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 CategoryName of ParticipantInstitutional Designation
ChairmanshipSyed M. Altaf HussainChairman of the Board
Board of DirectorsAlhaj Khalilur RahmanDirector
M.A. AwwalDirector
Saidur RahmanDirector
Nasir LatifDirector
M.A. MalekDirector
Nahreen YeaheaDirector
Tajwar Mohammad AwwalDirector
Syed Mohammad JanDirector
Farida AkterDirector
Independent GovernanceMahbub AnamIndependent Director
Advisory & Executive ManagementMd. Rezaul KarimAdvisor
Sharif MostabaChief Executive Officer (Acting)
Major (Retd.) Sadat Md. MusaDeputy Managing Director (Administration)
Amar Krishna Shil FCAChief Financial Officer (CFO)
Md. Nasir UddinHead of Internal Audit Department
Mohammad Jafar Ali FCSCompany 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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