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SAFA CONFERENCE 2016 SOUTH ASIA: CORRIDOR OF OPPORTUNITIES SAFA Conference 2016 www.icap.org.pk II SAARC Anniversary Award for Corporate Governance S. No. Country Name of Winners Awards/Certificate 1. Sri Lanka Commercial Bank Ceylon PLC Winner 2. Pakistan Al-Ghazi Tractors Limited 1st Runner up (Joint) 3. Bangladesh IDLC Finance Limited 1st Runner up (Joint) 4. Sri Lanka Hatton National Bank PLC 2nd Runner up 5. Pakistan Cherat Cement Company Limited Certificate of Merit 6. Pakistan Rafhan Maize Products Company Limited Certificate of Merit 7. Bangladesh Reliance Insurance Limited Certificate of Merit 8. Sri Lanka HNB Assurance PLC Certificate of Merit III Integrated Reporting Sector S. No. Country Name of Winners Awards 1. Sri Lanka Diesel & Motor Engineering PLC Winner 2. Sri Lanka Citizens Development Business Finance PLC 1st Runner up 3. Sri Lanka Mercantile Investments & Finance PLC 2nd Runner up SAFA Office Bearers 2016 Naeem Akhtar Sheikh is a past president and a Council member of ICAP since 2009. He served as chairman on various committees including Investigation Committee, Education and Training Committee, Professional Standards and Technical Advisory Committee. SAFA elected A.S.M. Nayeem, FCA, past president, The Institute of Chartered Accountants of Bangladesh (ICAB) as vice president SAFA for the year 2016. A.S.M. Nayeem is a fellow member of ICAB and an associate member L: President SAFA Naeem Akhtar Sheikh R: Vice President SAFA A.S.M. Nayeem of Institute of Chartered Accountants in England and Wales (ICAEW). He qualified in 1980. He has been a South Asian Federation of Accountants (SAFA), an apex Council member of ICAB since 1998. Currently, he is body of SAARC, has elected its new office bearers for the the chairman of Quality Assurance Board, ICAB and the year 2016. chairman of the committee on Professional Ethics and Independence, SAFA. Nayeem is a partner in ACNABIN Naeem Akhtar Sheikh, Council member of The Institute of Chartered Accountants, an Independent member firm of Chartered Accountants of Pakistan has been appointed as Baker Tilly International. president SAFA for the year 2016 w.e.f. January 1, 2016. He was the vice president SAFA for 2015. ICAP members have SAFA was formed in the year 1984 and at present has always carried the ICAP flag high and since 1993 various membership of ten accounting institutions in six SAARC members were appointed in the SAFA leadership. countries namely Bangladesh, India, Nepal, Pakistan, Sri Lanka and Maldives. Bhutan and Afghanistan, Naeem Akhtar Sheikh qualified in 1990. Currently he is where no accountancy body exists, have been given a senior partner in UHY Hassan Naeem & Co., Chartered Observer Status. SAFA has also been recognised Accountants. He is a committee chairman of government as an Acknowledged Accounting Grouping by the Virtual Knowledge and Training Centre (VKTC) SAFA. International Federation of Accountants (IFAC). The He has served as a technical advisor to Professional Institute of Chartered Accountants of India (ICAI) is Accountancy Organisation Development Committee one of the founder members of SAFA and also hosts its of International Federation of Accountants (IFAC). Permanent Secretariat at New Delhi, India. 18 19