Mostakur Rahman, a professor in the Accounting Department at the University of Chittagong, is set to become the new governor of Bangladesh Bank. The appointment, reported by the Ministry of Finance on Wednesday afternoon, will replace Dr. Ahsan H. Mansur, who currently holds the position.

Dr. Mansur had been appointed as governor by the interim government following the fall of the Sheikh Hasina administration. He had succeeded former governor Abdur Rouf Talukder at that time. The latest change marks another transition in the leadership of the central bank amid ongoing adjustments in the country’s financial administration.

The report did not specify when Mostakur Rahman will formally assume office or the reasons behind the leadership change at Bangladesh Bank.