Sonali Life Insurance Company Limited has successfully convened its Twelfth Annual General Meeting (AGM), reaffirming its commitment to sound governance, financial discipline and shareholder value. The meeting was held on Wednesday, 24 December 2025, at 10:00 a.m. in the conference hall of the company’s head office in Malibagh, Dhaka. The session was presided over by the Chairman of the Board, Mr Moinul Islam.
The AGM witnessed the participation of a broad cross-section of stakeholders, including senior executives, directors, sponsors and regulatory representatives. Among those present were Ms Maksuma Akhtar Banu, Joint Secretary of the Financial Institutions Division; Mr Zafar Iqbal, Independent Director; Ms Fazlutun Nesa, Shareholder Director; Ms Fawzia Kamrun Tania, representing Rupali Insurance; Sponsor Director Sheikh Md Daniel; Chief Executive Officer (Designate) Md Rafiqul Islam; Chief Financial Officer Md Abdul Hannan; Chief Operating Officer Md Manjur Morshed; Chief Information Officer Hasib Reza; and Company Secretary Md Abdur Rob, FCS.
During the meeting, shareholders unanimously approved the audited financial statements for the year ended 31 December 2024, along with the Directors’ Report and the Auditors’ Report. One of the most significant resolutions adopted at the AGM was the approval of a 15 per cent cash dividend for shareholders for the 2024 financial year. In the context of ongoing volatility in the financial markets, this dividend declaration was widely viewed as a strong signal of the company’s stable cash flows, prudent risk management and resilient operating performance, further strengthening investor confidence.
The shareholders also approved the appointment of statutory and regulatory auditors for the year 2025. This decision underscored Sonali Life Insurance’s continued emphasis on financial transparency, regulatory compliance and adherence to best practices in corporate governance.
Addressing the meeting, Chairman Moinul Islam expressed gratitude to shareholders for their continued trust and support. He reiterated that the company’s commitment to financial discipline, robust governance standards and regulatory compliance remains unwavering. He further emphasised that ensuring long-term sustainability, maintaining balance-sheet strength and delivering high-quality customer service will continue to be the organisation’s strategic priorities.
Shareholders attending the AGM voiced their satisfaction with the company’s overall performance and commended the Board for its principled leadership, conservative financial approach and focus on long-term value creation.
A summary of key financial indicators for the year 2024 is presented below:
| Financial Indicator | 2024 Figures |
|---|---|
| Audited Revenue | BDT 8,500 million |
| Net Profit | BDT 2,250 million |
| Total Assets | BDT 50,000 million |
| Approved Cash Dividend | 15% |
| Number of Shareholders | 250,000+ |
The Twelfth AGM highlighted Sonali Life Insurance Company Limited’s strong financial stewardship, effective corporate governance framework and unwavering accountability to its shareholders. Collectively, these factors position the company as a stable and trustworthy player in Bangladesh’s life insurance sector, setting a benchmark for long-term growth, resilience and stakeholder confidence.