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Insurance industry faces skilled manpower shortage

Says BIA president
TBP Desk
05 Aug 2023 22:14:26 | Update: 05 Aug 2023 22:26:45
Insurance industry faces skilled manpower shortage

The country’s insurance industry has been facing a tremendous shortage of skilled manpower which is ultimately causing hindrance in attaining the expected growth of the industry, said Bangladesh Insurance Association (BIA) President Sheikh Kabir Hossain on Saturday.

He came up with the remarks while attending a programme marking the 10th anniversary of Sonali Life Insurance as the chief guest. The company arranged a colourful celebration at the International Convention City, Bashundhara (ICCB) in the capital, according to a press release.

Sonali Life Insurance, the country’s fastest-growing fourth-generation insurance company, started its journey on August 01, 2013, with the commitment and objectives to bring about qualitative changes in the industry through digitisation, establishing good governance and protecting the rights of policyholders, as well as the insurance sector employees institutionally. 

Founder of Sonali Life Insurance Company, Mostofa Golam Quddus presided over the programme while Vice Chairman Fouzia Qamrun Tania, Director Sheikh Mohammad Danial, and Adviser PK Roy among others addressed the celebration.

Addressing as the chief guest, Sheikh Kabir Hossain greeted the Sonali Life Insurance Company and its able management for the successful journey of one decade and praised them for contributing to achieving faster and targeted growth.

He acknowledged that Sonali Life has been contributing to bring about changes in the country’s insurance industry which is worth being followed by many others. 

The Chief Executive Officer (CEO) Mir Rashed Bin Aman moderated the event and also made a presentation highlighting the company’s performance, latest innovation, growth picture, overall market situation, challenges and prospects of the country’s insurance industry.    

This is to mention that very recently Sonali Life has achieved a prestigious and globally recognised award named ‘Commonwealth Business Excellence Award-2023’ in a total of six categories.

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