Tax Commissioner Ikhtiar Uddin Mohammad Mamun has been appointed as the new head of the Bangladesh Financial Intelligence Unit (BFIU). The Financial Institutions Division of the Ministry of Finance issued a notification on Monday confirming his appointment as the chief of the financial intelligence agency.

According to the notification, the appointment was made under Section 24(1)(gha) of the Money Laundering Prevention Act, 2012 (amended 2015) and Rule 22 of the Money Laundering Prevention Rules, 2019. Mamun, currently a commissioner at the National Board of Revenue, will serve as a full-time officer with the rank equivalent to a deputy governor of Bangladesh Bank. His contractual appointment will be effective for two years from the date he assumes office, subject to relinquishing his duties with other organizations.

The BFIU operates under Bangladesh Bank and is responsible for investigating and preventing money laundering and related financial crimes, as outlined in the relevant laws and regulations.