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Sonali Life Ins holds its 11th AGM

Business Desk :

Sonali Life Insurance Company Limited successfully held its 11th Annual General Meeting (AGM) at the Company’s conference room in the capital on Sunday.

The meeting was presided over by the Chairman (Moinul Islam) of the Board of Directors, in the presence ofHonorable Directors; Zafar Iqbal ndc, Quazi Moniruzzaman, Fazlutunnesa, Mostafa Quamrus Sobhan, Fauzia Quamrun Tania, Sheikh Mohammad Danial, Observer Shah Alam, the Additional Managing Director & CEO Md. Rafiqul Islam, CFO Mohammad Abdul Hannan FCA, COO Md. Monzur Morshed, HIAC Md. Ali Reza, CIO Hasib Rezaand other senior officials of the Company, and a significant number of valued shareholders.

The session was presented by the Company Secretary, Mr. Md. Abdur Rob, FCS, says a press release.

At the AGM, the shareholders considered and unanimously approved the following key agenda items:
1. The Audited Financial Statements of the Company for the year ended December 31, 2023, together with the Reports of the Directors and the Auditors thereon.
2. Declaration and approval of a 10% cash dividend for all shareholders for the financial year 2023.
3. Appointment of the Statutory Auditors of the Company for the year 2024.
4. Appointment of the Compliance Auditors of the Company for the year 2024.

In his address, the Chairman of the Board conveyed his heartfelt gratitude to the shareholders for their continued confidence, support, and trust in the Company. He reaffirmed the Company’s unwavering commitment to ensuring sustainable growth, financial prudence, and the highest standards of corporate governance.

The shareholders also expressed their appreciation to the Board of Directors and the Management for their dedicated efforts in enhancing business performance, safeguarding policyholders’ interests, and contributing to the development of the insurance industry in Bangladesh.

The meeting concluded with a vote of thanks to the shareholders, regulatory authorities, and all stakeholders for their invaluable cooperation and contribution to the Company’s progress.