Dhaka, Feb. 26 -- The volatile atmosphere that has gripped Bangladesh Bank since Feb 16 -- erupting just as the Bangladesh Nationalist Party (BNP) prepared to form a government following their landslide victory in the parliamentary elections -- finally reached a dramatic conclusion on Tuesday.

The interim tenure of the sitting governor was abruptly terminated, replaced by a fresh appointment that has sent shockwaves through the financial sector.

For the first time in the nation's history, a businessman has been chosen to lead the central bank. This unprecedented move has left central bank officials questioning whether the leadership change was a pre-planned government strategy or a direct concession to the recent staff protests.

While ...