Bangladesh Securities and Exchange Commission Chairman Professor Shibli Rubayat-Ul-Islam said Bangladesh’s economy is considered to be one of the most resilient economies in the world.
“Bangladesh economy is considered to be one of the most resilient economies in the world. Impact investment is essential as it adds immense value to the society and generates a measurable social and environmental impact alongside a financial return. Bangladesh is now in a position where it can embrace the world of impact investing because of its vibrant economy,” he said.
Shibli Rubayat-Ul-Islam came up with the observation while speaking at a webinar titled ‘Shaping a Resilient Economy Through Impact Investment’ marking week-long World Investor Week 2021 on Wednesday.
Venture Capital & Private Equity Association of Bangladesh (VCPEAB) organized the webinar.
The roundtable discussed the various initiatives of security regulators to enhance the venture capital and startup ecosystem and create a resilient economy through impact investment. Impact is the measure of Environmental, Social and Governance (ESG) benefits of a particular action. It is not only about minimizing harmful outcomes, but also actively creating good ones by harnessing entrepreneurial talent and innovation. ESG initiatives need to be connected with investment which will enable entrepreneurs to finance purpose-driven businesses and create positive impact.
Planning Minister MA Mannan attended the webinar as chief guest while VCPEAB President Shameem Ahsan presented the keynote paper.
MA Mannan said, “The government alone do not have the means to rectify the man-made social and environmental problems. Joint efforts by businesses, investors, and entrepreneurs with those of governments, non-profit organizations, philanthropists, and social enterprises need to come forward to develop innovative approaches to address these critical issues.”
Bangladesh Securities and Exchange Commission (BSEC) Commissioner Prof Shaikh Shamsuddin Ahmed, Commissioner Prof Mizanur Rahman, Centre for Policy Dialogue (CPD) Executive Director Fahmida Khatun, Financial Reporting Council Bangladesh Chairman Hamid Ullah Bhuiyan, Institute of Chartered Accountants of Bangladesh (ICAB) President Mahmudul Hasan Khusru, Bangladesh Bank Executive Director Nurun Nahar and BSEC Executive Director Mohammed Shafiul Azam spoke, among others.
