Sheikh Rakibul Karim made MD of Guardian Life Insurance

Star Business Desk

Sheikh Rakibul Karim has been appointed as the managing director and the chief executive officer, respectively, of Guardian Life Insurance Limited.

Prior to the appointment, Karim was serving the life insurer as additional managing director and acting chief executive officer, according to a press release.

He joined Guardian Life in 2019 as chief financial officer and subsequently assumed broader senior leadership responsibilities, including that of acting chief executive officer.

During his tenure, the insurer strengthened regulatory compliance and governance frameworks, advanced digital transformation initiatives, and expanded its customer base to 1.28 crore policyholders.

Guardian has also consolidated its presence in bancassurance, digital distribution and microinsurance segments.

Before joining Guardian Life, Karim served KPMG Bangladesh as director of audit and advisory services. He also held senior leadership roles at Grameenphone and Banglalink.

A chartered accountant, Karim is a fellow member of the Institute of Chartered Accountants of Bangladesh.