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Bangladesh Appoints Md Mostaqur Rahman as Central Bank Governor After Staff Protests

The Finance Ministry named him to a four-year term under Article 10(5) of the Bangladesh Bank Order.

Overview

  • An official notification confirmed his appointment to lead Bangladesh Bank, with the term starting from the date he joins.
  • He replaces Ahsan H Mansur, who departed the central bank around 2:00 pm local time after protests by officials and employees, according to local reports.
  • The BNP government that assumed office on February 17 has been rescinding contractual appointments from the Yunus-led interim regime, and a senior minister said more changes are expected.
  • Rahman is an FCMA with bachelor’s and master’s degrees in accounting from Dhaka University and has chaired BGMEA’s standing committee on Bangladesh Bank affairs.
  • He previously led the Policy Research Institute, served on the BNP’s election steering committee, and is CEO of a private textile unit, with no immediate policy changes announced.