Ahsan Ullah appointed as adviser to Bangladesh Bank governor
He will support Governor Ahsan H Mansur in implementing the central bank’s reform initiatives
Ahsan Ullah, former executive director of the central bank, has been appointed as an adviser to the governor of Bangladesh Bank.
In this role, Ahsan will support Governor Ahsan H Mansur in implementing the central bank's reform initiatives.
The appointment is contractual and will last for one year, according to an internal order issued by the central bank.
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Earlier on 11 September last year, the Bangladesh Bank formed a six-member taskforce to conduct reform works in the banking sector.
According to the central bank, this taskforce will assess the current financial situation, distressed assets and major risks in the banking sector.
It will also review the financial indicators of weak banks, liquidity situation; assess the actual condition of loans, provision deficit, net capital, and actual value of assets of the banks.
The circular on taskforce formation comes a week after Governor Ahsan H Mansur, in a views-exchange meeting with journalists, said three separate taskforces will be formed with local and foreign experts to ensure the autonomy of the central bank, to collect defaulted loans and facilitate asset recovery.
