Green Delta adviser honoured with lifetime achievement award in India

Green Delta Insurance Company (GDIC) Adviser and Founding Managing Director Nasir Ahmad Choudhury has been honoured with “lifetime achievement award” by an international forum in India for outstanding contribution in insurance inclusion in Bangladesh.

Indian Birla Institute of Management Technology (BIMTECH) announced the recognition of the Bangladesh veteran in the insurance sector at the fourth edition of BIMTECH Insurance Colloquium, held virtually on Friday.

Insurance Regulatory and Development Authority of India (IRDAI) member TL Alamelu was the keynote speaker in the session while BIMTECH director made the address of welcome on the occasion.

BIMTECH Prof Abhijit K Chattoraj conducted the first thematic session on “challenges from coronavirus pandemic to health insurance industry and way out.”

Green Delta Insurance Managing Director Farzanah Chowdhury, Max Bupa Health Insurance Director Bhabatosh Mishra, IRDAI General Manager DVS Ramesh, World Bank Senior Consultant Malti Jaswal, Star Health & Allied Insurance Managing Director S Prakash spoke at the session.

DBH Chairman Nasir Ahmad Choudhury, a widely respected business veteran, pioneered the insurance industry of Bangladesh.

After completing post-graduation from Dhaka University, Nasir Ahmad joined the Pakistan Insurance Corporation in Karachi in September 1958. Later, he went to London for training and further travelled to Germany to train at the Munich Reinsurance Company. 

At Pakistan Insurance Corporation, he held various senior positions till the liberation of Bangladesh. 

In 1972, fuelled by the patriotic urge to engage in nation building, he took up the challenging responsibility of re-building the reinsurance department of the Sadharan Bima Corporation as a general manager. 

In 1985, when insurance was opened up to the private sector, Nasir Ahmad established Green Delta Insurance with a couple of close friends, as sponsor and founder managing director and chief executive officer. 

The seasoned businessman was director at FBCCI, president of the Insurance Association, executive member of the Metropolitan Chamber of Commerce and Industry, president of the Bangladesh German Commerce and Industry.