Bangladesh Bank

About Governor:
Dr. Atiur Rahman Governor, Bangladesh Bank
Dr. Atiur Rahman took the helm of the central Bank of Bangladesh for four year tenure on May 1, 2009 as the 10th Governor of Bangladesh Bank, the country's monetary policy authority, financial sector regulator and supervisor.







Born in 1951, Dr. Atiur Rahman studied at Mirzapur Cadet College for his secondary and higher secondary education, followed by his undergraduate and graduate studies at the Department of Economics of the University of Dhaka where he obtained his B.A. (Honors) and M.A. in Economics, achieving academic distinctions at all levels. He was awarded the Commonwealth scholarship and went to the School of Oriental and African Studies (SOAS), University of London to pursue his M.A. and Ph.D. in Economics (1983). His PhD thesis "Peasants and Classes" published later as a book by the Oxford University Press is an acclaimed reference book in development research. Subsequently, he was awarded a Commonwealth Development Fellowship at the University of Manitoba in Canada (1989), a Ford Foundation Post Doctoral Fellowship at The University of London (1991-92), and a Visiting Research Fellowship, at the Institute of South-East Asian Studies, Singapore (1998-99). He was also a visiting/adjunct professor in a number of universities, both home and abroad




Functions


BB performs all the core functions of a typical monetary and financial sector regulator, and a number of other non core functions. The major functional areas include :




Formulation and implementation of monetary and credit policies.
Regulation and supervision of banks and non-bank financial institutions, promotion and development of domestic financial markets.
Management of the country's international reserves.
Issuance of currency notes.
Regulation and supervision of the payment system.
Acting as banker to the government .
Money Laundering Prevention.
Collection and furnishing of credit information.
Implementation of the Foreign exchange regulation Act.
Managing a Deposit Insurance Scheme .





Bangladesh Bank, the central bank of the country, was established as a body corporate vide the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) with effect from 16th December, 1971. The general superintendence and direction of affairs and business of the Bank are entrusted to a nine member Board of Directors which consists of the Governor as chairman, a Deputy Governor, three senior government officials and four persons having experience and proven capacity in the fields of banking, trade, commerce, industry or agriculture - all nominated by the government. The board, which is the highest policy making body, meets at least six times a year and at least once every quarter under the chairmanship of the Governor. The Governor, appointed by the government as the chief executive officer, directs and controls all the affairs of the Bank on behalf of the Board.
The broad objectives of the Bank are :
a) To regulate the issue of the currency and the keeping of reserves;
b) To manage the monetary and credit system of Bangladesh with a view to stabilizing domestic monetary value;
c) To preserve the par value of the Bangladesh Taka;
d) To promote and maintain a high level of production, employment and real income in Bangladesh; and to foster growth and development of the country's productive resources for the national interest
VISIONThe Bangladesh Bank (BB), through ensuring the quality of services and the competence of its staff, shall operate as a modern, dynamic, effective, and forward-looking central bank to manage the country’s monetary and financial system with a view to stabilizing the internal and external value of Bangladesh Taka conducive to rapid growth and development of the economy.
MISSIONTo uphold the vision and in pursuant with the Bangladesh Bank Order of 1972, Bangladesh Bank’s mission is to promote and maintain macroeconomic and price stability through: Formulating and implementing appropriate monetary policy consistent with the country’s national development goals; Pursuing prudent policies to ensure stable internal and external value of Taka; Identifying policy priorities for implementation by the Government through assessing the transmission channels and the interactions of monetary policy with fiscal, exchange rate, and other macroeconomic policies and their impact on the economy; Proposing necessary legislative measures to attain the central bank’s objectives and perform its functions including strategies and regulations for and supervision of banking companies and financial institutions with the aim to providing efficient financial intermediation and financial services to large, medium, small, and micro enterprises and to pro-poor activities ;
Branches : 9
Barishal Office Bogra Office Chittagong Office Khulna OfficeMotijheel Office Rajshahi Office Rangpur Office Sadarghat Office Sylhet Office
Board of Directors:
Chairman Dr. Atiur Rahman 880-2-7120106(Off) 880-2-9566212 Director Dr.Momtaz Uddin Ahmed 880-2-8614314(Res),880-1711-591651(Mob) -- Dr.Mohammad Tareque 880-2-7160406(Off),880-02-8959066(Res) 880-2-7165581 Dr. Muhammad Ismail Hossain 880-2-7708478-85 Extn:281 (Off.),880-2-8951158 (Res.),88-01715032345 (Mob.) 880-2-7791052,880-2-7708383 Dr. Mohammad Ali Taslim 880-2-8613905(Off),880-2-8153141(Res),880-01712623367(Mob) -- Mr. M Musharraf Hossain Bhuiyan 880-2-8112641(Off.)880-2-8859179 (Res.)88-01552100026 (Mob.) 880-2-8113088 Dr. Nasiruddin Ahmed 880-2-8362442 (Off) 880-2-8316143 Secretary Md. Nazrul Huda 880-2-7122533(Off),880-2-9550304(Off),880-2-8353491(Res.) 880-2-9566212 Secretary Mir Abdur Rahim 880-2-7125625(Off.)880-8826521(Res.)88-01730009353(Mob.) 880-2-9566212 Executive Staff:
Governor Dr. Atiur Rahman 880-2-7120106(Off) Deputy Governor Md. Nazrul Huda 880-2-7122533(Off),880-2-9550304(Off),880-2-8353491(Res.) Ziaul Hasan Siddiqui 880-2-7122544(Off),880-2-7114011(Off)880-2-8363245(Res) Murshid Kuli Khan 880-2-7166102(Off),880-2-8357699(Res) Executive Director Khandakar Muzharul Haque 880-2-9550301 Md. Abul Quasem 880-2-7120109 Chowdhury Mohidul Haque 880-2-7167988,01730009341 Mir Abdur Rahim 880-2-7125625(Off.)880-8826521(Res.)88-01730009353(Mob.) Nazneen Sultana 880-2-9557551 Devaki Kumar Saha 880-2-8033650 A. H. M. Kai Khasru 880-2-7164214 Md. Ahsan Ullah 880-2-7120108 Noor Muhammad Howlader Economic Advisor Habib Ullah Bahar 880-2-7163524