Nitol Insurance Company Limited

DSE:NITOLINS Stock Report

Market Cap: ৳985.1m

Nitol Insurance Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

S. M. Karim

Chief executive officer

৳5.2m

Total compensation

CEO salary percentage92.3%
CEO tenure12.9yrs
CEO ownershipn/a
Management average tenure5.5yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has S. M. Karim's remuneration changed compared to Nitol Insurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

৳48m

Jun 30 2024n/an/a

৳51m

Mar 31 2024n/an/a

৳57m

Dec 31 2023৳5m৳5m

৳59m

Sep 30 2023n/an/a

৳78m

Jun 30 2023n/an/a

৳79m

Mar 31 2023n/an/a

৳79m

Dec 31 2022৳5m৳5m

৳86m

Compensation vs Market: S. M.'s total compensation ($USD43.45K) is above average for companies of similar size in the BD market ($USD21.99K).

Compensation vs Earnings: S. M.'s compensation has been consistent with company performance over the past year.

CEO

S. M. Karim

12.9yrs

Tenure

৳5,200,000

Compensation

Mr. S. M. Mahbubul Karim has been the Chief Executive Officer and Managing Director of Nitol Insurance Co. Ltd since January 1, 2012. Mr. Karim served as Additional Managing Director of Nitol Insurance Co....

Leadership Team

NamePositionTenureCompensationOwnership
S. M. Karim
MD, CEO & Director12.9yrs৳5.20mno data
Tapas Podder
Additional MD & Head of Operation Divisionno data৳2.50mno data
Mesbah ul Chowdhury
Additional MD and Head of HRno data৳2.60mno data
Md. Islam
Additional MD of Business Develop Departmentno data৳2.58mno data
Altaf Hossain
Assistant MD & Head of Mohakhali Branch3.4yrs৳2.18mno data
Mohammad Islam
Deputy MD and Head of Re-Insurance & Specialized Underwriting4.9yrs৳2.62mno data
Mohammad Hossain
Assistant MD & CFOno datano datano data
Md. Hossen
Assistant MD and Head of Internal Audit & Compliance6yrs৳2.41mno data
Md. Wahab
Executive VP & Head of Underwriting Departmentno datano datano data
Md. Nozmul Chowdhury
VP & Head of Sylhet Branchno datano datano data
Md. Ullah
Deputy MD & Head of Chattogram Branch8.3yrsno datano data
Mahbub Alam
Assistant MD & Head of Claims Department4.9yrsno datano data

5.5yrs

Average Tenure

Experienced Management: NITOLINS's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
S. M. Karim
MD, CEO & Directorno data৳5.20mno data
Zobair Khandaker
Vice Chairman4.9yrsno data7%
BDT 69.0m
A. K. M. Hoque
Chairman12.8yrsno data8%
BDT 78.8m
Mahmudul Shamim
Directorno datano data6%
BDT 59.1m
Shoharab Khan
Independent Director1.2yrsno datano data
Mohammad Rashid
Independent Director1.2yrsno datano data
Naeema Hoque
Directorno datano data2%
BDT 19.7m
Md. Murad Ripon
Directorno datano datano data
Nazme Husain
Director3.8yrsno data8%
BDT 78.8m

3.8yrs

Average Tenure

Experienced Board: NITOLINS's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 18:01
End of Day Share Price 2024/12/26 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

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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

Nitol Insurance Company Limited 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