[2] The institute is a statutory body, which falls under the Ministry of Commerce of Government of Bangladesh.

Subsequently, on 7 June 2010, parliament unanimously passed the Chartered Secretaries Bill 2010.

The ICSB National Award 2014 for Corporate Governance Excellence was held in November 2015 and 3rd ICSB National Award for Corporate Governance Excellence 2015 was on 24 December 2016, at Pan Pacific Sonargaon Hotel.

Chartered Secretarial Course is the highest professional degree offered by the ICSB Institute.

[6] The prime task of ICSB is to create professional in order for ensuring sound corporate governance in banks, Insurance and other financial institutions in Bangladesh.