At the 505th meeting of the Board of Directors on August 22, 2024, Sponsor Directors Mr. Abdul Awal Mintoo and Mr. Moazzam Hossain were unanimously elected as Chairman and Vice Chairman of National Bank, respectively. This follows the dissolution of the previous Board of Directors by Bangladesh Bank on August 20, 2024, and the formation of a new board under the 'Bank-Company Act, 1991 (Amended up to 2023).'

Mr. Abdul Awal Mintoo is a prominent industrialist and business leader in Bangladesh. He is the Former President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI). Additionally, he serves as the Chairman of several companies, including Lal Teer Seed Limited, North South Seed Limited, and Pragati Life Insurance Limited. Mr. Mintoo also acts as the advisor to several organizations, such as Heidelberg Cement Bangladesh Limited, Bangladesh Petrochemical Company Limited, Multimode Textile Mills Limited, and Multisourcing Limited. Born in Alyarpur village of Feni district, Abdul Awal Mintoo obtained a diploma in Nautical Science from Mercantile Marine Academy, Chittagong. He earned both B.Sc. and M.Sc. degrees from the State University of New York Maritime College in 1973. Later, he completed an M.Sc in Agricultural Economics from the University of London and a Master’s in International Business Law from Queen Mary University of London. Mr. Mintoo has also made significant contributions to education, actively participating in various social and educational initiatives, including the establishment of Iqbal Memorial College in his hometown. He is the author of several books, including "Bangladesh: Anatomy of Change," published by Athena Press, London.

On the other hand, Mr. Moazzam Hossain is another leading and successful entrepreneur in Bangladesh. He is one of the Sponsor Directors and Former Chairman of National Bank Limited. After completing his graduation under the University of Dhaka, he left for higher studies at Nagoya University, Japan in the year 1968. He returned to Bangladesh in 1974 after completing post-graduation from Nagoya University. During his stay in Japan, he embarked in different business ventures in 1971. By the tender age of 24 years, Hossain successfully established himself as one of the youngest entrepreneurs in Bangladesh. He pioneered in introducing reconditioned cars from Japan and pay as you earn concept in Bangladesh. Mr. Hossain, the founder of Hosaf Group of Companies was one of the first entrepreneurs in Bangladesh to have expanded his business both at home and abroad. With his strong sense of business acumen and foresight, he has established himself as one of the leading and successful businessman in the country. He has played a pioneering role in the establishment of the first joint venture company for deep sea fishing and barter trade with the East European Countries. Currently, Mr. Hossain is the Chairman of Hosaf Group of Companies. He was also the Former Chairman of Pragati Insurance Company Limited, President of Bangladesh Energy Companies Association, Vice President of BGMEA and Chairman of Presidency University.