Provati Insurance Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Zahid Islam
Chief executive officer
৳4.6m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.9yrs |
| CEO ownership | n/a |
| Management average tenure | 2.9yrs |
| Board average tenure | 12.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ৳78m |
| Jun 30 2024 | n/a | n/a | ৳83m |
| Mar 31 2024 | n/a | n/a | ৳82m |
| Dec 31 2023 | ৳5m | ৳5m | ৳89m |
| Sep 30 2023 | n/a | n/a | ৳118m |
| Jun 30 2023 | n/a | n/a | ৳77m |
| Mar 31 2023 | n/a | n/a | ৳83m |
| Dec 31 2022 | ৳4m | n/a | ৳102m |
| Sep 30 2022 | n/a | n/a | ৳101m |
| Jun 30 2022 | n/a | n/a | ৳153m |
| Mar 31 2022 | n/a | n/a | ৳160m |
| Dec 31 2021 | ৳2m | n/a | ৳149m |
| Sep 30 2021 | n/a | n/a | ৳145m |
| Jun 30 2021 | n/a | n/a | ৳123m |
| Mar 31 2021 | n/a | n/a | ৳109m |
| Dec 31 2020 | ৳2m | n/a | ৳92m |
Compensation vs Market: Zahid's total compensation ($USD38.09K) is above average for companies of similar size in the BD market ($USD20.52K).
Compensation vs Earnings: Zahid's compensation has been consistent with company performance over the past year.
CEO
Zahid Islam (61 yo)
2.9yrs
Tenure
৳4,560,000
Compensation
Md. Zahedul Islam, also known as Zahid, is Chief Executive Officer of Provati Insurance Company Limited since December 2021. He was Additional Managing Director and Chief Financial Officer of Provati Insur...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.9yrs | ৳4.56m | no data | |
| Executive VP & CFO | 2.8yrs | ৳1.21m | no data | |
| Additional Managing Director - HIAC | no data | ৳2.95m | no data | |
| Executive Vice President of Legal | no data | ৳1.55m | no data | |
| Additional Managing Director of Audit & Monitoring Cell and Head Office Corp. Br. | 7.5yrs | ৳1.91m | no data | |
| Additional Managing Director of Underwriting & Branch Control Dept. | 1.8yrs | ৳1.17m | no data | |
| Executive VP & Company Secretary | no data | ৳1.28m | no data | |
| Assistant VP of Administration Dept. & Head of Admin | no data | no data | no data | |
| Assistant Managing Director of Public Relations Dept. | no data | no data | no data | |
| Additional Managing Director of Dewanhat branch | no data | no data | no data | |
| Additional Managing Director of Motijheel Br. | 2.9yrs | no data | no data | |
| Executive Vice President of Information Technology Dept. | 2.8yrs | no data | no data |
2.9yrs
Average Tenure
57yo
Average Age
Experienced Management: PROVATIINS's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 22.3yrs | ৳64.00k | no data | |
| Director | 7.3yrs | ৳40.00k | no data | |
| Director | 23.7yrs | ৳48.00k | no data | |
| Vice Chairman | 22.2yrs | ৳48.00k | no data | |
| Director | 18.3yrs | ৳40.00k | no data | |
| Director | no data | ৳40.00k | no data | |
| Chairman of the Board | less than a year | ৳56.00k | no data | |
| Independent Director | 7yrs | ৳56.00k | no data | |
| Independent Director | no data | ৳56.00k | no data | |
| Director | no data | ৳64.00k | no data | |
| Public Director | no data | ৳40.00k | no data | |
| Director | 7.3yrs | ৳32.00k | no data |
12.8yrs
Average Tenure
67.5yo
Average Age
Experienced Board: PROVATIINS's board of directors are seasoned and experienced ( 12.8 years average tenure).