17 December 2019Back
Summit Power Limited wins ICMAB Best Corporate Award seventh times in a row
Photo Caption: Chairman of Summit Group Muhammed Aziz Khan received first prize at the prestigious ICMAB Best Corporate Award 2018 in the Power Generation category from the Honorable Planning Minister M. A. Mannan MP.
(Dhaka) 17th December 2019, Tuesday: Summit Power Limited has secured the first position at the ICMAB Best Corporate Award 2018 under the power generation category. This is the seventh time in a row that Summit Power Limited has received this recognition from the ICMAB for corporate governance. Summit Power has been consistently ICMAB award winner since 2012.
The award ceremony was held at the Hotel InterContinental, Dhaka on 15th December 2019, Sunday. Vice Chairman of Summit Group Md Farid Khan, Director Azeeza Aziz Khan, Managing Director of Summit Power Lt Gen (Retd) Eng Abdul Wadud, Managing Director of Summit Gazipur II Power & Summit Ace Alliance Power Eng Md Mozammel Hossain, Chairman of CABC Committee of ICMAB Mohammad Ali Newaz FCMA, and President of ICMAB M. Abul Kalam Mazumdar FCMA were also present among the dignitaries.
About Summit Power Limited:
Summit Power Limited (SPL) is the leading independent power producer (IPP) of Bangladesh and a publicly listed AAA rated company. It is part of Summit Group that has combined 1,941 MW installed capacity and supplies electricity to the National Power Grid. Summit Group has received five consecutive the best power plant awards from government of Bangladesh since 2013. Summit Power Limited has been consistent in issuing dividend since its enlistment in both the Dhaka and Chittagong Stock Exchanges in 2005.
About ICMAB Best Corporate Award:
Since 2007, the award was introduced as a noble initiative to recognize the invaluable contribution made by the corporate entities in Bangladesh’s different sectors and encourage increased competitiveness among the enterprises for better efficiency. This year The Institute of Cost and Management Accountants of Bangladesh (ICMAB) awarded thirty-four companies under twelve different categories for Best Corporate Award 2018.