Provati Insurance Company Limited

DSE:PROVATIINS Stock Report

Market Cap: ৳1.5b

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 percentage100.0%
CEO tenure3.1yrs
CEO ownershipn/a
Management average tenure3yrs
Board average tenure13yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Zahid Islam's remuneration changed compared to Provati Insurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

৳78m

Jun 30 2024n/an/a

৳83m

Mar 31 2024n/an/a

৳82m

Dec 31 2023৳5m৳5m

৳89m

Sep 30 2023n/an/a

৳118m

Jun 30 2023n/an/a

৳77m

Mar 31 2023n/an/a

৳83m

Dec 31 2022৳4mn/a

৳102m

Sep 30 2022n/an/a

৳101m

Jun 30 2022n/an/a

৳153m

Mar 31 2022n/an/a

৳160m

Dec 31 2021৳2mn/a

৳149m

Sep 30 2021n/an/a

৳145m

Jun 30 2021n/an/a

৳123m

Mar 31 2021n/an/a

৳109m

Dec 31 2020৳2mn/a

৳92m

Compensation vs Market: Zahid's total compensation ($USD37.78K) is above average for companies of similar size in the BD market ($USD26.69K).

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

CEO

Zahid Islam (61 yo)

3.1yrs

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

NamePositionTenureCompensationOwnership
Zahedul Islam
Chief Executive Officer3.1yrs৳4.56mno data
Md. Islam
Executive VP & CFO3yrs৳1.21mno data
Md. Shakawat Mamun
Additional Managing Director - HIACno data৳2.95mno data
Mahbub-Ul Alam
Executive Vice President of Legalno data৳1.55mno data
Md. Islam
Additional Managing Director of Audit & Monitoring Cell and Head Office Corp. Br.7.7yrs৳1.91mno data
Md. Hossain
Additional Managing Director of Underwriting & Branch Control Dept.2yrs৳1.17mno data
Mohammed Islam
Executive VP & Company Secretaryno data৳1.28mno data
Md. Hossain
VP of Administration Department & Head of Adminno datano datano data
Faridul Alam
Assistant Managing Director of Public Relations Dept.no datano datano data
Md. Talukder
Additional Managing Director of Dewanhat branchno datano datano data
Mohammad Nurul Duke
Additional Managing Director of Motijheel Br.3.1yrsno datano data
Md. Ullah
Executive Vice President of Information Technology Dept.3yrsno datano data

3.0yrs

Average Tenure

57yo

Average Age

Experienced Management: PROVATIINS's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Shahjahan Kabir
Director22.5yrs৳64.00kno data
Shahadat Hussain
Director7.5yrs৳40.00kno data
Mohammad Ali
Director23.8yrs৳48.00kno data
Maroof Ali
Vice Chairman22.3yrs৳48.00kno data
Abdur Ansary
Director18.5yrs৳40.00kno data
Sabrina Mouri
Directorno data৳40.00kno data
Mohameed Rahman
Chairman of the Boardless than a year৳56.00kno data
Habib-E-Alam Chowdhury
Independent Director7.2yrs৳56.00kno data
Md. Rahman
Independent Directorno data৳56.00kno data
Pradip Das
Directorno data৳64.00kno data
Md. Rahman
Public Directorno data৳40.00kno data
Md. Ali
Director7.5yrs৳32.00kno data

13.0yrs

Average Tenure

67.5yo

Average Age

Experienced Board: PROVATIINS's board of directors are seasoned and experienced ( 13 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 02:29
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

Provati 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