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Board of Directors

Mr. Nizam Uddin Ahmed


He comes from a renowned Muslim family. He obtained Masters Degree in Journalism and LLB from Dhaka University in 1971. He is the founder Chairman of Karnaphuli Insurance Co. Ltd., a leading non life Insurance Company in the country. Mr. Nizam Uddin Ahmed through his visionary thinking, dedication and skill engaged himself in many Socio-Cultural activities and established many charitable organizations in Bhola as well as in the capital. He is the Member of Federation of Bangladesh Chamber of Commerce and Industry and also Dhaka Chamber of Commerce and Industry. He travelled many countrie3s viz. USA, UK, Canada, Saudi Arabia, Malaysia, Thailand, Japan, Singapore, Taiwan, Korea, Indonesia, Australia and India for the purpose of business.

He is a simple living pleasant creative personality with strict discipline, honesty, sincerity, integrity, high moral and ethics.

Email: info@meghnalife.com

Mrs. Hasina Nizam

Vice Chairman

She comes from a respectable Muslim family of Barisal. She is a graduate in Political Science from Eden College, Dhaka. She is involved with various Social works and Welfare organizations. She is also the Director of Karnaphuli lnsurance Co. Ltd. a leading General lnsurance Company in the country and Vice-Chairman of Nizam Hasina Welfare Foundation.

Mr. Nasir Uddin Ahmed


Mr. Nasir Uddin Ahmed was born in October, 1975 in a respectable Muslim family. He has obtained his BBA Degree from North South University in 1999. A visionary entrepreneur Mr. Nasir Uddin Ahmed is also the Vice-Chairman of Karnaphuli lnsurance Co. Ltd. & Director Nizam Hasina Welfare Foundation. He is an Executive Member of Bangladesh lnsurance Association (BlA). He attended various Trainrng, seminars, & Conferences in Bangladesh as well as in the foreign countries like U.K., USA, Australia, E-U Countries, Hong Kong, Malaysia, Thailand, Japan, lndonesia, Taiwan, Singapore etc. and thus enriched his knowledge what he optimized best at the fields he involved with.

Mr. Riaz Uddin Ahmed


Mr. Riaz Uddin Ahmed, a sponsor Director of Karnaphuli lnsurance Co. Ltd., comes from a well-educated and lndustrialist family. He obtained his BBA degree from Sunway College, a renowned educational lnstitute of Kualalampur, Malaysia with distinction.

A well experienced entrepreneur Mr. Riaz Uddin Ahmed believes in innovation and creativity, As such he also took part in Meghna Life lnsurance Co. Ltd. a leading Life lnsurance Company of the country as its sponsor Director. A very capable insurance personality Mr. Ahmed attended many Seminars, Symposium, Conferences and Summit in Bangladesh and abroad. His knowledge driven suggestion and guidance in the capacity of a Director of both Karnaphuli lnsurance Co. Ltd. and Meghna Life lnsurance Co. Ltd. rose to a reasonable height.

A valiant social worker Mr. Riaz Uddin Ahmed visited India, Thailand, Singapore, Malaysia, Australia and United Kingdom

Karnaphuli lnsurance Company Limited


Karnaphuli lnsurance Company Limited was incorporated on 23rd November 1986 as a public limited company under the companies Act 1913, obtained the certificate of Registraiion for carrying on general lnsurance Business from Controller of Capital lssues on 23rd November, 1986 being sponsored by a group of renowned business personalities, reputed industrialists and Journalist of the country. The Company started its commercial operation on 25th November, 1986 with a paid up capital of Tk. 30.00 million against Authorised Capital of Tk. 300.00 million- Presently Authorised Capital and paid up capital of the company have been raised upto Tk.600.00 Million and Tk.387.66 Million respectivly.

Karnaphuli lnsurance Company Limited is a first generation and top{ier non-life insurance company. The Company has been maintaining strong capital base, ethical business standards, corporate culture and corporate governance, superior underwriting skills and dynamic investment management since its inception.

Nominated Director Mr. Md. Hafizullah, CEO of Karnaphuli lnsurance Company Limited is an MA (First Class-First) from Rajshahi University. He was the Governor of Rotary Club lnternational, Bangladesh. He is also associated with many socio-cultural activities.

Nizam-Hasina Welfare Foundation


The Foundation was established in 2004. The Foundation undertook many social welfare activities viz., Eye Hospital, Old Home, Orphanage, Stipends for poor students, Establishment of School and Colleges.

Mrs. Jannatul Fardous


Mrs. Jannatul Fardous was born in 1984 in a respectable muslim family. Mrs. Jannatul Fardous married Mr. Hasan Ahmed who is a renowned business elite in Dhaka city. She took part in many social activities including employment of poor people in her locality and involved in serving the distress people. She is a lady with most pleasant personality and also involved in various development & social activities of the society for improvement of socio-economic condition of the Common people.

Mrs. Sharmin Nasir


Mrs. Sharmin Nasir was born in a renowned Muslim family in 1983. She obtained the Bachelor Degree in Social Welfare from Govt. Girls College, Barisal in 2004. With keen interest she invested in Meghna Life lnsurance Co. Ltd. and Karnaphuli lnsurance Co. Ltd. and became a member of Board of Directors of Meghna Life lnsurance Co. Ltd. as well as the Director of Karnaphuli lnsurance Co. Ltd. from Group-B. She travelled many counlries for business purpose.

She is also involved with many Socio-Cultural activities and Welfare Organizations.

Mrs. Dilruba Sharmin


A well-educated entrepreneur Mrs. Dilruba Sharmin was a meritorious student of Viqarunnessa Noon School and College. She is the daughter of a Banker and wife of an lndustrialist. Mrs. Dilruba Sharmin takes keen interest in business, especially in lnsurance business. As such she invested in Karnaphuli lnsurance Company Limited and became a member of the Board of Directors of Karnaphuli lnsurance Company Limited. She was duly elected as a Director of Meghna Life lnsurance Company Limited from group-B.

She traveled many countries of the world like Thailand, Singapore, Malaysia, Australia and UK. She takes interest in serving the humanity.

Umme Khadiza Meghna


Umme Khadija Meghna was born in a family of Entrepreneurs. She is an young lady with amiable disposition. She is promising and ambitious. She has keen interest in business affairs and is planning to build up a career accordingly . She traveled many countries.

Prof. Md. Mazharul lslam


Prof. Md. Mazharul lslam was born in 1965 in a respectable muslim family of Bhola. He is a highly qualified man and completed his MA in 1991 from Dhaka University. He is experienced in education line and working as Assistant Professor of 'lllisha lslamia Model College' Bhola. He is a local elite personality and respected by all and involved in social activities locally for promotion of life style of the poor/distresed people.

Professor Md. Ansar Ali

Independent Director

Professor Md. Ansar Ali was born in 1949 in a respectable muslim family. He did his BA (Hons) and Masters in Economics in 1971 & 1972 respectively from Rajshahi Universlty. He started his career as a Lecturer in Economics in B. M. College, Barisal. Thereafter he served in different College viz., Rajshahi Colleges, Rajshahi City Government College, Govt. Edward College. He worked as Joint Director DlA, Dhaka, Deputy Director (Vice Principal) BMTTI, Gazipur, Specialist (Asst. Director, Admin) NAEM, Dhanmondi, Dhaka. ln NAEM he worked as Chief Coordinator, Educational Administration and lvlanagement Training courses for Heads of Educational institutions (College, School & Madrasha). A good number of publications on different topics are there in his credit.

Professor Md. AnsarAli retired in 2006 as Joint Director, Directorate of lnspection and Audit, Ministry of Education, Government of Bangladesh- He is now the Chairman of Audit Committee, Meghna Life lnsurance Company Ltd. He is also one of the lndependent Directors of the Company.

Mrs. Khaleda Khanam

lndependent Director

Mrs. Khaleda Khanam was born on September 11 , 'l 955 in an illustrious Muslim family of Bhola. She obtained his BA degree from B.M. College, Barisal. Mrs. Khaleda Khanam married to M. Shamsuddin Ahmed who worked in various capaciiies in Bangladesh Army & retired as Lt. Colonel.

She is a Trustee Member of Manik Miah Trust. Manik Miah Trust undertook many social activities viz., employment of underprivileged/destitute rural women, female employment, old home, orphanage, and st;pends for poor students, establishment of schools and colleges. She is a lady with pleasant personality and associated with various socio-cultural activities.

She traveled many countries of the world viz., lndia, Nepal, Bhutan, Thailand, Singapore, Malaysia, UK, France, Germany and other EU Countries.

Mr. M.A Majid FCA

lndependent Director

Mr. M.A Majid FCA was born on 1st January '1940 in a respectable muslim family in Pirojpur district. He did his graduation degree in Commerce in the year '1960 from Dhaka University. Subsequently he qualified himself as a 'Chartered Accountant' in the year 1969 and became a fellow member of the lnstitute of Chartered Accountants (FCA).

He served as Chief Accountant of 'British lnsulted Callenders' Construction Co. Ltd. in 1969. Then he joined Muslim lnsurance Co. Ltd. in 1970 as Deputy Manager and was promoted in the rank of Manager in 1972. After that he joined Jibon Bima Corporation in 1973. He served in various capacities of the corporation and lastly he served as Managing Director, Current Charge (CC) and served there upto 31 .12.1996. ln 1997 he joined Meghna Life lnsurance Co. Ltd. and served in high positions viz. Adviser, Director-Admin&Finance, Managing Director (Current Charge) and Adviser (Accounts & Finance) till his retirement.

Md. Yousuf Ali Howlader

Independent Director

Mr. Md. Yousuf Ali Howlader was born on 1st February 1945 in a respectable muslim family in Jhalakathi district. He is a commerce graduate & obtained M.Com (Management) degree from Dhaka University. He is a renowned Banker and obtained Banking Diploma (DAIBB). He became General Manager of Sonali Bank and Managing Director of Agrani Bank. He was also the MD of BSRS & Al-Arafa Islami Bank Ltd. He worked as Director ICB, Advisor BGMEA and Chairman Bangladesh Commerce Banik Ltd. He attended many Seminar/Symposium at home and abroad. He visited Canada, UK, Pakistan and many other countries.