Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 297 Mon. March 28, 2005  
   
Business


New MD of Reliance Ins
Akhtar Ahmed has taken over as the managing director and chief executive officer of Reliance Insurance Ltd with effect from March 19, 2005.

After completing his MA from Dhaka University in 1970, Ahmed joined Eastern Federal Insurance Company, says a press release.

In 1981, he joined Asian Reinsurance Corporation Bangkok, an inter-governmental organisation set up by the United Nations, and served in various managerial positions until 1989.

In 1989, he joined Arab Insurance Group, the largest insurance organisation of the Middle East, and served for 14 years in various positions based in Hong Kong and Kuala Lumpur.

Ahmed returned home in 2003 and served as managing director of Sadharan Bima Corporation until February 2004.

He has recently completed an assignment as consultant of KPMG, Abu Dhabi on a project for setting up a large reinsurance company by GCC countries in the Middle East.