Vacant posts, fines, and tighter controls on interim leadership
The regulatory alters take place against a backdrop of multiple long-standing vacancies. Rupali Life Insurance has been without a CEO since January 2023, while Homeland Life, Jamuna Life, Swadesh Islami Life, and NRB Islami Life have also been operating without permanent CEOs since 2023. During 2024 and early 2025, Aastha Life, Bayra Life, Sonali Life, Golden Life, Continental Insurance, Akij Takaful Life, Mercantile Islami Insurance, Agrani Insurance, and Diamond Life joined the group of firms without full-time CEOs. Popular Life Insurance is being led by an acting CEO amid ongoing court proceedings.
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