Bangladesh Appoints Mostaqur Rahman as Central Bank Governor Amid Controversy

Bangladesh's new government appointed Mostaqur Rahman as central bank governor, replacing Ahsan H Mansur, whose contract was ended prematurely. Mostaqur, an economist and businessman in the garment sector, has no prior banking experience and has faced criticism for loan defaults. The appointment followed protests against Mansur's leadership and drew opposition criticism, with concerns over the break from tradition and the manner of Mansur's dismissal.