IDRA chief urges younger generation to explore career opportunities in insurance industry
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Insurance Development & Regulatory Authority (IDRA) chairman M. Aslam Alam urged the younger generation to explore career opportunities in the insurance industry and emphasised the industry's growing importance to the country's economy.
"The insurance sector in Bangladesh is expanding rapidly. If our young generation takes an interest in this sector, they can contribute as entrepreneurs, professionals, and responsible citizens to spread the positive impact of insurance throughout society," he said.
IDRA chairman made the call at a special seminar titled "Conventional Insurance Plans for Youth” held at BRAC University to raise awareness about insurance and financial literacy among students on Sunday.
As part of the government’s nationwide initiative “Tarunnyer Utsab: Customer Service Week 2025,” the seminar was held at BRAC University to raise awareness about insurance and financial literacy among students.
The seminar was jointly organised by Guardian Life Insurance Limited and BRAC University, with the IDRA chairman attending as the chief guest. Collaboration and support were also provided by IDRA to ensure the success of the programme.
The event brought together distinguished guests, including Md. Apel Mahmud, ACII (UK), Member (Life), IDRA; Mr. Sheikh Rakibul Karim, FCA, Acting Chief Executive Officer, Guardian Life Insurance Limited; and Professor Mohammad Mujibul Haque, Dean, BRAC Business School, BRAC University.
Mr Apel Mahmud added, “Insurance is more than just a financial product—it is a safety net that reduces life’s uncertainties and promotes economic stability. Raising awareness among youth about this sector means building a more financially resilient and future-ready society.”
Speaking at the event, Mr Sheikh Rakibul Karim stated, “In life’s uncertainties, insurance stands as a pillar of financial support and security. If young people understand its value early on, they can not only secure their own futures but also help strengthen the foundation of our national economy.”
Professor Mohammad Mujibul Haque highlighted the importance of financial awareness among students, saying, “When students begin to appreciate the value of financial planning, they grow into more responsible, prepared, and economically independent individuals.”
The seminar featured interactive sessions that allowed students to gain first-hand insights into how insurance companies operate, the range of available products, and the benefits they offer. Through discussions and real-world examples, participants learned how insurance contributes to both individual and national financial stability.
Through this collaborative effort, IDRA, Guardian Life, and BRAC University aim to inspire greater awareness and interest in insurance among Bangladesh’s youth—ultimately promoting financial inclusion, literacy, and the sustainable development of the insurance industry.