The newly appointed Finance Division Secretary Fazle Kabir was co-opted into the board of the Bangladesh Bank.

Kabir was appointed as BB board member under section 9(3) (D) of Bangladesh Bank Order-1972.

The Banking and Financial Institutions Division of the Finance Ministry issued a notification Wednesday to this effect.

Kabir replaced immediate-past finance division secretary Dr Muhammad Tarek, who left the position recently and joined the World Bank.

The nine-member BB board is headed by its governor.

The board is to determine the central bank duties by approving, reviewing and amending various financial sector policies.

News: Daily Sun/Bangladesh/23-Aug-12