Guardian Life Insurance Limited and Dutch-Bangla Bank PLC recently formalized a partnership through the signing of an agreement to launch Bancassurance operations.
The signing ceremony took place at the Head Office of Guardian Life Insurance Limited in Gulshan. Dutch-Bangla Bank PLC will now be able to offer Guardian Life’s insurance policies to its customers, adhering to the newly issued Bancassurance Guidelines by Bangladesh Bank and IDRA. This is, however, contingent on receiving approval and a license as a corporate agent.
The collaboration is expected to provide customers with an expanded range of options for engaging with innovative insurance solutions offered by Guardian Life Insurance Limited.
The signing event was attended by key figures, including Mr. Abul Kashem Md. Shirin, Managing Director and CEO of Dutch Bangla Bank PLC, and Mr. Sheikh Rakibul Karim, FCA, Chief Executive Officer of Guardian Life Insurance Limited.
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Representatives from both organizations, Mr. Ahmed Istiaque Mahmud, Head of Bancassurance at Guardian Life Insurance Limited, and Mr. Md. Mosharraf Hossain, Head of Branch Operation and Liability Division at Dutch-Bangla Bank PLC, signed the agreement on behalf of their respective companies.
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Notable attendees included Mr. Mahmudur Rahman Khan, Head of Retail Business, Mr. M. Saud Imran, Chief Operating Officer, Mr. Tahsinur Rahim, Head of Internal Audit and Compliance, Shamima Afroz, CAA, Head of Actuary and Reinsurance, Mr. Habib Chowdhury, Head of Human Resources, Mr. Sameeur Rahman Mehdi, Vice President, Bancassurance, Mr. Mohammad Raafiul Hasan, AVP, Bancassurance from Guardian Life Insurance Limited. Additionally, Mr. Md. Abedur Rahman Sikder, Deputy Managing Director and Chief Operating Officer, Mr. Quazi Anwarul Azim, Deputy Head of Branch Operation and Liability Division, Mr. Mehraj Ahmed Khan Mojlish, Head of VIP Banking, Mr. Mohammad Munabil Faroq, SEO, Branch Operation and Liability Division from Dutch-Bangla Bank PLC, along with other senior officials from both organizations, were present at the signing ceremony.
