Case study New deputy

May 29th, 2015
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Texas Woman's University
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The new officials along with two senior advisers and the most senior deputy governor, Md Abul Quasem, will form the governor's senior management team.

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New deputy governors for BBNazneen Sultana becomes the first woman for the postStar Business ReportBangladesh Bank yesterday announced appointments of three deputy governors, with Nazneen Sultana becoming the first woman to hold the post in the history of the central bank.Abu Hena Mohd Razee Hassan and Shitangshu Kumar Sur Chowdhury are the two other deputy governors, the central bank said in a statement.Prior to the contractual appointment for a three-year term, they were the executive directors of BB.The appointment of Sultana shows consistence with its new gender policy, BB said. The new officials along with two senior advisers and the most senior deputy governor, Md Abul Quasem, will form the governor's senior management team.Nazrul Huda, Ziaul Hassan Siddiqui and Murshid Kuli were the previous deputy governors who completed their tenures in December.Weak taka makes imports costlier, lives miserableSajjadur RahmanFor nearly one year, the taka has been losing ground against the dollar. The exchange rate, which for six years had hovered between Tk 68 and Tk 70, came crashing down since the second half of 2011 and reached Tk 85 yesterday.Analysts said, despite the temporary reprieves to exporters and remitters, an import-dependent nation like Bangladesh has a number of challenges to cope with any time its currency sheds value. Real sector operators and consumers, who spoke with The Daily Star, said the devaluation could worsen their plight amid a soaring infl

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