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Wednesday, October 19, 2005

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HEADLINE
 
BGIC chairman MA Samad dead
FE Report
10/19/2005
 

          Chairman of Bangladesh General Insurance Co. Ltd (BGIC) MA Samad died of heart failure in the early hours on Tuesday. He was 82. He left behind his wife Begum Fawzia Samad, President of the Dhaka Ladies Club, only son Mr Towhid Samad, renowned industrialist and past President of Dhaka Club Ltd, three daughters and a good number of grand children, great grand children and well-wishers.
His Namaz-e-Janaja will be held at the Gulshan Azad Mosque after 'Jumma' prayer on Friday.
Late Samad established Bangladesh General Insurance Co Ltd after his retirement as Managing Director, Jiban Biman Corporation. He is an Honours Graduate from the illustrious Presidency College, Kolkata with a brilliant academic carrier all through. Mr Samad has been associated with insurance industry since 1946. He is the founder Director of Bangladesh Insurance Academy, an institution established by government for professional training and dissemination of insurance education.
Besides his two books written in Bengali -- one on Life Insurance and another on General Insurance -- he is the author of two more text books on Life Insurance in English, which received high appreciation from a number of renowned insurance organisations of the world.
Late Samad was enlisted as an international expert in the Technical Assistance Programme on Trade and Development of the United Nations. He represented the country at a number of seminars and conferences abroad and visited most of the insurance training institutions in the UK and the USA and participated in the UNDP Fellowship Programme. He was also a former Chairman of Bangladesh Insurance Association, the country's apex insurance entity.
Late Samad was born at Kulaura in the district of Moulvibazar in a respectable Muslim Family in 1923.

 

 
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