Janata Insurance PLC (JIC) is a first generation Non-Life Insurance Company in the private Insurance sector. The company was incorporated and commenced its business as a public limited company under Companies Act 1913 subsequently repealed by Companies Act 1994 on 23rd September, 1986 with a view to run all types of Insurance business except Life-Insurance as per Insurance Act, 1938 (subsequently repealed by the Insurance Act 2010) in Bangladesh. JIC commenced its business operations from November 6, 1986 after obtaining registration Certificate from the office of the then Chief Controller of Insurance. JIC ventured its operation with a paid-up capital of Taka 30.00 million and authorized capital of Taka 100.00 million Sponsored by a group of leading entrepreneurs/industrialist of our Country having involvement in various socio-economical sectors, with the passage of time, the Authorised and the Paid-up capital of the Company have been enhanced to Taka 1000 million and 466.18 million respectively by December 31, 2024.

The Company offered 50% shares of Paid-up Capital through Initial Public Offer (IPO) among the General Public in 1994 and increased its paid-up capital by issuing rights shares in the year 2011. The Company’s ownership is prudently distributed among its Sponsor & Directors-39.05%, Government -0%, Institute-7.55%, Foreign-0% and General Public – 53.40% as on December 31, 2023.The Company offered 50% shares of Paid-up Capital through Initial Public Offer (IPO) among the General Public in 1994 and increased its paid-up capital by issuing right shares in the year 2011. The Company’s ownership is prudently distributed among its Sponsor & Directors- 39.87%, Government- 0%, Institute- 8.44%, Foreign- 0% and General Public- 51.69% as on December 31, 2024.

The Board of Directors comprises a good number of eminent entrepreneurs and personalities of the country. Members of the management team are highly qualified professionals. The Board is chaired by Mr. Zafrul Islam Chowdhury and steered by Mr. Mohammad Abu Bakkar Siddique as the Chief Executive Officer (CEO) of the Company.