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Eastland the name you have learnt to trust. We are well equipped with latest technology and a team of astute and experienced personnel to meet your all insurance needs; such as Fire, Industrial All Risk, Marine Cargo, Marine Hull, Motor, Engineering, Aviation, Personal Accident, Overseas Mediclaim Insurance and Miscellaneous Risks.
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Notice
(Q3 Un-audited): EPS was Tk. 0.37 for July-September 2019 as against Tk. 0.17 for July-September, 2018; EPS was Tk. 1.31 for January-September 2019 as against Tk. 1.10 for January-September 2018. NOCFPS was Tk. 0.45 for January-September 2019 as against Tk. 0.41 for January-September 2018. NAV per share was Tk. 21.90 as on September 30, 2019 and Tk. 21.12 as on December 31, 2018.




Credit Rating AA+ : Credit Rating Information and Services Limited (CRISL) has announced CPA Credit Rating (surveillance) 2019-2020 of the Company "AA+" along with a stable outlook in consideration of audited financial statement of the Company December 31, 2018 also un-audited financial statement up to 30th June 2019 and other relevant quantitative. Rating "AA+" indicates very high claim paying ability (CPA), sound financial & technical performance and sound solvency position.




Stock dividend for the year ended on December 31, 2018 has been credited to the respective shareholders' BO accounts on July 14, 2019. The payment of cash dividend and the sale proceeds of the fraction bonus shares will be distributed within the stipulated time.




(Q2 Un-audited): EPS was Tk. 0.48 for April-June 2019 as against Tk. 0.48 for April-June 2018; EPS was Tk. 0.94 for January-June 2019 as against Tk. 0.92 for January-June 2018. NOCFPS was Tk. 0.25 for January-June 2019 as against Tk. 0.24 for January-June 2018. NAV per share was Tk. 21.13 as on June 30, 2019 and Tk. 19.77 as on June 30, 2018.




(Q1 Un-audited): EPS was Tk. 0.49 for January-March 2019 as against Tk. 0.46 for January-March 2018. NOCFPS was Tk. 0.18 for January-March 2019 as against Tk. 0.21 for January-March 2018. NAV per share was Tk. 22.66 as on March 31, 2019 and Tk. 22.18 as on December 31, 2018.




ICMAB BEST CORPORATE AWARD-2015: Eastland Insurance Company Limited has been awarded best corporate award 2015 in non-life insurance sector by the Institute of Cost and Management Accountants of Bangladesh (ICMAB)

Mr. Arun Kumar Saha, Managing Director received the award from Mr. Abul Mal Abdul Muhith, Honble Minister, Ministry of Finance at a function at Dhaka on 26th October, 2016.

ICMAB identified best of the best after due consideration to many quantitative and qualitative factors in general and sector wise in particular and evaluated a company under the measurement of internationally and widely used standards.

The Managing Director of the Company said that Eastland maintained the maximum level of transparency, accountability and good governance during the period which helped it to get such an award.

The Managing Director thanked all members of ICMAB Best Corporate Award Committee for selecting Eastland Insurance Company as one of the recipients of this prestigious award and shared this achievement with valued clients, shareholders, members of the Board and the employees of the company.




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Management

Insurance is basically a technical business and dependent to a great extent on the quality of techno-human resources available to form a management team. The Management Team is responsible for providing strategic direction to ensure both short and long tern growth of the Company.

The day to day affairs of Eastland are being managed by a team of Executives having many years of combined experiences in various fields of Insurance Sector.

The Management Team of Eastland consists of the following:

Under the leadership of Mr. Abdul Haque FCA, Managing Director and CEO the Management Team of Eastland consists of the following:

Additional Managing Director
 
Mr. Shahid-e-Monzoor Morshed Regional Chief, Khulna
Mr. Md. Shafiul Alam Bhuiyan In-Charge, Motijheel Branch
Mr. M. Golam Hafez Head of Claims Department
 
Deputy Managing Director
 
Mr. Md. Nurul Amin In-Charge, Nawabpur Branch
Mr. Aminul Islam Head of Marketing Department
Mr. Md. Zakaria Chowdhury Marketing, Principal Office
Mr. Md. Shamsul Hoque Marketing, Principal Office
Mr. Md. Mazibur Rahman In-charge, Gulshan Branch
Mr. S. M. Shahidul Haque Marketing, Principal Office
Mr. M.A. Sattar Howlader In-charge, Banani Branch
Mr. Md. Ehsanul Huq Marketing, Principal Office
Mr. Md. Tajul Islam Head of Underwriting Department
Mr. Md. Ashraf Haider Marketing, Motijheel Branch
Mr. Md. Shariar Siddique Regional Chief, Chattogram
Mr. Md. Mizanur Rahman Chief Financial Officer
 
Assistant Managing Director
 
Mr. Md. Kamrul Hasan Chowdhury In-charge, Mohakhali Branch
Mr. Md. Zaglul Haider Khan Investment & Accounts, Head Office
Mr. Md. Ahsanul Hoque Underwriting Department, Head Office
Mr. Md.Tariful Islam Head of Re-Insurance Department
Mr. Humayun Kabir Accounts & Finance Department, Head Office
Mr. Md. Abul Kalam In-charge, Elephant Road Branch
 
Senior Executive Vice President
 
Mr. Badsha Ismail Hoque In-charge, Kawran Bazar Branch
Mr. A.M.M. Nur Uddin Head of Information & Technology Department
 
Executive Vice President
 
Mr. Md. Mozammel Hoque Underwriting Department, Head Office
Mr. Md. Monowar Hossain In-charge, Narayanganj Branch
Mr. Md. Abdur Rahman In-charge, Malibagh Branch
Mr. Mir Abdul Haye Marketing, Principal Office
Mr. Tarafder Md. Ruhul Quddus Marketing, Nawabpur Branch
Mr. Suklal Somoddar Marketing, Khulna Branch
Mr. Md. Siddiquer Rahman Marketing, Khulna Branch
Mr. Md. Abdur Rahman Company Secretary
Mr. Ahmed Sk. Saiful Islam In-charge, Satkhira Branch
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