The 340th meeting of the Board of Directors of Pragati Insurance PLC was convened on 24 February 2026 at the company’s Head Office. The meeting was chaired by Syed M. Altaf Hussain, Chairman of the company, who oversaw the proceedings and outlined the agenda for discussion, according to an official press release.
The meeting brought together the full complement of the Board, including executive and non-executive directors, alongside senior management. Directors present were Alhaj Khalilur Rahman, Mohammed Abdul Malek, Nasir Latif, Md. Mushfiqur Rahman, Nahreen Yeahea, and Syed Muhammad Jan. The independent director, Mahbub Anam, also attended, ensuring impartial oversight on board deliberations.
From the company’s executive team, CEO Syed Sehab Ullah Al-Manjur, ACII (UK), provided a detailed report on operational performance, strategic initiatives, and market outlook. The Chief Financial Officer, Amar Krishna Shil, FCA, presented the financial statements and highlighted key fiscal indicators for the period under review. Updates on human resources and administration were delivered by Major (retd.) Sadat Md. Musa, Head of Admin & HR, while internal compliance and audit matters were addressed by Md. Nasir Uddin, Head of Internal Audit. Company Secretary Mohammad Jafar Ali, FCS, recorded the proceedings and ensured regulatory compliance during the session.
During the meeting, the board deliberated on ongoing strategic plans, risk management policies, and potential expansion initiatives. Emphasis was placed on strengthening corporate governance and enhancing operational efficiency to meet emerging challenges in the insurance sector. Discussions also touched on recent regulatory developments and market trends that could impact company performance.
The composition of the board and senior management at the 340th meeting is summarised below for reference:
| Position | Name | Credentials / Notes |
|---|---|---|
| Chairman | Syed M. Altaf Hussain | – |
| Director | Alhaj Khalilur Rahman | – |
| Director | Mohammed Abdul Malek | – |
| Director | Nasir Latif | – |
| Director | Md. Mushfiqur Rahman | – |
| Director | Nahreen Yeahea | – |
| Director | Syed Muhammad Jan | – |
| Independent Director | Mahbub Anam | – |
| CEO | Syed Sehab Ullah Al-Manjur | ACII (UK) |
| CFO | Amar Krishna Shil | FCA |
| Head of Admin & HR | Major (retd.) Sadat Md. Musa | – |
| Head of Internal Audit | Md. Nasir Uddin | – |
| Company Secretary | Mohammad Jafar Ali | FCS |
The board reaffirmed its commitment to sustainable growth, customer-centric policies, and adherence to high standards of corporate governance, signalling a proactive approach to both operational and strategic priorities for the year ahead.