Bangladesh Bank
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| Bangladesh Bank | |||
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| Headquarters | Dhaka | ||
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| Established | 16 December 1971 | ||
| Governor | Salehuddin Ahmed | ||
| Central Bank of | Bangladesh | ||
| Currency | Taka | ||
| ISO 4217 Code | BDT | ||
| Website | [1] | ||
| Preceded by | State Bank of Pakistan | ||
Bangladesh Bank is the Central bank of Bangladesh.
Contents |
[edit] History
After the liberation war, and the eventual independence of Bangladesh, the Government of Bangladesh reorganized the Dhaka branch of the State Bank of Pakistan as the central bank of the country, and named it Bangladesh Bank. This reorganization was done persuant to Bangladesh Bank Order, 1972, and the Bangladesh Bank came into existence with retrospective effect from 16th December, 1971.
[edit] Functions
Bangladesh Bank performs all the functions, which a central bank of any country is expected to perform, and such functions include maintaining the price stability, supporting the economic and monetary policies of the central government, managing the country’s foreign exchange and the gold reserve. Like all other central bank across the globe, Bangladesh Bank is both the Government’s banker and the banker’s bank, a “Lender of the Last Resort”. Bangladesh Bank, like most of the central banks of different countries, exercises monopoly over the issue of currency and the banknotes. Except for the 1 and 2 taka notes, it issues all other denominations of Bangladeshi Taka.
[edit] Organisation
The highest official in the bank is the Governor (currently Salehuddin Ahmed). The Governor chairs the Board of Director. The Executive Staff, also headed by the Governor, are responsible for the day to day affairs.
[edit] Current Board of Directors
Chairman
- Dr. Salehuddin Ahmed
Director
- Md. Allah Malik Kazemi
- Dr. Wahid Uddin Mahmud
- Dr. Sufia Ahmed
- Siddiqur Rahman Chowdhury
- Dr. Hossain Zillur Rahman
- Md. Abdul Karim
- Jafar Ahmad Chowdhury
Secretary
- K M Jamshed uz Zaman
[edit] Current Executive Staff
Governor
- Dr. Salehuddin Ahmed
Deputy Governor
- Md. Allah Malik Kazemi
- Md. Nazrul Huda
- Ziaul Hasan Siddiqui
Executive Director
- Md. Murshid Kuli Khan
- Md. Nazmul Hoque
- Md. Asaduzzaman Khan
- Md. Khurshid-ul-Alam
- Khandakar Muzharul Haque
- Md. Abul Quasem
- Nazir Ahmed Khan
- K M Jamshed uz Zaman
- Habib Ullah Bahar
- Md. Yasin Ali
- A.T.M. Nasiruddin
- Md. Abdul Matin
[edit] Former Governors
- A.N.M. Hamidullah 1972-1974
- A.K.N. Ahmed 1974-1976
- M. Nurul Islam 1976-1987
- Shegufta Bakht Chaudhuri 1987-1992
- Khorshed Alam 1992-1996
- Lutfar Rahman Sarkar 1996-1998
- Dr. Mohammed Farashuddin 1998-2001
- Dr. Fakhruddin Ahmed 2001-2005
[edit] See also
[edit] External link
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