BRAC Bank has partnered with Sena Insurance PLC, a subsidiary of Sena Kalyan Sangstha, to deliver a comprehensive suite of advanced cash management solutions aimed at optimising financial operations of the insurance company. The bank has also signed a memorandum of understanding (MoU) with Sena Insurance regarding Bancassurance business, making Sena Insurance a potential partner in bancassurance business. The collaboration will further strengthen the partnership between Sena Insurance and BRAC Bank, bringing more depth into this relationship. Brig Gen Md Shafique Shamim, psc (Retd), II(Cert), ABIA, Managing Director & CEO of Sena Insurance, and Tareq Refat Ullah Khan, Acting Managing Director and CEO of BRAC Bank, signed the agreement at the bank’s head office on December 30, 2024. Key officials from BRAC Bank present included AKM Faisal Halim, Head of Transaction Banking; A.K.M. Tareq, Senior Zonal Head, North Zone, Distribution Network; Mahabubur Rahman, Head of SME Liability & Chief Bancassurance Officer; and S.M. Alomgir Hossain, Head of Small Business (Central), SME Banking.
