The government has picked senior secretary of the finance division Abdur Rouf Talukder as the 12th governor of Bangladesh Bank (BB) for the term of next four years.
He will take over the new assignment on July 4, according to a notification, issued by the Financial Institutions Division under the finance ministry, on Saturday.
The notification said that on condition of his retirement from the government service and severing his working ties with all other organisations and institutions, the appointment of Abdur Rouf Talukder will be effective from July 4 or his joining date for the new assignment.
He will receive his salaries, allowances and other facilities from the central bank as per conditions of his agreement with the government, it added.
Mr Talukder will replace Fazle Kabir, former finance secretary who has been heading the central bank of Bangladesh since March 20 in 2016.
Born in August 1964, Mr Talukder holds a master's degree in Development Management from the University of Birmingham in the UK and an MBA from the Dhaka University's Institute of Business Administration.
He joined the Bangladesh Civil Service in February 1988 and has held a wide range of government positions during his career, specialising in public finance and economic management.
Mr Talukder had served more than 18 years at the Finance Division before elevated to the position of Finance Secretary on 17 July 2018.
Apart from his long career in Finance Division, Mr Talukder had also served at the Ministry of Industries, Ministry of Food, and Ministry of Information. He also worked at the Bangladesh High Commission, Kuala Lumpur as First Secretary (Commercial).
At the Finance Division, he contributed to important areas like budget reform, macroeconomic management and introduction of IT (Information Technology) in PFM (Public Financial Management).
He was instrumental in implementing the Medium-Term Budget Framework and the new Budget and Accounting Classification System.
He played a key role in introduction of payroll automation for government employees, EFT (electronic funds transfer) for pensioners and automation of National Savings Certificates. He is one of the key contributors in drafting the Public Money and Budget Management Act, 2009 and Autonomous Bodies' Surplus Revenue Act, 2020.
Mr Talukder received the 'National Integrity Award, 2021'. He also led the Finance Division in achieving 'Public Administration Award 2021' in the National Level Technical Institution category.
Besides, he attended a number of professional training courses at Harvard Kennedy School of Government, Boston, USA; IMF Institute, Washington DC, USA; Crown Agents Training & Professional Development Centre, London, UK; Institute of Public Finance (IPF), Dhaka, etc.
Mr Talukder is married to Mrs Selina Rawshan, a teacher by profession, and they have one daughter and one son.
The country's securities regulator has congratulated the newly-appointed Bangladesh Bank (BB) governor, highlighting his achievement during the Covid-19 pandemic.
Both the regulators should work together for development of the capital market, the Bangladesh Securities and Exchange Commission (BSEC) said in a press statement.
Under the leadership of Mr Talukder, the central bank would work closely with the securities regulator for development of the market as well as strengthening the economy, the statement added.
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