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Pragati Insurance Concludes 342nd Session of the Board

Pragati Insurance PLC has held its 342nd Board of Directors meeting to review ongoing operations and corporate governance. The administrative session took place on Thursday, 14 May, at the company’s principal corporate headquarters situated in the Kawran Bazar area of Dhaka.

Governance and Executive Oversight

The high-level meeting was convened under the leadership of Syed M. Altaf Hussain, the Chairman of the Board of Directors. The gathering brought together the company’s non-executive directors, independent oversight officials, and key members of the senior management team to evaluate current business strategies, financial control mechanisms, and regulatory compliance protocols.

Official Attendance and Corporate Roster

The meeting was marked by a comprehensive attendance of the company’s leadership framework. The table below outlines all the key personnel who were present at the Kawran Bazar head office, categorised by their administrative and operational roles:

Governance Category Name of Participant Institutional Designation
Chairmanship Syed M. Altaf Hussain Chairman of the Board
Board of Directors Alhaj Khalilur Rahman Director
M.A. Awwal Director
Saidur Rahman Director
Nasir Latif Director
M.A. Malek Director
Nahreen Yeahea Director
Tajwar Mohammad Awwal Director
Syed Mohammad Jan Director
Farida Akter Director
Independent Governance Mahbub Anam Independent Director
Advisory & Executive Management Md. Rezaul Karim Advisor
Sharif Mostaba Chief Executive Officer (Acting)
Major (Retd.) Sadat Md. Musa Deputy Managing Director (Administration)
Amar Krishna Shil FCA Chief Financial Officer (CFO)
Md. Nasir Uddin Head of Internal Audit Department
Mohammad Jafar Ali FCS Company Secretary

Operational Objectives and Compliance

As an established general insurance provider in the region, the regular assembly of Pragati Insurance PLC’s board serves as a formal mechanism for administrative review. The inclusion of specialized internal figures, such as the Chief Financial Officer (CFO) and the Head of Internal Audit, reflects the company’s structured approach to tracking fiscal accounts and maintaining strict internal oversight. The board’s deliberations during this 342nd session remain focused on upholding institutional transparency and advancing the commercial interests of the company’s stakeholders.

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