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| reuters |
Bangladesh’s new government has appointed entrepreneur and financial governance specialist Mostaqur Rahman as governor of Bangladesh Bank, signalling a major shift in the country’s economic leadership following recent political changes.
A government notification issued on February 25 confirmed Rahman’s appointment for a four-year term. The decision comes weeks after Prime Minister Tarique Rahman secured a landslide electoral victory and began restructuring key institutions across security, administration and financial sectors. A separate notification ended the tenure of former governor Ahsan H. Mansur, who had taken charge after the 2024 political transition that saw the removal of former Prime Minister Sheikh Hasina.
Officials said Mostaqur Rahman brings over three decades of experience in corporate finance, export economics and institutional governance. The appointment is being framed as part of a broader effort to strengthen financial oversight and stabilise economic policy during the government’s early phase.
Bangladesh’s central bank leadership has seen significant turnover since the political upheaval of 2024. The financial sector has faced pressure from currency volatility, export challenges and regulatory reforms, making the governor’s role central to policy direction. Leadership changes in monetary authorities often signal shifts in fiscal coordination, banking supervision and inflation management strategies.
Market observers in Dhaka view the appointment as an attempt to bring private-sector expertise into public financial management. Early reactions from business groups indicate cautious optimism, particularly around export policy and governance reforms.
The central bank governs interest rates, currency stability and banking regulation, making the appointment critical for investor confidence and economic recovery. With Bangladesh navigating post-election policy realignment, the new governor’s approach could influence trade competitiveness, financial transparency and international lender engagement.
Analysts expect policy signals on inflation control, export incentives and banking reforms in the coming months. Coordination between the finance ministry and the central bank will be closely watched by global investors and multilateral institutions.