Mercantile Islami Insurance PLC

DSE:MERCINS Stock Report

Market Cap: ৳1.4b

Mercantile Islami Insurance Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Firoz Ahmed

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.1yrs
CEO ownershipn/a
Management average tenure3.3yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

CEO

Firoz Ahmed (61 yo)

7.1yrs

Tenure

Mr. Firoz Ahmed has been Managing Director of Mercantile Insurance Company Ltd. since April 7, 2017 and has been its Chief Executive Officer since January 2021. Mr. Ahmed serves as Director at Mercantile I...

Leadership Team

NamePositionTenureCompensationOwnership
Firoz Ahmed
CEO, MD & Director7.1yrsno datano data
Md. Salam
Assistant MD & CFOno datano datano data
Sarwar Alam
VP & Deputy VP of Accounts Departmentno datano datano data
Nazma Akter
Deputy Manager of Investor Relation Departmentno datano datano data
Md. Rahman
Director and Senior Vice President of Bogurano datano data2.4%
BDT 33.3m
Md. Uddin
Deputy Managing Director3.3yrsno datano data
Md. Islam
Assistant MD & Incharge (U/W & BCD)3.3yrsno datano data
Md. Hossain
Deputy Managing Directorno datano datano data
Bazlur Rahman
Deputy Managing Directorno datano datano data
Md. Abu Hasan
Additional Managing Directorno datano datano data
Md. Akhter
Executive Vice Presidentno datano datano data
Md. Rahman
Senior Executive Vice Presidentno datano datano data

3.3yrs

Average Tenure

60.5yo

Average Age

Experienced Management: MERCINS's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Firoz Ahmed
CEO, MD & Directorno datano datano data
Md. Rahman
Director and Senior Vice President of Bogurano datano data2.4%
BDT 33.3m
Abdur Rahman
Deputy MDno datano data2%
BDT 27.8m
Mohammed Solaiman
Directorno datano data2%
BDT 27.8m
Mohammad Islam
Directorno datano data2%
BDT 27.8m
Abdul Haque
Directorno datano data2%
BDT 27.8m
Mohammad Ullah
Chairman12.8yrsno data2%
BDT 27.8m
Abdul Mazumder
Directorno datano data2%
BDT 27.8m
Shafique Ahmed
Directorno datano data2%
BDT 27.8m
Aziz Mohammad Ershad Chowdhury
Vice Chairman2.3yrsno data2%
BDT 27.8m
Nur Amin
Independent Directorno datano datano data
Md. Salam Karim
Independent Director3.3yrsno datano data

3.3yrs

Average Tenure

64.5yo

Average Age

Experienced Board: MERCINS's board of directors are considered experienced (3.3 years average tenure).

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