Dhaka, March 19 -- Bangladesh Bank on Thursday categorically dismissed reports circulating in a section of the media regarding an apparent decision to appoint a successful private sector bank's Managing Director as its new Deputy Governor, terming the information "baseless and untrue."

In a formal statement issued today, Bangladesh Bank Spokesperson and Executive Director Arif Hossain Khan clarified that there is no reality behind the published news, UNB reports.

He confirmed that no such decision has been made regarding the appointment to the post of Deputy Governor.

"Such false and misleading reports create misconceptions among the general public and can have a negative impact on the stability of the financial sector," Khan said.

He...