The joint committee of Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountants of Pakistan (ICMAP) has awarded Meezan Bank's Annual Report 2011 the prize of being the fourth Best Corporate Report in the Banking Sector. The award was received by Shabbir Hamza Khandwala, CFO, Meezan Bank.
The objective of the Awards is to give recognition to excellence in corporate reporting in order to promote accountability and transparency through timely, informative, factual and reader-friendly Annual Reports for all stake holders of an organisation. The Best Corporate Report award is conferred to the best five annual reports in selected sectors each year by a joint committee of ICAP and ICMAP. Meezan Bank's annual reports for 2006, 2008 and 2009 were also amongst the top Corporate Annual Reports for the respective years.-PR