Bangladesh Bank is the central bank of Bangladesh, responsible for maintaining the country's financial stability and currency. The governor of Bangladesh Bank is charged with formulating and executing policies governing its operations. At present, Dr Fazle Kabir is serving as the Governor of Bangladesh Bank since April 19, 2016. He has been a significant contributor to the banking sector in Bangladesh since his appointment.
Table Of Content:
- List of governors of the Bangladesh Bank - Wikipedia
- Bangladesh Bank
- Fazle Kabir - Wikipedia
- Governor
- Bangladesh Bank Governors
- Bangladesh Bank
- Bangladesh Bank Chief Resigns After Cyber Theft of $81 Million ...
- How cyber criminals targeted almost $1bn in Bangladesh Bank heist ...
- Former Bangladesh Bank Chief Blames Global System for Theft ...
- Bangladesh to sue Manila bank over $81 million cyber heist ...
1. List of governors of the Bangladesh Bank - Wikipedia
https://en.wikipedia.org/wiki/List_of_governors_of_the_Bangladesh_BankThe central bank of Bangladesh is known as Bangladesh Bank. Under the Bangladesh Bank Order, 1972, Bangladesh is established on 16 December 1971 .
2. Bangladesh Bank
https://www.bb.org.bd/Mr. Fazle Kabir Honorable Governor of Bangladesh Bank. more.... Recent news.
3. Fazle Kabir - Wikipedia
https://en.wikipedia.org/wiki/Fazle_KabirFazle Kabir (born 4 July 1955) is a Bangladeshi bureaucrat, economist and central banker. ... He is the 11th Governor of Bangladesh Bank, the central bank of ...
4. Governor
https://www.bb.org.bd/governor/governor.phpMr. Fazle Kabir, former Finance Secretary to the Government of Bangladesh, joined as the 11th Governor of Bangladesh Bank on March 20, 2016. Fazle Kabir ...
5. Bangladesh Bank Governors
https://bb.org.bd/en/index.php/about/bbgovernorsBangladesh Bank Governors. Mr. Fazle Kabir March 20, 2016 onwards. Dr. Atiur Rahman May 01, 2009 to March 15, 2016. Dr. Salehuddin Ahmed May 01, 2005 ...
6. Bangladesh Bank
https://www.bb.org.bd/en/index.php/about/deputygovernor
Abu Farah Md. NasserDeputy Governor, Bangladesh Bank. Mr. Abu Farah Md. Nasser has been appointed as a Deputy Governor of Bangladesh Bank as per the ...
7. Bangladesh Bank Chief Resigns After Cyber Theft of $81 Million ...
https://www.nytimes.com/2016/03/16/world/asia/bangladesh-bank-chief-resigns-after-cyber-theft-of-81-million.htmlMar 15, 2016 ... Chief of Bangladesh Central Bank Resigns. Atiur Rahman, the governor of Bangladesh's central bank, resigned on Tuesday after hackers stole ...
8. How cyber criminals targeted almost $1bn in Bangladesh Bank heist ...
https://www.ft.com/content/39ec1e84-ec45-11e5-bb79-2303682345c8Mar 18, 2016 ... That meant he could not collect the usual list of the previous day's transactions. Related article. Central banks · Bangladesh central bank governor ...
9. Former Bangladesh Bank Chief Blames Global System for Theft ...
https://www.nytimes.com/2016/06/23/business/dealbook/former-bangladesh-bank-chief-blames-others.htmlJun 23, 2016 ... DHAKA, Bangladesh — The former governor of Bangladesh's central bank, from which $81 million was stolen in February, says that flaws in the ...
10. Bangladesh to sue Manila bank over $81 million cyber heist ...
https://www.reuters.com/article/us-cyber-heist-bangladesh/bangladesh-to-sue-manila-bank-over-81-million-cyber-heist-cenbank-governor-idUSKCN1PO19JJan 30, 2019 ... Fazle Kabir, governor of the Bangladesh Bank, said the lawsuit would be filed in the U.S. District Court for the Southern District of New York.
What experience does Dr Fazle Kabir have?
Dr Fazle Kabir was previously an advisor for SAARC finance ministry and a managing director of Sonali Bank Limited before he was appointed as the Governor of Bangladesh Bank. Prior to these posts, he held several other roles in the banking sector, including corporate affairs director at BRAC Bank Limited and executive vice president at Dhaka Bank Limited.
How has Dr Fazle Kabir contributed to banking in Bangladesh?
During his tenure as Governor of Bangladesh Bank, Dr Fazle Kabir launched several initiatives towards maintaining financial stability in the country and creating an enabling environment for business growth. These include prudent regulatory measures such as capital adequacy requirements, strengthened liquidity risk management frameworks and initiatives towards digital transformation of the banking sector.
How long has Dr Fazle Kabir been Governor of Bangladesh Bank?
Dr Fazle Kabir has been Governor of Bangladesh Bank since April 19, 2016.
What are some specific regulations that have been implemented by Dr Fazle Kabir?
Some specific regulations that have been implemented by him include raising capital adequacy requirements to 9 percent from 8 percent earlier; strengthening liquidity risk management framework by introducing Liquidity Coverage Ratio (LCR) requirement; issuing directives concerning social responsibility initiatives by banks; implementing regulations concerning enhancing customer safety from cyber threats through cyber security measures; introducing guidelines on digitization in banking operations; upgrading credit information bureau platform etc.
What changes have been made by Dr Fazle Kabir towards digital transformation in banking sector?
Towards achieving digital transformation in banking sector, several initiatives were taken under the leadership of Dr Fazle Kabir such as issuing directives on usage of digital signature; launching mobile financial services regulations along with issuance instructions on mobile money agents’ registration process; setting up regulations regarding instant payment infrastructure known as SAAJ etc.
Conclusion:
In summary, since his appointment as the Governor of Bangladesh Bank four years ago, Dr Fazle Kabir has initiated numerous policies which have contributed significantly to securing greater financial stability for Bangladeshi citizens and businesses alike. His contribution has also seen significant advances made towards digital transformation within the country’s banking sector through modernising critical infrastructure such as mobile money service providers and increasing access to secure payment services across public/private sectors both domestically as well internationally.