Peoples Insurance declares 8pc cash dividend

The 35th Annual General Meeting of Peoples Insurance Company Limited was held virtually on Thursday (24 September, 2020) due to the coronavirus pandemic. 

The company’s chairman, Jafar Ahmed Patwari presided over the meeting where directors, including the chairmen of all assistive committees of the board of directors, representatives of statutory auditors and more than 300 digitally connected shareholders joined the AGM, said a release. Adviser, M. H. Khaled, Managing Director and CEO, Sib Sankar Saha, FCA, Company’s past chairmen and high officials also attended the AGM. The meeting was continued by Company Secretary, Sk. Md. Sarfaraz Hossain ACS.

Shareholders approved the audited financial statements for the year 2019, 8 per cent cash dividend for the year 2019, and appointed statutory auditors and compliance professionals for the year 2020 and a number of important issues. 

The AGM began at 11:30 am on the digital platform, where shareholders registered on the record date could join, propose or second or vote or oppose agenda following the instructions previously issued by the company. The shareholders expressed their satisfaction for efficient management in running the affairs of the Company.