Institute of Chartered Secretaries of Bangladesh

Institute of Chartered Secretaries of Bangladesh (ICSB), established in 2010 under the Chartered Secretaries Act 2010, is a public institute for training of company secretaries of Bangladesh.[2] The institute is a statutory body, which falls under the Ministry of Commerce of Government of Bangladesh.[3]

Institute of Chartered Secretaries of Bangladesh
AbbreviationICSB
Formation2010
TypeProfessional Institute
Professional title
ACS, FCS
HeadquartersPadma Life Tower, (7th & 8th floor), 115 Kazi Nazrul Islam Avenue
Location
  • Dhaka-1000
Region served
Bangladesh Bangladesh
AffiliationsCSIA [1]
Websiteicsb.edu.bd

History

The Institute of Chartered Secretaries and Managers of Bangladesh (ICSMB), a national professional institute,[4] was established in July 1997 under license from the Companies Act 1994. Subsequently, on 7 June 2010, parliament unanimously passed the Chartered Secretaries Bill 2010. On 16 June 2010, the Institute of Chartered Secretaries of Bangladesh (ICSB) has since been converted into a statutory body under the Chartered Secretaries Act, 2010. The Institute of Chartered Secretaries of Bangladesh is administered by a Council consisting of 13 elected members and 5 nominees of the government of Bangladesh. The ICSB National Award 2014 for Corporate Governance Excellence was held in November 2015 and 3rd ICSB National Award for Corporate Governance Excellence 2015 was on December 24, 2016, at Pan Pacific Sonargaon Hotel.

Professional course by ICSB

Chartered Secretarial Course is the highest professional degree offered by the ICSB Institute. The CS course consists of 18 papers during the course period of 2.5 years in 5 semesters. Each paper has 100 marks. It offers courses twice in a year, for January–June session in December and for July–December session in June.[5] The student handbook contains details of its academic professional courses. The secretarial standard is also maintained.[6]

Comparing ICSB with other professional bodies

The prime task of ICSB is to create professional in order for ensuring sound corporate governance in banks, Insurance and other financial institutions in Bangladesh.[7] In Bangladesh, Institute of Chartered Accountants of Bangladesh, Institute of Cost and Management Accountants of Bangladesh, Bangladesh Insurance Academy and ICSB itself creates Chartered Accountants, Cost & Management Accountants, Chartered Insurers, and Chartered Secretaries respectively for financial services industry of the country.

International affiliation

The institute has the affiliation with the following institution:

  • The Corporate Secretaries International Association (CSIA)[1]

References
  1. "CSIA Affiliation". CSIA. Archived from the original on 12 August 2015. Retrieved 17 October 2015.
  2. "Bill to drop provision of past experience". The Daily Star. 8 June 2010.
  3. "FAQ - ICSB". ICSB. Retrieved 2016-04-12.
  4. "BSEC for 'National Policy on Financial Education'". The Financial Express Online Version. Retrieved 2016-04-12.
  5. "How to become a company secretary". I am a Student.Net. Archived from the original on 2017-05-25. Retrieved 2015-10-17.
  6. "Sec. Std. 2: AGM". ICSB.
  7. Reza, Malik Muntasir (29 March 2015). "Ensuring sound corporate governance in banks, FIs". The Financial Express. Dhaka.
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