BB appoints Sarwar Hossain as deputy governor

The Bangladesh Bank (BB) has appointed its Executive Director Md Sarwar Hossain as a deputy governor on a three-year contractual term, according to a government notification today.

The Financial Institutions Division of the Ministry of Finance said the appointment was made under Article 10(4) of the Bangladesh Bank Order, 1972.

Sarwar will take up the post after voluntarily retiring from his current position as executive director. His post-retirement leave (PRL) has been suspended to facilitate the appointment.

He has been appointed for three years from the date he joins as deputy governor, the notification said.

The remaining terms and conditions of his appointment will be determined through a contract.