Independence Golden Jubilee Award Best Asset Manager in the country is Capitec Asset Management Limited

July 29, 2023 - Saturday

Capitec Asset Management Limited, one of the leading asset management companies in the country, has been awarded the "Independence Golden Jubilee Award" for the best asset manager category, organized by the Bangladesh Securities and Exchange Commission (BSEC). The company secured the first position in the prestigious award for its exceptional performance in the year 2022.

On Tuesday, 25th July, the Bangladesh Securities and Exchange Commission (BSEC) officially awarded the winners, including Capitec Asset Management Limited, at the ceremony. The chief guest at the event was the Honorable State Minister, Asaduzzaman Khan, MP, who presented the award to Mr. Hasan Rahman, the Founder and Chairman of Capitec Asset Management Limited, on behalf of the company.

In that event held at the Bangabandhu International Conference Center in Agargaon, Dhaka, the special guest was Sheikh Mohammad Salim Ullah, Secretary of the Financial Institutions Division of the Ministry of Finance. The event was chaired by Professor Shibli Rubayat-Ul-Islam, Chairman of the Bangladesh Securities and Exchange Commission (BSEC).

Regarding the receipt of the Golden Jubilee Award, Capitec Asset Management Limited's founder and Chairman, Mr. Hasan Rahman, expressed gratitude to the Bangladesh Securities and Exchange Commission (BSEC) for acknowledging their commendable initiative. He stated that this award is a testament to their dedicated efforts. Mr. Rahman also emphasized that it will further motivate them to be more responsible in the development of mutual funds and the preservation of investors' interests in the capital market.

Under the leadership of Mr. Hasan Rahman, Founder and Chairman of Capitec Asset Management Limited, Capitec is developing and expanding its business with integrity and compliance. They have also been working towards ensuring a promising future for the country's mutual funds and the capital market. Despite the challenges posed by the COVID-19 pandemic and the ongoing Russia-Ukraine War, Capitec continues to provide the highest returns to their investors.

Currently, Capitec manages three open-ended mutual funds. Capitec is in process to launch a Tk 200 crore closed-end mutual fund named 'Capitec Grameen Bank Growth Fund'.

It is worth mentioning that since last year, the Bangladesh Securities and Exchange Commission (BSEC) has been awarding the "Independence Golden Jubilee Award" to brokerage houses, merchant banks, and asset management companies. The performance of these institutions is evaluated over one year, and three awards are given in each category.