Green Delta declares 20% dividend

The Green Delta Insurance Company Limited has declared 15% cash dividend and 5% stock dividend for its shareholders for the year ended on December 31, 2019.

The announcement was made at the 34th annual general meeting (AGM) of the company which held through online conferencing and broadcasting platform on Tuesday, said a media statement.

This is the first time in insurance sector that any organisation has held its AGM through online platform.

Abdul Hafiz Chowdhury, chairman of the company presided over the meeting. The company's sponsors, directors and shareholders joined the AGM.

The Chairman expressed his appreciation towards the shareholders of the company for their continuous support and cooperation towards the growth of the company.

He thanked the members of Green Delta family who have invested their apt and sincerest efforts in ensuring the uninterrupted customer service and business operation by redesigning the work culture that accommodates work-from-home and maintain the social distancing.

Farzanah Chowdhury, managing director and chief executive officer of the company thanked all the shareholders for helping Green Delta Insurance march ahead in the industry and secure the top position since its inception and expressed her gratitude towards her team that relentlessly pursued excellence even during present dire situation.

Besides expressing her high hopes about the future of the company riding on a diverse service portfolio featuring comprehensive digitalised solution, automated customer service, she also promised to drive continuous innovation and best in class service to ensure financial stability and sustainable growth of the company.

Nasir A Choudhury, advisor and founding managing director of the company also addressed to the shareholders and expressed his gratitude for their continued support.