Dhaka Bank and MetLife Bangladesh sign agreement for employee insurance

[Dhaka, January 11, 2025] Dhaka Bank has signed an agreement with MetLife Bangladesh to offer its employees comprehensive life insurance coverage. This partnership will ensure that more than 1980 Dhaka Bank employees are protected against critical illness, accidents, disabilities, and loss of life.

Mr. Sheikh Mohammad Maroof, Managing Director of Dhaka Bank, and Ala Ahmad, Chief Executive Officer of MetLife Bangladesh signed the agreement recently in a ceremony attended by senior officials from both organizations.

Insurance coverage for employees plays a critical role in fostering a sense of security and loyalty among the workforces. Providing insurance protection mitigates the financial burden on people in times of crisis and highlights an organization’s commitment to the wellbeing of its team.

Dhaka Bank has selected MetLife as its insurance provider due to MetLife’s consistent track record of claims settlement, customized solutions, advanced dashboard, cashless outpatient and ambulance service, and financial strength, which allows it to pay claims faster and without hassle.

“Dhaka Bank has a remarkable legacy of excellence in the banking industry of Bangladesh. By providing MetLife’s insurance for our employees and their families, we are demonstrating our commitment to the people who passionately contribute to the success of our organization,” commented Sheikh Mohammad Maroof, Managing Director of Dhaka Bank.

“We would like to congratulate Dhaka Bank for prioritizing employee wellbeing. MetLife remains committed in supporting organizations to create a secure and resilient future,” said Ala Ahmad, Chief Executive Officer of MetLife Bangladesh.

Dhaka Bank Limited is one of the leading banks in Bangladesh since 1995 that offers a full range of banking services and investment opportunities to millions of customers.

In Bangladesh, MetLife provides insurance protection to over 1 million individual customers and 900 organizations. In the last six years, MetLife Bangladesh has settled claims of more than 10,500 crore taka.

From Dhaka Bank, Md. Mostaque Ahmed, Deputy Managing Director, Sheikh Abdul Bakir, Deputy Managing Director and A. M. M. Moyen Uddin, Deputy Managing Director were also present at the agreement signing from Dhaka Bank along with other senior officials. From MetLife, Jafar Sadeque Chowdhury, Additional Managing Director & Chief Distribution Officer, Ala Uddin, Deputy Managing Director and Chief Financial Officer, Mohammad Kamruzzaman, Director & Head of Employee Benefits, Monirul Islam, Assistant Director, Employee Benefits and S.M. Shahriaz Arafat, Manager, Employee Benefits were present at the agreement signing from MetLife Bangladesh.

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About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe, and the Middle East. For more information, visit www.metlife.com

MetLife Bangladesh is the leading international life insurer in the country, serving over a million customers in Bangladesh. To learn more, please visit: www.metlife.com.bd

Contact:
Saifur Rahman
Director & Head of Communications
MetLife Bangladesh
Cell: +8801313089065, Email: md-saifur.rahman@metlife.com.bd