Iqbal Ahmed has been re-elected as the chairman of NRB Bank PLC.

The election took place during the bank's board of directors' meeting at its head office in the capital on Sunday, according to a press release.

A seasoned businessman, Ahmed was the founding chairman of NRB Bank, and the chairman and chief executive of the Seamark Group of Companies and IBCO Food Industries Limited.

He began seeking ways to expand the family business, which led to the creation of Iqbal Brothers & Company (now IBCO Limited) in 1976.

Ahmed was a pioneer in the import and export of frozen seafood in refrigerated containers and was the first to introduce Black Tiger shrimps to the UK and the EU.

One of Ahmed's most significant achievements is the establishment of NRB Bank, where he united 46 non-resident Bangladeshi (NRB) entrepreneurial investors from around the world to invest in Bangladesh.

He is also the chairman of the UK Bangladesh Catalyst of Commerce & Industry, an organisation that promotes business and entrepreneurship among young people in both the UK and Bangladesh.

In addition to his business ventures, Ahmed has been actively involved in charitable causes.

He has supported and raised funds for several notable initiatives, including the Manchester Children's Hospital Appeal, the Royal Manchester Eye Hospital Appeal, and the Ahsania Mission Cancer and General Hospital Appeal, to name but a few.