The Credit Rating Agency of Bangladesh Ltd. (CRAB) held its 21st Annual General Meeting on Wednesday, chaired by CRAB Chairperson Noor A. Alam Chowdhury.
Board members present included Tapan Chowdhury (Managing Director, SQUARE Pharmaceuticals), Asif Ibrahim (Vice Chairman, New Age Group), Raihan Rahman (Director, Groundstone Corporation, Canada), Tania Nusrat Zaman (former UNDP and World Bank policy expert), Asif Saad Bin Shams (IDLC Finance), Md. Nurul Huda (ICB), Sahil Humayun (Unicorn Equities), and Shahed Shams Azad (Managing Director & CEO of CRAB).
Chairperson Noor A. Alam Chowdhury said that despite economic and political challenges, CRAB’s achievements in 2024–25 were possible thanks to the efforts of shareholders, board members, management, and clients.
He highlighted that improving service quality, developing human resources, and expanding technology adoption will remain CRAB’s top priorities.
Managing Director Shahed Shams Azad presented CRAB’s activities and progress for 2024–25, emphasizing the agency’s continued focus on technology-driven innovations in its rating services.