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The Composition of Board

The Board of Directors of the Reliance Insurance Limited is proudly composed of the widely-acclaimed business personalities of Bangladesh. All of them have first-hand experiences in running goal-oriented organizations, and proven track record of leading conglomerates through their innovative entrepreneurial skills.

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ChairmanDirectorsChief Consultant
MS. SHAHNAZ RAHMANMR. SHAMSUR RAHMANMR. AKHTAR AHMED
Vice-ChairmanMS. ZAKIA ROUF CHOWDHURYManaging Director & CEO
MR. RAJIV PRASAD SHAHA MR. ARSHAD WALIUR RAHMANMR. MD. KHALED MAMUN
MR. IMRAN FAIZ RAHMAN
MR. IFTEKHARUL HUQ
MS. SAMIRA ALAM
MRS. SRIMATI SHAHA
MRS. SABRA YASMIN CHOWDHURY
MS. AMIRAN HOSSAIN
MR. ABDULLAH AL MAMUN FCA
MS. SHAHZREH HUQ
MR. ANIS-UZ-ZAMAN KHAN
MR. AZIZUR RASHID FCA
MD. HABIBUR RAHMAN MOLLAH FCA

MS. SHAHNAZ RAHMAN

Chairman


Ms. Shahnaz Rahman is a Director of Transcom Limited, Transcom Beverages Limited (sole franchisee of PEPSI), Bangladesh Lamps Limited (licensed manufacturers of PHILIPS lighting products), Transcom Foods Limited (sole franchisee of Pizza Hut & KFC), Transcom Electronics Limited, Transcom Cables Limited (manufacturers of domestic and industrial cables), Transcom Mobile Limited, Eskayef Bangladesh Limited, Transcom Distribution Co. Limited, Bangaldesh Electrical Industries Limited, Transcom Consumer Products Limited, Trinco Limited, Transfin Trading Limited, Mediastar Limited (publishers of Prothom Alo), Tea Holdings Limited, Mediaworld Limited (publishers of The Daily Star).

Ms. Rahman is also a Sponsor Director of Reliance Insurance Limited.

MR. RAJIV PRASAD SHAHA

Vice Chairman


Mr. Rajiv Prasad Shaha is the Managing Director of Kumudini Welfare Trust of Bengal (BD) Ltd. and Kumudini Pharma Ltd since January 2000. Mr. Shaha was the Director of Kumudini Welfare Trust of Bengal (BD) Ltd and Kumudini Pharma Ltd since 1987 till December 1999. Mr. Shaha is a Sponsor Director of Reliance Insurance Limited.

Mr. Shaha is the grandson of the great philanthropist Rai Bahadur Ranada Prashad Shaha (R. P. Shaha), the founder of Kumudini Welfare Trust of Bengal (BD) Limited.

Directors


MR. SHAMSUR RAHMAN


Mr. Shamsur Rahman is the Director of Bangladesh Lamps Limited (licensed manufacturers of PHILIPS lighting products), Transcom Electronics Limited, Mediastar Limited (publishers of Prothom Alo), Mediaworld Limited (publishers of The Daily Star), ABC Radio (FM Radio Station). Marina Tea Co. Limited, Monipur Tea Co. Limited and M. Rahman Tea Co. Limited.

Mr. Rahman is also a Sponsor Director of Reliance Insurance Limited.

MS. ZAKIA ROUF CHOWDHURY


Ms. Zakia Rouf Chowdhury is the Director of Rangs Limited, Rangs Motors Limited, Rangs Properties Limited, Rangs Industries Limited, Rangs Pharmaceuticals Limited, Rangs Workshop Limited, Rancon Motors Limited, Ranks ITT Limited, Ranks Telecom Limited, Ranks Interior Limited, Ranks Real Estate Limited, Shield Security Services Limited, Ranks Steels Limited, Ranks Agro Biotech Limited, Sash Limited, Zest Polymer Limited, Metro Foils Limited, Sea Resources Group.

Ms. Chowdhury is a Sponsor Director of Reliance Insurance Limited.

MR. ARSHAD WALIUR RAHMAN


Mr. Arshad Waliur Rahman is a Director of Transcom Beverages Limited (sole franchisee of PEPSI), Transcom Foods Limited (sole franchisee of Pizza Hut & KFC), Transcom Electronics Limited (licensed manufacturers of PHILIPS lighting products and TVs/Radios, manufacturers of TRANSTEC lighting and household appliances, sole distributor of WHIRLPOOL, Transcom Cables Limited (manufacturers of domestic and industrial cables), Transcom Mobile Limited (distributor for SAMSUNG mobile handsets), Eskayef Bangladesh Limited (leading pharmaceutical manufacturers – formerly SmithKline & French), Transcom Distribution Co. Ltd. (distribution of pharmaceuticals – SK&F, NOVO NORDISK, SERVIER, ALLERGAN and consumer brands – Frito Lay, Heinz, Wrigley, Mars, Energizer, Schick, L’Oreál, Garnier, Ferrero, ConAgra Foods, Hemas) Mediastar Limited (Publishers of PROTHOM ALO), Tea Holdings Limited (Tea Plantations). Major stakeholders in Mediaworld Limited (Publishers of THE DAILY STAR), National Housing Finance and Investments Limited.

MR. IMRAN FAIZ RAHMAN


Mr. Imran Faiz Rahman is a member of the Board of Directors of Reliance Insurance Limited. He has completed Bachelor of Business Administration (BBA) from a reputed University of USA. He is the Chairman of Imaan Cold Storage Ltd. and Managing Director of Arlinks Ltd.and Imaan Cold Storage Ltd. He is also the Director of R.R Cold Storage Ltd., Aris Holdings Ltd., R R Estates Ltd.

MR. IFTEKHARUL HUQ


Mr. Iftekharul Huq is a sponsor Director of Reliance Insurance Limited.

Mr. Huq obtained his graduation in Economics from George Mason University in Virginia, USA. After that he worked for Bangladesh Enterprise Institute as a Research Assistant on the "Counter Terrorism Policy" project. He did internships at Grameen and Airtel.

MS. SAMIRA ALAM


Ms. Samira Alam is the Chairman of General Produce International Ltd. After obtaining her BSc honors in Electrical and Electronic Engineering and Master in satellite and Radio communication from King’s College University of London, she took a year training at Tyser & Co, an Insurance and Reinsurance Broker and an underwriting company for Lloyds Banks Plc, UK. Later, she moved on to Investment Banking and worked for several years at Goldman Sachs and Nomura International. Ms. Alam has a vast client base including Reuters, Bloomberg, Lloyds Bank Plc, Berclays Bank, Bank of America Merrill Lynch, European Space Agency, London Stock Exchange, New York Stock Exchange, Deuche Bank and BP Oil. She is passionate about mathematics and spent the last few years working as an adjunct lecturer in applied and business mathematics at the American University of Iraq, Suleymani. In July 2020, General Produce International Ltd. nominated Ms. Samira Alam as Director in the Board of Directors of Reliance Insurance Limited.

MRS. SRIMATI SHAHA


Mrs. Srimati Shaha was born in a respectable family in 1950 at Sylhet. She completed her schooling and later graduation. Thereafter, despite her heavy commitment to the family she continued looking after the war affected Kumudini Welfare Trust of Bengal (BD) Ltd. Following the traditions of Kumudini, Mrs. Srimati Shaha dedicated her life in the furtherance of female education and women’s empowerment in addition to the provision of health care to the poor and needy. She actively participates in the running of Bharateswari Homes residential school for girls.

Mrs. Shaha was instrumental in setting up the Kumudini Nursing School and the Kumudini Nursing College. In recognition of her contribution in the field of female education she was conferred with the `Begum Rokeya Award’ in 2005. Mrs. Shaha is presently member of the Governing body of Kumudini Women's Medical College, member of the Board of Trustees of Ranada Prasad Shaha University and she is also a Director of Kumudini Welfare Trust.

MS. SABRA YASMIN CHOWDHURY


Ms. Sabra Yasmin Chowdhury is the Director of Rangs Workshop Ltd. Ms. Sabra is also the Director of the Sea Resources Group of Companies consisting of 3 export oriented Deep Sea Fishing Companies & 4 other Companies. Rangs Workshop Ltd nominated Ms. Sabra Yasmin Chowdhury as Director in the Board of Directors of Reliance Insurance Limited.

MS. AMIRAN HOSSAIN


Ms. Amiran Hossain was appointed as Director of Reliance Insurance Limited on July 24, 2017 nominated by Deep Sea Fishers. After completion of her A-levels from Mastermind School, Dhaka, she enrolled at Bachelor of Science (Economics) at the State University of New York, USA. Beside academia, she involved herself with community and social organizations. She worked with Senator Mr. Ruben Diaz for the New York State Democratic Conference, Albany, New York in 2014. Ms. Hossain is an active member of Albany Stock Exchange Club and Albany Business Leaders Emerge, New York. She has keen interest on Golf, Swimming, Tango, Guitar and piano.

MS. SHAHZREH HUQ


Ms. Shahzreh Huq is a Director of the Board of Reliance nominated by Transcom Limited. Ms. Shahzreh Huq is also a Member of Board of Directors of Eskayef Pharmaceuticals Limited (leading pharmaceutical manufacturers - formerly SmithKline & French), Transcom Consumer Products Limited (first ever PepsiCo Foods Franchisee in the world), Transcom Distribution Co. Ltd. (distribution of pharmaceuticals - SK+F, NOVO NORDISK, SERVIER, ALLERGAN and consumer brands - Frito Lay, Heinz, Mars, Energizer, Schick, L’Oreal, Garnier, Abbott Nutrition and ConAgra), Transcom Beverages Limited, Bangladesh Lamps Limited (manufacturers of lighting products), Bangladesh Electrical Industries Limited (manufacturers of SAMSUNG and TRANSTEC lVs), Transcom Foods Limited (sole franchisee of Pizza Hut & KFC), Transcom Electronics Limited (distribution of SAMSUNG, WHIRLPOOL, DAIKIN, HITACHI, PANASONIC, PHILIPS and TRANSTEC household appliances), Mediastar Limited (Publishers of PROTHOM ALO, country’s largest circulated Bengali Newspaper), Ayna Broadcasting Corporation Limited (FM Radio Station) and Tea Holdings Limited.

MR. ABDULLAH AL MAMUN FCA


Mr. Abdullah Al Mamun is business professional with more than 15 years of experience in multiple industries. He is now serving as the Director-Corporate Finance of Transcom Limited, one of the Largest & Professionally Managed Diversified Business Conglomerates in Bangladesh.

Mr. Mamun holds the position of Director-Corporate Finance of Transcom Distribution Ltd, Bangladesh’s largest distribution and logistics company with operations in pharmaceuticals, consumer brands and diagnostic devices. Transcom Distribution is proud to have strong bonds with multinational giants, L’Oréal, Novo Nordisk, Servier, Abbott, Kraft Heinz, Unilever International and Mars among others.

Mr. Mamun is also the Director-Corporate Finance of Transcom Consumer Products Ltd, PepsiCo’s first snacks franchise operation in the world.

Prior to joining Transcom family in 2007, he served A. Qasem & Co, Chartered Accountants, an associated firm of PricewaterhouseCoopers (PwC) for 2 years.

He serves as the Member of the Executive Committee and Treasurer of the Faraaz Hossain Foundation.

Mr. Mamun is a Fellow Chartered Accountant of Institute of Chartered Accountants of Bangladesh (ICAB) and holds a Masters in Commerce degree. He also served as a faculty member of ICAB from 2006 to 2014.

MR. ANIS-UZ-ZAMAN KHAN

Independent Director


Mr. Anis-uz-Zaman Khan was appointed to the Board of Directors of Reliance Insurance Limited on 9th September 2021 as Independent Director of the Company. Before taking voluntary retirement from the Government of the Peoples’ Republic of Bangladesh, he served as Secretary in the Ministry of Information and Rural Development & Co-operative. He was also a Director of GEC (BD) Ltd. and Managing Director of Social Marketing Company Ltd. He was also the ombudsperson for BRAC for a term of three years. He has visited many countries including USA in 1977 on invitation from the US Government under the Leader Exchange Program. Mr. Khan completed his Master of Arts degree from University of Dhaka and obtained his Post Graduate Diploma in Development Administration from University of Leeds, United Kingdom.

MR. AZIZUR RASHID

Independent Director


Mr.Azizur Rashid was appointed as Independent Director of the Board of Reliance Insurance Limited on 31st March 2019. Mr.Azizur Rashid, Chartered Accountant by profession, holds extensive experience of working both in public practice and industry in UK. Upon return to Bangladesh in 1989 he joined the finance function of BOC Bangladesh Limited, a British multinational company (listed). He spent 22 years in BOC and out of which 14 years as Country Head of Finance and Company Secretary. After BOC, Mr. Rashid served as CFO with Summit Group, a well known local group with speciality in the energy sector. Immediately before joining Link 3 Technologies Limited (in February 2015), a leading broad band company in Bangladesh, he was working as Financial Management Consultant with World Bank, Dhaka and subsequently with Hoda Vasi Chowdhury & Co, Chartered Accountants.

For a number of terms Mr. Rashid served as member of Trade, Tariff & Taxation Sub-Committee of Foreign Investors Chamber of Commerce & Industry, Bangladesh and also of Metropolitan Chamber of Commerce & Industry, Bangladesh. Earlier, he received membership of British Institute of Management.

MD. HABIBUR RAHMAN MOLLAH FCA

Independent Director


Mr. Md. Habibur Rahman Mollah was appointed as Independent Director of the Board of Reliance Insurance Limited on 28th July 2021. He completed his B. Com. (Honors) and M. Com. in Accounting from Dhaka University in 1977. And qualified himself as a Chartered Accountant in 1988 from the Institute of Chartered Accountants of Bangladesh. As a seasoned professional, he has served many multi-disciplinary business organizations including Bangladesh Rural Electrification Board, Rahimafrooz Group, Bangladesh Lamps Limited, Meghna Group of Industries, Transcom Group and Crown Cement Group. Mr. Mollah is a practicing Public Accountant and a Partner of Ahmed Khan & Co. Chartered Accountants. Since 2006 Md. Habibur Rahman Mollah was Director of IDLC Finance Limited for about seven years.

MR. MD. KHALED MAMUN

CEO


Mr. Mamun Joined Reliance Insurance in June, 2005 after 11 years of service in Reinsurance Department of the State Owned Sadharan Bima Corporation. Apart from his Masters degree from Dhaka University, he also obtained Diploma in Development Planning from Academy for Planning and Development, Dhaka. He is an Associate Member of Bangladesh Insurance Academy, Dhaka and also the Associate Member of the Chartered Insurance Institute, United Kingdom. He received Advanced Non-Life Insurance & Reinsurance Training from Swiss Insurance Training Centre (SITC) of Swiss Re, Zurich, Switzerland and Reinsurance Management Training from Asian Re, Bangkok, Thailand. Mr. Khaled has also attended a number of seminars on Insurance and Reinsurance at home and abroad. Recently Chartered Insurance Institute of London has awarded Mr. Khaled with the prestigious “Chartered Insurer” status.


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The Composition of Board

The Board of Directors of the Reliance Insurance Limited is proudly composed of the widely-acclaimed business personalities of Bangladesh. All of them have first-hand experiences in running goal-oriented organizations, and proven track record of leading conglomerates through their innovative entrepreneurial skills.

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