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BB appoints Habibur Rahman as chief economist

  • Staff Correspondent
  • 15 February, 2022 12:00 AM
  • Print news
BB appoints Habibur Rahman as chief economist

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Bangladesh Bank has appointed Dr Habibur Rahman as its new chief economist. 

Dr Rahman, who leads research department at the central bank as executive director, has been performing additional charge of the chief economist’s unit for the last two years.

This is for the first time that Bangladesh Bank has appointed a local banker in the position.

 The chief economist advises the governor in formulating policies based on economic analysis for annual monetary planning of the central bank.

“The central bank has kept trust on me. I will put my sincere efforts in formulating monetary policy so that the central bank can address the upcoming challenges amid the ongoing pandemic,” Dr Habibur Rahman told the Daily Sun on Monday.

Earlier on Sunday, Bangladesh Bank issued a notice regarding appointment of Dr Habibur Rahman following a board meeting held on January 20.

Before taking on the new role, Dr Rahman worked at research department, monetary management and technical unit of the central bank.  He also worked as senior research economist in policy analysis unit of Bangladesh Bank under the World Bank's capacity building project.

He was the deputy general manager of Bangladesh Bank Training Academy and also the general manager of the Policy Support Wing of the Governor's Secretariat.

He has represented Bangladesh Bank in numerous international conferences, meetings, seminars and workshops abroad, including the World Bank, International Monetary Fund (IMF) and Asian Development Bank (ADB).

Dr Habibur Rahman obtained doctorate of philosophy (PhD) degree in practical economics from Western Michigan University in the United States.

He joined Bangladesh Bank in 1990 as an assistant director in the research department. Economist Mustafa K Mujeri served the central bank as chief economist from 2007 to 2009 while the World Bank’s former lead economist Hassan Zaman took over the charge from 2012-14. Then Dr Biru Paksha Paul served the position till 2016 who was an associate professor of State University of New York.

Later, IMF permanent representative Faisal Ahmed came to the role and continued till January 2019.