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, according to a press release.

City Bank will offer insurance policy to its customer, issued by Pioneer Insurance Company Limited under Bancassurance Guideline by Bangladesh Bank and Idra.Mashrur Arefin, MD& CEO of City Bank, and Syed Shahriyar Ahsan, CEO of Pioneer Insurance Company Limited, signed the agreement on behalf of their respective organizations.

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; NurullahChaudhury, DMD & head of corporate banking; Arup Haider, head of retail banking; Nishat Anwar, head of human resources and Subir Kumar Kundu, chief Bancassurance officer from City Bank, and SM Mizanur Rahman, deputy managing director & company secretary; SM JasimUddin, deputy managing director; Ruhie Das Karmaker, assistant managing director; M. Nazib Iqbal, executive vice president of Pioneer Insurance Company Limited, and other senior officials of both organizations were present at the signing ceremony.