Home ›› 26 Aug 2021 ›› Corporate

Pioneer Insurance holds AGM

Staff Correspondent
26 Aug 2021 00:00:00 | Update: 26 Aug 2021 07:58:53
Pioneer Insurance holds AGM

The 25th Annual General Meeting of Pioneer Insurance Company Limited was held virtually on Wednesday.

AKM Rahmatullah, Member of Parliament and Chairman of Pioneer Insurance Company Limited presided over the meeting, said a press release.

Directors M Anis Ud Dowla, Tapan Chowdhury, Syed Nasim Manzur, Alamgir Shamsul Alamin, Shafiqul Islam Khan, Sylvana Sikder, Fahama Khan, Sanchia Chowdhury, M.A. Majed, Parveen Akther, Rozina Afroze, Quazi Habibul Haque, Lt. Col. (Retd.) Muhammad Nazrul Islam, Bir Protik, MP, M. Mokammel Haque, Consultant Mr. Q.A.F.M. Serajul Islam and Chief Executive Officer Mr. Tarik Ur Rahman as well as a large number of shareholders were present in the meeting virtually.

In the year 2020 the company earned premium of Tk 290.55 crore and net profit of Tk 75.04 crore. The meeting approved 20% cash & 10% stock dividend for shareholders for the year ended on December 31, 2020 as recommended by its board of directors. The shareholders expressed their satisfaction with company’s performance during the year. The chairman of the company, on behalf of the board of directors, expressed his heartfelt gratitude to the shareholders for their continued support to the company.

×