The government of Bangladesh has appointed former finance secretary and Sonali Bank chairman Fazle Kabir as governor of the central bank for four years.
- Atiur Rahman, Bangladesh’s former central bank chief resigned after hackers stole over USD 100 million from the nation’s foreign reserves.
- During his tenure, Rahman, a development economist, launched a series of populist policies to take bank services to the doorstep of millions of rural people in Bangladesh.
- Apart from this, the Bangladeshi government also appointed two new directors to the Bangladesh Bank board.
About Fazle Kabir
- Kabir was born on July 4, 1955 in Dhaka. His ancestral home is in Hasail village under Tongibarhi Upazila of Munshiganj.
- He started his career as an assistant traffic superintendent of Bangladesh Railway in 1980 after doing his graduation and post-graduation in Economics from Chittagong University.
- He switched to an administrative job three years later.
- Before taking over as finance secretary, Kabir held different positions, including one as director general of the National Academy for Planning and Development.
- He was also a member of the board of directors of state-owned Janata Bank.
- Kabir was made chairman of another state-owned bank, Sonali Bank, after it was hit by several financial scams, including that involving Hall-Mark Group.
- His wife Mahmuda Sharmin Benu is an additional secretary to the public administration ministry.
