Sonali Life Insurance Approves 15% Cash Dividend at AGM

Sonali Life Insurance PLC has successfully hosted its 13th Annual General Meeting, bringing together key investors, board members, and executive leadership to review corporate performance and ratify critical financial decisions. Held on Thursday at the company’s corporate conference room in Malibagh, Dhaka, the gathering marked a vital milestone for the insurer as it assessed its fiscal health through the end of the 2025 financial year. Moinul Islam, Chairman of the board of directors, presided over the proceedings.

Financial Approvals and Shareholder Returns

The central focus of the assembly was the formal presentation and review of the audited financial statements for the year ended 31 December 2025. Shareholders thoroughly examined the accounts, alongside the comprehensive reports submitted by the board of directors and independent auditors. Following detailed deliberations, the assembly unanimously approved these documents, ensuring transparency and accountability in corporate reporting.

A standout moment of the meeting was the official endorsement of a 15 percent cash dividend for the 2025 financial year. This payout rewards eligible investors based on their shareholdings, underscoring the company’s commitment to delivering tangible value to its backers amid shifting market dynamics.

Corporate Governance and Auditing

Beyond profit distribution, the general meeting tackled essential administrative and regulatory requirements for the upcoming business cycle. Attendees officially approved the appointment of statutory and compliance auditors for the 2026 financial year. Independent audits remain a cornerstone of public market compliance, ensuring that the firm’s financial reporting maintains high standards of integrity, transparency, and adherence to regulatory frameworks.

Leadership and Key Attendees

The AGM recorded robust attendance from across the institutional hierarchy, featuring significant representation from both the board and the executive management team.

  • Moinul Islam – Chairman, Board of Directors

  • Zafar Iqbal NDC – Independent Director

  • Fazlutun Nesa – Shareholder Director

  • Mostofa Kamrus Sobhan – Shareholder Director

  • Fouzia Kamrun Tania – Representative Director, Rupali Insurance Co. Ltd.

  • Sheikh Md. Daniel – Sponsor Director

  • Omar Khayyam – Sponsor Director

  • Md. Rafiqul Islam – Acting Chief Executive Officer

  • Md. Ali Reza – Head of Internal Control

  • Md. Monjur Morshed – Chief Operating Officer

  • Hasib Reza – Chief Information Officer

  • Md. Abdur Rob, FCS – Company Secretary

Annual general meetings serve as the ultimate platform for corporate democracy within listed entities, bridging the gap between management and the investor base. With the 2025 financial accounts settled, the 15 percent cash dividend secured, and auditors appointed for 2026, Sonali Life Insurance PLC enters the new operational year with stable governance and a clear strate

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