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.
Md Ehsan Khasru, the Managing Director and the CEO of Padma Bank, said the bank management is satisfied at the insurance services provided by the Protective Life Insurance company, a private insurer. “We hope active cooperation between the two companies will continue to ensure most effective insurance coverage for all Padma Bank employees and their family members,” he said.
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.
