Management Profile

Md. Zahedul Islam (Zahid)

Chief Executive Officer

Md. Zahedul Islam (Zahid) is the Chief Executive Officer (CEO) of Provati Insurance Company Ltd. He hails from a respected Muslim family in 1963 under Nilphamari District.
Mr. Zahid completed Bachelor of Commerce (Honours) in 1984 and Master of Commerce in 1985, Department of Accounting and information systems from Rajshahi University.
Mr. Zahid joined provati Insurance Company Limited as a Deputy General Manager & CFO in July 2004. He started his career in 1989 in Eastern Insurance Company Limited and later on he served City General Insurance Company Limited. Mr. Zahid almost 33 years of service in the Insurance Sector. He attended various training courses such as- 5th Annual Internal Auditors forums from Marcus Evans, New Delhi, India and Successfully Completed Certification ISO 9001:2000 Awareness & Internal Audit Course Moody International.
Mr. Zahid was elected as the President of Lions Club of “Dhaka Aristocrat Gold” 315 A/1 in 2018&2019. He is serving as Member of Executive Committee of Rajshahi University Accounting Alumni Association (RUAAA). He also life Member of Bangladesh Accounting Alumni (BAA).

Shakawat Hossain Mamun

Additional Managing Director

Mr Shakawat Hossain Mamun is the Additional Managing Director of Provati Insurance Company Limited. He hails from a respected Muslim Family of Laksham under the Cumilla District.
Mr Mamun received his Bachelor of Business Administration (BBA) from Independent University Bangladesh (IUB). Subsequently, he received a Post-Graduate degree in International Business from Wollongong University in Australia and MBA from Deemed University in India. He later completed LLB and LLM degrees.
Mr Mamun joined Provati Insurance as Executive Director in the year 2002 at Head of Control Department. Management of Provati Insurance promoted to him various posts for his brilliant success and at present, he holds the post of Additional Managing Director (Head of Internal Audit & Compliances).
He has recently been elected as the Director and Secretary-General of Dutch-Bangla Chamber of Commerce and Industries, Entrepreneurial Director of Latin America-Bangladesh Chamber of Commerce and Industry, member of the Dhaka Chamber of Commerce and Industries, Baridhara Cosmopolitan Club Ltd, Cumilla Chamber of Commerce and Industries, Bangladesh Association of Software and Services, e-commerce association and is involved with various committees of those organizations.
Shakawat Hossain Mamun was elected as the President of Junior Chamber International Bangladesh (JCI) in 2016. During his tenure, Junior Chamber International Bangladesh rise to a unique height. He is serving as an Advisor to Shuvashangha of Kaler Kantha since 2016. He is also an Honorary Advisor to International Karate Organization Bangladesh Chapter. He has also been elected as the President of Cumilla Graduate Association for the term of 2019-2021. At the same time, he has also served as the President of the Rotary Club of Dhaka Midtown. Mr Mamun is also associated with various social clubs as part of social activities; he is a permanent member of Cumilla Club and Maynamati Golf & Country Club (Cumilla Cantonment). He is also active as a member of various social clubs including the Executive Club Dhaka, Capital Recreation Club Dhaka and City Club, Cumilla.
Mr Mamun has been honoured with various national and international awards at various national and international meetings, seminars and symposiums. He believes in development, strategic planning, competitive analysis, leadership and self-initiated business.

Md. Rashed Ali Khan

Additional Managing Director

Mr. Md. Rashed Ali Khan hails from an adorable muslim family from “Vhurvuria” under the district of Tangail. He acquired graduation in commerce background from Tangail College. Later, he joined PICL in January 2005 & start out his career as “Assistant Manager”. Since the day one of his working, he has been faithfully engaged in many important responsibilities of the Company & at present, he is holding the post of “Additional Managing Director & Head of Business Development Department”. In addition, he is also holding the charge of Co’s Dilkusha Corporate Branch, Dhaka. An excellent professional background, Mr. Khan is recognized as the highest premium earner in the entire industry. 

Having come from a modest background himself, Rashed has set up numerous charitable organizations and extensively acknowledged his philanthropic works. Mr. Khan also travelled to various countries such as Singapore, Malaysia, Dubai, India, Saudi Arabia, Jordan & Turkey.

Md. Kabir Hossain, ABIA

Additional Managing Director

Mr. Md. Kabir Hossain, ABIA is designated as Additional Managing Director and Head of Underwriting & Branch Control Department of Provati Insurance Company Limited. He hails from a respectable Muslim family of Matlab Upazila under Chandpur district. He has completed Bachelor of Science with Honors, B.Sc. (Hon’s) and Master of Science in Statistics, M.Sc. (Statistics) from the University of Rajshahi. He has awarded “Basic Certificate of Insurance” from Bangladesh Insurance Academy(BIA) and he has passed “Associate ship Examination” of BIA and obtained “ABIA” diploma. He is an associate Member of BIA. Besides, he also participated various training courses and seminar on Underwriting and Re-insurance such as Foundation Course on General Insurance (Stood 2nd Position amongst the participants), Advance Management Course, English Language Proficiency in Business Communication, Non-Proportional Reinsurance-An overview organized by Bangladesh Insurance Academy. Seminar on “Health Insurance and its Benefits - organized by Heritage Brokers Pvt.Ltd., Technical Aspect of Reinsurance and Accounting organized by J.B.Boda Reinsurance Brokers Pvt.Ltd. Prior to joining Provati Insurance Company Limited he worked as Deputy Managing Director and Head of Underwriting & Branch Control Department at Central Insurance Company Limited near about 2 years, Senior Executive Vice President and Head of Underwriting Department at Crystal Insurance Company Limited near about 7 years and Executive Vice President and Head of Branch Control, Management Information System (MIS) and Recovery Cell at Continental Insurance Limited near about 12 years.

Previously he also served as a Lecturer in Statistics at Matlab Degree College (Now Matlab Government College), Matlab, Chandpur near about 9 years.

Md. Saiful Islam (Azad)

Additional Managing Director

Md.Saiful Islam, BBA, Assumption University, Bangkok, Thailand joined Provati Insurance Company Limited on 01/02/2012. At present, he holds the post of Deputy Managing Director of the Company. He hails from a very respectable Muslim family. Before joining the Company, he worked with Hamidia Oil Mills and Dhaka Match Industries.
During his services, he attended various training courses arranged by ADB, Bangladesh Bank and Bangladesh Insurance Academy. He is associated with various social activities.

Lt.Col.(R)Md. Faridul Alam,PPM,psc

Assistant Managing Director

Lt Col Md Faridul Alam, PPM, psc, AC (Retd) was born on 14 November 1967 at Puraton Kosba, Jashore. After completion of long 27 years of an eventful military career, he opted for voluntary retirement. He completed his school/college life at Jhenidah Cadet College, graduated from Chittagong University and Masters from National University. He stood 9th in the combined merit list in his SSC examination held in 1984 and joined Bangladesh Military Academy in 1989 with the 20th BMA long course. During his service in Bangladesh Army, he has held a good number of important appointments and participated in two United Nations missions at Kuwait and Ivory Coast. He is a graduate of Mirpur Defense Services Command and Staff College. He attended foreign courses in India, UK and USA. Col Farid commanded an Armour Regiment and served as CO/Director at RAB for a long time. He was awarded Presidents Police Medal for his gallantry act during his service in RAB.
Till today he has visited the USA, UK, Kuwait, KSA, Bahrain, India, Pakistan, Ivory Coast, Liberia, Thailand, Malaysia, Indonesia, Vietnam and Sri Lanka.  
He also completed his MBA from AIUB. Presently he is serving as Assistant Managing Director (Public Relations) in Provati Insurance Company Limited.


Executive Vice President

Mahbub-ul-Alam, S/o Bhasha Soynik Late Reza-A-Karim Chowdhury was born in 1968 in a very respectable Muslim family in Bhola District. He obtained his graduation from Dhaka University in 1989 and also completed L.L.B(Horns) from the Eastern University in 2012. He started his career with Karnafuly Insurance Co.Ltd.In 1991 in Underwriting Department. Thereinafter, he joined Provati Insurance the same department in 1996. Presently, he holds the Head of the Department of Legal Affairs as an Executive Vice President. Also, he participated in various Basic Courses and Workshops of General Insurance in his service life.

Md.Rafiqul Islam

Executive Vice President & CFO

Rafiqul Islam is currently the Senior Vice President of the company and the chief finance officer. He has completed a Master of Commerce in Accounting at Dhaka University. He comes from a respectable Muslim family in 1964 under Netrokona District. He joined Provati Insurance Company as Accounts Officer on 5th January 1997. Before joining this company he worked for an International NGO & Export-oriented company as an Accounts Officer. During his services, he attended various training courses such as :
- Academic Course on AML/CFT in Bangladesh Bank Training Academy.
- VAT online project seminar organized by NBR.
- He completed ISO certification & an Internal Audit Course.
- International Seminar organized by BIPD (How to raise the standard of Bangladesh Insurance Market).

Mohammed Serajul Islam

Executive Vice President & Company Secretary

Mohammed Serajul Islam, Senior Vice President & Company Secretary of Provati Insurance Company Limited. He was born in a Muslim family of Kachua under the Chandpur District. He completed his Master’s Degree from Jagannath University College, in 1998. Mr Islam completed his Chartered Accountancy Course from M. Ruhul Amin & Co. Chartered Accountants under Institute of Chartered Accountants of Bangladesh (ICAB) & Completed a Bachelor of Law (L.L.B) under National University. He is a Member of the Dhaka Taxes Bar Association (DTBA). He Joined Provati on 15 May 2004. He attended various training courses, seminars & workshops. Mr Islam is an active member of Lions Club International, District 315A2 and was the President of Dhaka Metropolitan City and at present cabinet member of the District. He is associated with many socio-culture activities. He travelled to many countries such as Malaysia, Thailand, India, SriLanka and Nepal.

Mohammed Karim Ullah

Executive Vice President

Mohammed Karim Ullah hails from an eminent Muslim family under the Feni district. He obtained his Master's Degree in Management from Jagannath University. Later, he started his career as a Probationary Officer at Karnaphuli Insurance Company Limited. On 4th April 1996, he joined Provati Insurance Company Limited as Assistant Manager (Under Writing). He is currently the Senior Vice President of the company and the Head of the IT department.