Md. Mostaqur Rahman

Md. Mostaqur Rahman, FCMA is the 14th Governor of Bangladesh Bank, the central bank of Bangladesh, having assumed office on 26 February 2026. He is the first businessman to be appointed as Governor of Bangladesh Bank, bringing more than three decades of post-qualification experience in accounting, finance, and industry leadership to the role.

🎓 Education & Professional Qualifications

Md. Mostaqur Rahman has a strong academic and professional foundation in accounting and finance:

• 📊 Bachelor of Commerce (B.Com) in Accounting — University of Dhaka (1987)
• 📊 Master of Commerce (M.Com) in Accounting — University of Dhaka (1988)
• 📋 Cost and Management Accountant (CMA) — Institute of Cost and Management Accountants of Bangladesh (ICMAB), 1992
• 🏆 FCMA (Fellow Member) — Recognized as a Fellow of the Institute of Cost and Management Accountants of Bangladesh

💼 Career Background

Before his appointment as Bangladesh Bank Governor, Md. Mostaqur Rahman built a distinguished career spanning manufacturing, finance, and industry associations. He is the Managing Director and CEO of a private sweater manufacturing and export company, giving him direct experience of Bangladesh's flagship readymade garment (RMG) export sector.

His industry leadership roles have included:

• 🤝 Chairman, BGMEA Standing Committee on Bangladesh Bank (since July 2025) — representing the garment industry's interests with the central bank
• 📈 Board Member, Chittagong Stock Exchange (from 1998) — contributing to capital market development
• 🏭 Member, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) — active in the country's largest export association
• 🏠 Member, Real Estate and Housing Association of Bangladesh (REHAB) — engaged in the real estate sector
• 🏛️ Member, Dhaka Chamber of Commerce and Industry (DCCI) — contributing to chamber activities
• ✈️ Member, Association of Travel Agents of Bangladesh (ATAB) — engaged in the travel and tourism sector

🏛️ Appointment as Governor

On 26 February 2026, Md. Mostaqur Rahman was appointed as the 14th Governor of Bangladesh Bank, succeeding Ahsan H Mansur. His appointment marked a historic moment as he became the first businessman to lead Bangladesh's central bank, bringing private-sector perspective to monetary policy and financial regulation.

His appointment came at a critical juncture for Bangladesh's economy, with the central bank navigating challenges including banking sector non-performing loans (NPLs), foreign exchange reserve management, inflation control, and the broader macroeconomic stabilisation agenda supported by the International Monetary Fund (IMF) programme.

📊 Strategic Priorities as Governor

As Governor of Bangladesh Bank, Md. Mostaqur Rahman's responsibilities encompass:

• 💰 Monetary policy formulation — setting interest rates and managing inflation
• 🏦 Banking sector supervision — overseeing commercial banks and financial institutions
• 💵 Foreign exchange management — managing reserves and exchange rate policy
• 📋 Financial regulation — implementing banking regulations and prudential standards
• 🤝 International engagement — liaising with IMF, World Bank, ADB, and other multilateral partners
• 🔄 Financial inclusion — expanding access to banking services across Bangladesh
• 📈 Payment systems modernization — overseeing digital payment infrastructure

🌐 Industry Perspective

Md. Mostaqur Rahman's background as a businessman and exporter gives him a unique perspective on the intersection of monetary policy and the real economy. His experience as Chairman of the BGMEA Standing Committee on Bangladesh Bank means he has first-hand understanding of how central bank policies affect export-oriented industries, particularly the RMG sector that accounts for over 80 percent of Bangladesh's merchandise exports.

This industry background is expected to inform his approach to central banking, particularly in areas such as export credit facilitation, foreign exchange regulations for exporters, and the broader financial sector reforms needed to support Bangladesh's export competitiveness and economic growth trajectory.