Reliance Ins AGM approves 25pc cash dividend -
March 31, 2022 00:00:00
The 34th annual general meeting of Reliance Insurance Limited was held on a digital platform on Wednesday, with its Chairman Shahnaz Rahman in the chair
The 34th annual general meeting (AGM) of Reliance Insurance Limited was held on Wednesday on a digital platform, says a press release.
Presided over by Shahnaz Rahman, chairman of the Board of Directors, the meeting was attended by a large number of shareholders.
The shareholders approved 25 per cent cash dividend for the year 2021. In 2021, the company achieved a gross premium income of Tk 3,140.35 million as against Tk 2,931.92 million in the previous year and earned a pre-tax profit of Tk 836.86 million.
Two new directors from public shareholders -- Sabra Yasmin Chowdhury and Srimati Shaha -- were elected in the AGM.
The AGM was followed by a meeting of the Board of Directors where its members discussed the future direction of the company. Later, Rajiv Prasad Shaha and Shamsur Rahman were unanimously elected chairman and vice-chairman respectively at the meeting.
The Board of Directors of the company is now comprised of the following members: Rajiv Prasad Shaha (chairman), Shamsur Rahman (vice-chairman), Shahnaz Rahman, Zakia Rouf Chowdhury, Samira Alam, Arshad Waliur Rahman, Imran Faiz Rahman, Iftekharul Huq, Sabra Yasmin Chowdhury, Abdullah Al Mamun FCA, Amiran Hossain, Srimati Shaha, Shahzreh Huq, Md Habibur Rahman Molla FCA, Azizur Rashid FCA, Anis-uz-Zaman Khan, Prof Mohammad Abdullah and Md Khaled Mamun FCII, (chief executive officer).