Dhaka, Feb. 25 -- Garment industry entrepreneur and finance professional Md Mostaqur Rahman has been appointed governor of Bangladesh Bank for a four-year term, replacing Ahsan H Mansur.

The finance ministry announced the appointment in a statement on Wednesday.

The ministry said his appointment will take effect from the date of his joining, subject to his relinquishing all professional affiliations with other institutions and organisations.

He will receive salary and other benefits from Bangladesh Bank in line with the terms of the contract signed with the government, according to the statement.

The order, issued in the public interest, takes immediate effect.

Mostaqur, 59, is a qualified cost and management accountant and a fellow ...