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Aastha Life, BASB Expand Insurance Services for Retired Military Personnel

Aastha Life, BASB Expand Insurance Services for Retired Military Personnel

Desk Report: Aastha Life Insurance Company Limited and the Bangladesh Armed Services Board (BASB) have signed an agreement to expand insurance services and increase employment opportunities for retired military personnel in Bangladesh.

The agreement signing ceremony was held on Sunday (March 29) at the headquarters of Aastha Life, where Lt. Colonel (Retd.) Md. Khairul Bashar signed on behalf of Aastha Life, and Major Moshiul Alam Mashuk signed on behalf of BASB. Senior officials from both organizations were present at the event.

BASB Director General Brigadier General Mashrur Hossain Bhuiya stated that he is pleased that opportunities have been created for retired military personnel to work as Financial Associates, Unit Managers, and Branch Managers in Aastha Life, even in the country’s remote regions. Additionally, by adopting affordable insurance plans, they will be able to reduce financial risks for themselves and their families.

Aastha Life CEO Brigadier General Shah Saghirul Islam said that mutual cooperation with BASB will continue, and through this agreement, new opportunities will be created for raising insurance awareness, providing training, and expanding services at 20 DASB offices and 61 dispensaries across Bangladesh.

The joint efforts of both parties in this initiative will play a significant role in enhancing financial security and expanding insurance services for the country’s retired military personnel.

Subject : Corporate

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Aastha Life, BASB Expand Insurance Services for Retired Military Personnel

Publish Date : 31 March 2026

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Desk Report: Aastha Life Insurance Company Limited and the Bangladesh Armed Services Board (BASB) have signed an agreement to expand insurance services and increase employment opportunities for retired military personnel in Bangladesh.The agreement signing ceremony was held on Sunday (March 29) at the headquarters of Aastha Life, where Lt. Colonel (Retd.) Md. Khairul Bashar signed on behalf of Aastha Life, and Major Moshiul Alam Mashuk signed on behalf of BASB. Senior officials from both organizations were present at the event.BASB Director General Brigadier General Mashrur Hossain Bhuiya stated that he is pleased that opportunities have been created for retired military personnel to work as Financial Associates, Unit Managers, and Branch Managers in Aastha Life, even in the country’s remote regions. Additionally, by adopting affordable insurance plans, they will be able to reduce financial risks for themselves and their families.Aastha Life CEO Brigadier General Shah Saghirul Islam said that mutual cooperation with BASB will continue, and through this agreement, new opportunities will be created for raising insurance awareness, providing training, and expanding services at 20 DASB offices and 61 dispensaries across Bangladesh.The joint efforts of both parties in this initiative will play a significant role in enhancing financial security and expanding insurance services for the country’s retired military personnel.

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