ICMAB

A delegation lead by ICMAB President Mr. Arif Khan FCMA attended a pre-budget discussion meeting at NBR on 4 May 2016. ICMAB President presented Tax, VAT and Customs duty related proposals of ICMAB to be incorporated in Finance Act-2016.

Prof. Dr. Swapan Kumar Bala FCMA, Treasurer of ICMAB has been appointed as Commissioner of Bangladesh Securities & Exchange Commission (BSEC).

Mr. Arif Khan FCMA has been appointed Chief Executive Officer and managing director of IDLC Finance.
Khan was a commissioner of Bangladesh Securities and Exchange Commission for five years, according to a statement.
He began his career with AB Bank and has worked with BAT Bangladesh, Beximco Fisheries and Zenith Investments. He also worked with IDLC for 15 years.
He is a member of the CFA Institute, USA, and the current president of the Institute of Cost and Management Accountants of Bangladesh.

A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Mr. Arif Khan FCMA called on Mr. Mohammad Iqbal, Chairman, Bangladesh Chemical Industries Corporation(BCIC) at his office on April 05, 2016.

ICMAB  BCICThe ICMAB President apprised the Chairman, BCIC about the role of Cost and Management Accountants in enterprise management, cost control and performance evaluation of business and industrial sectors. Besides the discussion on the matters of mutual professional interest, President ICMAB also explained how the trade and industries sector of the country could be benefited through Cost and Performance Audit. He also urged upon the need for implementing Cost Audit in different fertilizer factories, in accordance with the decision of the government published through Gazette notification.

The BCIC Chairman gave the assurance of implementing the decision of the government with regards to Cost Audit gradually and step by step. He assured to find out the areas of co-operation between BCIC and ICMAB. He also sought support of ICMAB to make its sick industries profitable.

Among others Secretary Mr. Md. Abdur Rahman Khan FCMA, Treasurer Prof. Dr. Swapan Kumar Bala FCMA, Council Member and Past Presidents Mr. M. Abul Kalam Mazumdar FCMA, Mr. Mohammed Salim FCMA and Director (In-charge) Mr. Nazmus Salehin of the institute were present in the occasion.

On the other hand BCIC Director (P & I) Md. Lutfor Rahman FCMA, Controller of Accounts Mohammad Shaheen Kamal and Additional Chief Accountant Mr. Subhasish Adhikary FCMA were also present during above discussion.

Arif Khan FCMA PP JAC MUA AR Khan SK Bala

Mr. Arif Khan FCMA has been elected President of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) in its meeting held on 09 February 2016.

The Council also elected Mr. Jamal Ahmed Choudhury FCMA and Prof. Mamtaz Uddin Ahmed FCMA as Vice-Presidents, Mr. Md. Abdur Rahman Khan FCMA as Secretary and Prof. Dr. Swapan Kumar Bala FCMA as Treasurer of the Institute.

Prior to his new role, Mr. Arif Khan FCMA was elected Vice President of ICMAB for two terms. He served the Institute as Secretary and Treasurer in different terms. Mr. Khan also served as Commissioner of Bangladesh Securities & Exchange Commission (BSEC). Before joining the regulatory body, he served several national and multinational companies in different capacity. He was in charge of significant reforms initiatives of BSEC in the last four and a half years. He was also a member of the “Core Committee” of Bangladesh Bank for developing guidelines for “Domestic Factoring Operation in Bangladesh” and “Asset-Liability Management of NBFIs”. He was the first elected President of Bangladesh Merchant Bankers' Association (BMBA). Besides his Masters in Finance from Dhaka University, he also obtain MBA designation from the Institute of Business Administration (IBA) of same University. Mr. Khan is a Charter holder of CFA Institute, U.S.A.

Mr. Jamal Ahmed Choudhury FCMA served as Vice-President and Secretary of ICMAB. He was also the Chairman of Dhaka Branch Council of ICMAB. He is the Executive Director, Accounts & Finance, Beximco Pharmaceuticals Ltd.- a leading Pharmaceutical industry of the country.

Professor Mamtaz Uddin Ahmed FCMA is a senior Fellow Member of the Institute, has been serving as a faculty in the Department of Accounting & Information Systems (AIS), University of Dhaka since July 14, 1986. Earlier, he was the President of the ICMAB for the year 2007 & 2012 and was the Vice President in 2005 & 2006. He worked as the Chairman of AIS department from 2012 to 2015. Currently he is serving the Chittagong Stock Exchange as an Independent Director. He was a part time member of the 8th Pay Commission 2015.

Mr. Md. Abdur Rahman Khan FCMA is currently working as Deputy Secretary in Finance Division of the Ministry of Finance of the Government of the People’s Republic of Bangladesh. Before this, he worked in income tax administration for about 22 years in home and abroad. Mr. Khan served as an International Adviser to United Nations and Consultant of World Bank during 2004-2011. Previously, he served ICMAB as Treasurer and Secretary in 2014 and 2015 respectively. Mr. Khan is the Board Member of CAPA’s Public Sector Financial Management Committee for the term 2016-2019.

Prof. Dr. Swapan Kumar Bala FCMA is currently working as the Managing Director of Dhaka Stock Exchange Limited. By profession he is a Professor of Dhaka University. Last year, he also served ICMAB as Treasurer. He was the Chairman of Dhaka Branch Council in 2008. Dr. Bala is the Chairman of SAFA Committee on NPOs and Co-operatives Sector.

A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Mr. Arif Khan FCMA called on Mr. Hedayetullah Al Mamoon, ndc, Senior Secretary, Ministry of Commerce, Government of the People’s Republic of Bangladesh at his office on March 29, 2016.

ICMAB Commerce Secretary

ICMAB President updated the honorable Senior Secretary about the overall affairs of the Institute and particularly about the development issues of CMA profession. He also sought help of the Senior Secretary for development of ICMAB and the Senior Secretary assured him to provide all out support and assistance to ICMAB.

The ICMAB delegation apprised the Senior Secretary of the role of Cost and Management Accountants and their contribution in the trade, business, industry and other service sectors of the country.

Among others Secretary of the Institute Mr. Md. Abdur Rahman Khan FCMA, Treasurer Prof. Dr. Swapan Kumar Bala FCMA, Council Member and Past Presidents Mr. M. Abul Kalam Mazumdar FCMA and Mr. Mohammed Salim FCMA and Director (In-charge) Mr. Nazmus Salehin of the Institute were present on the occasion.

A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Mr. Abu Sayed Md. Shaykhul Islam FCMA called on  Mr. Hedayetullah Al Mamoon, ndc, Senior Secretary,  Ministry of Commerce, Government of the People’s Republic of Bangladesh at his office on September 22, 2015.

Commerce Secretary  ICMAB 21-09-15

ICMAB President updated the Senior Secretary about the on-going activities of the institute and sought all out support and cooperation of the ministry for holding SAFA International Conference 2015 successfully. It may be mentioned that ICMAB will host the said SAFA conference on 18 & 19 October 2015 at Pan Pacific Sonargaon Hotel, Dhaka and delegates from the member countries of SAARC will participate in same.

The Senior Secretary for Commerce assured the ICMAB President and the members of the delegation of his continued support for the development of CMA profession and SAFA Conference 2015.

Among others Council Member and Past President Mr. Mohammed Salim FCMA and Director (In-charge) Mr. Nazmus Salehin of the institute were present on the occasion.

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