IPDC Finance PLC holds 100th board audit committee meeting | The Business Standard
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MONDAY, MAY 19, 2025
IPDC Finance PLC holds 100th board audit committee meeting

Corporates

Press Release
18 May, 2025, 06:35 pm
Last modified: 18 May, 2025, 06:38 pm

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IPDC Finance PLC holds 100th board audit committee meeting

Press Release
18 May, 2025, 06:35 pm
Last modified: 18 May, 2025, 06:38 pm
IPDC Finance PLC holds 100th board audit committee meeting

More than 43 years old, IPDC Finance PLC, Bangladesh's first private sector Finance Company, has proudly marked a significant milestone in its corporate governance journey with the successful conclusion of its 100th Board Audit Committee Meeting on 13 May.

This landmark 100th session has been convened under Mr. Sarwar Azam Khan, FCA, FCS, Chairman of the Board Audit Committee, in the presence of Mr. Abdullah Al Mahmud Md: Kayes, Head of Internal Control and Compliance. Mr. Khan's dedicated leadership has played a vital role in upholding IPDC's high integrity, transparency, and risk management standards.

The presence of distinguished Audit Committee members, including Dr. Shah Md, further enriched the meeting. The Government of Bangladesh nominated Ahsan Habib, Independent Director, and Ms. Maqsura Noor, NDC, Director. Their continued insights and guidance have been instrumental in ensuring the Committee's strategic alignment with IPDC's governance objectives.

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Joining the session, Mr. Rizwan Dawood Shams, Managing Director of IPDC, emphasised the significance of this centennial milestone as a testament to the institution's enduring commitment to accountability and future-focused governance.

Barrister Samiul Hashim, Company Secretary, Head of Legal Affairs, and Acting Head of Brand and Corporate Communication, were also present, reflecting the collaborative and cross-functional leadership approach that defines IPDC's corporate ethos.

"This 100th meeting is not just a number, it's a powerful reflection of our commitment to ethical conduct, effective risk management, and transparency across all levels of the organisation," said Mr. Sarwar Azam Khan, Chairman of the Board Audit Committee.

Since its inception, the Audit Committee has played a crucial role in shaping IPDC Finance PLC's governance framework, overseeing compliance with internal control, and promoting a culture of continuous improvement.

As IPDC celebrates this proud milestone, it reaffirms its commitment to upholding the highest standards of governance and accountability, continuing to set benchmarks in Bangladesh's evolving financial sector.

TBS / IPDC / Corporate

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