174th board meeting of Nitol Insurance Company held

The 174th board meeting of Nitol Insurance Company Limited was held through a virtual platform on Thursday. 

The meeting was chaired by Mr A K M Monirul Hoque, Chairman of Nitol Insurance Company Limited and Vice President of the Bangladesh Insurance Association (BIA), according to a media release. 

Also present at the meeting were Vice-Chairman Mr Zobair Humayun Khandakar, Director Mrs Naeema Hoque, Mr Mahmudul Hoque Shamim, Mrs Nazme Ara Husain, Mr Murad Hossain Ripon, Independent Director Mr Mamunur Rashid, FCMA, and Mr Shoherab Ali Khan, FCMA, CEO, Mr S M Mahbubul Karim, CFO, Mr Altaf Hossain, and Head of Internal Audit and Compliance Officer Mr Liakat Hossen, FCMA.

It was proposed in the meeting to provide a 10.50 per cent cash dividend for the year 2023, the release says. 

In the meeting, the board set the record date for May 19, 2024, Sunday, and the 25th Annual General Meeting will be held on June 27, 2024, Thursday, at 11:00 am on a digital platform.