News Briefs-(24-04-2018)

Tuesday, 24 April 2018

Premier Bank gets new MD
The board of directors of Premier Bank Limited has appointed M. Reazul Karim, FCMA as the bank's new Managing Director (MD) and CEO with effect from 23rd April, 2018. Mr. Karim started his career with National Bank in 1984 and what soon followed was the continuous rise of his banking excellence. During his vast versatile banking career, he has disseminated his expertise in National Bank Limited & Prime Bank Limited as Additional Managing Director. He has joined Premier Bank as the Additional Managing Director and Chief Business Officer in 2013, thereafter serving for five years, has been officially entrusted with the position of the Managing Director & CEO (in-charge) since February 2018. Mr. Karim has completed his Masters from the University of Dhaka and attended various training sessions, seminars and workshops in banking at home and abroad. His long career path is studded with branch management, corporate banking, credit risk review and leadership. — Statement

Eastland Ins holds board meeting
The 183rd meeting of the board of directors of Eastland Insurance was held at the company's head office recently, presided over by company Chairman Mahbubur Rahman. The board, among other issues, accorded approval for settlement of 45 cases of claims amounting to over Tk 14.93 million which included motor, fire, marine & miscellaneous. The company settled 119 claims of about Tk 24.20 million during the year 2018. Eastland Insurance settled 389 claims of Tk 234.76 million in the year 2017 and cumulatively about Tk 2.60 billion since its inception.
— Statement