Today (Monday) is the 17th death anniversary of M A Samad, an Insurance legend & founder of Bangladesh General Insurance Company Ltd. (BGIC). After his retirement as Managing Director of Jiban Bima Corporation, he established BGIC, the first Insurance Company in private sector after country’s liberation.
Moreover he was the founder Director of Bangladesh Insurance Academy and former Chairman of Bangladesh Insurance Association. M A Samad wrote two books in Bengali: one on life insurance and another on general insurance.
He also wrote two textbooks in English on life insurance. Being a legend of life insurance sector, he contributed a lot for General insurance through his merits & intellects. He was an enlisted International Expert in the Technical Assistance Program on Trade and Development of the United Nations. M A Samad visited most of the insurance training institutions in UK and USA under UNDP fellowship program. M. A. Samad was born at Kulaura of Moulvibazar in a respectable Muslim family on 1st January, 1923.
