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Continental Insurance Chair, Vice Chair elected

Monday, 11 August 2025



The Board of Directors of Continental Insurance PLC in its 231st Board meeting held recently unanimously elected K.M. Alamgir as Chairman and Mr. Feroz Alam as Vice Chairman of the Company, says a press release.
K. M. Alamgir, born in a Muslim family, has emerged as a distinguished entrepreneur and leading businessman in his country. Graduating with a degree in Mechanical Engineering in 1983, his journey from academia to entrepreneurship exemplifies his dedication and talent. Through unwavering perseverance, Mr. Alamgir has carved a niche for himself as a visionary industrialist, shaping the business landscape of his nation.
Specialising in the plastic and polymer sectors, Alamgir serves as the Managing Director of Lira Group, a conglomerate known for its diverse portfolio and innovative ventures. His affiliations with esteemed organisations like Samrat Industries, Samrat Packaging Industries, Lira Industrial Enterprise Ltd., Lira Polymer Industries Ltd., Lira Doors Ltd., Bari Plastic Ltd., and Saj Corporation further underscore his prominent presence and influence within the business community.
Mr. Feroz Alam, a distinguished individual born in a noble Muslim family, is recognized not only for his business acumen but also for his contributions to society and his admirable personal qualities. He is not only a respected entrepreneur but also a man well-regarded for his familial values and his noble disposition, which has earned him respect from individuals worldwide.
Mr. Feroz embarked on his professional journey within a multinational apparel company, a position that laid the foundation for his later entrepreneurial ventures. Mr. Feroz's hard work and perseverance have consecutively led to numerous achievements in the business sector. Together with his close friends, he co-founded the Tusuka Group, thereby establishing it as one of the premier manufacturing & 100% export oriented garments entities within the country, where he presently holds the position of Director.
Subsequently, he took directorial responsibilities at Continental Insurance PLC.
His journey did not solely confine him to the apparel industry; he widened his entrepreneurial scope by venturing into the airline sector.
In 2018, he ventured into the airline business with Novo Air, assuming the vital role of Deputy Managing Director. Mr. Feroz also took responsibilities at Gazipur Metropolitan Chamber of Commerce & Industry as Director and as a President of Nikunja-1 Society.