LOAB is a body representing companies which deal in liquefied petroleum gas (LPG) in the country.
East Coast Group Chairman Azam J Chowdhury has long been in the business of petroleum gas. He is also the managing director of Mobil Jamuna Lubricant.
Assuming the office, Azam J Chowdhury said the association will continue its efforts to reach LPG cylinders to end users at affordable prices.
The association bade farewell to outgoing LOAB President Salman F Rahman, who is a renowned industrialist and founder of Beximco Group.
Salman F Rahman has recently been elected as Member of Parliament (MP) and made the private sector advisor to Prime Minister Sheikh Hasina.