Abul Hashem and Md. Nasiruzzaman have been reappointed as chairmen of BASIC Bank and Bangladesh Krishi Bank after completing their initial three-year terms. Meanwhile, the government appointed Md. Mokhles Ur Rahman as the new chairman of Jiban Bima Corporation, replacing former chairman Md. Asadul Islam.
The Financial Institutions Division had expected multiple-term chairpersons to voluntarily resign, but the heads of these three institutions did not, leading to operational stagnation. To resolve this, they were replaced with new appointees. In a shift from past practices, a current secretary was appointed as chairman of Jiban Bima Corporation, instead of a former secretary.