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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
(Q2 Un-audited): EPS was Tk. 0.50 for April-June 2018 as against Tk. 0.50 for April-June 2017; EPS was Tk. 0.97 for January-June 2018 as against Tk. 0.95 for January-June 2017. NOCFPS was Tk. 0.25 for January-June 2018 as against Tk. 0.20 for January-June 2017. NAV per share was Tk. 20.75 as on June 30, 2018 and Tk. 21.59 as on December 31, 2017.




Cash dividend for the year ended on December 31, 2017 has been disbursed to the respective shareholders' Bank Accounts through BEFTN on July 22, 2018. The remaining un-remitted cash dividend will be dispatched through dividend warrant to the respective shareholders' address.




Stock dividend for the year ended on December 31, 2017 has been credited to the respective shareholders' BO accounts on July 12, 2018. The payment of cash dividend and the sale proceeds of the fraction bonus shares will be distributed within the stipulated time.




(Q1 Un-audited): EPS was Tk. 0.50 for January-March 2018 as against Tk. 0.48 for January-March 2017. NOCFPS was Tk. 0.23 for January-March 2018 as against Tk. 0.20 for January-March 2017. NAV per share was Tk. 22.52 as on March 31, 2018 and Tk. 23.21 as on December 31, 2017.




The Board of Directors has recommended 7.50% cash and 7.50% stock dividend for the year ended on December 31, 2017. Date of AGM: 28.06.2018, Time: 3:00 PM, Venue: Golden Tulip-The Grandmark Dhaka. Plot No. 84, Road No. 7, Block-H, Banani, Dhaka-1213. Record date: 15.05.2018. EPS of Tk. 2.17, NAV per share of Tk. 23.21 and NOCFPS of Tk. 0.97 for the year ended on December 31, 2017 as against Tk. 1.89, Tk. 23.20 and Tk. 0.85 respectively for the same period of the previous year.




(Q3 Un-audited): EPS was Tk. 0.16 for July-September, 2017 as against Tk. 0.12 for July-September, 2016; EPS was Tk. 1.18 for January-September, 2017 as against Tk. 0.70 for January-September, 2016. NOCFPS was Tk. 0.24 for January-September, 2017 as against Tk. 0.14 for January-September, 2016. NAV per share was Tk. 23.29 as on September 30, 2017 and Tk. 21.92 as on September 30, 2016.




CRIS upgraded the "Credit Rating" of Eastland Insurance to "AA+" outlook stable on its Audited Financial Statements for the year 2016. Rating "AA+" indicates very high claims paying ability (CPA) with strong protection factors supported by good financial performance and sound solvency position.




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, Hon’ble 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.




Citizen Charter
   
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.

Under the leadership of Mr. Arun Kumar Saha, Managing Director and CEO the Management Team of Eastland consists of the following:
 
 
Additional Managing Director
 
Mr. Abdul Hamid, FCA
Chief Financial Officer
Deputy Managing Director
 
Mr. Shahid-e-Monzoor Morshed
Mr. Md. Nurul Amin
Mr. Md. Shafiul Alam Bhuiyan

Regional Chief, Khulna
In-Charge, Nawabpur Branch
In-Charge, Motijheel Branch
Mr. Aminul Islam

In-Charge, Marketing Dept.
Mr. Md. Zakaria Chowdhury
  Marketing, Principal Office
Mr. Md. Shamsul Hoque
  Marketing, Principal Office
Mr. M. Golam Hafez   In-charge, Claims Dept.
Mr. Md. Mazibur Rahman
  In-charge, Gulshan Branch
Mr. Md. Jamal Uddin Haider
  Regional Chief, Agrabad
Mr. S. M. Shahidul Haque   Marketing, Principal Office 
Senior Assistant Managing Director

Mr. Md. Ehsanul Huq
Mr. M.A. Sattar Howlader

Assistant Managing Director


Marketing, Principal Office
In-charge, Banani Branch
Mr. Md. Enamul Islam Chowdhury

Regional Chief, Sylhet
Mr. Sagir Ahmed
Mr. Md. Mosharraf Hossain
Mr. Md. Kamrul Hasan Chowdhury
Mr. Md. Tajul Islam

Accounts, Head Office
Marketing, Principal Office
In-charge, Mohakhali Branch
In-charge, Underwriting Dept.
Mr. Md. Ashraf Haider
  Marketing, Motijheel Branch
Mr. Mohammed Khairul Alam   Underwriting, Head Office 
Senior Executive Vice President
 
Mr. Md.Tariful Islam

In-charge, Re-Insurance Dept.
Mr. Md. Zaglul Haider Khan
Investment & Accounts
Mr. Md. Ahsanul Hoque 

Underwriting, Head Office
Mr. M. Abidur Rahman
  Company Secretary
Mr. Badsha Ismail Hoque
  In-charge, Kawran Bazar Branch
Mr. Humayun Kabir
  Accounts, Head Office
Executive Vice President
 
Mr. Md. Mozammel Hoque

Underwriting, Head Office
Mr. A.M.M. Nur Uddin

In-charge, Information & Technology Dept.
Mr. Md. Mushfiqul Hoque

Marketing, Principal 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. Md. Abul Kalam   In-charge, Elephant Road Branch 
Senior Vice President
 
Mr. Tarafder Md. Ruhul Quddus 
  Marketing, Nawabpur Branch
Mr. A.K.M. Azad   In-charge, Jessore Branch
Mr. Suklal Somoddar
  Marketing, Khulna Branch
Mr. Md. Siddiquer Rahman
  Marketing, Khulna Branch
Mr. Ahmed Sk. Saiful Islam
  In-charge, Satkhira Branch
Mr. Md. Nurul Amin
  Marketing, Sylhet Branch
Mr. Md. Ali Ashraf Shaikh
  Administration,Audit and Inspection
Mr. A.K.M. Sarwar-E-Alam Chowdhury
  Establishment & BCD
Mr. Syed Nesar Ahmed   Marketing, Banani Branch
Mr. M.G. Maruf Chowdhury
  Marketing, Gulshan Branch
Mr. Md. Shahidul Islam   In-charge, Kushtia Branch
Vice President
 
Mr. Abdul Baten Chowdhury
Mr. Azadur Rahman Mojumder

In-charge, Jubilee Road Branch
In-charge, Feni Branch
Mr. Md. Humayun Kabir
  Re-Insurance, Head Office
Mr. Md. Naimul Hasan

In-charge, Bogra Branch
Mr. Mohammad Abdul Alim Shamim

In-charge, Faridpur Branch
Mr. Md. Nurul Amin
  Underwriting, Head Office.
Mr. Md. Abul Kashem
  Marketing, Principal Office 
Mr. Sayed Ahmed   In-charge, Mirpur Branch
Mr. Md. Shahadat Hossain
  In-charge, Imamgonj Branch
Mr. Md. Muhsinul Islam Khan
  Underwriting, Head Office
Mr. Md. Sofiqul Islam   Accounts, Motijheel Branch
Mr. Anupam Datta Chowdhury   In-charge, Mymensingh Branch
Mr. Md. Lutfur Rahman   Marketing, Sylhet Branch
Mr. Md. Nurul Islam   In-charge, Meherpur Branch 
Mr. Anwarul Azim   Underwriting, Agrabad Branch
Mrs. Rokeya Kabir   Marketing, Banani Branch
Assistant Vice President
 
Mr. A K M Rafiqul Islam   Accounts, Head Office
Mr. Khandaker Zakir Hossain   Board and Share
Mr. Towhid Kamal Khan
Marketing, Khulna Branch
Mr. Aminul Hoque

Marketing, Banani Branch
Mr. Meshbahul Hoque
  In-charge, Chapai Nawabganj Branch
Mr. Nizam Uddin
  Underwriting, Head Office
Mr. Tarun Kanti Paul
  Accounts, Sylhet Branch
Mr. Md. Abul Bashar   Accounts, Agrabad Branch
Mr. Md. Aminul Islam    Accounts, Head Office
Mr. Masud Ahmed   Accounts, Head Office
Mr. A.F.M. Bodrudazza   Underwriting, Head Office
Mr. Md. Ahsan Ullah   Accounts, Head Office
Mr. Nur Mohammed   Accounts, Head Office
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