IBFB elected Lutfunnisa Saudia Khan as the President, Syed Mustafizur Rahman and Engr. Utpal Kumar Das as Vice President and Vice President (Finance) respectively. Lutfunnisa Saudia Khan, is the Chairman of Bangla Phone Limited, Commlink Info Tech Limited and Newton Engineering Limited, Syed Mustafizur Rahman, Managing Director of Novo Cargo Services