Md. Mostakur Rahman has officially joined Bangladesh Bank as its new governor. He arrived at the central bank’s headquarters on Thursday morning around 10:45 a.m., where he was received by deputy governors and senior officials. Before entering the building, Rahman briefly told reporters that work would come before words.

His appointment came a day earlier, on Wednesday, when Ahsan H. Mansur was removed from the position and businessman Mostakur Rahman was named as the new governor for a four-year term. According to the report, he has taken up the role after stepping away from his business affiliations.

The report also notes that Transparency International Bangladesh (TIB) has expressed concern about potential conflicts of interest regarding the new governor’s appointment, while the interim government period has seen a rise in domestic borrowing by Tk 1.13 trillion. The central bank spokesperson confirmed that Rahman assumed his duties free from business ties.