The government is going to extend the tenure of Bangladesh Bank (BB) Governor Dr Fazle Kabir for another two years after completion of his 65 years of age .
The cabinet today in principle approved the draft of “The Bangladesh Bank (Amendment) Act, 2020” by abolishing the ‘proviso’ of the 65-year age limit for the governor of the central bank.
The approval came at the regular cabinet meeting held at the cabinet room of the Jatiya Sangsad Bhaban with Prime Minister Sheikh Hasina in the chair, Cabinet Secretary Khandaker Anwarul Islam told a press briefing after the meeting.
Earlier, the government approved the contractual appointment of the governor Fazle Kabir until he reaches the age limit for retirement at 65. The extended tenure will expire on July 3 this year.
Fazle Kabir, former finance secretary, joined as the 11th Governor of the central bank on March 20, 2016.
Fazle Kabir started his professional career in 1980 in the Railway Transpotation and Commercial cadre of Bangladesh Civil Service.
In 1983, he joined the BCS Administration cadre. During his 34 years of civil service, Kabir held various key positions in different ministries and also in the field administration.
He served as the Deputy Commissioner and District Magistrate of Kishoreganj district, Joint Secretary in the Ministry of Education, Director General of the National Academy for Planning and Development, Director General of the BCS Administration Academy, Secretary at Ministry of Railways and Secretary at Finance Division of the Ministry of Finance.