Farzanah Chowdhury

Farzanah Chowdhury

She is the MD & CEO of Green Delta Insurance Company Ltd, the largest non-life insurance company in Bangladesh, she has led their pioneering initiatives notably microhealth insurance. She is recognized by UN Global Compact as a Local SDG Pioneer for Women’s Economic Security for her initiatives committed to financial and health inclusion of women, especially through Nibedita which is a comprehensive insurance scheme for women. She is Co-Chairman of the FBCCI Standing Committee on Capital Market and Bond of FBCCI for the term 2021-2023. She’s board member of Bangladesh German Chamber of Commerce & Industry. Earlier at her work in Bangladesh Rural Advancement Committee (BRAC), Farzanah was exposed to the opportunity of closely analyzing the micro finance sector and, as a result, was successful in establishing a link between micro finance and insurance. As she directly worked with the field level operations of micro finance and insurance simultaneously, the experience and knowhow helped her to develop a model for micro insurance recently. After acquiring professional experience, she pursued her MBA under the Aus Aid scholarship and joined the SME banking division of BRAC Bank and continued her association with Green Delta Insurance. Her utmost sincerity backed by her profound knowledge and experience enabled her to play the role of pioneering driving force behind structuring and development of SME banking division of BRAC Bank. Since she already worked with micro finance and insurance, she was also presented with the extraordinary opportunity to design, develop and implement a successful business model for SME insurance. Till now, the path-breaking Green Delta Insurance–BRAC Bank model of SME insurance is being followed by other commercial banks in the country. She is now one of the most prominent personalities in the Bangladesh Insurance sector for her pioneering contributions in Retail & SME insurance, Micro Insurance, Weather Index Based Agri insurance and materializing the concept of Insurance for Everyone. Under her charismatic leadership, Green Delta Insurance has launched digital insurance ecosystem for the first time in Bangladesh and is working relentlessly to bring insurance at everyone’s doorstop. She has been the driving force behind launching many insurance products in the market which is contributing greatly towards the development of the overall sector. It was under her stewardship that Green Delta joined hands with the Ministry of Health and Family Welfare, Government of Bangladesh in the Shastho Shuroksha Karmasuchi (SSK) project, awarded in 2020 for “Excellence in Sustainability” by the World Economic Forum. She has received many awards, including from Asia Insurance Review as Best Women CEO in 2019, as also from EO Global, Women Economic Forum, Anannya, Bangladesh Brand Forum and SAARC Women Association for her progressive works in this arena. She is also the Executive Committee Member of Bangladesh Insurance Association; Vice President of Bangladesh Insurance Forum; EO Bangladesh President 2018-19, Women Ambassador of EO, as also WEDO Entrepreneurs’ Organization; Member of Advisory Board in AIESEC, Board of Trustee in Global Youth Fund, JCI; Member, Advisory Board in CSR Centre; Advisory Board Member New Champions Community , World Economic Forum ; Advisory board member Valor of Bangladesh to promote ESG (Environment, Social & Governance). Her guiding philosophy has always been driven by the intent of adding value not just in business but in every sphere that touches her life. A dear Soul Sister committed to contribute in the field of healthcare and wellness to improve women leadership across the globe.