Sondhani Life Secures Prestigious ICSB Silver Award

Sondhani Life Insurance Company Limited has once again been recognised for its unwavering commitment to corporate governance and financial transparency, having been honoured with the Silver Award in the Life Insurance category at the 12th ICSB National Award 2024. This marks the second occasion that the company has received this distinguished accolade, underscoring its steadfast dedication to professional accountability, ethical management, and robust governance practices.

The award ceremony was graced by Sheikh Bashir Uddin, Adviser to the Ministry of Commerce, as the Chief Guest. Lutfe Siddiqui, Special Envoy for International Affairs to the Chief Adviser, attended as Guest of Honour, while Md. Khairuzzaman Majumdar, Secretary of the Ministry of Finance, and Mahbubur Rahman, Secretary of the Ministry of Commerce, participated as Special Guests. The event also witnessed the presence of Dr. Md. Sajjad Hossain Bhuiya, Chairman of the Bangladesh Financial Reporting Council, alongside other distinguished dignitaries from both the public and private sectors.

On behalf of Sondhani Life Insurance, Chairman Mojibul Islam and Chief Executive Officer Nimai Kumar Saha proudly received the prestigious Silver Award. Senior officials from both ICSB and Sondhani Life Insurance were present to acknowledge the company’s progress and accomplishments.

According to company sources, Sondhani Life Insurance consistently implements comprehensive internal policies and procedures to uphold the highest standards of corporate governance and financial transparency. These initiatives not only ensure sound financial management but also enhance investor confidence, reinforce professional responsibility, and foster sustainable business growth.

Experts have noted that the repeated recognition is a testament to the company’s resolute commitment to responsible management and accountability. They emphasised that such accolades significantly bolster Sondhani Life Insurance’s reputation both domestically and internationally, positioning the company as a benchmark for excellence within the Bangladeshi life insurance sector.

This achievement is not merely an internal endorsement of operational efficiency; it represents a major milestone in promoting investor trust, ethical business practices, and exemplary governance standards. By consistently aligning corporate conduct with transparency and accountability, Sondhani Life Insurance continues to set a high standard, offering a model of integrity and professionalism for the wider industry.

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