Two senior officials heading key financial and insurance regulatory bodies in Bangladesh resigned on the same day. Mohammad Muslim Chowdhury, chairman of state-owned Sonali Bank, and Dr. M Aslam Alam, chairman of the Insurance Development and Regulatory Authority (IDRA), submitted their resignations to Financial Institutions Division Secretary Nazma Mobarek. Additionally, Mohammad Zainul Bari, chairman of the General Insurance Corporation, also stepped down. Officials confirmed that the resignations were submitted separately and cited personal reasons.

Mohammad Muslim Chowdhury had previously served as Comptroller and Auditor General and as finance secretary before joining Sonali Bank, where he resigned only a few months into his tenure. Mohammad Zainul Bari, a former secretary, had been appointed chairman of the General Insurance Corporation in September 2024 for a three-year term by the interim government, after earlier serving as IDRA chairman. Dr. M Aslam Alam, a former senior secretary, was appointed IDRA chairman in September 2024 following the July uprising.

The simultaneous resignations leave key financial and insurance regulatory positions vacant, raising questions about upcoming leadership appointments.