The new central bank governor assumed office early this morning.

Mohammad Mostaqueur Rahman assumed office as the new Governor of Bangladesh Bank at 10:40 am today. Upon his arrival, he was formally received by the bank’s three Deputy Governors and senior officials in a brief welcoming ceremony.

Having been appointed yesterday, Wednesday, following the cancellation of Ahsan H. Mansur’s appointment, Rahman officially joined his duties today. Speaking briefly to reporters as he entered the bank, he stated: “I have arrived; let us start the work. Comments can follow afterwards.”

According to sources, Rahman will spend the morning meeting with key bank officials, including the Deputy Governors, the head of the Bangladesh Financial Intelligence Unit (BFIU), and the Chief Economist. Later in the day, he is scheduled to meet the Executive Directors. At 1:30 pm, he will proceed to the Secretariat for further official engagements.

In a government notification issued yesterday by the Financial Institutions Division of the Ministry of Finance, it was announced that Rahman has been appointed the 14th Governor of Bangladesh Bank for a term of four years, effective immediately. The order stipulated that he must sever all professional ties with other organisations prior to assuming his role. This marks a historic first, as Rahman is the first business professional to head the central bank. He holds an FCMA degree in Cost Management and Business Finance.

Earlier this morning, at around 8:30 am, Rahman departed from his residence in Gulshan to the central bank in Motijheel, travelling in his personal vehicle. A staff member at his Gulshan residence, speaking anonymously to Prothom Alo, confirmed: “Sir left the house between 8:00 and 8:30 am in his own car to reach the bank.”

Key Details of Bangladesh Bank’s New Governor

ItemDetails
NameMohammad Mostaqueur Rahman
Appointment Date25 February 2026
Official Joining26 February 2026, 10:40 am
Position14th Governor of Bangladesh Bank
Term4 years
BackgroundBusiness professional; FCMA in Cost Management
Notable FactFirst businessperson appointed as Governor
Morning ScheduleMeetings with Deputy Governors, BFIU head, Chief Economist, Executive Directors
Afternoon ScheduleVisit to the Secretariat at 1:30 pm

This appointment reflects the government’s emphasis on incorporating private-sector expertise into central banking leadership, signalling a potential shift in policy approach and operational management. Analysts note that Rahman’s professional experience in cost management and business strategy could bring a new perspective to the nation’s monetary and financial governance.

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