Mercantile Islami Insurance PLC

DSE:MERCINS Stock Report

Market Cap: ৳1.1b

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 tenure7.8yrs
CEO ownershipn/a
Management average tenure4yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO

Firoz Ahmed (62 yo)

7.8yrs

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 & Director7.8yrsno 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 26.3m
Md. Uddin
Deputy Managing Director4yrsno datano data
Md. Islam
Assistant MD & Incharge (U/W & BCD)4yrsno 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

4.0yrs

Average Tenure

61.5yo

Average Age

Experienced Management: MERCINS's management team is considered experienced (4 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 26.3m
Abdur Rahman
Deputy MDno datano data2%
BDT 21.9m
Mohammed Solaiman
Directorno datano data2%
BDT 21.9m
Mohammad Islam
Directorno datano data2%
BDT 21.9m
Abdul Haque
Directorno datano data2%
BDT 21.9m
Mohammad Ullah
Chairman13.5yrsno data2%
BDT 21.9m
Abdul Mazumder
Directorno datano data2%
BDT 21.9m
Shafique Ahmed
Directorno datano data2%
BDT 21.9m
Aziz Mohammad Ershad Chowdhury
Vice Chairman3yrsno data2%
BDT 21.9m
Nur Amin
Independent Directorno datano datano data
Md. Salam Karim
Independent Director4yrsno datano data

4.0yrs

Average Tenure

66yo

Average Age

Experienced Board: MERCINS's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 20:38
End of Day Share Price 2025/01/09 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mercantile Islami Insurance PLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution