On 21 February 2026, a delegation from the state-owned State General Insurance Corporation (SBC) paid a courtesy visit to the Honourable Minister of Finance and Planning, Amir Khasru Mahmud Chowdhury, and the Minister of State, Md. Jonaid Abdur Rahim Shaki, in Dhaka. The SBC representatives extended congratulations to the newly appointed leadership, presenting flowers as a mark of goodwill.
The delegation was led by Mohammad Zainul Bari, Chairman of the SBC Board and former Secretary, and Md. Harun-or-Rashid, Managing Director and Additional Secretary. Also present was Nazma Mobarak, Secretary of the Financial Institutions Division of the Ministry of Finance.
During the meeting, SBC officials reaffirmed their commitment to advancing the country’s insurance sector. They emphasised that transparent and efficient business practices are vital to strengthening the industry and ensuring overall economic stability. “We are fully prepared to support the new leadership in implementing the government’s electoral manifesto,” the delegation stated.
The discussion focused on modernising the insurance sector, innovating new products, and expanding market outreach through close collaboration with the government. The officials highlighted the critical role of digital platforms and advanced risk management technologies in aligning the domestic insurance industry with international standards.
The key discussion points are summarised in the table below:
| Focus Area | Discussion Points | Objective/Goal |
|---|---|---|
| Sector Development | Overall advancement of the national insurance sector | Ensure economic stability |
| Transparency | Maintaining transparency in business processes | Build investor confidence |
| Collaboration | Support government manifesto implementation | Ensure effective policy execution |
| Technology Usage | Digital platforms and modern risk management techniques | Elevate insurance sector to international standards |
It was further noted that SBC’s role will extend beyond the mere sale of insurance products. The corporation intends to strengthen institutional capacity, promote public awareness, and provide training in risk management. Special insurance packages for small and medium-sized enterprises (SMEs) will also be developed in collaboration with the government.
SBC officials expressed optimism that, through joint initiatives with the government, the nation’s insurance sector can be made more dynamic and modern. Such developments are expected to contribute significantly to the long-term resilience and robustness of Bangladesh’s economy.
By reaffirming its commitment, the state-owned corporation has signalled its dedication to aligning with government policies and frameworks, supporting the sector’s elevation to new heights, and reinforcing the country’s economic stability.