Former finance secretary and incumbent chairman of the state-run Sonali Bank Fazle Kabir is joining the Bangladesh Bank tomorrow (Sunday) as its new governor, Bangladesh Bank spokesperson AFM Asaduzzaman told today. He said the new governor would come to the central bank between 11am and 11:30 am to take his office. Fazle Kabir would relinquish his position as chairman of Sonali Bank before joining the central bank. He will be 11th governor of the central bank.

Fazle Kabir was made new Bangladesh Bank governor after Dr Atiur Rahman had resigned from the top position of the country's central bank amid widespread criticism over $100 million heist by hackers from the BB's account with New York Federal Reserve Bank. The Ministry of Public Administration in a notification on March 16 said Fazle Kabir has been made governor as per section 10 (5) of the Bangladesh Bank Order, 1972 on contractual basis. Fazle Kabir, who was in New York, returned home on Thursday and met Finance Minister AMA Muhith at the minister's official residence in the capital city. While talking to media at the airport on his return from New York, Fazle Kabir said he would put all his efforts to carry out his duties and would take all measures to check recurrence of such incident.