Excellent Ceramics and National Life Ink Insurance Deal

In a significant move to bolster employee welfare and corporate security, Excellent Ceramics Group has formally entered into a comprehensive group life and health insurance agreement with National Life Insurance PLC. The signing ceremony took place on 15 February 2026 at the NLI Tower, the prestigious headquarters of National Life Insurance located in the bustling commercial hub of Kawran Bazar, Dhaka.

A Strategic Partnership for Workforce Protection

The primary objective of this collaboration is to provide a robust safety net for the burgeoning workforce of Excellent Ceramics Group. Under the terms of the agreement, employees—specifically those under the group’s latest premium venture, Milano Ceramics, which specialises in high-end tiles and sanitary ware—will be entitled to extensive medical coverage and life assurance benefits.

The contract was formally signed by Mr Md. Kazim Uddin, Chief Executive Officer of National Life, and Mr Imran Ahmed, Executive Director of Excellent Ceramics Group. Following the signing, the official policy documents were ceremoniously exchanged by the Chairmen of the respective organisations, Mr Tofazzal Hossain (National Life) and Mr Abdul Halim (Excellent Ceramics Group).

Key Dignitaries in Attendance

The event was attended by a distinguished cohort of corporate leaders and financial experts, reflecting the importance of the deal:

Name Designation Organisation
Mr Abdul Hakim Sumon Managing Director Excellent Ceramics Group
Barrister Redwan Chairman NLI Securities
Mr Prabir Chandra Das FCA Chief Financial Officer National Life Insurance PLC
Mr Kazi Mohammad Mohsin Head of Group Insurance National Life Insurance PLC
Mr Imran Ahmed Executive Director Excellent Ceramics Group

Expanding the ‘Milano Ceramics’ Brand

This insurance mandate arrives at a pivotal time for Excellent Ceramics as they scale their premium brand, Milano Ceramics. By integrating health and life protection into their employment packages, the group aims to attract top-tier talent and ensure long-term industrial stability.

Mr Abdul Hakim Sumon, who also serves on the Board of Directors for Shahjalal Islami Bank PLC, noted during the proceedings that such institutional safeguards are essential for maintaining a motivated workforce in the competitive manufacturing sector. The partnership underscores a growing trend in the Bangladeshi corporate landscape where employee wellness is being prioritised alongside physical infrastructure.

The agreement covers a wide range of contingencies, ensuring that staff members and their families are protected against unforeseen medical expenses and life-altering events, thereby fostering a culture of security and professional commitment.

Leave a Comment