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The 19th death anniversary of M A Samad, an insurance legend and founder of Bangladesh General Insurance Company PLC (BGIC), is on Thursday, says a press release.
After his retirement as Managing Director of Jiban Bima Corporation, he established BGIC, the first insurance company in the private sector after the country’s liberation.
Moreover, he was the founder Director of Bangladesh Insurance Academy and former Chairman of Bangladesh Insurance Association.
Mr Samad wrote two books in Bengali: one on life insurance and another on general insurance.
He also wrote two text books in English on life insurance.
Being a legend of life insurance sector, Mr Samad contributed a lot for general insurance through his merits and intellects.
He was an enlisted International Expert in the Technical Assistance Program on Trade and Development of the United Nations.
Mr Samad visited most of the insurance training institutions in UK and USA under UNDP fellowship programme.
He was born at Kulaura of Moulvibazar in a respectable Muslim family on January 1, 1923.