Adviser to BB governor resigns

Md Ahsan Ullah, adviser to the Bangladesh Bank governor, has resigned from his post, citing discomfort following an incident of a “mobocratic nature” at the central bank headquarters.

He submitted his resignation to the new BB Governor, Md Mostaqur Rahman, on Wednesday.

In his letter, Ahsan Ullah said that he had to leave the bank premises on February  25 by official transport due to an unpleasant occurrence.

The resignation comes in the wake of a “mob incident” that occurred on the day Ahsan H Mansur was ousted from his position of governor.

Around 3pm on February 25, Ahsan Ullah was allegedly mobbed and forced out of the central bank premises by a group of officials, an incident that took place after Mansur left the office amid news that the government had appointed a new governor.

A group of BB officials gathered and escorted Ahsan Ullah out of the building. He was allegedly grabbed by the collar and placed into a vehicle.

In his resignation, he said, “Because of such an unpleasant occurrence, I do not feel comfortable remaining engaged with the esteemed position of Adviser to the Governor.”

Ahsan Ullah had joined as an adviser to the BB governor earlier, and his tenure was extended for one year until 5 January 2027.

Last week, Sadiq Ahmed, vice chairman of the Policy Research Institute (PRI) of Bangladesh, resigned from the BB’s Monetary Policy Committee.