Walton gets ICSB, ICMAB award for 5 and 4 consecutive times

Published : Monday, 12 January, 2026 at 12:00 AM Count : 98

Walton has achieved the 'ICSB National Award for Corporate Governance Excellence' for five consecutive times and the 'ICMAB Best Corporate Award' for four consecutive times.

To mark these achievements, Walton arranged a grand event titled "Celebrating Corporate Award Achievements" at Walton's Corporate Office in Bashundhara in the capital on Saturday, says a press release.

Deputy Governor of Bangladesh Bank Dr Md. Habibur Rahman attended the celebration function as the Chief Guest while Chairman of the Investment Corporation of Bangladesh (ICB) Professor Abu Ahmed was present as special guest.

The event was also attended, among others, by Walton Hi-Tech Industries PLC's Vice-Chairman S M Ashraful Alam, Managing Director S M Mahbubul Alam and other officials of the company.

At the function, Walton Hi-Tech's Deputy Managing Director and Company Secretary Md. Rafiqul Islam, FCS gave the welcome speech.

Congratulating Walton for receiving best corporate recognitions from different professional institutions, Bangladesh Bank's Deputy Governor Dr Md Habibur Rahman said, In terms of product quality, state-of-the-art technology, and affordable pricing, Walton is ahead of many global brands.

He added that Walton's contribution to Bangladesh's economy is significant. By breaking the dominance of foreign brands in the market, Walton has reduced import dependency and now it has been earning a large amount of foreign currency by exporting products to many countries.

Speaking at the event, ICB Chairman Professor Abu Ahmed said that Walton's factory is well-managed and its workforce and production capacity are extensive. He noted that even 15 years ago, the electronics market in Bangladesh was dominated by foreign brands, but Walton has changed that picture.

By competing with foreign brands, Walton has been able to achieve market leadership. Walton continues to expand its capacity through regular investment. According to him, Walton has set an example of Bangladesh can produce hi-tech products.

Walton Hi-Tech's Managing Director S M Mahbubul Alam said that Walton follows proper compliance across all areas-from its factory establishments to production processes, workplace management, financial reporting, tax payment and corporate governance.

In terms of practicing good corporate governance, Walton is one of the leading companies in the South Asian countries and thus it was honoured with 'SAFA Gold Award'.