Progressive Life Insurance Co. Ltd. Is the brainchild of Mr. Nasir Ali Shah. As a Sponsor Director of the company he was the instrumental in getting a team together to launch this company.
In recognition of this he was made the founder chairman of the company. He was elected Chairman of the Board of Directors six times since the company was formed. Under his able stewardship the company got substantial interest in a merchant bank and a membership of Chittagong Stock Exchange Ltd.
He is the Chairman and Managing Director of Galaxy Capital Limited (a corporate member of CSE). He is Director of International Medicare Ltd. (MedicalCollege, Hospital & Graduate Nursing Unit), Alpha Capital Management Ltd. and Alpha Credit Rating Ltd.
Mr. Shah is a member of the Chartered Institute of Management Accountants in the UK. He has been practicing as an accountant in the UK for over 30(thirty) years and is the senior partner in Mohammad Shah & Co. a firm of Chartered Accountants. He has sizeable Real Estate business both residential and commercial in UK.
He is a reputed social worker/organizer both in Bangladesh and UK. He is life member of Moulvibazar Association and Jalalabad Association in Dhaka and member of Sylhet Station Club.
Progressive Life Insurance Co. Ltd started the business from 6 January 2000 . Progressive Life has taken the initiative to spread the light of Life insurance amoung the public from the beginning. The paid up capital of the company is BDT. 12.86 Crore and authorized capital is set at BDT. 75 Crore.
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National Scout Bhaban (5th,6th,7th & 8th Floor) 60, Anjuman Mufidul Islam Road , Kakrail, Dhaka 1000