FBCCI Board Reduced to 48 Members Under New Rules: Trade Organizations Act 2022 Reforms

Dhaka, August 11, 2026 — The commerce ministry has reduced the FBCCI board to 48 members under new rules issued under Section 30 of the Trade Organizations Act, 2022 — introducing significant governance reforms as the apex trade body prepares for elections under a government-appointed administrator.

📊 New Board Structure (48 Members)

• 👑 President: 1
• 👑 Senior Vice-President: 1
• 👑 Vice-Presidents: 4
• 👥 Elected Directors (from chambers and associations): 30
• 👥 Nominated Directors: 10 (down from previous high of 80)
• 👩 Women's Chamber representative: 1
• 👩 Women's Association representative: 1

The executive committee's term has been fixed at 24 months, with an extension to 36 months allowed only in exceptional cases.

🏛️ Administrator: Md Fazlul Hoque

On July 26, the ministry appointed Md Fazlul Hoque, managing director of Plummy Fashions Ltd and former president of BKMEA, as FBCCI administrator. He has been tasked with completing the election process and handing over responsibilities to the newly elected board within 120 days. After the fall of the Awami League government in August 2024, the commerce ministry dissolved the elected FBCCI board on September 11, 2024.

💬 Industry Response

Former FBCCI president Mir Nasir Hossain welcomed the reforms, saying the revised structure was better because it significantly reduced the number of nominated directors. "At one point, the number of nominated directors had risen to 80. It was ridiculous," he said. "The number has now been reduced to a more reasonable level."