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Green Delta Insurance Company Holds its 34th AGM through online platform for the 1st time in insurance industry


Green Delta Insurance Company Limited has declared 20% dividend (5% Stock dividend and 15% Cash dividend) for its shareholders for the year ended December 31, 2019. The announcement was made at the 34th Annual General Meeting of the company, held earlier today (30th June 2020) through online conferencing and broadcasting platform. This is the first time in insurance sector that any organization has held its AGM through online platform. The meeting was attended by sponsors, directors and shareholders and was presided over by Mr. Abdul Hafiz Chowdhury, Chairman of the company.

The Chairman expressed his appreciation towards the shareholders of the company for their continuous support and cooperation towards the growth of the company and congratulated and thanked the members of Green Delta family who have invested their apt and sincerest efforts in ensuring the uninterrupted customer service and business operation by redesigning the work culture that accommodates work from home and maintains social distancing. Ms. Farzanah Chowdhury (Chartered Insurer, MD and CEO of Green Delta Insurance) thanked all the shareholders for helping Green Delta Insurance march ahead in the industry and secure the top position since its inception and expressed her gratitude towards her team that relentlessly pursued excellence even during present dire situation. Besides expressing her high hopes about the future of the company riding on a diverse service portfolio featuring comprehensive digitalized solution, automated customer service, insurtech etc., Ms. Chowdhury also promised to drive continuous innovation and best in class service to ensure financial stability and sustainable growth of the company. Advisor and Founding Managing Director of Green Delta Insurance, Mr. Nasir A. Choudhury, also addressed to the shareholders and expressed his gratitude for their continued support.

A good number of shareholders spoke in the online AGM and highly appreciated the board of directors and management of Green Delta Insurance for their outstanding performance, strong corporate governance, declaration of attractive dividend and publishing an extensively informative annual report for the year of 2019.

About Green Delta Insurance Company Limited:

Green Delta Insurance Company Limited, traded as GREENDELT on DSE, is the largest and leading non-life insurance company of Bangladesh. Green Delta Insurance is the first Insurance Company in Bangladesh to earn a credit rating of AAA and ST1 for the fifth year in a row. Moreover, Green Delta Insurance has earned numerous national and international awards including UNCDF SDG award, ICSB award, ICMAB award, SAFA award, ICAB award, IADA award, ARC award, Best Employer Brands Award, Emerging Asia Award and many more. Since its inception in 1986, Green Delta Insurance Company Ltd. has been leading the winds of change in the insurance industry of the country in terms of service standard, innovative products and legislative restructuring. Green Delta Insurance is the first non-life Insurance Company from Bangladesh to introduce the retail insurance department with the motto ‘Insurance for Everyone’. Green Delta Insurance is also the first in Bangladesh to launch digital insurance for few of its services. Apart from innovating different products targeted towards niche segments of the society and digitizing the insurance buying process, Green Delta Insurance is also the first in Bangladesh to launch Weather Index-based Agricultural Insurance with an aim to mitigate farmers’ risk associated with uncertain weather changes. After a glorious journey of more than 3 decades, Green Delta Insurance Company Limited has now become a big family of visionary board members, 600+ committed staff working at 43 branches across the country, numerous valued clients from all walks of life and thousands of esteemed shareholders. By now, Green Delta has been able to uphold the brand image as a prompt claim settler, superior service provider, and diversified product supplier – almost like a one stop solution provider in the non-life insurance sector in the country.