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MA Samad

Today is the 20th anniversary of death of MA Samad, founder of Bangladesh General Insurance Company PLC.

After his retirement as managing director of Jiban Bima Corporation, he established BGIC, the first non-life insurance company in private sector after the independence of the country.


He, moreover, was the founder director of Bangladesh Insurance Academy and former chairman of Bangladesh Insurance Association.

MA Samad wrote a book on life insurance and another on general insurance in Bangla.

He also wrote two text books in English on life insurance.

He also contributed a lot for general insurance. He was an enlisted international expert in the technical assistance programme on trade and development in the United Nations.

H visited most of the insurance training institutions in the United Kingdom and the US under UNDP fellowship programme.

MA Samad was born at Kulaura in Moulvibazar on January 1, 1923.聽