‘Good corporate governance prerequisite for investment’
UNB, Dhaka
Good corporate governance in the institutions is a prerequisite for both foreign and domestic investment as well as for developing capital market.Senior Research Associate of Bangladesh Enterprise Institute (BEI) Wendy Werner made the suggestion in the keynote she presented in a seminar on "Corporate Governance" here yesterday. The seminar was held at Bangladesh Shilpa Bank (BSB) office, with the BSB Chairman Prof Abu Ahmed in the chair. The speakers advised the Shilpa Bank to apply good corporate governance within the bank's domain to improve its lending portfolio, non-performing loans and banking performance. It has been urged to disclose the corporate-governance goals and strategy to provide better credit facilities to the borrowers. The BSB organised the seminar to create awareness among its officers and executives about the advantage of good corporate governance practices. The bank's managers and higher executives joined the seminar to share experiences on the corporate-governance issue. Its Managing Director M Ziaul Haq and General Manager Irfan Hossain also spoke at the function.
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