Transcom, ICAB sign MoU on using recruitment portal

Transcom Group and the Institute of Chartered Accountants of Bangladesh (ICAB) signed a memorandum of understanding (MoU) yesterday over using the ICAB's online job placement portal for recruitment purposes.

Shubhashish Bose, chief executive officer (CEO) of the ICAB, and Md Kamrul Hassan, chief financial officer (CFO) of Transcom Group, signed the MoU at the ICAB office in Dhaka.

Hassan said the business conglomerate was the first to sign such an MoU with the ICAB.

Transcom as a group has employed more than 20,000 people in its diverse range of businesses ranging from pharmaceuticals, newspapers and electronic home appliances, he said.

Currently, Transcom has 24 professional chartered accountants and more than 200 officials who partly completed FCAs, he said.

Transcom Group never defaulted for a single day and for a taka, he added.

Mahmudul Hassan Khusru, president of the ICAB, said local Navana and Trust companies were the first to offer taxi services in the country but those were not successful.

However, when Uber and Pathao emerged with the service, they were successful and made thousands of crores of taka. It was possible as technology acted as a bridge between the companies and service seekers, he said.

Similarly, the new ICAB job placement portal initiative will act as a matchmaking platform between employers and jobseekers free of cost, he said.

Not only some 35,000 certified graduates with finance backgrounds and 2,000 CA firms in the country, people from other disciplines will also be able to use this platform, Khusru also said.

Bose said some 2.5 million people enter the country's job market every year but the government alone cannot manage jobs for everybody.

As a result, the private sector has been playing a vital role in generating employment for the unemployed youth, he said.

Under the MoU, the ICAB will allow sign-in authority to Transcom Group to post all their vacancies in the portal for professionals in business, accounting and finance, said a statement from the ICAB.

Transcom Group will also promote the ICAB placement on their website. The ICAB members, students and students aspiring for CA qualification can search for suitable jobs and articleship opportunities through the portal.

Maria Howlader, chairperson of the Information and Communication Technology Committee of the ICAB, also spoke.

Mahbub Ahmed Siddique, chief operating officer of the ICAB, and Shakawat Hossain, assistant general manager of Transcom Group, were also present.