Governor of Bangladesh Bank | |
---|---|
বাংলাদেশ ব্যাংকের গভর্নর | |
since 13 August 2024 | |
Type | Chief Executive Officer |
Reports to | Minister of Finance |
Seat | Bangladesh Bank Building |
Appointer | Chief Adviser on the advice of the Minister of Finance |
Term length | Three Years or Chief adviser's Pleasure |
Constituting instrument | Bangladesh Bank Order, 1972 |
Formation | 18 January 1972 |
First holder | A. N. M. Hamidullah |
Deputy | Deputy Governor |
Salary | ৳157500 (US$1,300) per month (incl. allowances) |
Website | www.bb.org.bd |
The governor of the Bangladesh Bank is the chief executive officer of Bangladesh's central bank and the ex-officio chairman of its Central Board of Directors. The Bangladesh bank governor is appointed by the Government of Bangladesh. [1] [2] [3]
Bangladesh Bank is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Government of Bangladesh.
Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO, is a Bangladeshi multinational conglomerate holding company, headquartered in Dhaka, Bangladesh. It was founded in the early 1970s.
Atiur Rahman is a Bangladeshi development economist, author, and banker. He served as the 10th Governor of Bangladesh Bank, the central bank of Bangladesh. He has been called "the banker of the poor" for his contributions in developing the Bangladeshi economy. Rahman is credited with instituting changes in the banking industry that greatly increased the country's foreign exchange reserves and brought automation and digitization in the banking sector. Achievements during his tenure include the creation of the National Payment Switch; introducing automated check clearing for banks using local currency cheques; starting mobile banking; establishing the Bangladesh Electronic Funds Transfer Network (BEFTN); and installing the Bangladesh Automated Clearing House (BACH). On 15 March 2016, he resigned as central bank governor after the cyber hacking and theft of US$101 million in foreign reserves from the Bangladesh Bank account held at the Federal Reserve Bank of New York.
Motijheel is a central business district and a thana of Dhaka, Bangladesh. It is Dhaka's primary central business district, and also the nation's largest commercial and financial hub. Motijheel, located immediately adjacent to Dhaka's zero point, has the largest number of offices in Dhaka. Motijheel CBD also has one of the highest concentrations of high-rise buildings in Bangladesh. It has thus earned the title of the downtown and city centre of Dhaka and as the bankpara-officepara in Bengali.
ONE Bank PLC (OBPLC) is a public limited commercial bank in Bangladesh. It is in the business of taking deposits from public through various saving schemes and lending the fund in various sectors at a higher margin. A.S.M. Shahidullah Khan is chairman and Md. Monzur Mofiz is the managing director of One Bank PLC.
Salehuddin Ahmed is a Bangladeshi economist, civil servant, and a former governor of the Bangladesh Bank, the country's central bank. He is a professor of BRAC University. He has been serving as an adviser to the interim government of Bangladesh since August 2024.
Mohammad Nurul Islam was a Bangladeshi economist who served as the third Governor of Bangladesh Bank, country's central bank, from 1976 to 1987.
A. N. M. Hamidullah (1919-1994) born in village somospur, in Srinagar of Munshiganj district was the first governor of Bangladesh Bank, the central bank of Bangladesh. He served during 1972–1974.
A. K. N. Ahmed was a Bangladeshi economist and diplomat. He served as the second Governor of Bangladesh Bank, the central bank of Bangladesh from November 1974 until July 1976.
Khorshed Alam was the fifth governor of Bangladesh Bank, the central bank of Bangladesh during 1992–1996. Alam has served as the chairman of the board of trustees of University of Asia Pacific. He was a UAP Foundation member and trustee member.
Lutfar Rahman Sarkar was a Bangladeshi economist who served as the sixth Governor of Bangladesh Bank, the central bank of Bangladesh during 1996–1998. He served as a part-time faculty member of the University of Dhaka.
Mohammed Farashuddin is a Bangladeshi economist who served as the seventh governor of Bangladesh Bank, the central bank of Bangladesh. He served during 1998–2001. He is the founder of East West University (EWU) where he was the founding vice-chancellor during 1995–1998. He is currently the chairperson of the board of trustees of the university. Farashuddin also served as the private secretary to Bangabandhu Sheikh Mujibur Rahman from 1973 to 1975.
Krishi Bank is a fully government owned bank in Bangladesh founded in 1973. The primary purpose of the bank is to provide services to farmers and agricultural industry. Rajshahi Krishi Unnayan Bank is the other state owned agriculture bank in Bangladesh.
The Bangladesh Bank robbery, also known colloquially as the Bangladesh Bank cyber heist, was a theft that took place in February 2016. Thirty-five fraudulent instructions were issued by security hackers via the SWIFT network to illegally transfer close to US$1 billion from the Federal Reserve Bank of New York account belonging to Bangladesh Bank, the central bank of Bangladesh. Five of the thirty-five fraudulent instructions were successful in transferring US$101 million, with US$81 million traced to the Philippines and US$20 million to Sri Lanka. The Federal Reserve Bank of New York blocked the remaining thirty transactions, amounting to US$850 million, due to suspicions raised by a misspelled instruction. As of 2018, only around US$18 million of the US$81 million transferred to the Philippines has been recovered, and all the money transferred to Sri Lanka has since been recovered. Most of the money transferred to the Philippines went to four personal accounts, held by single individuals, and not to companies or corporations.
Fazle Kabir is a Bangladeshi bureaucrat, economist, and central banker. He served as the 11th Governor of Bangladesh Bank, the central bank of Bangladesh. Prior to this position, he served as the Finance Secretary to the government and chairman of the state-owned Sonali Bank. He also served as a director of another state-owned Janata Bank.
AB Bank PLC. is a leading public limited bank in Bangladesh. AB Bank Limited was incorporated on 31st December 1981 and its the first commercial private bank in Bangladesh.
Padma Bank PLC. is a private commercial bank headquartered in Gulshan, Dhaka, Bangladesh. The bank was established in 2013. The fourth generation bank commenced its banking operation on June 3, 2013. By an order On January 29, 2019, Bangladesh Bank has changed the name of The Farmers Bank Limited to Padma Bank Limited after the bank failed to pay its liabilities due numerous bad loans and embezzlements.
Ahsan H. Mansur is a Bangladeshi economist and the 13th governor of Bangladesh Bank. He was the director of Policy Research Institute of Bangladesh. He was also the chairman of BRAC Bank and an independent director of Walton.
Nurun Nahar is a banker. She was the acting governor of Bangladesh Bank since Abdur Rouf Talukder resigned from the position. She is replaced by Ahsan H. Mansur. Before that she was the deputy governor of the bank.