Committee of ICSB organized a Continuing Professional Development (CPD)

Internship guideline programme of the July-December 2018 Session for the Qualiﬁed Chartered Secretaries (QCS) was held on March 7, 2019 at the ICSB Campus.

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 ICSB takes part in Bangladesh Capital Market Expo 2019

ICSB President Mohammad Sanaullah FCS inaugurated the internship guideline programme by congratulating the Qualiﬁed Chartered Secretaries (QCS) for their accomplishment and urged them to undergo the internship with sincerity and the highest level of dedication. Senior Vice President and Chairman, Education Committee Saﬁar Rahman FCS participated in the discussion and exchanged his valuable experiences.

ICSB participated in Bangladesh Capital Market Expo 2019 for the fourth time held on April 4 to 6, 2019 at the Bangladesh Shilpakala Academy, Segun Bagicha, Dhaka. The Expo was organized by the “Arthosuchak”, an online news portal on Business and Economics as an annual event. The Programme was inaugurated by the Economic Affairs Advisor to the Prime Minister, Dr. Mashiur Rahman as the Chief Guest. Professor Dr. Khairul Hossain, Chairman, Bangladesh Securities and Exchange Commission (BSEC) was also present on the occasion as Special Guest.

ICSB Pays Tributes on the 49th Independence and National Day of Bangladesh A team of ICSB Members and Ofﬁcials paid tributes to the Liberation War Martyrs’ on March 26, 2019, the 49th Independence and National Day of Bangladesh which is marked as a commendable and digniﬁed day in the history of Bangladesh. On behalf of the Institute, Dhaka Regional Chapter Sub Committee organized the programme under the supervision of its Syed Moniruzzaman FCS, Chairman, Dhaka Regional Chapter Sub Committee.

President of the Institute presented a Keynote Paper on “Challenges of Implementing Corporate Governance Code” in a Seminar of the Expo 2019 on April 4, 2019. Prof. Md. Helal Uddin Nizami, Commissioner, Bangladesh Securities and Exchange Commission (BSEC) graced the Seminar as the Chief Guest. In the Expo, ICSB had a stall with prospectuses, brochures, handbooks, journals, souvenirs and multi-media presentations to provide information to the visitors regarding the Corporate Governance, procedure of becoming a Chartered Secretary, future prospects of the profession of Chartered Secretaries in Bangladesh, how to become a member of ICSB, admission process and other relevant information. A good number of visitors visited the stall with enthusiasm and collected information about the various aspects of Chartered Secretary Profession. Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Demonstration Programme to Promote Chartered Secretary Profession at University of Dhaka ICSB organized a demonstration programme on ‘Chartered Secretary as a Challenging Profession in the Corporate World’ for the students of Faculty of Business Studies, University of Dhaka at Professor Dr. Mohammad Habibullah Conference Hall on April 8, 2019 in collaboration with the Faculty of Business Studies of the University of Dhaka.

Committee of ICSB on April 14, 2019 with great enthusiasm and vigor, with the presence of a large number of Members along with their spouses and children. A cultural programme of Bengali tradition including poetry recitation, song and dressed as you wish for children were also organized during the occasion. Dhaka Regional Chapter Sub Committee organized the celebration program. Presentation of Internship Report Presentation programme on internship report of the Qualiﬁed Chartered Secretary (QCS) was held on May 04, 2019 at the ICSB Campus. All registered students of the internship course participated at the presentation programme.

ICSB President Mohammad Sanaullah FCS was the keynote speaker of the programme. He thanked the bright and the potential students of University of Dhaka for participating in the session and discussed the necessity of professional degrees in addition to academic degrees for accelerating career success. He highlighted the prospects of the Chartered Secretary profession in our country and abroad. He also brieﬂy discussed CS course curriculum, classes, and examination system and membership process.

Meeting with Mr. Tipu Munshi MP, Honorable Minister, Ministry of Commerce A Delegation of the Institute of Chartered Secretaries of Bangladesh (ICSB) led by its Past President and Council

Honorable Professor Dr. Mahfuzul Hoque, Deputy Programme Director, MPA Programme, Faculty of Business Studies of University of Dhaka graced the occasion as Session Chairman. He thanked for taking the initiative to orient a challenging and rewarding profession to the students. He emphasized the importance of the Chartered Secretary profession. ICSB Celebrated Pohela Boishakh 1426 ICSB celebrated the Bangla Nobo Barsho 1426 ‘Pohela Boishakh’ organized by Dhaka Regional Chapter Sub

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Member, Itrat Husain FCS called on Mr. Tipu Munshi, MP, Hon'ble Minister, Ministry of Commerce, Government of the People’s Republic of Bangladesh on May 16, 2019 at his ofﬁce. The Past President of ICSB briefed the Minister on various ongoing activities of the Institute and thanked the Ministry for the support and cooperation to the Institute. Itrat Husain FCS specially briefed him about the forthcoming ICSB Members’ Night 2019 with humble invitation for kind consent to grace the programme as “Chief Guest”. Mr. Tipu Munshi MP thanked him and gave consent to be the Chief Guest at the event. Doa Mahfil and Iftar of Institute of Chartered Secretaries of Bangladesh (ICSB)

ICSB celebrated the Members’ Night 2019 on June 20, 2019 in a grand manner at the Grand Ball Room of Hotel Radisson Blu Dhaka Water Garden, Dhaka. On this auspicious evening, the Institute celebrated the 9th anniversary of Enactment of Chartered Secretaries Act, 2010 as well as in the same manner. Mr. Tipu Munshi MP, Hon’ble Minister, Ministry of Commerce, Government of the People’s Republic of Bangladesh graced the occasion as the Chief Guest while Suhel Ahmed Choudhury, Former Secretary, Ministry of Commerce was present as Special Guest.

ICSB organized a Doa Mahfil and Iftar on May 25, 2019 at Samson H. Chowdhury Centre, Party Lounge, Dhaka Club Limited, Dhaka. A large number of Members including the Councilors and Office Bearers of the Institute attended the programme. ICSB Members are recognized as VAT Consultant National Board of Revenue (NBR) recognized ICSB Members as VAT Consultant through SROs. The Chartered Secretary can obtain a VAT Consultant License upon an application made in the prescribed manner with having 5 (five years) experience without any examination. ICSB Celebrated Members’ Night- 2019 and 9th Anniversary of Enactment of Chartered Secretaries Act

The Honorable Chief Guest, in his speech, said that he was very delighted to attend the programme. He mentioned that the visionary leader Sheikh Hasina, Honorable Prime Minister, Government of the People’s Republic of Bangladesh had realized the requirements and imperative need and necessity for the growth and promotion of CS profession which paved the way for the promulgation of the Chartered Secretaries Act, 2010. He hoped that the Institute of Chartered Secretaries of Bangladesh (ICSB) would work for further improvement of corporate management and good corporate governance in Bangladesh. While extending heartiest thanks to the members of ICSB, Special Guest, Suhel Ahmed Choudhury underscored the present government’s commitment to ensuring good corporate governance and corporate culture in the listed companies of Bangladesh. He applauded the role of the Institute of Chartered Secretaries of Bangladesh for developing professional skills in the corporate sector.

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Mohammad Sanaullah FCS, President of the Institute welcomed all the guests and their spouses. In his welcome speech, he expected that such social get-together will be arranged regularly in the future to pave the way for mutual sharing and understanding among the Members and their Families. He further expected that the bondage among the Members of ICSB will be more consolidated and resilient through attending such events. In his speech, the President outlined various activities taken by the Institute during last three (3) years and recalled the timeless effort and hardships that the Members went through to pursue the Government of Bangladesh for the growth of ICSB. He humbly requested to the Hon’ble Chief Guest to make necessary amendment in Companies Acts as it had become backdated and also include the proposal of ICSB the Companies Act. On the occasion, a good number of Fellow and Associate Members of the Institute gathered at the Ball Room along with their spouses and enjoyed an enthralling cultural program presented by the members of Institute and eminence artists of the country. The program was followed by sumptuous dinner. Rafﬂe Draw and Members Quiz was conducted and attractive prizes were distributed among the members and their spouses. At the end of the programme Salim Ahmed FCS, Chairman, Members’ Welfare and Recreation Sub Committee of the Institute offered vote of thanks. Demonstration Programme to Promote Chartered Secretary Profession at United International University

ICSB organized a demonstration programme on ‘Chartered Secretary as a Challenging Profession in the Corporate World’ for the students of United International University (UIU) at Smart Room, on June 29, 2019. President of the Institute was the keynote speaker of the programme. He welcomed the bright and the potential students of United International University for participating in the session and discussed the necessity of professional degrees in addition to academic degrees for accelerating career success. He highlighted the prospects of the Chartered Secretary profession in our country and abroad. He brieﬂy discussed CS course curriculum, classes and examination system. James Bakul Sarkar, Ph.D., Associate Professor, Accounting and Deputy Director of BBA Program of United International University (UIU) graced the occasion as Session Chair. He thanked President of ICSB for taking the initiative to orient a challenging and rewarding profession to the students. He emphasized the importance of the Chartered Secretary profession. A good number of students were present in the programme and participated spontaneously during the question and answer session. CPD Seminar on ‘Finance Act, 2019 vis-à-vis National Budget 2019-20 and New VAT Policy and its Implementation Process’ The Professional Development Sub-Committee of ICSB organized a CPD Seminar on ‘Finance Act, 2019 vis-à-vis National Budget 2019- 2020 and New VAT Policy and its Implementation Process’ on July 6, 2019 at Samson H. Chowdhury Centre, Dhaka Club Limited, Dhaka.

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Md. Mosharraf Hossain Bhuiyan, ndc, Senior Secretary Internal Resources Division & Chairman National Board of Revenue (NBR), Ministry of Finance, Govt. of Bangladesh, graced the occasion as the Chief Guest while respected special Guests, Kanon Kumar Roy, Member (Tax Policy) and Dr. Abdul Mannan Shikder, Member (VAT Policy) attend the program. ICSB accorded a grand reception to the Chairman and Member (Tax policy) and Member (VAT Policy) of the NBR for their outstanding contribution to ICSB for issuance of two SROs being Nos. (SRO No: 171-Act/2019/28-VAT and SRO No: 238-Act/2019/74-Vat) which enabled the Chartered Secretaries with a minimum of 5 years’ experience to practice as VAT Advisor and Consultant’ without any examination which is the historical milestone of ICSB Profession. Mohammad Asad Ullah FCS, Chairman, Professional Development Sub-Committee, Immediate Past President and Council Member of ICSB presided over the CPD Seminar and delivered the address of welcome and summed up the session. Asad Ullah referred to section 174 of the Income Tax Ordinance, 1984 and Rule 37 of the Income Tax Rules 1984 which provides the eligibility of Chartered Secretaries as Income Tax Practitioner (ITP). He thanked for issuing two SROs (SRO No: 171-Act/2019/28-VAT and SRO No: 238-Act/2019/74-VAT) which enabled experienced Chartered Secretaries with a minimum of 5 years’ experience to practice as VAT Consultant’ without any examination. He sincerely expected that the Hon’ble Chairman and Members of NBR will take necessary positive steps to include ICSB members as ITP in the Income Tax Ordinance by issuing necessary SRO(s). Md. Mosharraf Hossain Bhuiyan, ndc, the Chief Guest appreciated the Chartered Secretaries who are working to ensure good governance in the corporate sector. He sought everyone’s cooperation so that the revenue earning target could be achieved for the national development and achieve the SDGs within 2030. With this new budget, it is a new beginning of the re-elected government of her Excellency, Desh Netri Sheikh Hasina, and a new Honorable Finance Minister, Mr. A H M Mustafa Kamal, MP. NBR thinks the Company Secretaries should come forward for assisting NBR for revenue collection for the national development initiatives. He assured that he will take all out measures to include the profession of Chartered Secretary as Income Tax Practitioner (ITP) who can provide services to their clients professionally. Md. Azizur Rahman FCS, Council Member and Chairman, Seminar & Conference Sub Committee, ICSB presented the Keynote paper while Kanon Kumar Roy, Member (Tax Policy) and Dr. Abdul Mannan Shikder, Institute of Chartered Secretaries of Bangladesh (ICSB)

Member (VAT Policy) put their observations on the keynote paper and Prof. Dr. Feroz Iqbal Faruque FCS was the designated discussant. A large number of Members of ICSB and Qualiﬁed Chartered Secretaries attended the program. Demonstration Programme to Promote Chartered Secretary Profession at American International University Bangladesh ICSB organized a demonstration programme on ‘Chartered Secretary as a Challenging Profession in the Corporate World’ for the students of Department of Accounting and Finance, American International University Bangladesh (AIUB) at Multi-Purpose Hall, on July 13, 2019 in collaboration with the Department of Accounting and Finance, Faculty of Business Administration of AIUB.

President of the Institute was the keynote speaker of the programme. He welcomed the bright students of American International University Bangladesh for participating in the session and discussed the necessity of professional degrees in addition to academic degrees for accelerating career success. He brieﬂy discussed CS course curriculum, classes, and examination system and membership process.

Honorable Prof. Dr. Charles C Villanueva, Vice President (Academics) & Dean - FBA, AIUB graced the occasion as Session Chair. He thanked President of ICSB for taking the initiative to orient a challenging and rewarding profession to the students. He emphasized the importance of the Chartered Secretary profession. A good number of students and Faculty members were

2018 present in the program and participated spontaneously during the question and answer session. Demonstration Programme to Promote Chartered Secretary Profession at Jahangirnagar University To Promote Chartered Secretary profession, the Institute has organized a demonstration programme on ‘Chartered Secretary as a Challenging & Rewarding Profession in the Corporate World’ for the students of Jahangirnagar University at Zahir Raihan Auditorium, Jahangirnagar University on July 20, 2019 in collaboration with the Faculty of Business Studies, Jahangirnagar University.

Kabir, Associate Professor, Dept. of Management Studies, Jahangirnagar University was present as discussant in the programme. A good number of students and Faculty members were present in the program and participated spontaneously during the question and answer session. Corporate Health Benefits ICSB has signed ‘Deed of agreement for healthcare services’ with seven (07) different hospitals initially named, Labaid Specialized Hospital, The IBN SINA Trust, Central Hospital Limited, Bangladesh Specialized Hospital Limited, BRB Hospitals Limited, CARe Medical College & Hospital Limited, Insaf Barakah Kidney and General Hospital for ICSB members, students, employees and their eligible dependents to avail health care benefits in discounted rates. Gradually all renowned hospitals in Dhaka would be covered. These ‘Deed of agreement for healthcare services’ were managed and initiated by the Members’ Welfare and Recreation Sub Committee of ICSB. Members ID Card ICSB has introduced Members Identification Card (ID) which is the special initiative of Members’ Welfare and Recreation Sub Committee. Carrying a photo ID card can make someone’s life much easier and ensure that they are able to be identified when necessary. In a modern world, it would be fairly difficult to do the things someone wants to without photo identification, as we would be unable to prove who we are such is the security fueled world we are living in. YEARS AHEAD

President of the Institute was the main speaker of the programme. He welcomed the bright students for participating in the session and discussed the necessity of professional degrees in addition to academic degrees for accelerating career success. He highlighted the prospects of Chartered Secretary profession in our country and abroad. He brieﬂy discussed CS course curriculum, classes, and examination system and membership process. The programme was presided over by Nilanjan Kumar Saha, Dean, Faculty of Business Studies, Jahangirnagar University. He thanked President of ICSB for taking the initiative to orient a challenging and rewarding profession to the students. He also discussed the necessity of Good Corporate Governance in Bangladesh. Among others, Laizu Nasrin, Chairman, Dept. of English, Jahangirnagar University gave speech as special guest showed her interest on Chartered Secretary profession. Md. Awal Al

There are challenges ahead for retaining today’s position and holding a better position in the future. The Institute will have to be equipped adequately to face the challenges. The future leadership, for steering the wheel of the Institute, should be stronger and more effective, so that this respected profession can earn more repute in the corporate arena in Bangladesh. However, the unﬁnished missions lying ahead for the future Council will be long and more painstaking. They are: •

Organize 6th ICSB National Award for Corporate Governance Excellence 2018;

•

Updating syllabus of the Institute;

•

National Board of Revenue (NBR) recognition as TAX Practitioners.

•

Establishment of a new Campus Complex including ofﬁce for the Institute at its own land & building; Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 •

Publishing study materials based on the New Syllabus and inducting more research-based projects;

•

Take more initiatives to incorporate the role of the profession in the new Companies Act;

•

Initiate activities like seminar, workshops on current professional topics for professional development of the Members;

•

Develop ICSB Secretariat with capable and competent staff to meet the Members’ needs and expectations;

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Initiate activities for automation and digitization of ICSB library;

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Strengthening international relations with similar institutes around the world;

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Arrange more and more workshop and CPD seminars for updating Members’ professional knowledge;

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Develop the Institute’s coaching classes and more research works for academic excellence;

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Develop the Institute’s ERP software to bring all activities of ICSB under one umbrella;

•

Ensure regular publication of Institute’s Journal;

•

More Secretarial Standards need to be developed and implemented;

•

Conducting research on different issues related to the Chartered Secretary Profession;

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Automation in admission application, form submission to all kinds of payment to the Institute;

•

Getting the ﬂag of the Institute ﬂying high in Corporate World;

•

Arrange training programmes regularly;

Development and Regulatory Authority (IDRA), Financial Reporting Council (FRC) and other regulatory authorities of the Government for their guidance and support for the development of the Institute. We are thankful to the distinguished personalities who have patronized us by providing advertisements for the Journal, Members’ Directory, Souvenir and specially sponsorship for holding 7th National Convention, 7th Convocation and 5th ICSB National Award for Corporate Governance Excellence 2017 held on November 10, 2018. We are thankful to the Bangladesh Securities and Exchange Commission (BSEC) for accepting a number of suggestions and Secretarial Standards in the Corporate Governance Code 2018 as a result of which much progress can be expected in the corporate sector of Bangladesh. We are also thankful to the National Board of Revenue (NBR) for acknowledging the services rendered by ICSB and its Members by recognizing ICSB Members as VAT Consultant through SROs. The Council would like to thank all of you for your generous support and reposing your faith on the Council to serve our beloved Institute. The Council also acknowledge the sincere and dedicated services that was received from the respected Council Members and the Members of different Committees for the Institute. The Council places on record its appreciation to the employees of the Institute for their continuous and dedicated services. On behalf of the Council,

Mohammad Sanaullah FCS PRESIDENT Dated: Dhaka, August 04, 2019

ACKNOWLEDGMENTS The Council recognizes with deep appreciation the support and cooperation it received from various quarters to carry out its activities smoothly and effectively during the year under review. The council places on record its gratitude to different Ministries and Ofﬁces of the Government, particularly Ministry of Commence, Ministry of Finance, Ministry of Law, Justice & Parliamentary Affairs, National Board of Revenue (NBR), Bangladesh Securities and Exchange Commission (BSEC), Registrar of Joint Stock Companies and Firms (RJSC), Stock Exchanges, Insurance

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018

Some of the Paper Cuttings are displayed in the picture 42

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) List of the Senior Members whose Annual Membership Subscription have been waived off due to attaining 65 years of age as per resolution of 10th Council Meeting of ICSB held on December 5, 2011 As on January 31, 2019 Sl No.

Name of the Members

Membership No.

Amount (TK)

Mr. Muzaffar Ahmed FCS

F - 0001

7,000

Mr. A.K.A. Muqtadir FCS

F - 0003

7,000

Mr. Md. Saiduzzaman FCS

F - 0007

7,000

Mr. Md.Yeamin Hossain FCS

F - 0008

7,000

Mr. Itrat Husain FCS

F - 0009

7,000

Mr. N.G. Chakrabority FCS

F - 0013

7,000

Mr. Md. Mushtaque Ahmed FCS

F - 0014

7,000

Mr. Alhaj A.F.M. Shamsudduha FCS

F - 0015

7,000

Mr. Md Abdus Salam FCS

F - 0017

7,000

Mr. Azadur Rahman Khan FCS

F - 0018

7,000

Mr. Akhter Matin Chaudhury FCS

F - 0020

7,000

Mr. Quazi Shaﬁqul Islam FCS

F - 0023

7,000

Prof. Dr. Feroz Iqbal Faruque FCS

F - 0030

7,000

Mr. M. Amirul Islam Mondal FCS

F - 0034

7,000

Mr. Md. Mizanur Rahman FCS

F - 0035

7,000

Mr. Mosleh Uddin Ahmad FCS

F - 0036

7,000

Mr. Saﬁar Rahman FCS

F - 0038

7,000

Mr. Mansur Alam FCS

F - 0040

7,000

Mr. Biplob Kumar Guha Neogi FCS

F - 0041

7,000

Mr. Sadhan Chandra Das FCS

F - 0043

7,000

Dr. Saleh Ahmed Bhuiyan FCS

F - 0045

7,000

Mr. Hiralal Barua FCS

F - 0048

7,000

Mr. Kazi Md. Fazlul Karim FCS

F - 0059

7,000

Mr. Md. Bazlur Rahman Sikder FCS

F - 0066

7,000

Mr. Md. Ibrahim Khalil FCS

F - 0071

7,000

Mr. M. Mujibur Rahman FCS

F - 0079

7,000

Mr. S. M. Obaidullah FCS

F - 0080

7,000

Mr. Md. Nurul Islam FCS

F - 0081

7,000

Mr. Ahmed Reza Chowdhury FCS

F - 0090

7,000

Mr. Syed Naymul Hassan FCS

F - 0100

7,000

Mr. Aviram Bhowmik FCS

F - 0126

7,000

Total Amount (TK) :

217,000

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Towards Development Fund by the Members' of ICSB as on August 31, 2019

Council Members - Tk.20,000/-

Mansur Alam FCS

F-0040

Mohammad Sanaullah FCS

F-0004

Lorens Shamol Mollick FCS

F-0168

Salim Ahmed FCS

F-0119

Md. Mokammel Hoque FCS

F-0178

Mohammad Nurul Alam FCS

F-0095

Sheikh Khaled Zahir FCS

F-0155

A. T. M. Tahmiduzzaman FCS

F-0156

J Q M Habibullah FCS

F-0129

Mohammad Asad Ullah FCS

F-0025

Sadhan Chandra Das FCS

F-0043

Mohammad Bul Hassan FCS

F-0113

Mohammad Abdullah Al Mamun FCS

F-0136

Itrat Husain FCS

F-0009

Jashim Uddin FCS

F-0123

Md. Azizur Rahman FCS

F-0063

Oli Kamal FCS

F-0128

Md. Shahid Farooqui FCS

F-0037

Md. Munirul Hoque FCS

F-0160

Md. Selim Reza FCS

F-0067

Mohammad Asadur Rahman FCS

F-0176

Md. Monirul Alam FCS

F-0069

Mohammad Ruhan Miah FCS

F-0165

M Naseemul Hye FCS

F-0056

Saiful Alam FCS

F-0158

Hossain Sadat FCS

F-0105

Mohamamd Monirul Islam FCS

F-0159

Nanda Gopal Chakraborty FCS

F-0013

Santanu Saha FCS

F-0161

Nazmul Karim FCS

F-0085

Md. Abedur Rahman FCS

F-0164

Gopal Chandra Debnath FCS

F-0114

Md. Zasim Uddin FCS

F-0163

Saﬁar Rahman FCS

F-0038

Md. Mizanur Rahman FCS

F-0166

A. K. M. Mushﬁqur Rahman FCS

F-0097

Md. Mizanur Rahman FCS

F-0167

Mohammad Zubair Udidn Bhuiyan FCS

F-0162

Md. Sarwar Kamal FCS

F-0169

Fellow Members - Tk. 10,000/01

S. Abdur Rashid FCS

F-0104

Md. Arif Hossain FCS

F-0171

Md. Mizanur Rahman FCS

F-0035

A F M Nazrul Islam FCS

F-0172

Akhter Matin Chaudhury FCS

F-0020

Khalid Mohammad Sharif FCS

F-0173

Badal Chandra Rajbangshi FCS

F-0140

Md. Kausar Alam FCS

F-0137

Md. Zahangir Alam Manik FCS

F-0148

Md. Mujibur Rahman FCS

F-0079

Nur-e-Alam FCS

F-0116

Muhammad Rajibul Hasan FCS

F-0175

Shahjahan Kabir FCS

F-0170

Md. Aftab Uddin Khan FCS

F-0052

Mohammed Enamul Hye FCS

F-0058

Md. Humayun Kabir FCS

F-0177

Md. Mozharul Islam FCS

F-0124

Md. Raﬁqul Islam FCS

F-0179

Kazi Ashiqur Rahman FCS

F-0070

Md. Mushtaque Ahmed FCS

F-0014

Md. Monowar Hossain FCS

F-0150

A. F. Nesaruddin FCS

F-0042

Syed Moniruzzaman FCS

F-0141

N. K. A. Mobin FCS

F-0032

Mohammad Akram Hossain FCS

F-0151

Md. Mohashin FCS

F-0033

khandaker Habibuzzaman FCS

F-0125

Mintu Kumar Das FCS

F-0153

Muhammed Abul Hashem FCS

F-0011

Dr. Saleh Ahmed Bhuiyan FCS

F-0045

Muzaffar Ahmed FCS

F-0001

Mohammad Shahajahan FCS

F-0149

A K M Haruner Rashid FCS

F-0102

Md. Abdul Haque Sarder FCS

F-0093

Mohammad Saiful Islam Chowdhury FCS

F-0174

S. M. Mahabub Islam FCS

F-0157

Abdulla-Al-Mahmud FCS

F-0111

Hossain Ahmed Bhuiyan FCS

F-0181

Prof. Dr. Feroz Iqbal Faruque FCS

F-0030

Md. Shahidul Islam FCS

F-0184

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Towards Development Fund by the Members' of ICSB as on August 31, 2019

Md. Riajul Hoque Sikder FCS

F-0180

103 Md. Shiful Islam FCS

F-0224

Jayanta Kumer Podder FCS

F-0183

104 Shantanu Debnath FCS

F-0221

Md. Mizanur Rahman FCS

F-0182

105 Md. Mahbubur Rahman FCS

F-0225

Mohammed Ashfaqul Hoque FCS

F-0185

106 Mokeshudey Alahi Mazumder FCS

F-0226

Md. Abu Sukkur FCS

F-0186

107 Sushanta Kumar Paul FCS

F-0227

Masudur Rahman Bhuiyan FCS

F-0187

108 Md. Monir Hossain FCS

F-0228

Swapan Kumar Chakraborty FCS

F-0193

109 Md. Rabiul Alam FCS

F-0229

Md. Shahidul Islam FCS

F-0194

110 Md. Robiul Islam FCS

F-0230

Darul Awam Tuhin FCS

F-0196

111 Md. Salim Reza FCS

F-0231

Tauhidul Islam FCS

F-0195

112 Md. Asraful Islam FCS

F-0232

Md. Saiful Islam FCS

F-0189

Md. Shaﬁqur Rahman FCS

F-0190

Associate Members - Tk.5,000/-

Mohammad Iqbal Chowdhury FCS

F-0191

Muhammad Amran Hossain Bhuiyan ACS

A-0334

Uttam Kumar Saha FCS

F-0188

Khandker Abu Jafar Sadique ACS

A-0341

Mohammad Jafar Ali FCS

F-0197

Mohammad Ashraf Uddin Chowdhury ACS

A-0290

Rajib Saha FCS

F-0198

Syed Shafayet Hossain ACS

A-0310

Md. Kamrul Hasan FCS

F-0199

Sorwar Alam ACS

A-0223

Jasmin Akter FCS

F-0200

Muhammed Moshiur Rahman ACS

A-0258

Mohammad Monirul Islam Khan FCS

F-0201

Gokul Chandra Biswas ACS

A-0128

Muhammad Aminur Rahman FCS

F-0204

Rayhan Kamal ACS

A-0210

Masuda Sultana FCS

F-0207

Saiful Islam ACS

A-0186

Mohammad Mahtab Uddin FCS

F-0205

Md. Sayem ACS

A-0232

A. S. M Sayem FCS

F-0206

Md. Lokman Hossain ACS

A-0283

Sayed Amimul Ihsan FCS

F-0208

Israt Jahan Rimi ACS

A-0217

Md. Raﬁqul Islam Khan FCS

F-0209

Arif Abdut Towab ACS

A-0322

Mahbub Iqbal Morshed FCS

F-0192

Mohammed Harun- Ar- Rashid ACS

A-0318

Shahadat Hossain Chowdhury FCS

F-0203

Md. Muniruzzaman ACS

A-0319

Md. Zillur Rahman FCS

F-0202

Mohammad Shahidul Islam ACS

A-0320

Khondakar Nasir Uddin Mahmud FCS

F-0212

A. K. M. Rashidul Hasan ACS

A-0321

Md. Abu Sayeem FCS

F-0210

Md. Atiqur Rahman ACS

A-0323

Syed Mohammad Nasim FCS

F-0211

Mohammad Asaduzzaman ACS

A-0324

Muhammad Abu Bakar Siddique FCS

F-0218

Prodip Lal Bhowmick ACS

A-0325

Mohummod Tareq Hosen Mozumder FCS

F-0219

Sunita Barua ACS

A-0326

Md. Sharif Hasan FCS

F-0220

Mohammad Emarot Hossain ACS

A-0336

Md. Zaker Rahmatullah FCS

F-0222

Mahamudhul Hasan ACS

A-0327

Mohammad Firoz Khan FCS

F-0214

Muhammad Shamsul Islam ACS

A-0328

Md. Zakir Hossain FCS

F-0213

Muhammad Anowarul Kibria ACS

A-0329

Mostaﬁzur Rahman FCS

F-0215

Shariar-Al-Mamun ACS

A-0335

100 Md. Jahidul Islam FCS

F-0216

Khandakar Taslima Rahman ACS

A-0342

101 Mohammad Mostaﬁzur Rahman FCS

F-0217

Mohammed Abu Salam ACS

A-0333

102 Shyamal Shikder FCS

F-0223

Babul Meah ACS

A-0338

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Towards Development Fund by the Members' of ICSB as on August 31, 2019

A-0337

Mohiuddin Siddique ACS

A-0384

Md. Mehadi Hasan Mazumder ACS

A-0343

Md. Ashraful Anowar ACS

A-0385

Md. Shamibur Rahman ACS

A-0344

Md. Mustafa Kamal ACS

A-0386

Dr. Md. Rashedul Azim ACS

A-0345

Mohammed Saifullah ACS

A-0360

Malik Muntasir Reza ACS

A-0346

Md. Asad Hossen ACS

A-0387

Uttam Kumar Dey ACS

A-0347

Mohammad Golam Rabbani Akondo ACS

A-0388

Bimal Chandra Roy ACS

A-0348

Md. Atiqul Islam ACS

A-0389

Nayamul Hoque ACS

A-0349

Md. Enayet Rabbani Chowdhury ACS

A-0390

Santush Chandra Sarker ACS

A-0350

Mohammad Zafar Ullah ACS

A-0391

Md. Mijanur Rahman ACS

A-0351

Hadisul Alam ACS

A-0392

Forhad Hossain Khandaker ACS

A-0352

Md. Jahangir Alam ACS

A-0395

Md. Ismail Hossain ACS

A-0353

Md. Delowar Hossain ACS

A-0396

F R M Rashedul Hasan ACS

A-0354

Rashed Mahmud Bhuiyan ACS

A-0397

Quazi Sabnam ACS

A-0356

Md. Abu Musa ACS

A-0398

Asadullah Mahmud ACS

A-0355

Shyamal Chandra Nath ACS

A-0399

Md. Mamunur Rashid ACS

A-0357

Md. Alauddin ACS

A-0400

Mohammad Jaman Khan ACS

A-0358

Farzana Kashem ACS

A-0401

Mohammad Kamruzzaman ACS

A-0359

Mohammad Mahfuz Alam ACS

A-0402

Krishna Kumar Sarma ACS

A-0361

Md. Omar Faruque ACS

A-0403

Md. Jamilur Rahman ACS

A-0362

Abu Syed Md. Nahid ACS

A-0404

Md. Warisur Rahman ACS

A-0363

Faruk Mia ACS

A-0405

Mahmud Hossan Belali ACS

A-0364

Al Helal Md. Moudud Ahammed ACS

A-0406

Md. Abdul Aziz ACS

A-0365

Mohammad Samsul Haque ACS

A-0407

Tofael Ahmed Mazumder ACS

A-0366

Anupom Kumer Ghosh ACS

A-0408

Md. Obaidur Rahman ACS

A-0367

Mohammad Mosaddaque ACS

A-0409

Kazi Hasan Mahamud ACS

A-0368

Md. Ahmadul Haque ACS

A-0410

Md. Jaber Parvez ACS

A-0369

Md. Alam Sarder ACS

A-0411

Md. Nazrul Islam Chowdhury ACS

A-0370

Mithun Chandra Singha ACS

A-0412

Hasan Tarek ACS

A-0371

Ripon Chandra Mazumder ACS

A-0413

Nasir Uddin ACS

A-0372

100 Md. Moshihor Rahman ACS

A-0414

Md. Rakibul Hasan ACS

A-0373

101 Md. Israil Hossain ACS

A-0415

Imam Hossan ACS

A-0374

102 Mohammad Zahirul Islam ACS

A-0416

Abu Jafar Ali ACS

A-0375

103 Khalilur Rahman ACS

A-0417

Zannat Afza Usha ACS

A-0376

104 Bibhuti Bhusan Sarker ACS

A-0418

Mohammad Mostafa Hossain Suman ACS

A-0377

105 Md. ShaďŹ qul Alam ACS

A-0419 A-0420

Ummey Tahera Sultana ACS

31 32

M. M. Sajedul Islam ACS

A-0378

106 Md. Salahuddin ACS

Md. Hamidul Islam ACS

A-0379

107 Chandan Kumar Kundu ACS

A-0421

Md. Mamun or Rosid ACS

A-0380

108 Tahmina Hossain ACS

A-0422

Md. Zillur Rahman ACS

A-0381

109 Amit Kumar Dey ACS

A-0423

Mahbub-Ul-Anam Khan ACS

A-0382

110 Riajiur Reza Muhammad Faisal ACS

A-0424

Aminul Islam ACS

A-0383

111 Md. Tahidul Amin Mojumder ACS

A-0425

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Towards Development Fund by the Members' of ICSB as on August 31, 2019

112 Dhijen Barua ACS

A-0426

153 Md. Atikul Islam ACS

A-0463

113 S M Rubayet Hossain ACS

A-0427

154 Md. Yeasin Ahmed ACS

A-0464

114 Sarwar Hossain Siddiqi ACS

A-0428

155 Syed Mahmud Hasan ACS

A-0465

115 Gias Uddin ACS

A-0429

156 Md. Atiar Rahman ACS

A-0466

116 Abul Fazal Mohamed Rubayat ACS

A-0430

157 Md. Sahabuddin ACS

A-0467

117 Md. Mohibul Alam ACS

A-0431

158 Mohammed Shakawat Hossain ACS

A-0468

118 Md. Selim Parvez ACS

A-0394

159 Syed Abu Taher ACS

A-0469

119 Md. Ramzan Hossian ACS

A-0432

160 Mohammed Maruf Al Hasnat ACS

A-0470

120 S M Nooruzzaman ACS

A-0433

161 Md. Wahedul Islam ACS

A-0471

121 Al -Mamun ACS

A-0434

162 Md. Forhad Hossain Patwary ACS

A-0472

122 Monirul Islam ACS

A-0435

163 Mamunur Rashid ACS

A-0473

123 Mohammad Mohibur Rahman ACS

A-0436

164 Muhammad Asraful Hossain Khan ACS

A-0475

124 Farjana Haque ACS

A-0393

165 Mohammad Shahalam ACS

A-0474

125 Sanjit Kumar Saha ACS

A-0438

166 Mohammad ShaďŹ qul Islam Bhuiyan ACS

A-0476

126 Rajib Kumar Ghosh ACS

A-0439

167 Sk. Towhedur Rahman ACS

A-0477

127 Jahanara Eva ACS

A-0440

168 Kazi Mohammad Tanvir ACS

A-0478

128 Mohammed Showket Iqbal ACS

A-0441

169 Mir Shariful Bashar ACS

A-0479

129 Raihan Abu Jafar ACS

A-0442

170 Mohammad Golam Kibria ACS

A-0480

130 Md. Einul Haque ACS

A-0443

171 Shahriar Molla ACS

A-0481

131 Md. Shahedul Amin ACS

A-0444

172 Md. Mohsin Reza Khan ACS

A-0482

132 Arifur Rahman ACS

A-0445

173 Md. Abdur Rahman ACS

A-0483

133 Sk. Md. Sarfaraz Hossain ACS

A-0437

174 Mohammad Mahbubur Rahman ACS

A-0484

134 Md. Mokaddess Ali ACS

A-0446

175 Sanjib Baran Roy ACS

A-0485

135 Mahbub Alam ACS

A-0449

176 Md. Saiful Islam ACS

A-0486

136 A B M Lutful Karim ACS

A-0447

177 Mohammad Zaman ACS

A-0487

137 Md. Ayinuddin ACS

A-0448

178 Md. Alauddin Shibly ACS

A-0488

138 Md. Moin Uddin ACS

A-0450

179 S M Shariful Islam ACS

A-0489

139 Mohammed Jasim Uddin ACS

A-0451

180 Mohammad Nurul Alam ACS

A-0490

140 Rajan Kumer Saha ACS

A-0452

181 Md. Anwar Hossain ACS

A-0491

141 Md. Nuruddin Jongi ACS

A-0453

182 Md. Shahinur Kabir ACS

A-0492

142 Md. Abdul Alim Khan ACS

A-0454

183 Md. Raziur Rahman ACS

A-0493

143 Sharif Dilnewez Hossain ACS

A-0455

184 Md. Aminul Islam ACS

A-0494

144 Md. Jasim Uddin ACS

A-0456

185 Benoy Paul ACS

A-0495

145 Shahedul Azam ACS

A-0457

186 Mohammad Salah Uddin ACS

A-0496

146 Md. Enamul Haq ACS

A-0458

187 Mohammad Ariful Islam ACS

A-0497

147 Md. Shahidur Rahman ACS

A-0459

188 Md. Kamrul Hasan Chowdhury ACS

A-0498

148 Md. Kawsar Habib ACS

A-0460

189 Md. Arif Uddin ACS

A-0499

149 Md. Hayder Harun-ur-Rashid Khan ACS

A-0461

190 Md. Firog Ahmed ACS

A-0500

150 Anindya Sarkar ACS

A-0303

191 Sajal Kumar Bala ACS

A-0501

151 Mohammad Sarwar Jahan Tarafder ACS

A-0209

192 Mohammad Salah Uddin ACS

A-0502

152 Munshi Abu Naim ACS

A-0462

193 Kazi Mazbah Uddin ACS

A-0503

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Towards Development Fund by the Members' of ICSB as on August 31, 2019

194 Md. Shahzahan Kabir ACS

A-0504

218 Iftekharul Islam ACS

A-0528

195 Md. Noor-Ul -Alam ACS

A-0505

219 Md. Mahbub Mofazzal ACS

A-0529

196 Mohammad Jasim Uddin ACS

A-0506

220 Nurul Hasanat Jilani ACS

A-0530

197 Hubert Boidya ACS

A-0507

221 Md. Aminul Islam ACS

A-0531

198 Md. Nazmul Hasan ACS

A-0508

222 Md. Anowar Hossain ACS

A-0532

199 Md. Sazzad Hossain Talukder ACS

A-0509

223 Sonjoy Maitra ACS

A-0533

200 Md. Mozahidul Islam ACS

A-0510

224 Md. Imran Hossain Kabir ACS

A-0534

201 Muhammad Ruhul Amin ACS

A-0511

225 Sweety Akhter ACS

A-0535

202 Md. Shamim Hossain ACS

A-0512

226 Partha Kumar Saha ACS

A-0536

203 Mohammad Tanvirul Islam Bhuyan ACS

A-0513

227 Nabadip Roy ACS

A-0537

204 Md. Abdul Majid ACS

A-0514

228 Md. Oliur Rahman ACS

A-0538

205 Sukomal Chakraborty ACS

A-0515

229 Md. Abdur Rob ACS

A-0539

206 Mohammad Rasel ACS

A-0516

230 Sheikh Azizul Haque ACS

A-0540

207 Md. Rajibul Areﬁn ACS

A-0517

231 Mohammed Quamruzzaman Khan ACS

A-0541

208 Mohammad Sohel Amin ACS

A-0518

232 Sujan Kumar Nath ACS

A-0542

209 Suman Das ACS

A-0519

233 Md. Didarul Islam Parves ACS

A-0543

210 Sujan Biswas ACS

A-0520

234 Mohammad Nuruzzaman ACS

A-0544

211 Mohammad Nazrul Islam ACS

A-0521

235 Md. Ahasan Habib ACS

A-0545

212 Md. Abu Saeed ACS

A-0522

236 Md. Mominur Rahman ACS

A-0546

213 M. Mazedul Islam ACS

A-0523

237 Md. Mamun Hossain ACS

A-0547

214 Mohammad Abir Islam ACS

A-0524

238 Sajal Kumer Talukder ACS

A-0548

215 Mohammad Sohel Rana ACS

A-0525

239 Md. Shaﬁqul Islam ACS

A-0549

216 Md. Mijanur Rahman ACS

A-0526

240 Md. A. Halim Sarker ACS

A-0197

217 Md. Abdur Rahman Rony ACS

A-0527

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Received Towards ICSB Members Benevolent Fund as on August 31, 2019

Council Members :

Muhammad Shahidul Islam FCS

F-0142

Mohammad Sanaullah FCS

F-0004

Syed Moniruzzaman FCS

F-0141

Mohammad Nurul Alam FCS

F-0095

S. M. Hedaitul Islam FCS

F-0143

Md. Azizur Rahman FCS

F-0063

J.Q. M. Habibullah FCS

F-0129

Mohammad Asad Ullah FCS

F-0025

Masih Malik Chowdhury FCS

F-0031

A.T.M. Tahmiduzzaman FCS

F-0156

Sheema Abed Rahman FCS

F-0064

Mohammad Bul Hassan FCS

F-0113

M. Shaﬁqul Alam FCS

F-0076

Itrat Husain FCS

F-0009

Mansur Alam FCS

F-0040

M. Naseemul Hye FCS

F-0056

Md. Raﬁqul Islam FCS

F-0028

Md. Shahid Farooqui FCS

F-0037

Mohammad Shafquat Zubair FCS

F-0122

Md. Selim Reza FCS

F-0067

Md. Nazrul Islam FCS

F-0154

Hossain Sadat FCS

F-0105

Md. Mokammel Hoque FCS

F-0178

Salim Ahmed FCS

F-0119

S.M. Mahabub Islam FCS

F-0157

Nanda Gopal Chakraborty FCS

F-0013

Mohammed Mashir Alam FCS

F-0077

Md. Monirul Alam FCS

F-0069

Sheikh Khaled Zahir FCS

F-0155

Nazmul Karim FCS

F-0085

Mohamamd Monirul Islam FCS

F-0159

Gopal Chandra Debnath FCS

F-0114

Santanu Saha FCS

F-0161

A. K. M. Mushﬁqur Rahman FCS

F-0097

Md. Mizanur Rahman FCS

F-0166

Mohammad Ruhan Miah FCS

F-0165

Md. Abedur Rahman FCS

F-0164

Fellow Members : 01

Mintu Kumar Das FCS

F-0153

Md. Mizanur Rahman FCS

F-0167

Jashim Uddin FCS

F-0123

Md. Zasim Uddin FCS

F-0163

Md. Abdul Haque Sarder FCS

F-0093

Mohammad Zubair Uddin Bhuiyan FCS

F-0162

Mohammad Obaydur Rahman FCS

F-0109

Lorens Shamol Mollick FCS

F-0168

A.K.M. Haruner Rashid FCS

F-0102

Md. Sarwar Kamal FCS

F-0169

Saiful Alam FCS

F-0158

Shahjahan Kabir FCS

F-0170

Md. Siddiqur Rahman FCS

F-0006

Md. Arif Hossain FCS

F-0171

A.F.M. Nazrul Islam FCS

F-0172

Khalid Mohommad Sharif FCS

F-0173

Kazi Atiqur Rahman FCS

F-0108

Md. Saiful Islam Chowdhury FCS

F-0174

Muhammed Abul Hashem FCS

F-0011

Muhammad Rajibul Hasan FCS

F-0175

Shaikh Mohammadullah FCS

F-0049

Md. Humayun Kabir FCS

F-0177

A. K. M. Kamrul Islam FCS

F-0050

Mohammad Asadur Rahman FCS

F-0176

Nur-e-Alam FCS

F-0116

Md. Raﬁqul Islam FCS

F-0179

A. K. M. Abu Ashraf FCS

F-0107

Dr. Saleh Ahmed Bhuiyan FCS

F-0045

Md. Munirul Hoque FCS

F-0160

Md. Riajul Hoque Sikder FCS

F-0180

Manzurul Ahsan FCS

F-0118

Md. Mizanur Rahman FCS

F-0182

Md. Zahangir Alam Manik FCS

F-0148

Swapan Kumar Chakraborty FCS

F-0193

Prof. Dr. Feroz Iqbal Faruque FCS

F-0030

Md. Shahidul Islam FCS

F-0184

S. Abdur Rashid FCS

F-0104

Mohammed Ashfaqul Hoque FCS

F-0185

Mohammad Ali Bostame FCS

F-0145

Hossain Ahmed Bhuiyan FCS

F-0181

Dipankar Chandra Ghosh FCS

F-0147

Jayanta Kumer Podder FCS

F-0183

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Received Towards ICSB Members Benevolent Fund as on August 31, 2019

Md. Abu Sukkur FCS

F-0186

104 Md. Sharif Hasan FCS

F-0220

Masudur Rahman Bhuiyan FCS

F-0187

105 Shantanu Debnath FCS

F-0221

Mahbub Iqbal Morshed FCS

F-0192

106 Md. Zaker Rahmatullah FCS

F-0222

Uttam Kumar Saha FCS

F-0188

107 Shyamal Shikder FCS

F-0223

Md. Saiful Islam FCS

F-0189

108 Md. Mahbubur Rahman FCS

F-0225

Md. Shaﬁqur Rahman FCS

F-0190

109 Mokeshudey Alahi Mazumder FCS

F-0226

Mohammad Iqbal Chowdhury FCS

F-0191

110 Sushanta Kumar Paul FCS

F-0227

Darul Awam Tuhin FCS

F-0196

111 Md. Monir Hossain FCS

F-0228

Mohammad Jafar Ali FCS

F-0197

112 Md. Rabiul Alam FCS

F-0229

Md. Shahidul Islam FCS

F-0194

113 Md. Robiul Islam FCS

F-0230

Tauhidul Islam FCS

F-0195

114 Md. Salim Reza FCS

F-0231

Md. Abdus Salam Khan FCS

F-0060

115 Md. Asraful Islam FCS

F-0232

Muzaffar Ahmed FCS

F-0001

116 Oli Kamal FCS

F-0128

Swadesh Ranjan Saha FCS

F-0047

Md. Mushtaque Ahmed FCS

F-0014

Associate Members:

Rajib Saha FCS

F-0198

Mohammad Ashrafuddin Chowdhury ACS

A-0290

A F Nesar Uddin FCS

F-0042

Md. Saﬁr Uddin ACS

A-0009

Md. Kamrul Hasan FCS

F-0199

Mohammad Khasru Noman ACS

A-0261

Jasmin Akter FCS

F-0200

Mohammad Harun-Ar-Rashid ACS

A-0318

Md. Monirul Islam Khan FCS

F-0201

Md. Muniruzzaman ACS

A-0319

Abdulla -Al -Mahmud FCS

F-0111

Mohammad Shahidul Islam ACS

A-0320

Md. Mozharul Islam FCS

F-0124

AKM Rashidul Hasan ACS

A-0321

Md. Zillur Rahman FCS

F-0202

Arif Abdut Towab ACS

A-0322

Shahadat Hossain Chowdhury FCS

F-0203

Md. Atiqur Rahman ACS

A-0323

Muhammmad Aminur Rahman FCS

F-0204

Sunita Barua ACS

A-0326

Mohammad Mahtab Uddin FCS

F-0205

Mohammad Asaduzzaman ACS

A-0324

A. S. M. Sayem FCS

F-0206

Prodip Lal Bhowmick ACS

A-0325

Masuda Sultana FCS

F-0207

Mohammad Emarot Hossain ACS

A-0336

Sayed Amimul Ihsan FCS

F-0208

Mahamudhul Hasan ACS

A-0327

Md. Raﬁqul Islam Khan FCS

F-0209

Muhammad Shamsul Islam ACS

A-0328

Md. Shiful Islam FCS

F-0224

Muhammad Anowarul Kibria ACS

A-0329

Md. Abu Sayeem FCS

F-0210

Khandakar Taslima Rahman ACS

A-0342

Syed Mohammad Nasim FCS

F-0211

Shariar-Al-Mamun ACS

A-0335

Khondakar Nasir Uddin Mahmud FCS

F-0212

Khandker Abu Jafar Sadique ACS

A-0341

Md. Zakir Hossain FCS

F-0213

Babul Meah ACS

A-0338

Mohammad Firoz Khan FCS

F-0214

Ummey Tahera Sultana ACS

A-0337

Mostaﬁzur Rahman FCS

F-0215

Md. Mehadi Hasan Mazumder ACS

A-0343

100 Md. Jahidul Islam FCS

F-0216

Md. Shamibur Rahman ACS

A-0344

101 Mohammad Mostaﬁzur Rahman FCS

F-0217

Dr. Md. Rashedul Azim ACS

A-0345

102 Muhammad Abu Bakar Siddique FCS

F-0218

Malik Muntasir Reza ACS

A-0346

103 Mohummod Tareq Hosen Mozumder FCS

F-0219

Uttam Kumar Dey ACS

A-0347

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Received Towards ICSB Members Benevolent Fund as on August 31, 2019

Bimal Chandra Roy ACS

A-0348

Md. Atiqul Islam ACS

A-0389

Nayamul Hoque ACS

A-0349

Md. Enayet Rabbani Chowdhury ACS

A-0390

Santush Chandra Sarker ACS

A-0350

Mohammad Zafar Ullah ACS

A-0391

Md. Mijanur Rahman ACS

A-0351

Hadisul Alam ACS

A-0392

Forhad Hossain Khandaker ACS

A-0352

Md. Jahangir Alam ACS

A-0395

Md. Ismail Hossain ACS

A-0353

Md. Delowar Hossain ACS

A-0396

F R M Rashedul Hasan ACS

A-0354

Rashed Mahmud Bhuiyan ACS

A-0397

Quazi Sabnam ACS

A-0356

Md. Abu Musa ACS

A-0398

Asadullah Mahmud ACS

A-0355

Shyamal Chandra Nath ACS

A-0399

Md. Mamunur Rashid ACS

A-0357

Md. Alauddin ACS

A-0400

Mohammad Jaman Khan ACS

A-0358

Farzana Kashem ACS

A-0401

Mohammad Kamruzzaman ACS

A-0359

Mohammad Mahfuz Alam ACS

A-0402

Krishna Kumar Sarma ACS

A-0361

Md. Omar Faruque ACS

A-0403

Md. Jamilur Rahman ACS

A-0362

Abu Syed Md. Nahid ACS

A-0404

Md. Warisur Rahman ACS

A-0363

Faruk Mia ACS

A-0405

Mahmod Hossan Belali ACS

A-0364

Al Helal Md. Moudud Ahammed ACS

A-0406

Md. Abdul Aziz ACS

A-0365

Mohammad Samsul Haque ACS

A-0407

Tofael Ahmed Mazumder ACS

A-0366

Anupom Kumer Ghosh ACS

A-0408

Md. Obaidur Rahman ACS

A-0367

Mohammad Mosaddaque ACS

A-0409

Kazi Hasan Mahamud ACS

A-0368

Md. Ahmadul Haque ACS

A-0410

Md. Jaber Parvez ACS

A-0369

Md. Alam Sarder ACS

A-0411

Md. Nazrul Islam Chowdhury ACS

A-0370

Mithun Chandra Singha ACS

A-0412

Hasan Tarek ACS

A-0371

Ripon Chandra Mazumder ACS

A-0413

Nasir Uddin ACS

A-0372

Md. Moshihor Rahman ACS

A-0414

Md. Rakibul Hasan ACS

A-0373

Md. Israil Hossain ACS

A-0415

Imam Hossan ACS

A-0374

Mohammad Zahirul Islam ACS

A-0416

Abu Jafar Ali ACS

A-0375

Khalilur Rahman ACS

A-0417

Zannat Afza Usha ACS

A-0376

Bibhuti Bhusan Sarker ACS

A-0418

Mohammad Mostafa Hossain Suman ACS

A-0377

Md. ShaďŹ qul Alam ACS

A-0419

M. M. Sajedul Islam ACS

A-0378

Md. Salahuddin ACS

A-0420

Md. Hamidul Islam ACS

A-0379

Chandan Kumar Kundu ACS

A-0421

Md. Mamun or Rosid ACS

A-0380

Tahmina Hossain ACS

A-0422

Md. Zillur Rahman ACS

A-0381

100 Amit Kurmar Dey ACS

A-0423

Mahbub-Ul-Anam Khan ACS

A-0382

101 Riajur Reza Muhammad Faisal ACS

A-0424

Aminul Islam ACS

A-0383

102 Md. Tahidul Amin Mojumder ACS

A-0425 A-0426

Mohiuddin Siddique ACS

A-0384

103 Dhijen Barua ACS

Mohammed Ashraful Anowar ACS

A-0385

104 S M Rubayet Hossain ACS

A-0427

Md. Mustafa Kamal ACS

A-0386

105 Sarwar Hossain Siddiqi ACS

A-0428

Mohammed Saifullah ACS

A-0360

106 Gias Uddin ACS

A-0429

Md. Asad Hossen ACS

A-0387

107 Abul Fazal Mohamed Rubayat ACS

A-0430

Md. Golam Rabbani Akondo Rocky ACS

A-0388

108 Md. Mohibul Alam ACS

A-0431

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Received Towards ICSB Members Benevolent Fund as on August 31, 2019

109 Md. Selim Parvez ACS

A-0394

150 Md. Wahedul Islam ACS

A-0471

110 Md. Ramzan Hossain ACS

A-0432

151 Md. Forhad Hossain Patwary ACS

A-0472

111 S. M. Nooruzzaman ACS

A-0433

152 Mamunur Rashid ACS

A-0473

112 Al-Mamun ACS

A-0434

153 Muhammad Asraful Hossian Khan ACS

A-0475

113 Monirul Islam ACS

A-0435

154 Mohammad Shahalam ACS

A-0474

114 Mohammad Mohibur Rahaman ACS

A-0436

155 Mohammad ShaďŹ qul Islam Bhuiyan ACS

A-0476

115 Farjana Haque ACS

A-0393

156 Sk. Towhedur Rahman ACS

A-0477

116 Sanjit Kumar Saha ACS

A-0438

157 Kazi Mohammad Tanvir ACS

A-0478

117 Rajib Kumar Ghosh ACS

A-0439

158 Mir Shariful Bashar ACS

A-0479

118 Jahanara Eva ACS

A-0440

159 Mohammad Golam Kibria ACS

A-0480

119 Mohammed Showket Iqbal ACS

A-0441

160 Md. Nazmul Haque ACS

A-0308

120 Raihan Abu Jafar ACS

A-0442

161 Shahriar Molla ACS

A-0481

121 Md. Einul Haque ACS

A-0443

162 Md. Mohsin Reza Khan ACS

A-0482

122 Md. Shahedul Amin ACS

A-0444

163 Md. Abdur Rahman ACS

A-0483

123 Arifur Rahman ACS

A-0445

164 Mohammad Mahbubur Rahman ACS

A-0484

124 Sk. Md. Sarfaraz Hossain ACS

A-0437

165 Sanjib Baran Roy ACS

A-0485

125 Md. Mokaddess Ali ACS

A-0446

166 Md. Saiful Islam ACS

A-0486

126 Mahbub Alam ACS

A-0449

167 Mohammad Zaman ACS

A-0487

127 A. B. M. Lutful Karim ACS

A-0447

168 Md. Alauddin Shibly ACS

A-0488

128 Md. Ayinuddin ACS

A-0448

169 S. M. Shariful Islam ACS

A-0489

129 Md. Moin Uddin ACS

A-0450

170 Mohammad Nurul Alam ACS

A-0490

130 Mohammed Jasim Uddin ACS

A-0451

171 Md. Anwar Hossain ACS

A-0491

131 Rajan Kumer Saha ACS

A-0452

172 Md. Shahinur Kabir ACS

A-0492

132 Md. Nuruddin Jongi ACS

A-0453

173 Md. Raziur Rahman ACS

A-0493

133 Md. Abdul Alim Khan ACS

A-0454

174 Md. Aminul Islam ACS

A-0494

134 Sharif Dilnewez Hossain ACS

A-0455

175 Benoy Paul ACS

A-0495

135 Md. Jasim Uddin ACS

A-0456

176 Mohammad Salah Uddin ACS

A-0496

136 Shahedul Azam ACS

A-0457

177 Mohammad Ariful Islam ACS

A-0497

137 Md. Enamul Haq ACS

A-0458

178 Md. Kamrul Hasan Chowdhury ACS

A-0498

138 Md. Shahidur Rahman ACS

A-0459

179 Mohammad Sarwar Jahan Tarafder ACS

A-0209

139 Md. Kawsar Habib ACS

A-0460

180 Md. Arif Uddin ACS

A-0499

140 Md. Hayder Harun-ur-Rashid Khan ACS

A-0461

181 Md. Firog Ahmed ACS

A-0500

141 Munshi Abu Naim ACS

A-0462

182 Sajal Kumar Bala ACS

A-0501

142 Md. Atikul Islam ACS

A-0463

183 Mohammad Salah Uddin ACS

A-0502

143 Md. Yeasin Ahmed ACS

A-0464

184 Kazi Mazbah Uddin ACS

A-0503

144 Syed Mahmud Hasan ACS

A-0465

185 Md. Shahzahan Kabir ACS

A-0504

145 Md. Atiar Rahman ACS

A-0466

186 Md. Noor-ul - Alam ACS

A-0505

146 Md. Sahabuddin ACS

A-0467

187 Mohammad Jasim Uddin ACS

A-0506

147 Mohammed Shakawat Hossain ACS

A-0468

188 Hubert Boidya ACS

A-0507

148 Syed Abu Taher ACS

A-0469

189 Md. Nazmul Hasan ACS

A-0508

149 Mohammed Maruf Al Hasnat ACS

A-0470

190 Md. Sazzad Hossain Talukder ACS

A-0509

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution Received Towards ICSB Members Benevolent Fund as on August 31, 2019

191 Md. Mozahidul Islam ACS

A-0510

211 Md. Anowar Hossain ACS

A-0532

192 Muhammad Ruhul Amin ACS

A-0511

212 Nurul Hasanat Jilani ACS

A-0530

193 Md. Shamim Hossain ACS

A-0512

213 Md. Aminul Islam ACS

A-0531

194 Mohammad Tanvirul Islam Bhuyan ACS

A-0513

214 Sonjoy Maitra ACS

A-0533

195 Md. Abdul Majid ACS

A-0514

215 Md. Imran Hossain Kabir ACS

A-0534

196 Sukomal Chakraborty ACS

A-0515

216 Sweety Akhter ACS

A-0535

197 Mohammad Rasel ACS

A-0516

217 Partha Kumar Saha ACS

A-0536

198 Md. Rajibul Areﬁn ACS

A-0517

218 Nabadip Roy ACS

A-0537

199 Mohammad Sohel Amin ACS

A-0518

219 Md. Oliur Rahman ACS

A-0538

200 Suman Das ACS

A-0519

220 Md. Abdur Rob ACS

A-0539

201 Sujan Biswas ACS

A-0520

221 Sheikh Azizul Haque ACS

A-0540

202 Mohammad Nazrul Islam ACS

A-0521

222 Mohammed Quamruzzaman Khan ACS

A-0541

203 Md. Abu Saeed ACS

A-0522

223 Sujan Kumar Nath ACS

A-0542

204 M. Mazedul Islam ACS

A-0523

224 Md. Didarul Islam Parves ACS

A-0543

205 Mohammad Abir Islam ACS

A-0524

225 Mohammad Nuruzzaman ACS

A-0544

206 Mohammad Sohel Rana ACS

A-0525

226 Md. Ahasan Habib ACS

A-0545

207 Md. Mijanur Rahman ACS

A-0526

227 Md. Mominur Rahman ACS

A-0546

208 Md. Abdur Rahman Rony ACS

A-0527

228 Md. Mamun Hossain ACS

A-0547

209 Iftekharul Islam ACS

A-0528

229 Sajal Kumer Talukder ACS

A-0548

210 Md. Mahbub Mofazzal ACS

A-0529

230 Md. Shaﬁqul Islam ACS

A-0549

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 ANNEXURE - I

Institute of Chartered Secretaries of Bangladesh (ICSB) COUNCIL MEETING ATTENDENCE

3rd Council (January 1, 2018 to August 31, 2019) 2018 Sl. No.

Name of the Council Members

Total Number of Meetings

2019 No. of Meetings Attended

Total Number of Meetings

No. of Meetings Attended

Mohammad Sanaullah FCS

Saﬁar Rahman FCS

Md. Selim Reza FCS

Nazmul Karim FCS

Mohammad Asad Ullah FCS

Itrat Husain FCS

Md. Shahid Farooqui FCS

Md. Azizur Rahman FCS

A.K.M Mushﬁqur Rahman FCS

Mohammad Bul Hassan FCS

Gopal Chandra Debnath FCS

Md. Anwar Hossain Chowdhury FCS

Salim Ahmed FCS

Munshi Shaﬁul Haque Additional Secretary, MoC, GoB

Pranesh Ranjan Sutradhar, Additional Secretary, MoC, GoB

Mohammad Abu Faruque Additional Secretary, MoF, GoB

Mohammad Manzarul Mannan Join Secretary, MoF, GoB

Nasreen Begum Additional Secretary, MLJ&PA, GoB

Dr. Mohammad Mohiuddin Joint Secretary, MLJ&PA, GoB

Prof. Md. Helal Uddin Nizami Commissioner, BSEC

Khondoker Kamaluzzaman Commissioner, BSEC

Md. Mosharraf Hossain, Registrar (Additional Secretary), RJSC&F, GoB

Md. Zakir Hossain, Registrar (Additional Secretary), RJSC&F, GoB

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 ANNEXURE - II

Institute of Chartered Secretaries of Bangladesh (ICSB) STANDING COMMITTEES MEETING ATTENDENCE 3rd Council (January 1, 2018 to December 31, 2018)

Executive Committee

Sl. No.

Name of the Members

Total Number of Meetings

No. of Meetings Attended

1 2 3 4 5 6 7 8

Mohammad Sanaullah FCS Saﬁar Rahman FCS Md. Selim Reza FCS Nazmul Karim FCS Mohammad Asad Ullah FCS Mohammad Bul Hassan FCS Munshi Shaﬁul Haque, Additional Secretary, MoC, GoB Pranesh Ranjan Sutradhar, Additional Secretary, MoC, GoB

9 2 9 9 9 7 6 3

9 2 9 9 7 7 4 -

Total Number of Meetings

No. of Meetings Attended 4 4 4 4 2

Membership & Registration Committee

Sl. No.

1 2 3 4 5 6

Md. Shahid Farooqui FCS Mohammad Asad Ullah FCS Md. Azizur Rahman FCS A.K.M Mushﬁqur Rahman FCS Gopal Chandra Debnath FCS Nasreen Begum, Additional Secretary, MLJ&PA, GoB

4 4 4 4 4 3

Dr. Mohammad Mohiuddin, Joint Secretary, MLJ&PA, GoB

Total Number of Meetings

No. of Meetings Attended

Education Committee

Sl. No.

Name of the Members

1 2 3 4 5

Saﬁar Rahman FCS Mohammad Sanaullah FCS Md. Selim Reza FCS Mohammad Bul Hassan FCS Md. Azizur Rahman FCS

5 5 5 5 5

5 5 5 4 -

Prof. Md. Helal Uddin Nizami, Commissioner, BSEC

Khondoker Kamaluzzaman, Commissioner, BSEC

Examination Committee

Sl. No.

Name of the Members

Total Number of Meetings

No. of Meetings Attended

1 2 3 4 5 6 7

Md. Anwar Hossain Chowdhury FCS Mohammad Bul Hassan FCS Itrat Husain FCS Gopal Chandra Debnath FCS Salim Ahmed FCS Md. Mosharraf Hossain, Registrar, Additional Secretary, RJSC&F Md. Zakir Hossain, Registrar, Additional Secretary, RJSC&F

8 8 8 8 8 5 3

8 7 1 8 8 1

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 ANNEXURE - II

Institute of Chartered Secretaries of Bangladesh (ICSB) STANDING COMMITTEES MEETING ATTENDANCE 3rd Council (January 1, 2018 to December 31, 2018)

Research & Development Committee Sl. No.

Name of the Members

Total Number of Meetings

Attended

Mohammad Asad Ullah FCS

Saﬁar Rahman FCS

Md. Selim Reza FCS

Nazmul Karim FCS

Md. Anwar Hossain Chowdhury FCS

Khondoker Kamaluzzaman, Commissioner, BSEC

Disciplinary Committee Sl. No.

Name of the Members

Total Number of Meetings

Attended

A.K.M Mushﬁqur Rahman FCS

Mohammad Sanaullah FCS

Nazmul Karim FCS

Md. Shahid Farooqui FCS

Salim Ahmed FCS

Nasreen Begum, Additional Secretary, MLJ&PA, GoB

Audit Committee

Sl. No.

Name of the Members

Total Number of Meetings

Attended

Md. Azizur Rahman FCS

Itrat Husain FCS

Md. Shahid Farooqui FCS

A.K.M Mushﬁqur Rahman FCS

Gopal Chandra Debnath FCS

Salim Ahmed FCS

Corporate Governance Committee Sl. No.

Name of the Members

Total Number of Meetings

Attended

Itrat Husain FCS

Md. Selim Reza FCS

Mohammad Bul Hassan FCS

Gopal Chandra Debnath FCS

Md. Anwar Hossain Chowdhury FCS

Mohammad Abu Faruque, Additional Secretary, MoF, GoB

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018

F-0012 Anwarul Afzal

A-0003 Md. Anwarul Islam Khan

A-0049 Mafiz Uddin Ahmed

A-0060 Md. Abul Khair

H-0003 Advocate Lutful Hye

F-0051 Md. Muzammel Haque

F-0002 M. S. Alam Mia

F-0016 Prof. Shafiqul Islam Khan

A-0009 Md. Safir Uddin

F-0028 Md. Raiqul Islam

F-0092 Muhammed Abul Khair

F-0065 Abul Khair Chowdhury

F-0007 Md. Saiduzzaman

F-0071 Md. Ibrahim Khalil

Institute of Chartered Secretaries of Bangladesh (ICSB)

FINANCIAL STATEMENTS 2018

2018 Chartered Accountants

Since 1953

Gulshan Pink City Suites # 01-03, Level : 7, Plot # 15, Road # 103 Gulshan Avenue, Dhaka - 1212, Bangladesh

Phone : 880-2-8881824-6 Fax : 880-2-8881822 E-mail : a.qasem@bd.ey.com

Independent Auditor's Report To the shareholders of Institute of Chartered Secretaries of Bangladesh (ICSB) Report on the Audit of the Financial Statements Opinion We have audited the financial statements of Institute of Chartered Secretaries of Bangladesh (ICSB) (the “Institute”), which comprise the statement of financial position as at 31 December 2018, and the statement of profit or loss and other comprehensive income, statement of changes in fund and statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies. In our opinion, the financial statements of the Institute give a true and fair view of the statement of financial position as at 31 December 2018, and of its statement of profit or loss and other comprehensive income, statement of changes in fund and its statement of cash flows for the year then ended in accordance with International Financial Reporting Standards (IFRSs) as explained in note 2.3 and comply with other applicable laws and regulations. Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (ISAs). Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the financial statements section of our report. We are independent of the Institute in accordance with the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants (IESBA Code), the rules and regulations issued by the Bangladesh Securities and Exchange Commission (BSEC) and we have fulfilled other ethical responsibilities in accordance with IESBA code and the Institute of Chartered Accountants of Bangladesh (ICAB) Bye-Laws. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Other Information Management is responsible for the other information. The other information comprises all of the information in the annual report other than the consolidated and separate financial statements and our auditor’s report thereon. The annual report is expected to be made available to us after the date of this auditor’s report. Our opinion on the consolidated and separate financial statements does not cover other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information identified above when it becomes available and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report the fact. We have nothing to report in this regard. Responsibilities of management and those charged with governance for the financial statements and internal controls Management is responsible for the preparation and fair presentation of the financial statements in accordance with IFRSs as explained in note 2.3, other applicable laws and regulations and comply with and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Institute’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Institute or to cease operations, or has no realistic alternative but to do so. Those charged with governance are responsible for overseeing the Institute’s financial reporting process.

A member ﬁrm of Ernst & Young Global Limited EY refers to the global organization, and/or one or more of the independent member ﬁrms of Ernst & Young Global Limited

Institute of Chartered Secretaries of Bangladesh (ICSB)

Buildinga better working world

2018 Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with ISAs, we exercise professional judgement and maintain professional skepticism throughout the audit. We also: •

Identify and assess the risks of material misstatement of the ﬁnancial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufﬁcient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

•

Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances.

•

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

•

Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast signiﬁcant doubt on the Institute’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the consolidated and separate ﬁnancial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group and the Bank to cease to continue as a going concern.

•

Evaluate the overall presentation, structure and content of the ﬁnancial statements, including the disclosures, and whether the ﬁnancial statements represent the underlying transactions and events in a manner that achieves fair presentation.

•

Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Institute to express an opinion on the financial statements. We are responsible for the direction, supervision and performance of the Institute’s audit. We remain solely responsible for our audit opinion.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditor’s report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication. Other matter The financial statements of Institute of Chartered Secretaries of Bangladesh (ICSB) for the year ended 31 December 2017 were audited by ACNABIN, Chartered Accountants and issued an opinion on 25 July 2018.

Dated, Dhaka 04 August 2019

A. Qasem & Co. Chartered Accountants Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Statement of Financial Position As at 31 December 2018 Notes

2018 BDT

2017 BDT

Assets Non-current assets Property, plant & equipment

128,559,328

128,335,662

Current assets Cash and cash equivalents Accounts receivables Advance, deposits and prepayments Short term investment (FDR)

05 06 07 08

28,798,630 1,350,392 650,129 2,355,695 24,442,414

32,668,989 2,734,552 1,482,903 2,273,195 26,178,339

157,357,958

161,004,651

09 10 11

76,570,087 76,315,899 19,500 234,688

71,506,492 71,212,028 19,500 274,964

Non-current liabilities Provision for employees gratuity fund Term loan

12 13.1

68,795,652 4,928,860 63,866,792

76,519,412 4,448,800 72,070,612

Current liabilities Term loan-current payable Subscription received in advance Provision for expenses Accounts payable

13.2 14 15 16

11,992,219 7,710,048 210,396 2,000,000 2,071,775

12,978,747 7,320,596 558,596 2,000,000 3,099,555

157,357,958

161,004,651

Total assets Fund and liabilities Fund and surplus Reserve and surplus Capital fund Donation

Total fund and liabilities

The annexed notes from an integral part of these ďŹ nancial statements For and on behalf of the Council

Md. Shamibur Rahman ACS Secretary in Charge

Nazmul Karim FCS Treasurer

Mohammad Sanaullah FCS President

Signed as per the annexed report of the same date.

Dated, Dhaka 04 August 2019

Institute of Chartered Secretaries of Bangladesh (ICSB)

A. Qasem & Co. Chartered Accountants

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Statement of Profit or Loss and Other Comprehensive Income For the year ended 31 December 2018 Operating income

2018 BDT

Notes

Fees from members Fees from students Training and workshop Publication Interest on short term investment (FDR) Government grant Other income National award for corporate governance excellence National convention and convocation 20th anniversary celebration of ICSB

2017 BDT

17 18 19 20 21 22 23 24 25 26

4,496,689 17,243,575 710,000 346,921 1,863,615 22,932,000 877,443 9,619,000 58,089,243

3,868,200 22,366,550 907,705 442,611 1,418,269 20,183,000 781,939 5,415,000 2,268,000 57,651,274

27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43

11,299,982 10,707,324 4,229,652 878,000 360,054 2,578,481 5,203,576 10,000 1,413,626 737,700 115,000 5,205,371 1,297,949 634,507 140,000 7,424,835 749,315 52,985,372 5,103,871 58,089,243

9,936,920 10,220,622 3,957,354 822,000 513,541 3,949,642 100,780 1,541,763 618,015 115,000 4,630,893 2,629,275 890,274 611,407 8,829,404 728,285 50,095,175 7,556,099 57,651,274

Operating expenditure Salary and allowances OfďŹ ce rent Education Meeting attendance fees Training and workshop National convention and convocation National award for corporate governance excellence Legal and professional fees Examination Publication Audit fees General & administrative 20th anniversary celebration of ICSB Workshop & seminar International relations Write-off Interest-term loan (Annexure-D) Depreciation (Annexure-A) Excess of income over expenditure

The annexed notes from an integral part of these ďŹ nancial statements For and on behalf of the Council

Md. Shamibur Rahman ACS Secretary in Charge

Nazmul Karim FCS Treasurer

Mohammad Sanaullah FCS President

Signed as per the annexed report of the same date. Dated, Dhaka 04 August 2019

A. Qasem & Co. Chartered Accountants

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Statement of Changes in Fund For the year ended 31 December 2018 Amount in BDT Particulars Balance as at 01 January 2018

Capital fund

Reserve and surplus

Total fund

19,500

71,212,028

71,231,528

5,103,871

Balance as at 31 December 2018

19,500

76,315,899

76,335,399

Balance as at 01 January 2017

19,500

63,655,929

63,675,429

7,556,099

19,500

71,212,028

71,231,528

Excess of income over expenditure for the year

Excess of income over expenditure for the year Balance as at 31 December 2017

The annexed notes from an integral part of these ďŹ nancial statements For and on behalf of the Council

Md. Shamibur Rahman ACS Secretary in Charge

Nazmul Karim FCS Treasurer

Mohammad Sanaullah FCS President

Signed as per the annexed report of the same date.

Dated, Dhaka 04 August 2019

Institute of Chartered Secretaries of Bangladesh (ICSB)

A. Qasem & Co. Chartered Accountants

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Statement of Cash Flows For the year ended 31 December 2018 2018 BDT

2017 BDT

A. Cash flows from operating activities Cash received from members, students, government and other sources Cash paid to suppliers and employees Net cash flows from operating activities (A)

58,839,517 (52,782,801) 6,056,716

45,527,314 (37,029,753) 8,497,561

(972,981) 1,735,925 762,944

(689,403) (1,194,636) (1,884,039)

(8,203,820) (8,203,820)

(7,320,596) (7,320,596)

(1,384,160) 2,734,552 1,350,392

(707,074) 3,441,626 2,734,552

B. Cash flows from investing activities Acquisition of property, plant & equipment FDR investment (including reinvested interest) Encashment of FDR investment Net Cash from/(used in) investment activities (B) C. Cash flows from financing activities Term loan Net cash flows from financing activities (C) D. Net Increase/(decrease) in cash & cash equivalents (A+B+C) E. Cash and cash equivalent at the beginning of the year F. Cash and cash equivalents at the end of the year (D-E)

The annexed notes from an integral part of these ďŹ nancial statements For and on behalf of the Council

Md. Shamibur Rahman ACS Secretary in Charge

Nazmul Karim FCS Treasurer

Mohammad Sanaullah FCS President

Signed as per the annexed report of the same date.

Dated, Dhaka 04 August 2019

A. Qasem & Co. Chartered Accountants

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Institute of Chartered Secretaries of Bangladesh (ICSB) Notes to the Financial Statements For the year ended 31 December 2018 1

About the Institute Institute of Chartered Secretaries of Bangladesh (ICSB), established under an Act of Parliament i.e. Chartered Secretaries Act, 2010, is the only recognized professional body in Bangladesh to develop, promote and regulate the profession of Chartered / Company Secretaries in Bangladesh. The Institute is a full member of Corporate Secretaries International Association (CSIA), Geneva, Switzerland with effect from 17 April 2012.

Nature of Activities The main activities of the institute is to develop, promote and regulate the profession of Chartered Secretaries in Bangladesh and confer professional degree in Chartered Secretary, imparting requisite training and education and then to offer membership of the institute to the deserving candidates, and to enforce strict discipline for exercising control over the conduct of members and students to uphold and regulate the profession by professional ethics and discipline.

2.1

Management of the Institute The overall affairs of the Institute are run by a Council consisting of 18 (Eighteen) members out of which thirteen are elected and ﬁve are nominated by Government. The tenure of the Council is for three years and the President is the head of the Council.

2.2

Member of the Institute The Fellow and Associate Members of the Institute up to 31 December 2018 were 198 (One hundred and Ninety Eight) and 313 (Three hundred and Thirteen) respectively totaling 511 (Five hundred and Eleven) excluding 8 (Eight) Honorary Fellow Members.

2.3

Statement of Compliance The ﬁnancial statements of the Institute are prepared in compliance witha) International Financial Reporting Standards (IFRSs); b) Chartered Secretaries Act, 2010; c) Chartered Secretaries Regulations, 2011 and d) Other laws and rules applicable in Bangladesh.

Significant Accounting Policies and Bases of Financial Statements Preparation

3.1

Components of Financial Statements The Financial Statements referred to here are consisted of: a) Statement of financial position; b) Statement of profit or loss and other comprehensive income; c) Statement of changes in fund; d) Statement of cash flows and e) Notes to the Financial Statements.

3.2

Statement of Cash Flows Statement of Cash Flows is prepared in accordance with the International Accounting Standard (IAS)-7: "Statement of Cash Flows" applying Direct method.

3.3

Reporting period

3.4

Property, plant and equipment (PPE)

These ﬁnancial statements cover one calendar year from 1 January to 31 December 2018. All property, plant and equipment are stated at cost less accumulated depreciation as per IAS-16: "Property, plant and equipment". The cost of acquisition of an asset comprises its purchase price and any directly attributable cost of bringing the asset to its working condition for its intended use inclusive of inward freight, duties and non-refundable taxes. 3.4.1 Depreciation Policy Depreciation has been charged on assets using reducing balance method according to respective

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 percentage. Full year depreciation is charged on assets irrespective of the date of acquisition. On disposal of fixed assets, the cost and accumulated depreciation are eliminated from the PPE and gain or loss on such disposal is reflected in the income statement, which is determined with reference to the net book value of the assets and net sale proceeds. The rates of depreciation are as under: Rate Furniture & fixture 10% Library books 15% Computer and office equipment 15% 3.5 Provident Fund The provision of Contributory Provident Fund for the employees of the Institute was approved to be effective from July 2006 at the subscription rate of 10% of the basic salary. The Institute also contributes same amount to the Provident Fund. 3.6 Gratuity Fund The institute has a gratuity scheme (unfunded) which coveres all its permanent employees who meet eligibility requirements. The amount charged to income statement represents the Institutes annual obligation under the scheme. 3.7 Interest on Short Term Investment (FDR) Interest on short term investment (FDR) is recognized and recorded on accrual basis and the net interest income realized against each FDR on maturity date is automatically reinvested with that respective FDR. The accrual interest that is unrealized are recorded as interest receivable. 3.8 Advance, Deposits and Prepayments Advances are initially measured at cost. After initial recognition, advances are carried at cost less deductions, adjustments or charges to other account heads. Deposits are measured at payment value. Prepayments are initially measured at cost. After initial recognition, prepayments are carried at cost less charges to income statement. 3.9 Provisions All provisions are recognized on the financial statement date if, as a result of past events, the Institute has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation. 3.10 Cash and Cash Equivalents Cash and cash equivalents comprise cash in hand and cash at bank, which are held and available for use by the Institute without any restriction and are readily convertible to a known amount of cash and that are subject to an insignificant risk of change in value. 3.11 Income Recognition i) Operating income As per IFRS-15 “Revenue from contract with customers” - the institute recognise revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. All the revenues of the Institute are recognized as per this standard except income arisen from 'fees from student' which is recognized on cash basis. ii) Other income All other income is recognized when the Institute's right to receive such income has been reasonably determined and all conditions precedent are satisfied. 3.12 Government Grants Government Grant is recognized in accordance with IAS-20 " Accounting for Government Grants and Disclosure of Government Assistance" which recognizes grant only when there is reasonable assurance that (a) the enterprise will comply with any conditions attached to the grant and (b) the grant will be received. The grant has been recognized as income over the period necessary to match them with the related costs, for which they are intended to compensate, on a systematic basis, and should not to be credited directly to equity. 3.13 General a) All figures have been rounded off to the nearest BDT. b) Previous year's figures and head of accounts in the financial statements have been re-arranged and restated to confirm to current year's presentation wherever necessary.

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 4.0

2018 BDT

2017 BDT

134,197,118 133,224,137 972,981

133,224,137 132,534,734 689,403 -

5,637,790 4,888,475 749,315

4,888,475 4,160,190 728,285

128,559,328

128,335,662

14,498 1,335,894 1,350,392

17,978 2,716,574 2,734,552

Cash at banks (A/c No.)

1,335,894

2,716,574

Eastern Bank Ltd.(57356) Southeast Bank Ltd.(087) Janata Bank Ltd.(528) Dutch-Bangla Bank Ltd. (2412) Dutch-Bangla Bank Ltd. (2546)

585,195 66,530 4,444 679,725 1,335,894

388,030 2,160,372 30,381 137,791 2,716,574

123,000 51,748 454,521 20,860 650,129

93,000 73,444 323,363 75,000 918,096 1,482,903

40,000 2,144,295 3,000 13,200 55,200 100,000 2,355,695

40,000 2,144,295 500 13,200 55,200 20,000 2,273,195

26,178,339 3,108,695 1,468,194 6,312,814 24,442,414

21,983,703 3,000,000 1,194,636 26,178,339

71,212,028 5,103,871 76,315,899

63,655,929 7,556,099 71,212,028

Property, plant & equipment Total value of assets at cost (a) Opening balance at cost Add: Purchase during the year Less: Disposal during the year Less: Accumulated depreciation (b) Opening balance Depreciation charged during the year Written Down Value (WDV) (a-b) N.B: Details are given in Annexure-A.

5.0

Cash and cash equivalents Cash in hand Cash at banks

5.1

6.0

5.1

Accounts receivables Membership subscription * Journal & Membersâ&#x20AC;&#x2122; Directory advertisements FDR interest * Annual Practicing Fee National Convention (Sponsorship & Advt.) * Details of Membership subscription are given in Annexure-B * Details of FDR interest receivable are given in Annexure-F

7.0

Advance, deposits & prepayments Software installation (Hisoft Ltd.) Security deposit for ofďŹ ce rent Security deposit for GPO & Water Security deposit for telephone Elite Security Services Ltd Advance payment for expenses

8.0

Short term investment (FDR) Opening balance Add: Investment made during the year Net interest reinvested during the year Less: Encashment during the year Details are given in Annexure-C.

9.0

Reserve and Surplus Balance at the beginning of the year Add : Excess of income over expenditure for the year

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 2018 BDT

2017 BDT

1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 19,500

10.0 Capital fund Members' Name 1.Muzaffar Ahmed FCS 2.(Late) M. S. Alam Mia FCS 3.A. K. A. Muqtadir FCS 4.Mohammad Sanaullah FCS 5.Md. Zahangir Alam FCS 6.Md. Siddiqur Rahman FCS 7.Md. Saiduzzaman FCS 8.Md. Yeamin Hossain FCS 9.Itrat Husain FCS 10.Sultan-ul-Abedine Molla FCS 11.Muhammed Abul Hashem FCS 12.(Late) Md. Anwarul Afzal FCS 13. Nanda Gopal Chakraborty FCS

Membership No. F - 0001 F - 0002 F - 0003 F - 0004 F - 0005 F - 0006 F - 0007 F - 0008 F - 0009 F - 0010 F - 0011 F - 0012 F -0013

Contributions received from 13 Founding members @Tk. 1,500 per member have been capitalized. 11.0 Donation Opening balance Less: Donation realized against donated assets *

274,964 40,276 234,688

322,221 47,257 274,964

4,928,860 4,928,860

4,448,800 4,448,800

4,448,800 360,320 840,380 4,928,860

3,281,280 1,167,520 4,448,800

13.1

78,965,538 8,121,865 8,121,865 7,388,698 71,576,840

85,384,398 8,829,404 8,829,404 6,418,860 78,965,538

13 13.2

71,576,840 7,710,048 63,866,792

78,965,538 7,320,596 72,070,612

7,710,048 7,710,048

7,320,596 7,320,596

* Details are given in Annexure-G. 12.0 Provision for employees gratuity fund Gratuity fund

12.1

12.1 Gratuity fund Opening balance Less: paid during the year (Md. Lipon Hossain) Add: Provision made during the year 13.0 Term loan DBBL term loan Add: Interest charged during the year Less: Interest paid during the year Less: Installment (Principal) Details are given in Annexure-D. 13.1 Term loan-non current liability Balance as at 31.12.2018 Less: Principal Payable at following year 13.2 Term loan-current payable Principal payable Details are given in Annexure-E

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 2018 BDT

14.0 Subscription received in advance Member subscription Tuition fee (CS-2571, CS-3342 & CS-3535, CS-0954) Members Group Insurance Premium Members Benevolent Fund Training on Tax Management & Compnay Secretarial Practice

2017 BDT

91,200 61,650 15,546 42,000 210,396

47,000 2,050 15,546 420,000 74,000 558,596

2,000,000 2,000,000

20,800 12,077

15,730 13,160

115,000 17,027 47,415 168,000 72,925 892,277 285,758 440,496 2,071,775

115,000 11,367 48,723 120,515 56,925 892,277 1,544,500 271,358 10,000 3,099,555

774,000 2,786,000 6,900 84,789 175,000 620,000 50,000 4,496,689

602,000 2,530,000 7,200 49,000 175,000 505,000 3,868,200

795,145 6,807,750 110,050 45,240 6,310,090 262,125 74,400 31,000 1,342,575 1,395,200 70,000 17,243,575

1,060,620 9,270,600 140,700 37,440 7,435,650 469,575 86,800 23,000 1,829,165 1,903,000 80,000 30,000 22,366,550

3,185,990 3,124,100 6,310,090

186,750 3,955,650 3,293,250 7,435,650

15.0 Provision for expenses Provision for legal expense 16.0 Accounts payable Coaching class allowances Tax deduction at source Audit fee Communication Utilities Journal publication Staff Salary & Wages OfďŹ ce Rent Coaching class lecturers fees Term Loan Interest payable Group Insurance Premium Website Development 17.0 Fees from members Members' admission Members' subscription Membership form sale Fine against subscription Annual practicing Fee Development Charge Admission fees for Private Practice 18.0 Fees from students Admission Coaching/Tuition Fine Registration renewal Examination Admission form Examination form CertiďŹ cate /Transcript Session charge Development Charge Entry fees Exemption fees 18.1 Examination July to December January to June July to December

Institute of Chartered Secretaries of Bangladesh (ICSB)

18.1

2018 2018 BDT

2017 BDT

19.0 Training and Workshop Training on : Internal Audit and Control Environment Mgt. of Company Meetings TAX Management Customs & VAT Mgt. Mgt. of Provident Fund Company Secretarial Practice Standadization of Annual Reports

174,000 64,000 267,000 205,000 710,000

138,000 169,200 500,005 100,500 907,705

178,102 122,919 45,900 346,921

269,888 49,800 122,923 442,611

1,732,457 323,363 454,521 1,863,615

1,412,490 317,584 323,363 1,418,269

5,216,000 5,216,000 6,250,000 6,250,000 22,932,000

4,875,000 4,875,000 5,217,000 5,216,000 20,183,000

72,074 40,276 565,700 199,393 877,443

76,532 47,257 658,150 781,939

200,000 3,800,000 1,415,000 5,415,000

489,000 6,600,000 1,620,000 910,000 9,619,000

243,000 985,000 1,040,000 2,268,000

9,419,075 1,040,527 840,380 11,299,982

7,883,492 885,908 1,167,520 9,936,920

10,707,324 10,707,324

10,220,622 10,220,622

20.0 Publication Journal advertisement Members' Directory advertisement Sale of journal 21.0 Interest on short term investment (FDR) Interest on FDR Less: Receivable for last year Add: Interest receivable on FDR during the period * * Details are given in Annexure-F 22.0 Government grant January to March (1st Installment) April to June (2nd Installment) July to September (3rd Installment) October to December (4th Installment) 23.0 Other income Bank interest Donation realised as Income Annual picnic Surplus sharing of group insurance 24.0 National award for corporate governance excellence Delegate fees Sponsorship Advertisement 25.0 National convention and convocation Delegate fees Sponsorship Advertisement Convocation 26.0 20th Anniversary Celebration of ICSB Delegate fees Sponsorship Advertisement 27.0 Salary and allowances Salaries Festival bonus Gratuity 28.0 Office rent Padma Life Tower

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 2018 BDT

2017 BDT

29.0 Education Advertisement Coaching class allowance for Staff Coaching class lecturers fees Printing & stationery Educational promotion expenses Internship grading

29.1

506,205 197,860 3,135,000 213,871 64,716 112,000 4,229,652

637,391 175,350 2,743,300 362,541 38,772 3,957,354

262,734 243,471 506,205

284,921 352,470 637,391

192,000 314,000 372,000 878,000

216,000 260,000 346,000 822,000

360,054 93,589 40,627 123,991 101,847 360,054

513,541 89,042 284,174 74,001 66,324 513,541

2,272,756 305,725 2,578,481

5,203,576 5,203,576

3,949,642 3,949,642

10,000 10,000

80,000 20,780 100,780

624,415 739,861 9,170 40,180 1,413,626

675,590 699,575 70,768 62,450 33,380 1,541,763

599,700 138,000 737,700

477,215 140,800 618,015

115,000 115,000

29.1 Advertisement July to December Session January to June Session 30.0 Meeting attendance fees Council meeting Standing committee meeting Sub-committee meeting 31.0 Training and Workshop Training on : Internal Audit & Control Environment Mgt. of Company Meetings Tax Management Customs & VAT Management Company Secretarial Proctice Mgt. of Provident Fund Standardization of Annual Reports 32.0 National convention and convocation National convention Convocation 33.0 National award for corporate governance excellence CGE award 34.0 Legal and professional fees Legal fees Website development 35.0 Examination January to June July to December Admission test- January Admission test- June Admission test- December 36.0 Publication Journal publication expense Members' directory publication expense 37.0 Audit fees Audit fees

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 2018 BDT 38.0

General and administrative Meeting expense Repairs & maintenance Conveyance Entertainment Utility expenses Newspaper bills Office expenses AGM expenses Communication expenses Bank charges Tax and excise duty on FDR interest Group insurance premium Recruitment expense Aftabnagar land maintenance cost Cleaner allowance Victory day celebration Int'l Mother Language Day & Independence Day Celebration IT maintainance expenses Office crockeries Picnic expenses Pohela boishakh celebration Iftar mahfil Pitha utshab Induction meeting with new members Capital market expo Anniversary celebration

432,684 165,419 117,948 22,096 427,169 13,750 48,370 277,195 273,504 26,400 264,263 440,496 223,855 924,466 189,368 73,635 50,327 19,400 7,220 841,823 78,323 234,080 35,000 18,580 5,205,371

415,746 179,280 128,780 24,060 405,057 11,368 28,028 259,454 242,699 28,509 217,854 415,440 19,080 975,648 182,804 46,162 57,240 31,900 9,700 766,194 39,760 146,130 4,630,893

40,440 884,026 924,466

91,800 883,848 975,648

2,629,275 2,629,275

1,146,432 151,517 1,297,949

625,454 264,820 890,274

634,507 634,507

611,407 611,407

F-0040

100,000 100,000

A - 0152 A - 0174

15,000 15,000 30,000

Journal advertisement : Shahjalal Islami Bank Securities Ltd. Journal Advertisement (c)

10,000 10,000

Grand Total Write-Off

140,000

38.1

Aftabnagar land maintenance cost Incidental charge at district judge court and others Security guard allowance

39.0

20th Anniversary Celebration ICSB 20th Anniversary Celebration ICSB

40.0

Workshop & seminar CPD programme expenses Workshop

41.0

International relations CSIA Annual Membership Subscription fees

42.0

2017 BDT

Write-Off Annual practicing fee : Mansur Alam FCS (F-0040) Annual subscription : Joel Utpal Halder ACS Md. Nazmul Ahsan ACS

Annual Practicing Fee (a)

Annual Subscription (b)

38.1

As per the decision of the Membership and Registration Committee in its 25th Meeting held on December 11, 2018 and subsequently approved by the Council in its 53rd Meeting held on December 27, 2018 that an amount of taka Tk.30,000 (thirty thousand) only was receivable from Joel Utpal Halder and Md. Nazmul Ahsan on account of annual membership subscriptoin has been waived oﬀ as they were unwilling to continue membership. 43.0

Interest-term loan Interest during the year

7,424,835 7,424,835

8,829,404 8,829,404

Institute of Chartered Secretaries of Bangladesh (ICSB)

Land

133,224,137

132,534,734

Total at 31 December 2017

4,732,199

167,146

5,238,880

689,403

972,981

252,500

70,148

650,333

133,224,137

134,197,118

4,984,699 15%

237,294 15%

5,889,213 10%

4,160,190

4,888,475

2,532,210

148,946

2,207,319

728,285

749,315

367,873

13,252

368,190

4,888,475

5,637,790

2,900,083

162,198

2,575,509

128,335,662

128,559,328

2,084,616

75,096

3,313,704

DEPRECIATION COST Written Down Balance as on During the year Balance as on Balance as on During the year Balance as on Value as on Rate Addition Disposal/Adj 31.12.2018 Depreciation Adjustment 01.01.2018 01.01.2018 31.12.2018 31.12.2018 123,085,912 - 123,085,912 123,085,912

Total at 31 December 2018

Computer and ofďŹ ce equipment

Library books

Furniture & ďŹ xtures

Category of Assets

Schedule of Property, Plant & Equipment As at 31 December 2018

Institute of Chartered Secretaries of Bangladesh (ICSB)

Annexure-A

2018

2018 Annexure-B

Institute of Chartered Secretaries of Bangladesh (ICSB) Statement of Due Annual Membership Subscription As at 31 December 2018

SL No.

Name of Member

01 Md. Mahbubur Rahman FCS 02 Mashihur Rahman FCS 03 Lorens Shamol Mollick FCS 04 A. T. M. Unjum Pervez ACS 05 Muhammad Musabbir Ali ACS 06 Mohammad Moniruzzaman ACS 07 Asifur Rahman ACS 08 Mohammad Belal Hossain ACS 09 Md. Nanu Bhuiyan ACS 10 Mohammad Hurmot Shah ACS 11 Amit Kumar Roy ACS 12 Mojibul Hoque Bhuiyan ACS 13 Rajib Chakraborty ACS 14 Mohammad Showket Akber ACS 15 F. R. M. Rashedul Hasan ACS 16 Mohammad Kamruzzaman ACS 17 Md. Mustafa Kamal ACS Total Receivable amount

Membership No. F - 0026 F - 0106 F - 0168 A - 0092 A - 0146 A - 0189 A - 0199 A - 0222 A - 0230 A - 0246 A - 0248 A - 0255 A - 0276 A - 0279 A - 0354 A - 0359 A - 0386

Dues Total Amount Current Previous Previous (TK) Year 2018 Year 2017 Year 2016 7,000 7,000 7,000 7,000 14,000 7,000 7,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 10,000 5,000 5,000 5,000 5,000 10,000 5,000 5,000 10,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 10,000 5,000 5,000 5,000 5,000 10,000 91,000 32,000 123,000

In words (TK) : BDT one lac twenty three thousand only

Institute of Chartered Secretaries of Bangladesh (ICSB)

Name of the Bank

SEBL

TBL

Sl.#

Institute of Chartered Secretaries of Bangladesh (ICSB)

09.01.2015 3 month 7.00%

12.02.2015 3 month 6.00%

02.02.2015 6 month 7.00%

Amount as at 31.12.2017

Amount as at 31.12.2018

0016-0330662852 11.01.2018 6 month 7.00% 23,000,000 23,000,000

26,178,339 21,983,703

3,000,000 3,111,195.00

5,000,000 5,666,850.00

5,000,000 5,778,352.00

5,000,000 5,832,811.00

5,000,000 5,789,131.00

108,804

406,603

414,602

419,787

382,661

Gross Interest

13,380

2,500

62,261

63,436

64,035

58,651

6,312,814 -

95,424 3,204,119.00

(2,500) 3,108,695.00

344,342

351,166

355,752

324,010

e =c -d

Tax and Net Interest Encashment excise duty reinvested during the year

3,108,695 1,732,457 264,263 1,468,194 3,000,000 1,412,490 217,854 1,194,636

3,108,695

Opening/ Interest Original FDR Balance as on Investment Duration Rate Amounts 01.01.2018 During the year Renewal date

0016-0330662852 30.03.2015 3 month 7.50%

24300000077

24300000053

24300006071

24400001164

A/C #

As at 31 December 2018

Schedule of Short Term Investment (FDR)

Institute of Chartered Secretaries of Bangladesh (ICSB)

24,442,414 26,178,339

6,011,192.00

6,129,518.00

6,188,563.00

6,113,141.00

g=(a+b+e-f)

Balance as on 31.12.2018

Annexure-C

2018

2018 Annexure-D

Institute of Chartered Secretaries of Bangladesh (ICSB) Schedule of Term Loan (Dutch-Bangla Bank Limited) As at 31 December 2018

Term Loan (TK) Term loan received from DBBL 80,000,000 Particulars

Instalment Interest Principal

Total Amount (TK)

29th Instalment

19-Jan-18

666,816

550,576

1,217,392

30th Instalment

19-Feb-18

640,386

597,563

1,237,949

31st Instalment

19-Mar-18

605,243

632,706

1,237,949

32nd Instalment

19-Apr-18

703,234

575,667

1,278,901

33rd Instalment

19-May-18

615,590

663,311

1,278,901

34th Instalment

19-Jun-18

661,496

627,139

1,288,635

35th Instalment

19-Jul-18

651,909

633,080

1,284,989

36th Instalment

19-Aug-18

709,339

569,563

1,278,902

37th Instalment

19-Sep-18

634,043

645,325

1,279,368

38th Instalment

19-Oct-18

607,222

671,679

1,278,901

39th Instalment

19-Nov-18

675,760

608,256

1,284,016

40th Instalment

19-Dec-18

665,069

613,833

1,278,902

7,388,698

15,510,563

Interest accrued 19 Dec'18 to 31 Dec'18 Total amount paid during the period

Installment Due Date

30-Jun-18

285,758 8,121,865

285,758

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Annexure-E

Institute of Chartered Secretaries of Bangladesh (ICSB) Schedule of Term Loan for Current Payable (Dutch-Bangla Bank Limited) As at 31 December 2018

Term Loan Instalment (TK) Due Date Term Loan Received from DBBL 80,000,000 41st Instalment 19-Jan-19 Particulars

Total Amount (TK) Interest Principal

Total Amount (TK)

681,423

597,478

1,278,901

42nd Instalment

19-Feb-19

675,764

603,137

1,278,901

43rd Instalment

1,278,901

19-Mar-19

605,207

673,694

44th Instalment

19-Apr-19

45th Instalment

19-May-19

685,078

593,823

46th Instalment

19-Jun-19

47th Instalment

19-Jul-19

48th Instalment

19-Aug-19

49th Instalment

19-Sep-19

50th Instalment

19-Oct-19

51st Instalment

19-Nov-19

52nd Instalment

19-Dec-19 Total amount payable upto 19 December 2019

Institute of Chartered Secretaries of Bangladesh (ICSB)

615,590

663,311

651,762

627,139

645,821

633,080

619,185

659,716

633,576

645,325

607,222

671,679

621,101

657,800

595,035 7,636,764

683,866 7,710,048

1,278,901 1,278,901 1,278,901 1,278,901 1,278,901 1,278,901 1,278,901 1,278,901 1,278,901 15,346,812

Renewal date

02.08.2018

11.11.2019

07.10.2018

Particulars of FDR

01 SEBL 24400001164

02 SEBL 24300006071

03 SEBL 24300000053

04 SEBL 24300000077

3 month

6 month

Tenure (Month)

Schedule of FDR Interest Receivable As at 31 December 2018

6,011,192 6.50%

6,129,518 6.50%

6,188,563 6.00%

6,113,141 7.00%

390,727

398,419

371,314

427,920

11,721

11,952

10,965

10,393

148

Balance as Yearly Interest Total per Bank Int. rate (360 dayes) 5% Tax Return Aug Sep Oct Nov Dec days Statement

Institute of Chartered Secretaries of Bangladesh (ICSB)

454,521

102,890.75

103,809.64

61,504.93

186,315.61

Proportionate Receivable Interest

Annexure-F

2018

Institute of Chartered Secretaries of Bangladesh (ICSB)

589,300

639,300

Total at 31 December 2017

50,000

Balance as on 01.01.2017

Computer and ofﬁce equipment

Furniture & ﬁxtures

Category of Assets

Schedule of Donated Assets As at 31 December 2017

589,300

639,300

Total at 31 December 2018

50,000

Balance as on 01.01.2018

Computer and ofﬁce equipment

Furniture & ﬁxtures

Category of Assets

As at 31 December 2018

Schedule of Donated Assets

During the year Addition

639,300

589,300 15%

50,000 10% 364,335

333,706

30,629

DEPRECIATION

40,276

38,339

1,937

404,611

372,045

32,566

234,689

217,255

17,434

Written Down Value as on 31.12.2018

639,300

589,300 15%

50,000 10%

317,078

288,601

28,477

47,257

45,105

2,152

During the year

364,335

333,706

30,629

274,965

255,594

19,371

Written Down Balance as on Rate Balance as on Balance as on Value as on 31.12.2017 (%) 01.01.2017 Disposal/Adj 31.12.2017 Depreciation Adjustment 31.12.2017

COST

Addition

DEPRECIATION

During the year Balance as on Balance as on Rate Balance as on Disposal/Adj 31.12.2018 (%) 01.01.2018 Depreciation Adjustment 31.12.2018

COST During the year

Institute of Chartered Secretaries of Bangladesh (ICSB)

Annexure-G

2018

2018 Annexure-H

Institute of Chartered Secretaries of Bangladesh (ICSB) Contribution to the Development Fund by the Members of ICSB As at 31 December 2018

Sl. #

Name of the Member

Council Members - Tk.20,000/01 Mohammad Sanaullah FCS 02 Mohammad Nurul Alam FCS 03 A T M Tahmiduzzaman FCS 04 Mohammad Asad Ullah FCS 05 Mohammad Bul Hassan FCS 06 Itrat Husain FCS 07 Md. Azizur Rahman FCS 08 Md. Shahid Farooqui FCS 09 Md. Selim Reza FCS 10 Md. Monirul Alam FCS 11 M Naseemul Hye FCS 12 Hossain Sadat FCS 13 Nanda Gopal Chakraborty FCS 14 Nazmul Karim FCS 15 Gopal Chandra Debnath FCS Sub-Total (Council Members) Sl. #

Name of the Member

01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Fellow Members - Tk.10,000/S. Abdur Rashid FCS Md. Mizanur Rahman FCS Akhter Matin Chaudhury FCS Salim Ahmed FCS Badal Chandra Rajbangshi FCS S. M. Mahabub Islam FCS Md. Zahangir Alam Manik FCS Nur-e-Alam FCS Shahjahan Kabir FCS Mohammed Enamul Hye FCS Md. Mozharul Islam FCS Kazi Ashiqur Rahman FCS Md. Monowar Hossain FCS Syed Moniruzzaman FCS khandaker Habibuzzaman FCS Muhammed Abul Hashem FCS Muzaffar Ahmed FCS A. K. M. Haruner Rashid FCS Mohammad Saiful Islam Chowdhury FCS Abdulla-Al-Mahmud FCS Prof. Dr. Feroz Iqbal Faruque FCS Mansur Alam FCS Lorens Shamol Mollick FCS J Q M Habibullah FCS Sadhan Chandra Das FCS Mohammad Abdullah Al Mamun FCS Jashim Uddin FCS Oli Kamal FCS Md. Munirul Hoque FCS Mohammad Ruhan Miah FCS

Membership No

2014

F-0004 F-0095 F-0156 F-0025 F-0113 F-0009 F-0063 F-0037 F-0067 F-0069 F-0056 F-0105 F-0013 F-0085 F-0114

20,000 20,000 20,000 20,000 20,000 20,000 -

Membership No

2014

Amount in BDT 2015 2016 2017

F-0104 F-0035 F-0020 F-0119 F-0140 F-0157 F-0148 F-0116 F-0170 F-0058 F-0124 F-0070 F-0150 F-0141 F-0125 F-0011 F-0001 F-0102 F-0174 F-0111 F-0030 F-0040 F-0168 F-0129 F-0043 F-0136 F-0123 F-0128 F-0160 F-0165

10,000 10,000 10,000 10,000 10,000 5,000 5,000 10,000 5,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 30,000 10,000 -

5,000 10,000 10,000 8,020 5,000 10,000 10,000 10,000 10,000 10,000 5,000 5,000

Amount in BDT 2015 2016 2017 20,000 20,000 20,000 20,000 20,000 20,000 20,000 120,000 140,000

20,000 20,000 -

2018 40,000

Payment Date 13.08.2014 17.08.2014 18.08.2014 26.08.2014 20.10.2014 02.12.2014 26.02.2015 03.03.2015 04.04.2015 04.04.2015 04.04.2015 04.04.2015 04.04.2015 17.08.2017 31.12.2017

2018

Payment Date

12.07.2014 20.07.2014 12.08.2014 13.08.2014 20.08.2014 21.08.2014 26.08.2014 30.08.2014 04.09.2014 16.09.2014 14.10.2014 18.10.2014 19.10.2014 20.10.2014 26.10.2014 29.10.2014 25.11.2014 26.11.2014 05.03.2015 04.04.2015 04.04.2015 04.04.2015 04.04.2015 18.06.2015 18.06.2015 18.06.2015 18.06.2015 18.06.2015 18.06.2015 18.06.2015

Payment M/R No. Mode Cheque Cheque Cheque Cheque Cheque Cheque SEB Cheque Cheque Cheque Cheque Cheque Cheque Cash Cheque

16604 16606 16607 16612 16623 16632 SEB 16635 16639 16640 16642 16643 16644 21918 21168

Payment M/R Mode No. Cash 16601 Cheque 16602 Cheque 16463 Cash 16605 Cheque 16608 Cash SEB Cash 16611 Cash 16614 Cheque 16615 Cheque 16617 Cheque 16618 Cheque 16621 Cheque 17475 Cash 16622 Cash 16625 Cheque 16626 Cheque 16629 Cheque 16631 Cheque 16636 Cheque 16641 Adjusted Adjusted Adjusted Cheque 17716 Adjusted Adjusted Adjusted Adjusted Adjusted Adjusted

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Sl. #

Name of the Member

Membership No

2014

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85

Sheikh Khaled Zahir FCS Saiful Alam FCS Mohammad Monirul Islam FCS Md. Abedur Rahman FCS Md. Zasim Uddin FCS Md. Mizanur Rahman FCS Mohammad Zubair Udidn Bhuiyan FCS Santanu Saha FCS Md. Mizanur Rahman FCS Md. Sarwar Kamal FCS Md. Arif Hossain FCS A. F. M. Nazrul Islam FCS Khalid Mohammad Sharif FCS Md. Kausar Alam FCS Md. Mujibur Rahman FCS Muhammad Rajibul Hasan FCS Md. Aftab Uddin Khan FCS Md. Humayun Kabir FCS Md. Rafiqul Islam FCS Md. Mushtaque Ahmed FCS A. F. Nesaruddin FCS N. K. A. Mobin FCS Md. Mohashin FCS Mintu Kumar Das FCS Dr. Saleh Ahmed Bhuiyan FCS Mohammed Ashfaqul Hoque FCS Tauhidul Islam FCS Md. Abu Sukkur FCS Masudur Rahman Bhuiyan FCS Mohammad Shahajahan FCS Md. Abdul Haque Sarder FCS Md. Saiful Islam FCS Md. Shafiqur Rahman FCS Mohammad Iqbal Chowdhury FCS Syed Mohammad Nasim FCS Uttam Kumar Saha FCS Swapan Kumar Chakraborty FCS Md. Shahidul Islam FCS Mohammad Jafar Ali FCS Rajib Saha FCS Md. Kamrul Hasan FCS Jasmin Akter FCS Mohammad Monirul Islam Khan FCS Muhammad Aminur Rahman FCS Anindya Sarkar ACS Masuda Sultana FCS Mohammad Mahtab Uddin FCS A. S. M Sayem FCS Mohammad Sarwar Jahan Tarafder ACS Sayed Amimul Ihsan FCS Md. Rafiqul Islam Khan FCS Mohammad Firoz Khan FCS Md. Zakir Hossain FCS Mostafizur Rahman FCS Md. Jahidul Islam FCS

F-0155 F-0158 F-0159 F-0164 F-0163 F-0166 F-0162 F-0161 F-0167 F-0169 F-0171 F-0172 F-0173 F-0137 F-0079 F-0175 F-0052 F-0177 F-0179 F-0014 F-0042 F-0032 F-0033 F-0153 F-0045 F-0185 F-0195 F-0186 F-0187 F-0149 F-0093 F-0189 F-0190 F-0191 F-0211 F-0188 F-0193 F-0194 F-0197 F-0198 F-0199 F-0200 F-0201 F-0204 A-0303 F-0207 F-0205 F-0206 A-0209 F-0208 F-0209 F-0214 F-0213 F-0215 F-0216

Sub-Total (Fellow Members)

Institute of Chartered Secretaries of Bangladesh (ICSB)

185,000

Amount in BDT 2015 2016 2017

2018

10,000 10,000 10,000 5,000 5,000 5,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 -

10,000 5,000 10,000 5,000 10,000 10,000 5,000 5,000 10,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 -

5,000 5,000 5,000 5,000 5,000 10,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000

110,000

70,000

10,000 10,000 10,000 10,000 10,000 10,000 10,000 7,500 10,000 10,000 -

233,020 97,500

Payment Date 14.06.2015 22.07.2015 26.07.2015 04.07.2015 11.07.2015 14.07.2015 10.08.2015 23.08.2015 30.08.2015 25.11.2015 06.12.2015 08.12.2015 16.12.2015 26.12.2015 26.12.2015 13.01.2016 28.02.2016 13.04.2016 20.04.2016 17.05.2016 18.05.2016 25.05.2016 28.05.2016 30.05.2016 30.06.2016 06.02.2017 25.02.2017 30.03.2017 29.05.2017 17.06.2017 17.06.2017 01.07.2017 09.07.2017 17.07.2017 17.07.2017 17.07.2017 09.08.2017 12.08.2017 11.09.2017 04.11.2017 16.11.2017 18.12.2017 07.01.2018 21.01.2018 24.01.2018 31.01.2018 01.03.2018 05.03.2018 23.04.2018 22.05.2018 19.06.2018 20.09.2018 29.09.2018 15.10.2018 27.10.2018

Payment M/R Mode No. Cheque Cash Cash Cash Cash Cash Cash Cheque Cash Cheque Cash

17706 17721 17723 17718 16646 16647 18007 17735 18002 18013 18019 SEB SEB Adjusted Adjusted Cheque 18047 Cash 18742 SEB SEB Cheque 18803 Cheque 18804 Cheque 18810 Cash 18811 Cheque 18814 Cheque 18843 Cheque 20754 Cheque 20764 Cheque 20775 Cash 20790 Adjust Cheque 21902 Cheque 21907 Cheque 21910 Adjust Cash Cash Cash Cash Cash Cash Cheque Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cheque

21915 21916 21920 21927 21932 21155 21173 21505 21526 SEB 19677 19681 19697 19804 19813 19840 19842 20127 20214

2018 Sl. #

Name of the Member

Membership No

01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36

Associate Members -Tk.5,000/-Md. Zaker Rahmatullah FCS Khondakar Nasir Uddin Mahmud FCS Muhammad Amran Hossain Bhuiya ACS Khandker Abu Jafar Sadique ACS Mohammad Akram Hossain FCS Mahbub Iqbal Morshed FCS Hossain Ahmed Bhuiyan FCS Mohammad Ashraf Uddin Chowdhury ACS Syed Shafayet Hossain ACS Shahadat Hossain Chowdhury FCS Md. Robiul Islam FCS Md. Salim Reza FCS Mohummod Tareq Hosen Mozumder FCS Md. Asraful Islam FCS Md. Shiful Islam FCS Md. Mokammel Hoque FCS Khandker Abu Jafar Sadique ACS Md. Sharif Hasan FCS Mohammad Asadur Rahman FCS Sorwar Alam ACS Muhammed Moshiur Rahman ACS Md. Zillur Rahman FCS Md. Shahidul Islam FCS Gokul Chandra Biswas ACS Rayhan Kamal ACS Md. Monir Hossain FCS Md. Saiful Islam ACS Muhammad Abu Bakar Siddique FCS Md. Riajul Hoque Sikder FCS Md. Abu Sayeem FCS Darul Awam Tuhin FCS Md. Sayem ACS Jayanta Kumer Podder FCS Md. Lokman Hossain ACS Md. Mizanur Rahman FCS Israt Jahan Rimi ACS Sub-Total (Associate Members)

F-0222 F-0212 A-0334 A-0341 F-0151 F-0192 F-0181 A-0290 A-0310 F-0203 F-0230 F-0231 F-0219 F-0232 F-0224 F-0178 A-0341 F-0220 F-0176 A-0223 A-0258 F-0202 F-0184 A-0128 A-0210 F-0228 A-0186 F-0218 F-0180 F-0210 F-0196 A-0232 F-0183 A-0283 F-0182 A-0217

Sl. #

Name of the Member

Membership No

01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

New Associate Members - Tk.10,000/Arif Abdut Towab ACS A-0322 Mohammed Harun-Ar- Rashid ACS A-0318 Md. Muniruzzaman ACS A-0319 Mohammad Shahidul Islam ACS A-0320 A. K. M. Rashidul Hasan ACS A-0321 Md. Atiqur Rahman ACS A-0323 Mohammad Asaduzzaman ACS A-0324 Prodip Lal Bhowmick ACS A-0325 Sunita Barua ACS A-0326 Mohammad Emarot Hossain ACS A-0336 Mahamudhul Hasan ACS A-0327 Muhammad Shamsul Islam ACS A-0328 Muhammad Anowarul Kibria ACS A-0329 Shariar-Al-Mamun ACS A-0335 Khandakar Taslima Rahman ACS A-0342 Mohammed Abu Salam ACS A-0333 Babul Meah ACS A-0338 Ummey Tahera Sultana ACS A-0337

2014

Amount in BDT 2015 2016 2017

5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 65,000

5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 50,000

2014

Amount in BDT 2015 2016 2017

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 -

10,000 10,000 10,000

5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 60,000

5,000 5,000

2018 -

Payment Date 09.08.2014 30.08.2014 15.10.2014 18.10.2014 20.10.2014 21.10.2014 23.10.2014 23.10.2014 22.11.2014 23.11.2014 25.11.2014 25.11.2014 25.11.2014 24.01.2015 31.03.2015 17.04.2015 30.04.2015 18.06.2015 18.06.2015 18.06.2015 18.06.2015 07.07.2015 28.11.2015 16.05.2016 18.05.2016 18.05.2016 22.05.2016 22.05.2016 24.05.2016 01.06.2016 30.08.2016 17.10.2016 20.11.2016 27.11.2016 04.12.2016 19.04.2017

2018

Payment Date

09.09.2014 & 15.11.2014 11.11.2014 21.08.2014 & 13.11.2014 13.11.2014 15.11.2014 20.08.2014 & 16.11.2014 16.11.2014 16.11.2014 16.11.2014 16.11.2014 20.11.2014 23.11.2014 24.11.2014 27.11.2014 24.11.2014 31.03.2015 02.05.2015 05.05.2015

Payment M/R Mode No. Cheque 16603 Cash 16613 Cash 16619 Cash 16620 Cash SEB Cash SEB Cheque 16624 SEB SEB Cash 17372 SEB SEB Cash 16627 Cash 16628 Cash 16630 Cash 17278 Cash 16638 Cash 16645 SEB SEB Adjusted Adjusted Adjusted Adjusted Cash 17719 Cash 18014 SEB Cash 18805 Cash 18506 Cheque 18507 Cash 18808 Cash 18809 Cash 18815 SEB Cash 18847 Cash 19241 Cash 19250 Cash 19330 SEB

Payment M/R Mode No. Cash 16616 & 17484 Cheque 17479 Cash 16610 & 17481 Cash 17482 Cheque 17483 Cash 16609 & 17485 Cheque 17486 Cheque 17488 Cash 17490 Cheque 17489 Cash 17492 Cash 17493 Cheque 17495 Cheque 16853 SEB SEB Cheque 16637 Cash 16473 Cheque 16474

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Sl. #

Name of the Member

19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78

Md. Mehadi Hasan Mazumder ACS Md. Shamibur Rahman ACS Dr. Md. Rashedul Azim ACS Malik Muntasir Reza ACS Uttam Kumar Dey ACS Bimal Chandra Roy ACS Nayamul Hoque ACS Santush Chandra Sarker ACS Md. Mijanur Rahman ACS Forhad Hossain Khandaker ACS Md. Ismail Hossain ACS F. R. M. Rashedul Hasan ACS Quazi Sabnam ACS Asadullah Mahmud ACS Md. Mamunur Rashid ACS Mohammad Jaman Khan ACS Mohammad Kamruzzaman ACS Krishna Kumar Sarma ACS Md. Jamilur Rahman ACS Md. Warisur Rahman ACS Mahmud Hossan Belali ACS Md. Abdul Aziz ACS Tofael Ahmed Mazumder ACS Md. Obaidur Rahman ACS Kazi Hasan Mahamud ACS Md. Jaber Parvez ACS Md. Nazrul Islam Chowdhury ACS Hasan Tarek ACS Nasir Uddin ACS Md. Rakibul Hasan ACS Imam Hossain ACS Abu Jafar Ali ACS Zannat Afza Usha ACS Mohammad Mostafa Hossain Suman ACS M. M. Sajedul Islam ACS Md. Hamidul Islam ACS Md. Mamun Or Rosid ACS Md. Zillur Rahman ACS Mahbub-Ul-Anam Khan ACS Aminul Islam ACS Mohiuddin Siddique ACS Mohammed Ashraful Anowar ACS Md. Mustafa Kamal ACS Mohammed Saifullah ACS Md. Asad Hossen ACS Mohammad Golam Rabbani Akondo Rocky ACS Md. Atiqul Islam ACS Md. Enayet Rabbani Chowdhury ACS Mohammad Zafar Ullah ACS Hadisul Alam ACS Md. Jahangir Alam ACS Md. Delowar Hossain ACS Rashed Mahmud Bhuiyan ACS Md. Abu Musa ACS Shyamal Chandra Nath ACS Md. Alauddin ACS Farzana Kashem ACS Mohammad Mahfuz Alam ACS Md. Omar Faruque ACS Abu Syed Md. Nahid ACS

Institute of Chartered Secretaries of Bangladesh (ICSB)

Membership No

2014

A-0343 A-0344 A-0345 A-0346 A-0347 A-0348 A-0349 A-0350 A-0351 A-0352 A-0353 A-0354 A-0356 A-0355 A-0357 A-0358 A-0359 A-0361 A-0362 A-0363 A-0364 A-0365 A-0366 A-0367 A-0368 A-0369 A-0370 A-0371 A-0372 A-0373 A-0374 A-0375 A-0376 A-0377 A-0378 A-0379 A-0380 A-0381 A-0382 A-0383 A-0384 A-0385 A-0386 A-0360 A-0387 A-0388 A-0389 A-0390 A-0391 A-0392 A-0395 A-0396 A-0397 A-0398 A-0399 A-0400 A-0401 A-0402 A-0403 A-0404

Amount in BDT 2015 2016 2017 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 -

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

2018

Payment Date

22.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 23.08.2015 24.08.2015 24.08.2015 24.08.2015 06.09.2015 07.09.2015 02.12.2015 03.02.2015 05.12.2015 24.01.2016 24.01.2016 25.01.2016 25.01.2016 25.01.2016 26.01.2016 26.01.2016 26.01.2016 26.01.2016 26.01.2015 26.01.2016 26.01.2016 27.01.2016 27.01.2016 27.01.2016 28.01.2016 28.01.2016 28.01.2016 30.01.2016 02.02.2016 02.02.2016 03.02.2016 03.02.2016 06.02.2016 06.02.2016 08.02.2016 08.02.2016 08.02.2016 09.02.2016 13.04.2016 16.10.2016 10.11.2016 10.11.2016 10.11.2016 10.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016

Payment M/R Mode No. Cheque Cheque Cash Cheque Cash Cash Cash Cheque Cheque Cheque Cheque Cheque Cash Cash Cash Cash Cash Cash Cheque Cash Cash Cash Cash Cash Cash Cheque Cash Cash Cheque Cash Cash Cash Cheque Cheque Cash Cheque Cheque Cash Cash Cheque Cash Cheque Cheque Cash Cheque Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash Cash

17728 17746 17730 17731 17732 17733 17738 17739 17740 17742 17743 17745 SEB 18006 18016 18017 18018 18559 18560 18572 18573 18574 18580 18584 18586 18588 18590 18591 18593 18599 18612 18613 18641 18643 18646 18679 18726 18727 18728 18729 18730 18731 18732 18734 18735 18736 18747 18846 18848 18849 19202 19203 19204 19206 19207 19208 19209 19210 19211 19212

2018 Sl. #

Name of the Member

79 Faruk Mia ACS 80 Al Helal Md. Moudud Ahammed ACS 81 Mohammad Samsul Haque ACS 82 Anupom Kumer Ghosh ACS 83 Mohammad Mosaddaque ACS 84 Md. Ahmadul Haque ACS 85 Md. Alam Sarder ACS 86 Mithun Chandra Singha ACS 87 Ripon Chandra Mazumder ACS 88 Md. Moshihor Rahman ACS 89 Engr. Md. Israil Hossain ACS 90 Mohammad Zahirul Islam ACS 91 Khalilur Rahman ACS 92 Bibhuti Bhusan Sarker ACS 93 Md. ShaďŹ qul Alam ACS 94 Md. Salahuddin ACS 95 Chandan Kumar Kundu ACS 96 Tahmina Hossain ACS 97 Amit Kurmar Dey ACS 98 Riajur Reza Muhammad Faisal ACS 99 Md. Tahidul Amin Mojumder ACS 100 Dhijen Barua ACS 101 S M Rubayet Hossain ACS 102 Sarwar Hossain Siddiqi ACS 103 Gias Uddin ACS 104 Abul Fazal Mohamed Rubayat ACS 105 Md. Mohibul Alam ACS 106 Md. Selim Parvez ACS 107 Md. Ramzan Hossain ACS 108 S. M. Nooruzzaman ACS 109 Al-Mamun ACS 110 Monirul Islam ACS 111 Mohammad Mohibur Rahman ACS 112 Farjana Haque ACS 113 Sanjit Kumar Saha ACS 114 Rajib Kumar Ghosh ACS 115 Jahanara Eva ACS 116 Mohammed Showket Iqbal ACS 117 Raihan Abu Jafar ACS 118 Md. Einul Haque ACS 119 Md. Shahedul Amin ACS 120 Arifur Rahman ACS 121 Sk. Md. Sarfaraz Hossain ACS 122 Md. Mokaddess Ali ACS 123 Mahbub Alam ACS 124 A. B. M. Lutful Karim ACS 125 Md. Ayinuddin ACS 126 Md. Moin Uddin ACS 127 Mohammed Jasim Uddin ACS 128 Rajan Kumer Saha ACS 129 Md. Nuruddin Jongi ACS 130 Md. Abdul Alim Khan ACS 131 Sharif Dilnewaz Hossain ACS 132 Md. Jasim Uddin ACS 133 Shahedul Azam ACS 134 Md. Enamul Haq ACS 135 Md. Shahidur Rahman ACS 136 Md. Kawsar Habib ACS 137 Md. Hayder Harun-ur-Rashid Khan ACS 138 Munshi Abu Naim ACS

Membership No

2014

A-0405 A-0406 A-0407 A-0408 A-0409 A-0410 A-0411 A-0412 A-0413 A-0414 A-0415 A-0416 A-0417 A-0418 A-0419 A-0420 A-0421 A-0422 A-0423 A-0424 A-0425 A-0426 A-0427 A-0428 A-0429 A-0430 A-0431 A-0394 A-0432 A-0433 A-0434 A-0435 A-0436 A-0393 A-0438 A-0439 A-0440 A-0441 A-0442 A-0443 A-0444 A-0445 A-0437 A-0446 A-0449 A-0447 A-0448 A-0450 A-0451 A-0452 A-0453 A-0454 A-0455 A-0456 A-0457 A-0458 A-0459 A-0460 A-0461 A-0462

Amount in BDT 2015 2016 2017 -

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

2018

Payment Date

12.11.2016 12.11.2016 12.11.2016 12.11.2016 12.11.2016 13.11.2016 13.11.2016 13.11.2016 13.11.2016 13.11.2016 13.11.2016 13.11.2016 13.11.2016 13.11.2016 13.11.2016 14.11.2016 14.11.2016 14.11.2016 14.11.2016 14.11.2016 15.11.2016 15.11.2016 15.11.2016 16.11.2016 19.11.2016 26.11.2016 27.11.2016 27.11.2016 29.11.2016 30.11.2016 01.12.2016 01.12.2016 05.12.2016 06.12.2016 11.12.2016 11.12.2016 11.12.2016 11.12.2016 12.12.2016 12.12.2016 12.12.2016 15.12.2016 18.12.2017 23.01.2017 04.03.2017 22.03.2017 10.04.2017 22.05.2017 22.05.2017 27.05.2017 27.05.2017 29.05.2017 30.05.2017 30.05.2017 30.05.2017 30.05.2017 30.05.2017 31.05.2017 01.06.2017 05.08.2017

Payment M/R Mode No. Cash Cash Cash Cash Cheque Cash Cash Cash Cheque Cash Cash Cash Cash Cheque Cheque Cash Cash Cash Cash Cheque Cheque Cash Cash Cash Cash Cash Cash Cash Cash Cheque Cash Cheque Cheque Cash Cash Cheque Cash SEB Cash Cheque Cash Cash SEB Cheque Cheque SEB Cash Cheque Cash Cash Cash Cash Cheque Cheque Cash Cheque Cash Cheque Cash Cheque

19213 19214 19215 19216 19217 19218 19219 19220 19221 19222 19223 19224 19225 19226 19227 19228 19229 19230 19231 19232 19233 19234 19235 19236 19238 19247 19301 19302 19305 19308 19312 19313 19338 19348 19360 19361 19362 19364 19365 19366 19370 19992 20767 20778 20784 20785 20787 20788 20789 20791 20792 20794 20795 20796 20798 20799 21913

Institute of Chartered Secretaries of Bangladesh (ICSB)

2018 Membership No

2014

139 Md. Atikul Islam ACS 140 Md. Yeasin Ahmed ACS 141 Syed Mahmud Hasan ACS 142 Md. Atiar Rahman ACS 143 Md. Sahabuddin ACS 144 Mohammed Shakawat Hossain ACS 145 Syed Abu Taher ACS 146 Mohammed Maruf Al Hasnat ACS 147 Md. Wahedul Islam ACS 148 Md. Forhad Hossain Patwary ACS 149 Mamunur Rashid ACS 150 Muhammad Asraful Hossain Khan ACS 151 Mohammad Shahalam ACS 152 Mohammad Shaﬁqul Islam Bhuiyan ACS 153 Sk. Towhedur Rahman ACS 154 Kazi Mohammad Tanvir ACS 155 Mir Shariful Bashar ACS 156 Mohammad Golam Kibria ACS 157 Shahriar Molla ACS 158 Md. Mohsin Reza Khan ACS 159 Md. Abdur Rahman ACS 160 Mohammad Mahbubur Rahman ACS 161 Sanjib Baran Roy ACS 162 Md. Saiful Islam ACS 163 Mohammad Zaman ACS 164 Md. Alauddin Shibly ACS 165 S. M. Shariful Islam ACS 166 Mohammad Nurul Alam ACS 167 Md. Anwar Hossain ACS 168 Md. Sahinur Kabir ACS 169 Md. Raziur Rahman ACS 170 Md. Aminul Islam ACS 171 Benoy Paul ACS 172 Mohammad Salah Uddin ACS 173 Mohammad Ariful Islam ACS 174 Md. Kamrul Hasan Chowdhury ACS 175 Md. Arif Uddin ACS 176 Md. Firog Ahmed ACS 177 Sajal Kumar Bala ACS 178 Mohammad Salah Uddin ACS 179 Kazi Mazbah Uddin ACS 180 Md. Shahzahan Kabir ACS 181 Md. Noor-Ul - Alam ACS 182 Mohammad Jasim Uddin ACS 183 Hubert Boidya ACS 184 Md. Nazmul Hasan ACS 185 Md. Sazzad Hossain Talukder ACS 186 Md. Mozahidul Islam ACS 187 Muhammad Ruhul Amin ACS 188 Md. Shamim Hossain ACS

A-0463 A-0464 A-0465 A-0466 A-0467 A-0468 A-0469 A-0470 A-0471 A-0472 A-0473 A-0475 A-0474 A-0476 A-0477 A-0478 A-0479 A-0480 A-0481 A-0482 A-0483 A-0484 A-0485 A-0486 A-0487 A-0488 A-0489 A-0490 A-0491 A-0492 A-0493 A-0494 A-0495 A-0496 A-0497 A-0498 A-0499 A-0500 A-0501 A-0502 A-0503 A-0504 A-0505 A-0506 A-0507 A-0508 A-0509 A-0510 A-0511 A-0512

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 -

06.12.2017 10.12.2017 10.12.2017 11.12.2017 11.12.2017 12.12.2017 12.12.2017 12.12.2017 12.12.2017 12.12.2017 12.12.2017 14.12.2017 14.12.2017 14.12.2017 14.12.2017 17.12.2017 18.12.2017 27.12.2017 29.01.2018 31.01.2018 01.03.2018 01.03.2018 03.03.2018 04.03.2018 13.03.2018 15.03.2018 20.03.2018 28.03.2018 29.03.2018 29.03.2018 03.04.2018 07.04.2018 12.04.2018 16.04.2018 18.04.2018 22.04.2018 07.05.2018 07.05.2018 17.05.2018 22.05.2018 23.05.2018 23.05.2018 09.09.2018 10.09.2018 10.09.2018 10.09.2018 10.09.2018 10.09.2018 10.09.2018 10.09.2018

21939 21940 20992 21941 21942 21943 21944 21945 21946 21947 21948 21949 21151 21152 SEB Cash 21153 Cash 21154 Cash 21157 Cheque 21575 SEB Cheque 19674 Cash 19676 Cash 19678 Cash 19680 Cash 19682 Cheque 19683 Cheque 19685 Cash 19686 Cheque 19688 Cash 19689 Cheque 19691 Cash 19692 Cash 19693 Cash 19694 Cheque 19695 Cheque 19696 Cash 19699 Cheque 19700 Cash 19802 Cash 19803 Cheque 19806 Cash 19807 Cash 19824 (a) Cash 19824 (c) Cheque 19825 Cheque 19826 Cash 19827 Cash 19828 Cash 19829 Cash 19831

189 Mohammad Tanvirul Islam Bhuyan ACS 190 Md. Abdul Majid ACS 191 Sukomal Chakraborty ACS 192 Mohammad Rasel ACS 193 Md. Rajibul Areﬁn ACS 194 Md. Sohel Amin ACS 195 Suman Das ACS 196 Sujan Biswas ACS 197 Mohammad Nazrul Islam ACS 198 Md. Abu Saeed ACS

A-0513 A-0514 A-0515 A-0516 A-0517 A-0518 A-0519 A-0520 A-0521 A-0522

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

10.09.2018 12.09.2018 15.09.2018 16.09.2018 19.09.2018 20.09.2018 26.09.2018 01.10.2018 03.10.2018 10.10.2018

Cash Cheque Cheque Cash Cash Cash Cash Cash Cash Cheque

Sl. #

Name of the Member

Institute of Chartered Secretaries of Bangladesh (ICSB)

Amount in BDT 2015 2016 2017

2018

Payment Date

Payment M/R Mode No. Cheque Cash Cash Cheque Cash Cash Cash Cheque Cash Cash Cheque Cheque Cash Cash

19832 19834 19835 19836 19838 19839 19841 19843 19844 20105

2018 Sl. #

Name of the Member

Membership No

199 M Mazedul Islam ACS A-0523 200 Mohammad Abir Islam ACS A-0524 201 Mohammad Sohel Rana ACS A-0525 202 Md. Mijanur Rahman ACS A-0526 203 Md. Abdur Rahman Rony ACS A-0527 204 Iftekharul Islam ACS A-0528 205 Md. Mahbub Mofazzal ACS A-0529 206 Nurul Hasanat Jilani ACS A-0530 207 Md. Aminul Islam ACS A-0531 208 Md. Anowar Hossain ACS A-0532 209 Sonjoy Maitra ACS A-0533 210 Md. Imran Hossain Kabir ACS A-0534 211 Sweety Akhter ACS A-0535 Sub-Total (Induction as Associate Members) GRAND TOTAL In words (Tk.): Six lac twenty thousand only

2014

Amount in BDT 2015 2016 2017

2018

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 150,000 200,000 860,000 350,000 550,000 520,000 623,020 1,017,500 505,000 620,000

Payment Date 14.10.2018 14.10.2018 15.10.2018 17.10.2018 17.10.2018 17.10.2018 17.10.2018 21.10.2018 22.10.2018 22.10.2018 27.10.2018 30.10.2018 24.12.2018

Payment M/R Mode No. Cheque Cash Cheque Cash Cash Cash Cash Cash Cash Cash Cheque Cash Cash

20119 20120 20140 20144 20146 20147 20148 20203 20206 20201 20212 20217 20232

Institute of Chartered Secretaries of Bangladesh (ICSB)

www.icsb.edu.bd

Chartered Secretary is Everywhere

Institute of Chartered Secretaries of Bangladesh Padma Life Tower (7th & 8th Floor) 115 Kazi Nazrul Islam Avenue Bangla Motor, Dhaka-1000 Bangladesh Phone E-mail

: 880 2 831 5338, 933 9957 933 6901, 935 6972, 4934 9578 : icsb@icsb.edu.bd