Dhaka, April 30 -- Two separate bills were passed in Parliament on Tuesday, amending provisions to remove the maximum age limit for the posts of chairman and commissioner of the Bangladesh Securities and Exchange Commission (BSEC) and chairman and member of the Insurance Development and Regulatory Authority (IDRA).

With the passage of the bills, the government will be able to appoint chairmen of any age to the two regulatory bodies, UNB reports.

Finance Minister Amir Khosru Mahmud Chowdhury separately moved the Bangladesh Securities and Exchange Commission (Amendment) Bill 2026 and the Insurance Development and Regulatory Authority (Amendment) Bill 2026 in Parliament. The bills were later passed by voice vote.

According to existing law...