Eastern Bank PLC (EBL) secured the coveted gold award in the general banking category at the 10th ICSB National Award 2022 for Corporate Governance Excellence, with the ceremony taking place at the Radisson Blu Water Garden Hotel. This achievement, celebrated last Saturday, stands as a significant milestone for EBL and underscores the bank’s steadfast dedication to maintaining outstanding corporate governance standards.
EBL was singled out for its outstanding corporate governance standards, transparency, and accountability across all facets of management. The gold award was presented to Ali Reza Iftekhar, the Managing Director and CEO of EBL, by Commerce Secretary Tapan Kanti Ghosh, in recognition of the bank’s commitment to best practices in corporate governance.
This recognition stands as a testament to EBL’s dedication to maintaining a high standard of corporate governance, and it marks the fifth gold award received by the bank since the inception of the ICSB National Award for Corporate Governance Excellence in 2013.
The esteemed CEO of EBL expressed his belief that this award would serve as a catalyst, inspiring the organization to continue upholding sound corporate governance principles and further enhancing their commitment to excellence as they pave the way for future development and growth.
The ICSB National Award ceremony celebrated the achievements of 40 companies across 14 different categories, highlighting the critical role of corporate governance in fostering excellence and transparency in the business world.
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