GOVERNANCE:

GOVERNANCE:
The principal organs of ISDE Bangladesh management are;

 A General Body consisting of 21 members from the representative from beneficiary’s organization, development workers, civil societies and founder member of the organization.

 An Executive Board (EB) of 07 members elected by the General Council.

 The Executive Office headed by the Executive Director.

ISDE Bangladesh has a 07 members Executive Body comprising Chairperson, Vice-Chair, Secretary General, Treasurer and 03 others members. The Executive Board sits on a quarterly basis to formulate ISDE’s programme and management guidelines. The General Council is the highest policy making body which was formed with the NGOs and development scholars & civil society members in Chittagong regions. The present GC has been elected from the 21 general council who comes from local non-governmental organizations and civil society members. The GC provides overall guidance and directions, approves plan, policies, rules and regulations and budget. It also provides check and balance on behalf of ISDE stakeholders (beneficiaries, development partners, staff, local government and civil society people) while ISDE executives operate in their best interests of the organization. GC work as safeguard of ISDE for long term interest by critically considering the risks to which the organization is exposed and approving plans prepared by the management to address these risks. It supervises the selection, evaluation and remuneration packages of the senior management team, including the series plan for the position of Executive Director (ED) of the organization.

The Executive Office is responsible for coordinating the daily activities and provides necessary technical & financial support to partners and thematic partners’ organizations to run the activities smoothly.

The Executive Director who is also the General Secretary of the Executive Board supervises the organizational activities and programs. The Executive Director is assisted by program and professional staff, all having vast experience in the field of rural development and poverty alleviation. The Executive Board governs the policy matters and overall management issues of the organization, while the General Body is the supreme authority who formulate and approves rules, regulations, annual activities plan and budget of the organization.

Monthly program meeting is held with the representative from all sections and units of the organization. The Management people also sits monthly to discuss about the management issues and problems and makes recommendation to EB for solution. The section wise staff meeting sits monthly to review progress, problems and targets schedules, if necessary. Section Managers sits weekly to review the progress of activities, makes future plans and targets.

The Unit Managers supervise the all round activities at the unit level under supervision of the Central Project Manager and Program Coordinators. ISDE maintains gender balance in the organization and most of the field staff members are female fulfilling a significant role in the activities.

Financial Management:
ISDE Bangladesh has an administrative and finance section equipped with a computerized system of accounting. For financial accounts & book keeping, supporting vouchers for receipts and payments are maintained. The books of accounts are subject to regular annual audit. Periodical financial reports, such as the balance sheet and receipt and payment statements are prepared and submitted to the Executive Board (EB), NGO Affairs Bureau and the relevant donors. The EB keeps track and reviews the income and expenditure of ISDE regularly. The Finance Manager recommends and refers all financial matters to the Executive Director for decision and approval. However, in cases, where financial power exceeds his delegated authority, approval is required from the EB. Both accountability and transparency thus characterize the financial management. This unit also responsible for following activities:

 Financial reporting to the donor and others concern GOB authorities.

 Reviewing the accounting manual

 Expenditure/cost control

 Budget preparation for the project

 Internal audit at the branch level

However, ISDE Bangladesh has taken initiative with the technical assistance of the Concern Bangladesh & VSO Bangladesh to computerize the accounting system. In spite that CDF also provides technical assistance to develop the accounting and financial management system in micro-credit.



In addition that ISDE every year audited its all accounts by the external audit firm.

Banking Arrangement:
Banks’ Name: Eastern Bank Ltd
Address: Jubli Road Branch
Chittagong, Bangladesh.
Account No.: 0003106000-5950.

Bank Signatory: The Chairperson, Executive Director and Treasurer. The transaction made with the Executive Director with any body of the Chairperson or Treasurer.