Sir Fazle Hasan Abed has been elected Chairman of BRAC Bank Limited on March 7, 2013. Sir Fazle Hasan Abed founded the BRAC Bank in 2001 to develop inclusive banking services for the small and medium entrepreneurs' including those in rural Bangladesh. He was the Chairman of BRAC Bank from July 2001 to April 2008.

Former Deputy Governor of Bangladesh Bank Mr. Muhammad A. (Rumee) Ali chaired the Board at BRAC Bank from May 2008 to February 2013. Mr. Muhammad A. (Rumee) Ali will continue to serve as a member of the Board of Directors.