They also urged abolition of the current quota and nomination systems in favour of direct elections for all leadership positions.
The parishad emphasised that these reforms should precede any elections, along with a demand that FBCCI directors should not serve more than two consecutive terms.
These demands were raised at a meeting held by the parishad at Fazilatunnesa Convention Hall on Mintoo Road on Saturday.
The programme was attended by prominent business leaders, including convener of the group Mir Nizam Uddin, joint convener Nizam Uddin Rajesh, former BGMEA president Fazlul Haque and former FBCCI directors Hafiz Haji Mohammad Enayetullah, Haji Mohammad Abul Hossain, among others.
Speaking at the event, Rajesh stressed that the FBCCI should not serve as the centerpiece of any celebration but rather the lifeblood of all business organisations.
"We demand reforms first, followed by elections and an end to the practice of nomination," he said.
Mr Rajesh advocated for involving the SME sector more actively in FBCCI activities.
"We want a strong and accountable FBCCI, one that listens to the concerns of everyday business people, not just big players."
Business leaders echoed the sentiment for change, arguing that after serving two consecutive terms, no director should be allowed to run again for at least a year.
They argued that this would foster the emergence of new leadership and bring more democratic practices to the FBCCI.
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