Two new deputy governors appointed

The government yesterday appointed two new deputy governors to the central bank.

Bangladesh Bank's Executive Director Kazi Sayedur Rahman and Rajshahi Krishi Unnayan Bank's Managing Director AKM Sajedur Rahman Khan have been recruited for the posts, according to two separate circulars issued by the finance ministry.

The duo will serve the banking regulator in the posts until they turn 62.

Sayedur will hit the 62 years' mark on Jan 1, 2025, and Sajedur on Feb 1, 2024. Sayedur started his career with the central bank in 1988 as an assistant director.

He was promoted as general manager for the foreign exchange reserve and treasury management department of the central bank in 2011 and executive director in 2016.

He completed BCom (honours) in accounting and MCom from Dhaka University.

Sajedur was promoted as the managing director of Rakub last year.

Prior to this appointment, he was the deputy managing director of Sonali Bank. He completed his graduation and post-graduation in economics from Jahangirnagar University.

With the addition of Sayedur and Sajedur, the banking watchdog now has four deputy governors.

The two others are SM Moniruzzaman and Ahmed Jamal.

The post of the two deputy governors fell vacant in 2016 when the government removed Abul Kashem and Nazneen Sultana after a hacker group stole $101 million from the central bank's foreign exchange reserve.