Tuesday, July 31, 2012

Bangladesh Bank (BB) Governor Dr Atiur Rahman behind stable economy,Bangladesh


BANGLADESH NEWS

After taking the chair, governor of Bangladesh Bank (BB) Dr Atiur Rahman has attended in some 80 meetings in remote areas of the country during his holidays where he talked with businessmen, bankers, farmers and general people.

His supervision work helped the banks to reach to the people of remote areas and the economists are saying that he is doing everything what was essential for stable economy.

According to the experts of banking sector of the country, it was a challenge to maintain the stability of the economy while many rich and developed countries faced economic recession.

Bangladesh Bank with Dr Atiur Rahman as governor implemented many multi-dimensional activities for the development of country’s financial sector.

Dr Atiur Rahman took his chair as governor on May in 2009. He is now known as poor-friendly governor as his performance was praiseworthy in reaching the banking service to the remote people.

For his extraordinary performance he has been nominated for Indira Gandi Award and got World No-Tobacco Day award.

For proper policy and techniques made by Dr Atiur helped to increase the growth of the country which is now over 6 percent and in second position in the South-Asian region.

Making a record, the expatriates sent some $ 13 billion during fiscal year 2011-12 and the foreign currency reserve stood at approximately $1000 crore.
Dr Atiur Rahman also took initiatives to facilitate the farmers to open bank account with Tk 10 only and some 1.30 crore farmers are getting banking service.

BB governor also started “School Banking Scheme” in 14 banks where 30,000 freedom fighters opened accounts.

From a very humble background Atiur Rahman rose to the top echelon of the society.

He was born in a remote village in Jamalpur district in 1951. His father who was a landless farmer had received no schooling in his life.

He passed the SSC and HSC examinations with outstanding results securing positions in the merit list both times. He went to the Dhaka University for studying economics.

After obtaining BSS and MSS in Economics, he applied for Commonwealth scholarship and was successful. He went to SOAS, London, from where he obtained his PhD in 1977.

His PhD thesis later came out as a book under the title “Peasants and Classes” published by the Oxford University Press, which is much admired by the economists worldwide and is being used as a reference book in many universities throughout the world.

On 29 April 2009, he was appointed as the governor of Bangladesh Bank, the central bank of the country, for tenure of four years. He assumed charge on 3 May 2009.

He is the 10th governor of the Bangladesh Bank, succeeding Dr Salehhddin Ahmed.

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