ICAB, CIPFA pledge support for high-quality PSFM

The Chartered Institute of Public Finance and Accountancy (CIPFA), UK, and the Institute of Chartered Accountants of Bangladesh (ICAB) reaffirmed their commitment to advancing high-quality Public Sector  Financial Management (PSFM).  A Memorandum of Understanding (MoU ) was resigned on 18 November 2025 at the CIPFA Office in London aiming to  achieve the goal.   

The renewed collaboration underscored the shared vision of promoting excellence, integrity, and innovation across the profession.  During the meeting, both Institutes discussed several key areas shaping the future of public finance, including expanding pathways into the profession through enhanced education and training and facilitate membership recognition; the evolving intersection of the public and private sectors, including the role of state-owned enterprises; to jointly work for development of PSFM areas in Bangladesh and forensic accounting and initiatives aimed at preventing corruption. 

ICAB President NKA Mobin FCA, Vice Presidents Suraiya Zannath FCA and Md. Rokonuzzaman FCA, and Chief Operating Officer Mahbub Ahmed Siddique FCA represented ICAB at the event. CIPFA CEO Owen Mapley, Chief Operating Officer Anna Blackman, Senior Lead – International Partnership Steve Watkin, and Head of Qualification and Membership Anna Howard welcomed the ICAB delegation and actively took part in the discussion.