Finance Minister Amir Khosru Mahmud Chowdhury on Wednesday said the change in the governorship of Bangladesh Bank was part of a broader administrative reshuffle undertaken by the new government to implement its priorities and policy agenda.
“Changes have not taken place in Bangladesh Bank only; they have occurred in many places also,” he told reporters at the Secretariat in response to a question regarding the replacement of the central bank governor.
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“After assuming office, a new government has its own priorities and programmes. Changes are being made where necessary to realise those priorities. This is a normal process,” he said.
Responding to a query about the considerations behind the governor’s removal, the minister said there was nothing unusual about the decision.
“A new government has come in with its own preferences and policy thinking. Naturally, adjustments will be made in different institutions to align with its programmes,” he said, adding that such changes are neither isolated nor exceptional.
“It is not only Bangladesh Bank where changes have been made. Many other places have seen changes, and more may follow if required. This is very normal in the context of a new administration,” he said.
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The minister emphasised that the government’s own programme, preferences and policy orientation would guide administrative decisions. “Wherever necessary to implement the government’s programme and thinking, changes will be brought.”
Earlier, the government removed Ahsan H Mansur from the post of governor of Bangladesh Bank and appointed Md Mostakur Rahman as the new governor.
The change comes as the government reiterates its commitment to pursuing its economic agenda in coordination with key financial institutions.