Bangladesh bank: Bangladesh Bank has cancelled the contractual appointment of its Chief Economist Prof Akhand Mohammad Akhtar Hossain. The decision was conveyed through an office order issued by the Human Resources Department-1, signed by Director (HRD-1) Md Shahid Reza. Although the order was issued on Tuesday, it came to public attention on Wednesday.
According to United News of Bangladesh, the cancellation affects Akhtar Hossain's remaining contractual tenure. His appointment as the chief economist was originally made under Office Order No. HRD-1: 28/2025 dated July 1, 2025. The cancellation is effective from September 10, 2026.
Additionally, share trading of three non-banking financial institutions has been suspended after they were declared non-viable by Bangladesh Bank.