Standard Chartered Bangladesh and MetLife Bangladesh have jointly recognized outstanding bancassurance performers at the “Bancassurance Champions Night,” celebrating the achievements of top-performing executives of the Bank, a press release said.
Standard Chartered Bangladesh has been MetLife’s bancassurance partner since 2024. The program was organized to recognize the outstanding success of Standard Chartered’s top-performing executives who played a pivotal role in promoting customer-centric insurance solutions.
Congratulating the Bancassurance Champions, Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bank, said: “Bancassurance enables us to deliver more complete solutions that go beyond financial prosperity to also support our customers’ peace of mind and overall health and well-being. By bringing protection, savings, and health-focused coverage together in one trusted place, our partnership with MetLife offers a truly distinctive proposition in the market. My heartfelt thanks to MetLife Bangladesh for organizing this event, for their steadfast partnership, and for recognising the integrity and dedication of our colleagues.”
Commenting on the partnership, Ala Ahmad, Chief Executive Officer of MetLife Bangladesh, said: “Together, MetLife and Standard Chartered Bangladesh bring nearly 200 years of collective experience, combining deep global expertise with a strong local presence to serve customers’ diverse financial needs. Bancassurance is a powerful channel for expanding access to protection by making insurance simpler and more convenient for customers through trusted banking partners. By helping customers understand their protection needs and seamlessly integrate insurance into their financial planning, bancassurance empowers families to safeguard their futures with greater confidence and peace of mind.”
Bancassurance continues to play an increasingly important role in Bangladesh’s financial ecosystem by making insurance more accessible through trusted banking relationships. With insurance penetration in Bangladesh remaining below one percent of GDP, partnerships between banks and insurers are widely recognized as an effective way to increase awareness, convenience, and trust in insurance products.
Standard Chartered Bank has been operating in Bangladesh for over 120 years. As the country’s only multinational universal bank, it serves clients across corporate and investment banking, as well as wealth and retail banking, and continues to support Bangladesh’s economic growth and financial development through responsible banking practices. The Bank is a pioneer in introducing many firsts to the market, including the first international bank to launch Bancassurance in Bangladesh.
As the number one life insurer in Bangladesh, MetLife Bangladesh continues to lead the industry in key business benchmarks, including claims settlement, premium collection, life fund management, and investments. The company has been recognized by the Insurance Development and Regulatory Authority (IDRA) for its overall performance, service quality, and governance, reflecting its long standing commitment to protecting Bangladeshi families and businesses.
Senior leadership from both organizations attended the event. From MetLife Bangladesh, attendees included Ala Ahmad, Chief Executive Officer; Jafar Sadeque Chowdhury, AMD & Chief Distribution Officer; and Savrina Arifin, Director & Head of Bancassurance. From Standard Chartered Bangladesh Naser Ezaz Bijoy, Chief Executive Officer; Lutful Habib, Head of Wholesale & Retail Banking; Faisal Ul Haque Head, Priority and Wealth Management joined the event.
At the event, both organizations reaffirmed their commitment to strengthening the bancassurance partnership and achieving greater success in 2026.
