Shahnaz Rahman, a director of Transcom Group, has recently been elected chairman of Reliance Insurance.
The election took place at a meeting of the insurer's board of directors following its 31st annual general meeting (AGM) at Lakeshore Hotel in Dhaka on Sunday.
Shamsur Rahman, the outgoing chairman, presided over the meeting.
The insurer also elected Habibullah Khan as vice chairman, the company said in a statement yesterday.
Moreover, Srimati Shaha and Atiqur Rahman have been elected new directors from among the company's public shareholders in the AGM.
The board of directors will now also comprise Shamsur Rahman, M Shamsul Alam, Zakia Rouf Chowdhury, Rajiv Prasad Shaha, Arshad Waliur Rahman, Imran Faiz Rahman, Iftekharul Huq, Amanullah Chowdhury, Amiran Hossain, Shahzreh Huq, Ahmed Shafi Choudhury and CEO Md Khaled Mamun.
A sponsor director of Reliance Insurance, Shahnaz Rahman is also a director of Transcom Beverages, Bangladesh Lamps, Transcom Foods, Transcom Electronics, Eskayef Bangladesh, Transcom Distribution Company, Transcom Consumer Products, Trinco, Mediastar and Mediaworld.
Khan is the managing director of the Meenhar Group of Companies. He is also a former president of both Chittagong Stock Exchange and Bangladesh Frozen Food Exporters Association.