Buainess Report :
Federal Insurance Company Limited has been approved 10 per cent cash dividend for its shareholders.
The declaration came out through its 36th Annual General Meeting held virtually on Wednesday under the chairmanship of Enamul Hoq.
Vice Chairman Elias Siddiquee, Executive Committee Chairman Jainul Abedin Jamal, Claims Committee Chairman Sabirul Hoque, Audit Committee Chairman Safar Raj Hossain, Nomination and Remuneration Committee Chairman Md. Rafiqul Islam, Risk Management Committee Chairman Md. Mahfuzur Rahman, Directors Khadizatul Anwar, Mamtaz Begum, Morshedul Shafi, Tahreer Nawaz, Towfiqul Islam Chowdhury, Towhidul Alam, Begum Hasina Banu, Abrarul Hoque, Faraaz Karim Chowdhury, Alternate Directors Syed Amzad Hossain, Rasheda Begum & Jashim Uddin and Managing Director & Chief Executive Officer A M M Mohiuddin Chowdhry, CFO Masud Hossain and Senior Excutives of the company were present in the meeting.
A good number of shareholders participated in the discussion and the AGM approved the annual accounts for 2023. The Shareholders appreciated overall performance of the company and regularly maintaining cash dividend despite of post Covid-19 worldwide recession and Ukrain-Russia & Israil-Hamas war, said a press release.