Bank Asia, Guardian Life sign group life insurance deal

Guardian Life Insurance and Bank Asia, a role model of agent banking in the country, recently signed a group insurance agreement.

Sheikh Rakibul Karim, chief executive officer (current charge) of Guardian Life Insurance Ltd, and Md Arfan Ali, president and managing director of Bank Asia Ltd, signed the agreement at Bank Asia's head office in Dhaka, a press release said.

Under this agreement, all the employees of Bank Asia will enjoy health insurance along with life coverage.  Mahmud Afsar Ibne Hossain, head of group insurance department at the insurer, Iftakher Ahmed, head of group service, Md Sazzad Hossain, deputy managing director and chief operating officer of the bank, and Esamul Arephin, head of human resources division, were present.