City Bank has signed an agreement with Pioneer Insurance Company Limited to commence the sale of non-life insurance policies under Bancassurance.

The signing ceremony was held on Tuesday at City Bank Head Office. City Bank will offer insurance policy to its customer, issued byPioneer Insurance Company Limited under Bancassurance Guideline by Bangladesh Bank & IDRA.

Mashrur Arefin, MD & CEO of City Bank and Syed Shahriyar Ahsan, Chief Executive Officer of Pioneer Insurance Company Limited signed the agreement on behalf of their respectiveorganizations.

Sheikh Mohammad Maroof, AMD & Chief Business Officer; Mohammad Mahbubur Rahman, AMD & Chief Financial Officer; Kazi Azizur Rahman, DMD & Chief Information Officer; Ashanur Rahman, Chief Economist & Country Business Manager; Nurullah Chaudhury, DMD & Head of Corporate Banking; and other high officials of both organizations were present at the signing ceremony