It is a great pleasure for me to welcome you all to the 20th Annual General Meeting (AGM) of the Company. On behalf of the Board of Directors, I would like to take this opportunity to express my heartfelt gratitude to you all for the continued confidence and trust that you have placed in us and in our endeavors.
I am delighted to inform you that Meghna Insurance Company Limited has completed another successful year by overcoming all the adverse situations which prevailed during last year. I am confident that you will appreciate the overall improved performance of the Company during the year 2015 despite huge challenges in the Insurance Sector.
You will be glad to know that Meghna Insurance Company Limited has once again been rated A+(Single A plus) based on its financial statements ended 31st December 2015 which indicates Insurance Companies under these categories have a high capacity to meet policyholders’ obligations and provide policyholders’ benefits relative to other insurance companies in the same market.
The Board of Directors of our company is committed to meet the highest standard of corporate governance and disclosures. There is a strong commitment from the Board towards incorporating corporate governance and transparency in all aspects of operation and management of the company. I feel proud that we are now able to work in fully automated system in our all branch offices (except the Kurigram Branch) and provide online business support to the valued customers. Meghna Insurance has established a brand image through operation of a large network of Branches and introduction of attractive product portfolio. We are always vigilant to provide better services to our valued customers.
Our achievements were possible because of wonderful blend of Board’s prudent polices and strategies which were implemented by our committed, dedicated and loyal members of management team, efficient branch In-Charge and all levels of employees through their whole-hearted co-operation and support.It is actually the shareowners and the customers whose sincere co-operation and wholehearted support have led us to achieve the growth we have been able to attain.
I thank all our shareholders and my colleagues in the Board of Directors for their guidance and support. I also convey my sincere appreciation to the management and staff of the Company for their dedication and hard work under the able guidance of the Chief Executive Officer. I am also thankful to the Insurance Development and Regulatory Authority for their support and guidance. We look forward to leveraging on the opportunities and face the challenges which will arise in the coming days. May Almighty Allah bestow His infinite mercy and magnificent kindness upon us for further the prosperity and wellbeing of all members of Meghna Insurance Company Limited.