Padma Bank renews life insu deal with Protective Life

Business Desk

21 January, 2020 12:00 AM printer

Padma Bank renews life insu deal with Protective Life

Protective Life Insurance Company Chief Executive Mohammad Yusuf Ali Mridha and Padma Bank Head of Human Resources Division M Ahsan Ullah Khan are seen at an agreement signing ceremony at Gulshan Corporate head office of Padma Bank in the capital on Thursday.

Padma Bank Limited has renewed its insurance agreement with Protective Life Insurance in an effort to ensure full health risk coverage for all of its officials and their family members.

 Maternity insurance of the bank employees will also be covered as part of the agreement – one of the most comprehensive life insurance coverage’s extended to bankers in the country’s banking industry, said a press release.

Chief Executive of Protective Life insurance company, Mohammad Yusuf Ali Mridha, thanked the Padma Bank board of directors for keeping faith in the services of his company. 

The renewal agreement was signed on Thursday at Gulshan Corporate Head office of Padma Bank where senior officials of both the companies including the Head of Human Resources Division of the bank M Ahsan Ullah Khan were present.