Bangladesh central bank governor resigns over theft

Atiur Rahman has resigned after $101 million was stolen from the central bank’s account at the New York Fed; finance minister announces Fazle Kabir as successor

Atiur Rahman2
Atiur Rahman

Bangladesh Bank governor Atiur Rahman resigned today (March 15), following the theft of $101 million from the central bank's account at the Federal Reserve Bank of New York.

A central bank spokesperson confirmed Rahman had offered his resignation and it was accepted. The country's finance minister announced Fazle Kabir, a former senior secretary to the government, would succeed Rahman later this month.

Local media reported the government had also sacked two deputy governors over their handling

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