PROGRESLIF 07-Jan-2015 The Company has informed that the Board of Directors of the Company has instructed Mr. Md. Shahjahan Azadi to serve his duty as the Managing Director (Current Charge) of the Company in addition to his current charge of Deputy Managing Director with effect from January 01, 2015.
PROGRESLIF 30-Dec-2014 DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Progressive Life Insurance Company Ltd. starting from January 01, 2015 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
PROGRESLIF 30-Dec-2014 The Company will be placed in Z category from existing A category with effect from January 01, 2015 as the Company failed to hold AGM in the year 2014.
PROGRESLIF 16-Nov-2014 The Company has informed that the Board of Directors of the Company has elected Mr. Abdul Malik as chairman and Mr. Gulam Mostofa Ahmmad as Vice chairman of the Company.
PROGRESLIF 30-Jun-2014 (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported an increase in life revenue account of Tk. 15.43 million with total life insurance fund of Tk. 3,935.53 million as against Tk. 109.78 million and Tk. 3,756.70 million respectively for the same period of the previous year.
PROGRESLIF 04-Mar-2014 The Company has informed that the Insurance Development and Regulatory Authority (IDRA) has confirmed the appointment of Dr. Syed Tanvir Alam as Chief Executive Officer & Managing Director of the Company with effect from 25 September, 2013.
PROGRESLIF 31-Oct-2013 (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported an increase in life insurance fund of Tk. 38.99 million as against Tk. 89.16 million for the same period of the previous year. Whereas increase in life insurance fund was Tk. 176.31 million for the period of 9 months (Jan'13 to Sep'13) ended on 30.09.2013 as against Tk. 369.67 million for the same period of the previous year. Total life insurance fund stood at Tk. 3,823.23 million as on 30.09.2013 as against Tk. 3,210.69 million as on 30.09.2012.
PROGRESLIF 29-Oct-2013 Mr. M.A. Karim, one of the Sponsors of the Company, has further reported that he has completed his receipt of 1,09,000 shares of the Company from his wife Mrs. Nurun Nahar Begum by way of gift outside the trading system of the Exchange as announced earlier.
PROGRESLIF 27-Oct-2013 Mr. M.A. Karim, one of the Sponsors of the Company, has expressed his intention to receive 1,09,000 shares of the Company from his wife Mrs. Nurun Nahar Begum by way of gift outside the trading system of the Exchange within October 31, 2013.