Sunday, 5th April 2026
Khabor Wala Desk
Published: 17th January 2026, 6:56 AM
The Insurance Development and Regulatory Authority (IDRA) has officially announced an invitation for applications from qualified individuals and firms to be listed as Chartered Secretaries. Interested candidates are required to submit their completed applications, accompanied by all supporting documents, to the Authority’s office no later than 5:00 pm on 25 January. The application process commenced on 5 January and will remain open until the specified deadline.
According to the notification issued by IDRA, listed Chartered Secretaries or firms will be entrusted with critical responsibilities related to secretarial compliance, corporate governance, independent scrutiny, and other tasks as assigned by the Authority. Appointees will play a pivotal role in ensuring transparency, accountability, and adherence to professional standards across the insurance sector. The scope of duties and authority for each appointment will be clearly defined during the selection process.
The Authority has outlined the following qualifications and experience for applicants:
| Criteria | Details |
|---|---|
| Educational Qualification | Minimum ‘Associate Chartered Secretary’ membership conferred by ICSB |
| Professional Experience | At least 2 years of experience in a financial institution; total professional experience of 5 years |
| Preference | Candidates with prior experience in the insurance sector will be given preference |
Certain conditions may render an applicant ineligible to apply:
| Condition | Details |
|---|---|
| Legal | Applicants convicted or found guilty by any court are disqualified |
| Regulatory Blacklist | Candidates previously blacklisted or suspended by any regulatory authority are ineligible |
Applicants must submit the following documentation:
| Document | Details |
|---|---|
| Membership Certificate | Copy of ICSB membership certificate |
| Regulatory Listing Proof | Certification or evidence from relevant authorities such as Bangladesh Bank, National Board of Revenue, or Bangladesh Securities and Exchange Commission |
| Work Experience Proof | Documentation covering the last 5 years of professional experience |
| Disciplinary Clearance | Affidavit from ICSB or other regulators confirming no disciplinary actions |
| Tax Identification | Proof of TIN and BIN registration |
IDRA emphasises that timely submission of complete applications is essential. Successful appointees will have the responsibility of upholding high standards of governance and transparency within the insurance sector. By fulfilling these duties, Chartered Secretaries will contribute to enhancing professional norms and ethical practices, thereby supporting the sustainable development of Bangladesh’s insurance industry.
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