, Feb. 25 -- The government on Wednesday appointed Md Mostaqur Rahman as the new Governor of Bangladesh Bank for a four-year term, cancelling the remaining tenure of Dr Ahsan H Mansur with immediate effect.

According to separate notifications issued by the Financial Institutions Division of the Ministry of Finance, the appointment has been made under Article 10(5) of the Bangladesh Bank Order, 1972 (President's Order No. 127 of 1972).

The notification said Mostaqur Rahman will serve as Governor of Bangladesh Bank for four years from the date of his joining, subject to relinquishing all employment relationships with other institutions and organisations.

New govt to continue reforms in banking sector: Bangladesh Bank governor

During his...