Mostaqur Rahman takes charge as new BB Governor

Bangla Press Desk:  The government on Wednesday appointed Md Mostaqur Rahman as the new Governor of Bangladesh Bank, cancelling the remaining tenure of Dr Ahsan H Mansur with immediate effect.

The appointment was confirmed through a gazette notification issued on Wednesday by the Financial Institutions Division of the Ministry of Finance. 

The notification, signed by Deputy Secretary Mohammad Abraoul Hasan Majumder, stated that Mostaqur Rahman has been appointed for a term of four years from the date of his joining, subject to relinquishing all professional ties with other institutions and organizations.

According to the notification, during his tenure as governor, he will receive salary, allowances and other benefits from Bangladesh Bank in accordance with the terms of the contract signed with the government.

Other conditions of his appointment will be determined by the contract agreement.

The order appointing Mostaqur Rahman took immediate effect.

Mostaqur Rahman, a fellow member of the Institute of Cost and Management Accountants (FCMA), holds a B.Com (Hons) and Masters Degree from the Department of Accounting, University of Dhaka, reports UNB.

Mostaqur Rahman is a member of Bangladesh Garments Manufacturers and Exporters Association (BGMEA), Real Estate and Housing Associations of Bangladesh (REHAB), Association of Travel Agents of Bangladesh (ATAB) and Dhaka Chamber and Commerce and Industries (DCCI).

Mostaqur Rahman is an entrepreneur and businessman, and a senior financial governance specialist with over 30 years of leadership experience in corporate finance, export economics, institutional governance, and financial systems management, according to Bangladesh Bank.

In a separate notification, the Financial Institutions Division said the remaining tenure of Dr Ahsan H Mansur as Governor of Bangladesh Bank has been cancelled.

Dr Mansur had earlier been appointed as Governor through a notification issued on 13 August 2024.

The cancellation order has also been issued in the public interest and came into force immediately, the notification said. Source: daily Sun

BP/TD