Insurance

Nitol Insurance Holds 26th AGM, Declares 10% Dividend

Shareholders approve 5% cash and 5% stock dividend for 2024

Written by The Banking Post


Nitol Insurance Company Limited held its 26th Annual General Meeting (AGM) on a virtual platform on August 19, 2025, with Chairman A K M Monirul Hoque presiding over the session.

In his address, the chairman highlighted the company’s business performance in 2024 and outlined future growth strategies. The meeting approved a 10 percent dividend for shareholders, comprising 5 percent cash and 5 percent stock.

Vice-Chairman Zobair Humayun Khandaker, Directors Naeema Hoque, Mahmudul Hoque Shamim, and Nazme Ara Husain, along with Independent Directors Md. Mamunur Rashid, FCMA, and Md. Shoharab Ali Khan, FCMA, attended the meeting. Also present were Chief Executive Officer S. M. Mahbubul Karim, CFO Md. Altaf Hossain, and Head of Internal Audit & Compliance Md. Liakat Hossen, FCMA.

Company Secretary Md. Mijanur Rahman, FCS, conducted the proceedings. A large number of shareholders joined the virtual meeting and actively participated in discussions.


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