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Reliance Ins approves 25pc cash dividend

Chairman, Vice-Chairman elected


| Updated: July 16, 2020 09:53:51


Reliance Ins approves 25pc cash dividend

The 32nd Annual General Meeting of Reliance Insurance Limited was held on Sunday on digital platform. Mr. Habibullah Khan, Vice-Chairman of the Board of Directors presided over the meeting.

The 32nd Annual General Meeting of Reliance Insurance Limited was held on Sunday on digital platform. Mr. Habibullah Khan, Vice-Chairman of the Board of Directors presided over the meeting.

The shareholders in the AGM approved 25 per cent cash dividend for the year 2019. During the year 2019 the company achieved a gross premium income of Tk. 3,004.15 million as against Tk. 2,689.26 million in the previous year and earned pre-tax profit Tk. 849.76 million.

Two new directors from the public shareholders Mr. Md. Habibur Rahman Mollah FCA and Ms. Sabra Yasmin Chowdhury were elected in the said AGM, said a statement.

Later in the meeting Ms. Zakia Rouf Chowdhury and Ms. Shahnaz Rahman were unanimously elected as Chairman and Vice-Chairman respectively.

The Board of Directors of the Company is now comprised of the following members-Ms. Zakia Rouf Chowdhury (Chairman), Ms. Shahnaz Rahman (Vice-Chairman), Mr. Shamsur Rahman, Mr. Habibullah Khan, Mr. Rajiv Prasad Shaha, Mr. Arshad Waliur Rahman, Mr. Imran Faiz Rahman, Mr. Iftekharul Huq, Ms. Samira Alam, Ms. Sabra Yasmin Chowdhury, Mr.Md. Habibur Rahman Mollah FCA, Ms. Amiran Hossain, Ms. Srimati Shaha, Ms. Shahzreh Huq, Mr. Ahmed Shafi Choudhury, Mr. Azizur Rashid FCA and Mr. Md. Khaled Mamun FCII (UK), Chief Executive Officer.

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