FAREAST ISLAMI LIFE INSURANCE COMPANY LIMITED
JOB CIRCULAR
Fareast Islami Life Insurance Company Limited, a public listed company engaged in Life Insurance business on the basis of Islamic Shariah in the private sector is looking for Chief Executive Officer (CEO) & Chief Financial Officer (CFO). The prerequisite qualifications and requirements are given below:
1. Position: Chief Executive Officer (CEO)
- Proven track record as Chief Executive Officer (CEO) within a distinguished life insurance company is highly preferred, demonstrating expertise in managing and leading within the industry.
- Bachelor's and Master's degrees in any discipline with a minimum of 2nd class or equivalent CGPA from a recognized university.
- Proven ability to navigate complex regulatory environments and ensure compliance with industry standards and legal requirements.
- Proficiency in succession planning strategies and implementation ensuring a robust pipeline of talent within the organization.
- Other qualifications as mentioned in the SRO No. 375-Law/2012 dated 04th November 2012 & SRO No. 338-Law/2023 dated 12th December 2023.
| Job Location | Dhaka |
|---|---|
| Salary | Negotiable |
| Age | Not less than 45 years and not more than 60 years |
| Experience | 15 years of experience in life insurance company (should have at least 02 years to the immediate lower post of CEO) |
2. Position: Chief Financial Officer (CFO)
| Job Location | Dhaka |
|---|---|
| Salary | Negotiable |
| Age | Not less than 45 years and not more than 60 years |
| Qualifications | M.Com/MBA in Accounting/Finance, Fellow-ICAB or Associate Member, Fellow- ICA of England Wales or Associate member, Certified as a CPA (USA/Canada), Fellow- ACCA, UK or Associate Member, Fellow- ICMAB or Associate Member, Certified as a CFA- USA. A professional qualification certificate in the field of accounting obtained from a country other than Bangladesh, which is recognized by ICAB or ICMAB, highly desirable. |
| Experience | Minimum 10 (ten) years working experience in Life Insurance of which 5 (five) years in Senior Level as CFO/CFO Incharge/ Deputy CFO. The applicants should have experience in Life Insurance Field only. Candidates should have fair knowledge of Companies Act 1994, Securities Laws (viz. Securities & Exchange Ordinance 1969, Securities & Exchange Rules 1987, Securities & Exchange Commission Act 1993 & others), Depository Act 1999, Insurance Act 2010, Insurance Rules 1958, Income Tax & VAT Act & Rules etc. Sound knowledge and experience on IAS and IFRS, Accounting software, Corporate financial reporting and preparation of Financial statements. The Candidate must be computer literate with excellent communication skill both in English and Bangla. |
How to Apply & Key Details:
• Age and experience may be relaxed in case of extra ordinary and deserving candidates.
• Interested candidates are requested to send application with full CV and recent passport size photograph addressing to the Chairman, Fareast Islami Life Insurance Company Limited, Fareast Tower, 35 Topkhana Road, 17th Floor, Dhaka-1000 within 23 November 2026 or email to cs@fareastislamilife.com.
• Mention the name of the post at the top of the envelope.
• IN SPECIAL CONDITIONS THE ABOVE REQUIREMENTS ARE RELAXED.
• Age and experience may be relaxed in case of extra ordinary and deserving candidates.
• Interested candidates are requested to send application with full CV and recent passport size photograph addressing to the Chairman, Fareast Islami Life Insurance Company Limited, Fareast Tower, 35 Topkhana Road, 17th Floor, Dhaka-1000 within 23 November 2026 or email to cs@fareastislamilife.com.
• Mention the name of the post at the top of the envelope.
• IN SPECIAL CONDITIONS THE ABOVE REQUIREMENTS ARE RELAXED.
The Chairman
Fareast Islami Life Insurance Company Limited
Fareast Tower, 35 Topkhana Road, 17th Floor, Dhaka-1000
Email: cs@fareastislamilife.com
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