Pragati Insurance Holds 340th Board Meeting

Pragati Insurance Private Limited convened its 340th Board of Directors meeting on 24 February 2026 at the company’s headquarters. The meeting was presided over by the Chairman, Syed M. Altaf Hussain, who guided the proceedings and presented the agenda for deliberation.

The session witnessed the full attendance of all board members, encompassing both executive and non-executive directors. Present directors included Alhaj Khalilur Rahman, Mohammad Abdul Malek, Nasir Latif, Md. Mushfiqur Rahman, Nahrin Yahia, and Syed Muhammad John. Independent oversight was ensured through the presence of Mahbub Anam, the independent director, enhancing transparency and adherence to governance standards.

Senior executives provided detailed presentations on key operational and strategic matters. Syed Sehab Ullah Al-Manjur, ACII (UK), Chief Executive Officer, delivered a comprehensive review of business performance, strategic initiatives, and market forecasts. The Chief Financial Officer, Amar Krishna Sheel, FCA, presented the company’s financial statements, highlighting essential financial indicators and trends. Major (Retd.) Sadat Md. Musa, Head of Administration and Human Resources, provided updates on administrative matters and personnel management, while Md. Nasir Uddin, Head of Internal Audit, reviewed internal audit findings and compliance with regulatory standards. The Company Secretary, Mohammad Zafar Ali, FCC, meticulously recorded the proceedings and ensured full regulatory compliance.

The board engaged in extensive discussions regarding strategic planning, risk management policies, and expansion initiatives. Strengthening corporate governance, enhancing operational efficiency, and adapting to evolving regulatory requirements and market trends were given priority. The discussions underscored the company’s commitment to maintaining a proactive and customer-centric approach while securing sustainable growth in a dynamic market environment.

The table below summarises the board members and senior executives present at the 340th meeting:

At the conclusion of the meeting, the board reaffirmed its commitment to sustainable growth, high standards of corporate governance, and a customer-focused approach. Future plans discussed included transparent financial and administrative practices, strategic investment and expansion policies, and initiatives to strengthen operational excellence. These measures aim to position Pragati Insurance for long-term stability and competitive advantage, ensuring continuous success amidst evolving market conditions.