Anjan Chowdhury has recently been elected chairman of the Micro Industries Development Assistance and Services (MIDAS).
The board of directors of MIDAS elected Chowdhury during a board meeting on December 20, says a statement.
Ali Imam Majumder has also been included as a director from the MIDAS general body.
Chowdhury, a freedom fighter, is one of the key stakeholders of Square Group, a leading business conglomerate in Bangladesh.
He is the managing director of Square Toiletries Ltd, chairman of Maasranga Productions Ltd and a director of Square Pharmaceuticals Ltd, Square Textiles Ltd and Square Hospitals Ltd.
He was recognised by the government as a CIP in different years since 2005 and as one of the nation's top taxpayers since 2008.
Chowdhury was a former president of Bangladesh Agro Processors Association, vice president of the Association of TV Company Owners and president of the Airline Operators Association of Bangladesh.
He was awarded National Sports Award 2009 for his outstanding contribution to sports activities and National Film Award 2010 as best producer in 2011 for the movie Monpura.
Chowdhury studied management at the University of South Florida.