Corporate governance & risk management structure at IPDC Finance Limited

Abstract

The report conducted is on IPDC Finance Limited which provides financial products and advisory services. It was formed on 28 November 1981 and is the first private sector financial institution in Bangladesh. . It is a public limited company incorporated in Bangladesh under the Company Act 1913 (now the Company Act 1994) and is listed with the Dhaka and Chittagong Stock Exchange Limited since 02 December 2006. The Company has a well-diversified portfolio with a wide range of products and services which are corporate finance and advisory services, SME finance supply chain finance, retail wealth management and retail finances. This report is an integrated analysis of the company’s corporate governance and its risk management structure. The report consists of the corporate governance guidelines provided by the Security and Exchange Commissions to ensure IPDC complied with all the conditions and also with the Good Governance guidelines by Bangladesh Bank. It also includes the risk management structure, how the departments are divided and which risk is associated with which department, how the risks are controlled or mitigated and with what measures. For conducting the report the company’s annual reports were required. Some analysis and interpretation were made on the company’s financial ratios, which showed that the company has 0.38% Non-Performing Loans, which is outstanding and also difficult for other institutions to have.