BB scraps Chief Economist’s appointment contract 10 months early

Bangladesh Bank (BB) has cancelled the remaining tenure of Dr Mohammad Akhtar Hossain, who was appointed as the central bank's Chief Economist on a contractual basis.

The decision was announced in an office order issued by the Human Resources Department-1 of Bangladesh Bank on Wednesday. The order did not give any reason for the appointment cancellation nearly 10 months earlier.

The interim government appointed him as Chief Economist starting 1 July last year, and the two-year contract was due to expire on 30 June next year.

According to Wednesday’s order, Dr Akhtar Hossain's remaining contractual tenure as Chief Economist, under an office instruction issued on 1 September 2025 and appointment letter No 28 of 2025, has been cancelled with effect from 10 September 2026.