Dhaka: The government has appointed Md Mostaqur Rahman as the new Governor of Bangladesh Bank for a four-year term, effectively ending the tenure of Dr Ahsan H Mansur. This decision was confirmed through a notification by the Financial Institutions Division of the Ministry of Finance, marking an immediate change in leadership at the central bank.
According to United News of Bangladesh, the appointment was made under Article 10(5) of the Bangladesh Bank Order, 1972. The notification clarified that Mostaqur Rahman is required to sever all employment ties with other institutions and organizations before assuming his duties. His contract with the government will outline the salary, allowances, and other benefits, as well as additional conditions of his appointment.
Mostaqur Rahman is a seasoned professional with significant experience in corporate finance, export economics, and financial systems management. He holds a B.Com (Hons) and a Masters Degree from the University of Dhaka’s Department of Accounting. He is also a fellow member of the Institute of Cost and Management Accountants (FCMA) and is actively involved with several prominent organizations, including the Bangladesh Garments Manufacturers and Exporters Association (BGMEA) and the Dhaka Chamber and Commerce and Industries (DCCI).
The order appointing Mostaqur Rahman came into effect immediately, following the cancellation of Dr Ahsan H Mansur’s remaining tenure. Dr Mansur had been appointed as Governor via a notification issued on 13 August 2024, but the order was rescinded in the public interest.