Central Banks

Bangladesh Bank Chief Quits Abruptly After Government Change

Bangladesh Bank Governor Ahsan H. MansurPhotographer: Fabeha Monir/Bloomberg

The head of Bangladesh’s central bank stepped down in a surprise departure that comes just over a week after the inauguration of the country’s new democratically elected government.

Bangladesh Bank Governor Ahsan H. Mansur confirmed his departure in an interview with Bloomberg News on Wednesday, saying he made the decision after local TV news reported the new government was planning to replace him.