Pioneer Insurance holds 27th AGM virtually

The 27th Annual General Meeting (AGM) of Pioneer Insurance Company Limited was held virtually on Wednesday. M Anis Ud Dowla, chairman of the company presided over the meeting.

Directors Messers AKM Rahmatullah, Tapan Chowdhury, Alamgir Shamsul Alamin, Sylvana Sikder, Sanchia Chowdhury, Parveen Akther, Rozina Afroze, Shafiqul Islam Khan, Lt Col (Retd) Muhammad Nazrul Islam, M Mokammel Haque, chief executive officer Syed Shahriyar Ahsan and Company Secretary SM Mizanur Rahman, as well as a large number of shareholders, were present in the meeting virtually, said a press release.

In the year 2022, the company earned a premium of Tk 311.14 crore and a profit after tax of Tk 51.54 crore. The meeting approved a 30 per cent dividend (25 per cent cash and 5 per cent stock) for the year ended December 31, 2022, as recommended by the board of directors. The shareholders expressed their satisfaction with the 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 of the company.