BICM signs agreement with CGIA Institute

The Bangladesh Institute of Capital Market (BICM) has signed a Memorandum of Understanding (MoU) with the CGIA Institute – a US-based financial professional body that sets global standards for ethical investment practices through professional education.

Dr Nitai Chandra Debnath, acting executive president of BICM, and Sandeep Kumar, chairman of the CGIA Global Council signed the agreement – on behalf of their respective organisations – at an event at the BICM office, in the capital, on Monday.

Dr M Khairul Hossain, chairman of the Bangladesh Securities and Exchange Commission (BSEC) addressed the event as its chief guest, while Professor Md Helal Uddin Nizami, BSEC commissioner, was a guest at the event.

The BSEC Chairman said the number of corporate entities in the country is rising as Bangladesh's economy is growing with opportunities. These entities now need a skilled workforce to ensure corporate governance – and a CGIA professional degree can help generate skilled and ethical manpower.

To ensure good governance in the capital market and among corporate entities, BSEC has formulated corporate governance guidelines, he added.