Change in Leadership at Shadharon Bima Corporation

Mohammad Zainul Bari has resigned from his position as Chairman of the state-owned Shadharon Bima Corporation (SBC), citing personal reasons. His resignation was formally submitted to the Department of Financial Institutions on Monday, 2 March, according to sources within the corporation.

Mr Bari had assumed the role of Chairman on 12 September 2024, with his tenure originally scheduled to continue until 11 September 2027. His early departure, nearly three years into his term, signals a notable shift in both the corporation’s leadership and the broader financial sector. Analysts suggest that the appointment of a new chairman and subsequent strategic decisions will be closely monitored for their impact on SBC’s long-term policy and operational direction.

Career in Public Service

Mohammad Zainul Bari began his career in the civil service on 26 January 1991, joining the 9th batch of officers. Starting as an Assistant Commissioner, he progressively held a series of significant administrative positions. His career trajectory reflects extensive experience across district, divisional, and national levels of governance. A summary of his key positions is outlined below:

Position & ResponsibilitiesLocation / MinistryTenure / Remarks
Assistant Commissioner (Land)Various UpazilasInitial stage of career
First-Class MagistrateDistrict levelLand administration and judicial responsibilities
RDC & Upazila Executive OfficerLocal administrationEnhanced administrative expertise
Additional Deputy CommissionerNarsingdi DistrictOversaw local governance
District CommissionerCox’s Bazar & ChattogramHighest-ranking district administrator
Divisional CommissionerDhaka & Rangpur DivisionSupervised divisional administration
Director GeneralAnti-Corruption CommissionLeadership of national anti-corruption body
SecretaryMinistry of Social WelfareAssumed office on 1 January 2020
RetirementMinistry of PlanningEffective from 15 October 2025

Education and Personal Background

Born on 16 October 1962 in Bagerkhola village, Lalabazar Union, Dakshin Surma Upazila, Sylhet District, Mr Bari is the eldest son of the late teacher Rafiqul Bari and Anowara Begum.

He received his early education at Jafrabadh High School, completing his Secondary School Certificate (SSC), and continued at MC College for his Higher Secondary Certificate (HSC). He earned both undergraduate and postgraduate degrees in English from the University of Dhaka, followed by an advanced degree in Public Policy and Management from Northern University.

Implications for SBC

Mr Bari’s resignation is expected to influence SBC’s administrative structure and strategic priorities. Experts emphasise that the selection of his successor will be critical, particularly in guiding the corporation’s long-term development, operational efficiency, and regulatory compliance.

Overall, Mohammad Zainul Bari’s extensive public service career and tenure across multiple senior roles have cemented his standing as a prominent figure in Bangladesh’s administrative history. His departure marks the end of an era for the Shadharon Bima Corporation and opens a new chapter in its governance.

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