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ICMAB delegation meets central bank governor

A delegation led-by Md. Kausar Alam FCMA, president of the Institute of Cost and Management Accountants of Bangladesh (ICMAB), on Monday pays a courtesy call on the Governor of Bangladesh Bank Md. Mostaqur Rahman FCMA, at the central bank's headquarters in the city. The delegation includes Monjur Md Shaiful Azam FCMA, secretary of ICMAB; Dr Md Musfiqur Rahman FCMA, treasurer of ICMAB; Arif Khan FCMA, former president.

A delegation from the Institute of Cost and Management Accountants of Bangladesh (ICMAB), led by its president, Md Kausar Alam FCMA, paid a courtesy call on Bangladesh Bank Governor Md Mostaqur Rahman FCMA at the central bank’s headquarters in Dhaka on Sunday.

The meeting reflected the shared commitment of both institutions to strengthening Bangladesh’s financial and regulatory framework.

During the discussion, the delegation exchanged views with the governor on a range of issues related to the financial sector, including corporate governance, financial reporting standards, and regulatory compliance and emerging risk management practices.

Speaking at the meeting, Kausar Alam said, “ICMAB remains committed to enhancing the professional capacity of cost and management accountants and promoting global best practices in cost management, financial governance, and corporate transparency across both the public and private sectors in Bangladesh. In today’s increasingly complex economic environment, professional accountants play a critical role in supporting sound financial management and strengthening institutional accountability.”

During the meeting, both sides highlighted the role of professional accountants in strengthening financial discipline, transparency and evidence-based decision-making.

The governor appreciated the contribution of CMAs to the economy and ICMAB’s role in developing skilled professionals, and expressed interest in closer collaboration with the institute on financial reporting, regulatory compliance, risk management and professional capacity development.

The delegation also included Monjur Md Shaiful Azam FCMA, secretary of ICMAB; Dr Md Musfiqur Rahman FCMA, treasurer of ICMAB; Arif Khan FCMA, past president; A K M Kamruzzaman FCMA and Dr Syed Abdullah Al Mamun FCMA, council members; and Md Mahbub-Ul-Alam FCMA, executive director of ICMAB.

Mannan Bapari FCMA, chairman of the Dhaka Branch Council (DBC), along with other DBC councillors and several senior bank executives from the CMA community, were also present.