Mustafa Monwar will get the 'Sultan Gold Medal' for his paintings and contribution as an artist.
He will receive the award on the concluding day of a fair marking the birth anniversary of SM Sultan on Tuesday.
Deputy Commissioner Anjuman Ara said Monwar, acknowledged as the father of Bangladeshi puppet industry, was selected for his work.
The 10-day fair started on March 3 at Sultan Mela Chattar on Narail Government Victoria College premises.
Ferdousi Priyobhashini won the award last year.