Sonali Life Insurance Company Limited recently convened its twelfth Annual General Meeting (AGM) on Wednesday, 24 December 2025, at 10:00 AM in the conference hall of the company’s head office in Malibagh, Dhaka. The meeting was presided over by Chairman of the Board, Moinul Islam.
The AGM was attended by a distinguished group of officials and stakeholders, including Makhsuma Akhtar Banu, Joint Secretary of the Financial Institutions Division, Independent Director Jafar Iqbal NDC, Shareholder Director Fazlutun Nesa, Representative of Rupali Insurance, Fouzia Kamrun Tania, Sponsor Director Sheikh Md. Daniel, Acting CEO Md. Rafiqul Islam, Chief Financial Officer Md. Abdul Hannan, Chief Operations Officer Md. Manzur Morshed, Chief Information Officer Hasib Reza, and Company Secretary Md. Abdur Rob, FCS. Several senior executives and shareholders were also present.
During the meeting, the audited financial statements for the fiscal year ending 31 December 2024, along with the reports of the Board of Directors and auditors, were approved. A key decision taken at the AGM was the approval of a 15% cash dividend for shareholders for the 2024 fiscal year. In light of ongoing financial market volatility and the importance of structured governance, this dividend demonstrates the company’s stable cash flow and reinforces investor confidence.
The AGM also approved the appointment of legal and compliance auditors for 2025, reflecting the company’s commitment to financial transparency and regulatory adherence.
Speaking at the AGM, Chairman Moinul Islam stated:
“We are grateful for the continued trust and support of our shareholders. Our commitment to financial discipline, corporate governance, and regulatory compliance remains unwavering. Ensuring long-term stability and superior customer service continues to be our foremost priority.”
Shareholders expressed satisfaction with the company’s overall performance and lauded the Board’s dedication to protecting policyholder interests.
Below is a summary of key financial highlights for 2024:
| Financial Indicator | 2024 |
|---|---|
| Audited Revenue | BDT 8,500 million |
| Net Profit | BDT 2,250 million |
| Total Assets | BDT 50,000 million |
| Approved Cash Dividend | 15% |
| Number of Shareholders | 250,000+ |
The AGM underscored Sonali Life Insurance’s stable financial management, strong corporate governance, and unwavering responsibility toward its shareholders, setting a benchmark for long-term sustainability and stakeholder trust.