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Sonali Life Insurance Company Limited has approved a 10 percent cash dividend for 2023 at its 11th Annual General Meeting (AGM), held on Sunday at the company’s conference room in Dhaka.

Shareholders also endorsed the audited financial statements for the year ending December 31, 2023, along with the Directors’ and Auditors’ reports. The meeting further confirmed the appointment of the company’s statutory auditor for 2024 and approved a compliance auditor to strengthen governance and transparency.

The AGM was presided over by Chairman Moinul Islam. Among others present were Independent Directors Kazi Moniruzzaman and Zafar Iqbal, Shareholder Directors Fazlutun Nesa and Mostafa Kamrus Sobhan, Representative Director of Rupali Insurance Company Ltd. Fawzia Kamrun Tania, Sponsor Director Sheikh Md Daniel, Managing Director and Acting CEO Md Rafiqul Islam, Chief Financial Officer Md Abdul Hannan, and Chief Operating Officer Md Manjur Morshed.

A large number of shareholders also joined the session, which was conducted by Company Secretary Md Abdur Rob.