Dhaka, June 16 -- Mir Nadia Nivin, an international development and institutional reform specialist, has been appointed as the new chairman of the Insurance Development and Regulatory Authority (IDRA).

With this appointment, she makes history as the first female chairperson of the country's insurance sector regulatory body since its inception.

The Financial Institutions Division of the Ministry of Finance issued an official gazette notification on Tuesday making the appointment for a three-year tenure.

An alumnus of Harvard University, Nivin possesses an extensive professional background in global governance. She previously served as a member of the Election Reform Commission during the interim government led by Nobel Laureate Professo...