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Shakti Foundation’s hat-trick win of ICAB Awards

Shakti Foundation was presented the Bronze Award under the NGO category at the 24th ICAB National Award organized by the Institute of Chartered Accountants of Bangladesh (ICAB) at Hotel Sonargaon Dhaka on 10 September, 2024.

A total of 22 organizations under 13 categories, including banks, insurance companies, NGOs, and the manufacturing sector, received awards for best annual reports, integrated reporting, and corporate governance disclosures at the ceremony. Honorable Adviser for Finance, Commerce, and Science and Technology, Mr. Salehuddin Ahmed, presided over the event as chief guest.

For over three decades, Shakti Foundation has been working to help the poor and marginalized through microfinance, health, climate change, and women empowerment activities. Shakti has pioneered in introducing digital microfinance to bridge the gender digital divide and ensure transparency and security in financial transactions. Recently, Shakti Foundation has earned the credit rating “AA” (Double A, High Safety) for the long term and “ST-2” (High Grade) for the short term.

On this occasion, Imran Ahmed, Deputy Executive Director of Shakti Foundation, said, “Getting the ICAB award for the 3rd time is a reflection of Shakti’s unyielding commitment to ensure transparency, accountability, and good governance at all levels of the workplace. We are honored to receive this prestigious award.”

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