Business

PepsiCo to receive employee insurance from MetLife Bangladesh

Staff Reporter: PepsiCo Bangladesh Private Limited has signed an agreement with MetLife Bangladesh to provide insurance coverage for its employees and their dependents in Bangladesh.
Under this partnership, employees and their dependents will receive financial protection against accidents, disabilities, and loss of life, along with in patient, out patient, and maternity insurance coverage.
The agreement was signed by Pranav Mehta, Managing Director of PepsiCo Bangladesh Private Limited, and Mohammad Kamruzzaman, Assistant Managing Director & Chief Corporate Business Officer, on behalf of their respective organizations.
PepsiCo selected MetLife as its insurance provider due to MetLife’s consistent track record in claims settlement, customized solutions, advanced digital dashboard, cashless hospitalization and ambulance services, and strong financial position, which enables faster and hassle free claims payments. MetLife settled BDT 2,853 crore in claims in 2025 and BDT 1,384 crore in the first six months of 2026, both the highest in the life insurance industry.
PepsiCo Bangladesh Private Limited is the Bangladesh affiliate of PepsiCo, one of the world’s leading food and beverage companies, with a diverse portfolio of iconic brands enjoyed by consumers around the world. In Bangladesh, the company is associated with globally recognized brands including Pepsi, 7UP, Mountain Dew, Mirinda, Lay’s, Kurkure, Aquafina and Quaker Oats.
PepsiCo Bangladesh is committed to delivering sustainable growth through innovation, quality, and responsible business practices while creating value for customers, partners, and communities. Guided by PepsiCo’s global vision, the company continues to support Bangladesh’s evolving consumer market and long-term economic development.
MetLife is the leading life insurance company in Bangladesh, providing insurance protection to around 1 million individual customers and more than 300,000 employees and their dependents across over 900 organizations.

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