Md. Mostaqur Rahman took over as the 14th Governor of Bangladesh Bank on Thursday.
Senior officials and staff received the new governor when he reached the central bank headquarters around 11 am.
“I have arrived; let me start the work first, then we can talk,” he told reporters while entering the office.
Mostaqur, a Fellow of Cost and Management Accountants (FCMA), was appointed for a four-year term by the government replacing ex-governor Dr. Ahsan H. Mansur.
The appointment was announced in a notification issued by the Financial Institutions Division of the Ministry of Finance on Wednesday.
As per the official gazette, the appointment was made under Section 10(5) of the Bangladesh Bank Order, 1972, which requires the new governor to sever all other professional affiliations.
Mostaqur served as Chairman of the BGMEA Standing Committee on Bangladesh Bank and was a member of the Chittagong Stock Exchange Ltd, according to a central bank press release.
He has involved with several leading trade and business bodies, including Bangladesh Garments Manufacturers and Exporters Association (BGMEA), Real Estate and Housing Association of Bangladesh (REHAB), Association of Travel Agents of Bangladesh (ATAB) and Dhaka Chamber of Commerce and Industry (DCCI).
He served on various important committees in these organisations.
Mostaqur Rahman is an entrepreneur and businessman, and a senior financial governance specialist with over 30 years of leadership experience in corporate finance, export economics, institutional governance, and financial systems management.
He has demonstrated expertise in financial oversight, regulatory compliance, banking-sector engagement, and capital management, it said.
Moreover, he has extensive leadership experience across multiple sectors including manufacturing, real estate, agro-based enterprises, and industrial ventures, with responsibility for financial planning, investment oversight, and governance frameworks.
In his various roles in industry and trade associations, he has significantly contributed to structured dialogue on financial stability, industrial financing, and economic sustainability, said the press release.
Mostaqur was born in a renowned Muslim family in 1966. He obtained B.Com (Hons.) and Masters Degree from the Department of Accounting, University of Dhaka.
Later, he qualified as a Cost & Management Accountant from the Institute of Cost & Management Accountants of Bangladesh (ICMAB).
He is also involved in various charitable and community development activities.