Bangladesh Bank Governor Ahsan H. Mansur left office on Wednesday amid protests and internal unrest among bank officials. Following his departure, the government canceled his appointment and named businessman Mostakur Rahman as the new governor. The situation inside the central bank turned chaotic as officials expelled the governor’s adviser Ahsan Ullah and security director Faruk Howlader, prompting additional police deployment.

Earlier in the day, the Bangladesh Bank Officers’ Welfare Council held a protest demanding withdrawal of show-cause notices and transfers of three officials. They accused the governor of autocratic behavior and ignoring legitimate demands. Several senior officials criticized Mansur for excessive contractual appointments and questioned his leadership decisions. In response, Mansur held a press conference describing the protests as a conspiracy by vested interests and defended his policies on bank mergers and depositor protection.

Shortly after his press conference, news broke that the government had appointed a new governor. Mansur said he had not resigned but left after learning of the appointment through media reports.