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Atiur Rahman Resigns, Fazle Kabir To Become New BB governor

Things are changing rapidly with Bangladesh Bank. Dr. Atiur resigned from his position this morning, as part of the fallout from the stealing of US$101m from Bangladesh Bank's account.

In a rather quick move, former secretary of Finance Division Fazle Kabir will be made new governor of Bangladesh Bank, Finance Minister AMA Muhith said today after news broke of Atiur's resignation.

Kabir, now in Washington, will join his new post on March 18, Muhith told reporters at the Secretariat in Dhaka.

Mohammad Ruhul Kader is a Dhaka-based entrepreneur and writer. He founded Future Startup, a digital publication covering the startup and technology scene in Dhaka with an ambition to transform Bangladesh through entrepreneurship and innovation. He writes about internet business, strategy, technology, and society. He is the author of Rethinking Failure. His writings have been published in almost all major national dailies in Bangladesh including DT, FE, etc. Prior to FS, he worked for a local conglomerate where he helped start a social enterprise. Ruhul is a 2022 winner of Emergent Ventures, a fellowship and grant program from the Mercatus Center at George Mason University. He can be reached at [email protected]

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