Pragati Insurance Private Limited held its 340th Board of Directors meeting on 24 February 2026 at the company’s head office. The meeting was chaired by Syed M. Altaf Hussain, Chairman of the company, who presided over the proceedings and presented the agenda for discussion.
All board members were present, including both executive and non-executive directors. Attending directors included Alhaj Khalilur Rahman, Mohammad Abdul Malek, Nasir Latif, Md. Mushfiqur Rahman, Nahrin Yahia, and Syed Muhammad John. Independent director Mahbub Anam was also in attendance, reinforcing transparency and governance standards in the board deliberations.
The company’s senior executives delivered detailed reports on key operational and strategic matters. Chief Executive Officer Syed Sehab Ullah Al-Manjur, ACII (UK), presented an extensive overview of business performance, strategic initiatives, and market outlook. Chief Financial Officer Amar Krishna Sheel, FCA, reviewed the company’s financial statements and highlighted critical financial metrics. Major (Retd.) Sadat Md. Musa, Head of Administration and Human Resources, provided updates on administrative and personnel matters, while Md. Nasir Uddin, Head of Internal Audit, reviewed internal audit and regulatory compliance issues. Company Secretary Mohammad Zafar Ali, FCC, meticulously recorded the proceedings and ensured adherence to regulatory standards throughout the meeting.
The board engaged in thorough discussions on ongoing strategic planning, risk management policies, and expansion initiatives. Emphasis was placed on strengthening corporate governance and enhancing operational efficiency, measures deemed essential to navigating emerging challenges within the insurance sector. Additionally, recent regulatory changes and market trends were reviewed, assessing their potential impact on the company’s overall performance.
A summary of the board members and senior executives present at the 340th meeting is provided in the table below:
| Position | Name | Qualification / Notes |
|---|---|---|
| Chairman | Syed M. Altaf Hussain | – |
| Director | Alhaj Khalilur Rahman | – |
| Director | Mohammad Abdul Malek | – |
| Director | Nasir Latif | – |
| Director | Md. Mushfiqur Rahman | – |
| Director | Nahrin Yahia | – |
| Director | Syed Muhammad John | – |
| Independent Director | Mahbub Anam | – |
| Chief Executive Officer | Syed Sehab Ullah Al-Manjur | ACII (UK) |
| Chief Financial Officer | Amar Krishna Sheel | FCA |
| Head of Administration & HR | Major (Retd.) Sadat Md. Musa | – |
| Head of Internal Audit | Md. Nasir Uddin | – |
| Company Secretary | Mohammad Zafar Ali | FCC |
At the conclusion of the meeting, the board reaffirmed Pragati Insurance’s commitment to sustainable growth, customer-centric policies, and the highest standards of corporate governance. These initiatives reflect an active and progressive approach to operational excellence and strategic advancement, positioning the company for continued success in a dynamic market environment.