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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. 0.54 for April-June, 2017 as against Tk. 0.28 for April-June, 2016; EPS was Tk. 1.02 for January-June, 2017 as against Tk. 0.58 for January-June, 2016. NOCFPS was Tk. 0.22 for January-June, 2017 as against Tk. 0.11 for January-June, 2016. NAV per share was Tk. 22.78 as of June 30, 2017 and Tk. 20.43 as of June 30, 2016.




The Cash Dividend (including sale proceeds of fractional bonus share) for the year ended December 31, 2016 has been credited to the respective shareholders' Bank Accounts on June 18, 2017 through BEFTN . The remaining un-remitted cash dividend will be dispatched through dividend warrant to the respective shareholders' address.




The bonus shares for the year ended December 31, 2016 has been credited on June 12, 2017 through Central Depository System to the respective shareholders' BO Accounts.




(Q1 Un-audited): EPS was Tk. 0.51 for January-March, 2017 as against Tk. 0.31 for January-March, 2016. NOCFPS was Tk. 0.21 for January-March, 2017 as against Tk. 0.09 for January-March, 2016. NAV per share was Tk. 25.42 as of March 31, 2017 and Tk. 24.36 as of December 31, 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.




The Board of Directors has recommended 10% cash and 5% stock dividend for the year ended on December 31, 2016. Date of AGM: 24.05.2017, Time: 3:00 PM, Venue: Spectra Convention Centre Limited, House No: 19, Road No: 7, Gulshan-1, Dhaka-1212. Record date: 08.05.2017. Comparative key Financial Indicators are EPS of Tk. 1.98, NAV per share of Tk. 24.36 and NOCFPS of Tk. 0.90 for the year ended on December 31, 2016 as against Tk. 1.84, Tk. 22.47 and Tk. 1.00 respectively for the same period of the previous year.




(Q3 Un-audited): EPS was Tk. 0.13 for July-September, 2016 as against Tk. 0.06 for July-September, 2015; EPS was Tk. 0.74 for January-September, 2016 as against Tk. 1.18 for January-September, 2015. NOCFPS was Tk. 0.15 for January-September, 2016 as against Tk. 0.34 for January-September, 2015. NAV per share was Tk. 23.02 as of September 30, 2016 and Tk. 22.47 as of December 31, 2015.




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

Marketing Deptt.
Mr. Md. Zakaria Chowdhury
  Marketing, Principal Office
Mr. Md. Shamsul Hoque
  Marketing, Principal Office
Mr. M. Golam Hafez   In-charge, Claims Deptt.
Mr. Md. Mazibur Rahman
  In-charge, Gulshan Branch
Mr. Md. Jamal Uddin Haider
  Regional Chief, Agrabad
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

AccountsDeptt.
Marketing, Principal Office
In-charge, Mohakhali Branch
In-charge, Underwriting Deptt.
Mr. Md. Ashraf Haider
  Marketing, Motijheel Branch
Senior Executive Vice President
 
Mr. Md.Tariful Islam

In-charge, Re-Insurance Deptt.
Mr. Md. Zaglul Haider Khan
Investment & Accounts
Mr. Tahur Ullah

Marketing, Principal Office
Mr. Md. Iqbal Mazumder, ACII
Market Research & Training Deptt.
Mr. Md. Ahsanul Hoque 

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

Underwriting Deptt.
Mr. A.M.M. Nur Uddin

In-charge, Information Technology Deptt.
Mr. Md. Mushfiqul Hoque

Marketing, Principal Office
Mr. Md. Pallab Karder

Marketing, Principal Office
Mr. Md. Monowar Hossain

In-charge, Narayangonj Branch
Senior Vice President
 
Mr. Mir Abdul Haye
Marketing, Principal Office
Mr. Md. Abul Kalam
In-charge, Elephant Road Branch
Mr. Md. Abdur Rahman
In-charge, Malibagh Branch
Mr. Tarafder Md. Ruhul Quddus 
  Marketing, Nawabpur Branch
Mr. A.K.M. Azad   In-charge, Jessore Branch
Mr. Suklal Somoddar
  In-charge, 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
Vice President
 
Mr. Abdul Baten Chowdhury
Mr. Azadur Rahman Mojumder

In-charge, Jubilee Road Branch
In-charge, Feni Branch
Mr. Md. Shahidul Islam
In-charge, Kushtia Branch
Mr. Md. Humayun Kabir
  Re-Insurance Deptt.
Mr. Md. Naimul Hasan

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

In-charge, Faridpur Branch
Mr. Md. Nurul Amin
  Underwriting Deptt.
Mr. Md. Abul Kashem
  Marketing, Principal Office 
Mr. Sayed Ahmed   In-charge, Mirpur Branch
Mr. Md. Shahadat Hossain
  In-charge, Imamganj Branch
Mr. Md. Muhsinul Islam Khan
  Underwriting Deptt.
Assistant Vice President
 
Mr. A K M Rafiqul Islam
Mr. Khandaker Zakir Hossain
Mr. Md. Sofiqul Islam
Mr. Anwarul Azim

Accounts Deptt.
Board and Share
Motijheel Branch
Agrabad, Chittagong
Mr. Anupam Datta Chowdhury
In-charge, Mymensingh Branch
Mr. Md. Nurul Islam

In-charge, Meherpur Branch
Mr. Md. Luffur Rahman

Marketing, Sylhet Branch
Mr. Towhid Kamal Khan
Marketing, R.O., Khulna
Mr. Aminul Hoque

Marketing, Banani Branch
Mr. Meshbahul Hoque
  In-charge, Chapai Nawabgonj Branch
Mr. Nizam Uddin
  Underwriting Deptt.
Mr. Tarun Kanti Paul
  Accounts, Sylhet Branch
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