Noted Insurance personality of Bangladesh Mr. M. Shamsul Alam, M.Com. ACII (London) has recently joined the rating committee of Credit Rating Agency of Bangladesh Ltd (CRAB). He is presently the Chairman of Sadharan Bima Corporation. Mr. Alam had been Managing Director of Reliance Insurance Limited.
The Rating Committee is an independent committee of CRAB comprised with distinguished professionals and ex-officio from Bangladesh Bank, Office of Comptroller & Auditor General, Securities & Exchange Commission, Commercial Banks, Insurance Companies etc. The Rating Committee is independent of the sponsors/directors and management and has the authority to award, review and withdraw ratings given by CRAB.