diff --git a/CHANGELOG-1.x.md b/CHANGELOG-1.x.md
index 138e9229b..b778c80bd 100644
--- a/CHANGELOG-1.x.md
+++ b/CHANGELOG-1.x.md
@@ -1,3 +1,10 @@
+# V1.7.2
+* Fixed the GID allocator work with the cross account feature. ([#1199](https://github.com/kubernetes-sigs/aws-efs-csi-driver/pull/1199), [@RomanBednar](https://github.com/RomanBednar))
+* Added Startup Taint Removal Feature to alleviate potential race conditions. ([#1197](https://github.com/kubernetes-sigs/aws-efs-csi-driver/pull/1197), [@mskanth972](https://github.com/mskanth972))
+* Updated the apiversion in StaticProvisioning storageclass.yaml example file. ([#1193](https://github.com/kubernetes-sigs/aws-efs-csi-driver/pull/1193), [@Rajit11](https://github.com/Rajit11))
+* README Update: Update Static Provisioning README.md on mounttargetip option. ([#1192](https://github.com/kubernetes-sigs/aws-efs-csi-driver/pull/1192), [@seanzatzdev-amazon](https://github.com/seanzatzdev-amazon))
+* Updated the GID allocator to allocate GIDs in increasing order. ([#1182](https://github.com/kubernetes-sigs/aws-efs-csi-driver/pull/1182), [@RomanBednar](https://github.com/RomanBednar))
+* Updated the sidecar tags to the latest. ([#1161](https://github.com/kubernetes-sigs/aws-efs-csi-driver/pull/1161), [@mskanth972](https://github.com/mskanth972))
 # V1.7.1
 * Fixed Posixuser nil pointer dereference issue. ([#1180](https://github.com/kubernetes-sigs/aws-efs-csi-driver/pull/1180), [@mskanth972](https://github.com/mskanth972))
 * Fixed CVE-2023-45142: bump k8s and opentelemetry. ([#1176](https://github.com/kubernetes-sigs/aws-efs-csi-driver/pull/1176), [@jsafrane](https://github.com/jsafrane))
diff --git a/Makefile b/Makefile
index 8a5c16f82..3b36dc74e 100644
--- a/Makefile
+++ b/Makefile
@@ -13,7 +13,7 @@
 # limitations under the License.
 #
 
-VERSION=v1.7.1
+VERSION=v1.7.2
 
 PKG=github.com/kubernetes-sigs/aws-efs-csi-driver
 GIT_COMMIT?=$(shell git rev-parse HEAD)
diff --git a/docs/README.md b/docs/README.md
index 307ef48ff..d2351cc68 100644
--- a/docs/README.md
+++ b/docs/README.md
@@ -86,6 +86,7 @@ The following sections are Kubernetes specific. If you are a Kubernetes user, us
 | Amazon EFS CSI Driver Version | Image                            |
 |-------------------------------|----------------------------------|
 | master branch                 | amazon/aws-efs-csi-driver:master |
+| v1.7.2                        | amazon/aws-efs-csi-driver:v1.7.2 |
 | v1.7.1                        | amazon/aws-efs-csi-driver:v1.7.1 |
 | v1.7.0                        | amazon/aws-efs-csi-driver:v1.7.0 |
 | v1.6.0                        | amazon/aws-efs-csi-driver:v1.6.0 |
@@ -130,7 +131,7 @@ The following sections are Kubernetes specific. If you are a Kubernetes user, us
 ### ECR Image
 | Driver Version | [ECR](https://gallery.ecr.aws/efs-csi-driver/amazon/aws-efs-csi-driver) Image |
 |----------------|-------------------------------------------------------------------------------|
-| v1.7.1         | public.ecr.aws/efs-csi-driver/amazon/aws-efs-csi-driver:v1.7.1                |
+| v1.7.2         | public.ecr.aws/efs-csi-driver/amazon/aws-efs-csi-driver:v1.7.2                |
 
 **Note**  
 You can find previous efs-csi-driver versions' images from [here](https://gallery.ecr.aws/efs-csi-driver/amazon/aws-efs-csi-driver)
@@ -342,7 +343,7 @@ If you want to update to a specific version, first customize the driver yaml fil
 kubectl kustomize "github.com/kubernetes-sigs/aws-efs-csi-driver/deploy/kubernetes/overlays/stable/?ref=release-1.7" > driver.yaml
 ```
 
-Then, update all lines referencing `image: amazon/aws-efs-csi-driver` to the desired version (e.g., to `image: amazon/aws-efs-csi-driver:v1.7.1`) in the yaml file, and deploy driver yaml again:
+Then, update all lines referencing `image: amazon/aws-efs-csi-driver` to the desired version (e.g., to `image: amazon/aws-efs-csi-driver:v1.7.2`) in the yaml file, and deploy driver yaml again:
 ```sh
 kubectl apply -f driver.yaml
 ```