Dhaka, Feb. 25 -- The Government of Bangladesh has appointed Md Mostaqur Rahman as the new Governor of Bangladesh Bank, the central bank of the South Asian country, according to a notification issued by the Ministry of Finance.

The notification stated, "Under the Bangladesh Bank Order 1972 (President's Order No. 127 of 1972), Article 10 (5), Mr. Mostaqur Rahman, FCMA, has been appointed to the position of governor of Bangladesh Bank for a four-year term, starting from the date of his joining, subject to coordination with all other institutions and organisations."

Rahman succeeds Ahsan H Mansur, who stepped down from the post amid protests by officials. Mansur left office at around 2:00 pm (local time) today, and shortly after his depart...