Former governor of Bangladesh Bank Khorshed Alam passed away at a private hospital in the capital on Wednesday. He was 86.
He breathed his last at 10:00am while undergoing treatment in United Hospital in Dhaka.
He left behind his wife, four sons and a host of relatives and well wishers to mourn his death.
Khorshed Alam was the governor of Bangladesh Bank from December 20, 1992 to November 21, 1996.
He was a Language Movement activist who also founded the Bangladesh Association in New England in the United States in 1971 and worked for the War of Independence from there.
Khorshed Alam was born on January 15, 1935 in Narsingdi’s Ram Nagar. He obtained a master’s degree in economics from Dhaka University, a master’s degree in public administration from Harvard University and a master’s degree in economics from Tufts University.
Incumbent Bangladesh Bank Governor Fazle Kabir has expressed deep shock and sorrow at the death of Khorshed Alam. He said the late Alam, a prominent economist, rich in patriotic spirit, honesty, efficiency and unique heart, played a unique role for the country as a leader of the financial sector.