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Following the cancellation of Bangladesh Bank Governor Ahsan H. Mansur’s appointment, five senior officials of the central bank were reassigned. The internal order, issued on Wednesday, transferred four directors and one additional director to new departments or offices. The reshuffle included changes between the Human Resources, Financial Institutions Inspection, and Banking Regulations and Policy departments, as well as postings to the Motijheel and Sadarghat offices. The order stated that the transfers would take immediate effect, and officials were instructed to hand over their current duties before joining their new posts.
In a separate order, the bank canceled earlier transfer orders for three officials who had been reassigned after being served show-cause notices. These included the director of the SME and Special Programs Department, an additional director from the Foreign Exchange Policy Department, and a joint director from the Banking Regulations and Policy Department.
The administrative changes come amid broader internal adjustments at Bangladesh Bank following the leadership transition.
Bangladesh Bank reassigns five senior officials following governor’s dismissal
Bangladesh Bank Governor Ahsan H. Mansur left office on Wednesday amid protests and ultimatums from officials. Shortly after his departure, the government canceled his appointment and named businessman Mostakur Rahman as the new governor. Mansur held an emergency press conference at 2 p.m., describing the protests as a conspiracy by vested interests. He said issues such as bank mergers, state policy, and political economy were not matters for employee organizations to debate.
Mansur explained that the merger process aimed to protect the interests of 7.6 million depositors who had been unable to withdraw their funds for two years. He alleged that a group was spreading misinformation to derail the recovery of merged banks and return them to former owners. Responding to questions about resignation demands, he said he came to serve, not for a job, and would act according to administrative procedures.
After the press conference, media outlets reported the government’s appointment of a new governor. Mansur told journalists he had not resigned but left the office after seeing the news of the new appointment on television.
Ahsan H. Mansur leaves Bangladesh Bank amid protests; Mostakur Rahman appointed new governor
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.
Bangladesh Bank governor Ahsan H. Mansur leaves amid protests; government appoints Mostakur Rahman
A 5.1 magnitude earthquake struck Myanmar’s Sagaing region on Wednesday night, February 25, 2026, at around 10:51 p.m. local time, with tremors felt across Bangladesh including the capital Dhaka. The Meteorological Department’s Seismic Observation Center confirmed the event, noting that the quake originated about 75 kilometers southeast of Myanmar’s Maulike area at a depth of approximately 101 kilometers.
Meteorologist Farzana Sultana stated that the epicenter was in neighboring Myanmar, about 462 kilometers from Dhaka, and described it as a moderate earthquake. The tremors were more noticeable in Cox’s Bazar and surrounding areas, where residents in places such as Ukhiya, Teknaf, Ramu, Lama, and Naikhongchhari reported shaking.
Residents in multi-story buildings in Cox’s Bazar said they felt the tremor strongly and were alarmed. This follows an earlier 5.9 magnitude earthquake recorded on February 3 in the same region, indicating continued seismic activity near Bangladesh’s southeastern border.
Moderate 5.1 quake in Myanmar shakes Dhaka and several parts of Bangladesh
Commerce Minister Khandaker Abdul Muktadir said that Bangladesh is reviewing trade and tariff issues with the United States, describing the situation as still evolving. He made the remarks on Wednesday, February 25, after a meeting with business representatives at the Ministry of Commerce to determine the next steps regarding the trade agreement with the U.S. State Minister for Commerce Md. Shariful Alam, Commerce Secretary Mahbubur Rahman, senior officials, and business leaders were present.
The minister explained that the U.S. Supreme Court had declared previous tariff rates untenable, leading to new tariffs of 10 percent and later 15 percent for all countries. However, Bangladesh has not yet received any official written communication from the U.S. government. He added that under U.S. law, the new tariff interpretation must be approved by Congress within 150 days. The minister also noted that the previous interim government had signed a trade deal with the U.S., but its implications are still under review.
He emphasized that the agreement remains sensitive and that premature comments could be inappropriate. Business representatives discussed sectoral challenges and market issues during the meeting.
Bangladesh reviews evolving trade and tariff issues with the United States
Finance Minister Amir Khasru Mahmud Chowdhury said the replacement of the Bangladesh Bank governor is part of a broader set of changes under the new government. Speaking to reporters at the Secretariat on February 25, 2026, he explained that the government is making adjustments in various institutions to implement its priorities and programs. He described the process as normal and said further changes would occur as needed.
The government recently removed Dr. Ahsan H. Mansur from the post of Bangladesh Bank governor and appointed Md. Mostakur Rahman, F.C.M.A., in his place. According to a notification from the Financial Institutions Division, Rahman will serve a four-year term under the Bangladesh Bank Order, 1972, effective immediately. He must sever ties with other organizations before assuming office and will receive salary and benefits from the central bank as per contract terms.
Dr. Mansur had been appointed in August 2024 for a four-year term but was removed after about one and a half years in the position.
Finance minister says Bangladesh Bank governor change part of normal government restructuring
Nagad has announced a special campaign for users of its Islamic Wallet during the holy month of Ramadan, offering participants the opportunity to perform Umrah. According to the company, users must complete transactions totaling at least 3,000 taka, excluding person-to-person (P2P) transfers, to qualify for the campaign. The initiative will run from the first to the last day of Ramadan, with winners selected through a lottery among eligible participants. Selected winners will be contacted directly by Nagad Islamic’s customer service center.
Professor Dr. H. M. Shahidul Islam Barakati, chairman of the Nagad Islamic Shariah Board, stated that the campaign aims to encourage devout Muslims to use Nagad Islamic for their Ramadan purchases and transactions, offering them a chance to visit the holy Kaaba. Nagad clarified that all campaign-related decisions rest with the company and that participants must have active, fully verified Islamic Wallet accounts.
The company also warned that any attempt to misuse the campaign or engage in suspicious transactions would result in immediate disqualification from the program.
Nagad offers Islamic Wallet users chance to win Umrah trip during Ramadan campaign
Japanese trading and investment giant Mitsui & Co. has entered into a strategic partnership with ACI Logistics Limited, the operator of Bangladesh’s largest retail chain, Shwapno. The agreement was signed on February 25, 2026, at the ACI Centre in Dhaka, attended by senior executives from both organizations. Under the deal, Mitsui, through its subsidiary, will provide a structured convertible loan facility in foreign currency to ACI Logistics, subject to legal approvals.
Mitsui & Co., a multinational enterprise with operations in over 60 countries, is recognized for its technical expertise, global sourcing capabilities, and extensive industrial experience. The partnership aims to support ACI Logistics in achieving its strategic goals, with Mitsui expressing strong confidence in Shwapno’s leadership, operational efficiency, and ability to deliver quality products and superior shopping experiences to Bangladeshi consumers.
Looking ahead, Mitsui plans to work closely with Shwapno to enhance operational excellence, governance, supply chain optimization, and sustainability within Bangladesh’s modern retail sector.
Mitsui partners with ACI Logistics to boost Shwapno’s retail operations in Bangladesh
Bangabandhu Sheikh Mujibur Rahman Agricultural University (GAKRIBI) in Gazipur has developed the country’s first high drought-tolerant inbred soybean variety named ‘GAU Soybean 6’. The innovation, led by Professor Dr. M. A. Mannan of the Department of Agronomy, marks the university’s 94th crop variety development. The National Seed Board officially released the variety on November 11, 2025, following five years of successful field evaluation in Noakhali, Lakshmipur, and Bhola with support from Solidaridad Network Asia.
The variety was selected from 250 germplasms collected from Taiwan, Bangladesh, and South Korea after three years of testing. It can withstand severe drought conditions at 50–60% field capacity and yield 3.2–3.8 tons per hectare. Each plant produces 80–100 pods, and the seeds weigh about 230 grams per 1,000. Its low trypsin content enhances protein absorption in poultry feed, making it valuable for the poultry industry. The crop matures in about three months, offering farmers higher returns in less time.
University officials described the innovation as a milestone for sustainable agriculture, with potential to strengthen food security and improve farmer livelihoods in drought-prone coastal regions.
Bangladesh develops first high drought-tolerant soybean variety GAU Soybean 6
China has announced plans to increase its investment in Bangladesh, citing the country’s current political stability. The decision was conveyed by Chinese Ambassador Yao Wen during a meeting with Bangladesh’s Home Minister Salahuddin Ahmed at the Secretariat in Dhaka on Wednesday afternoon. The minister urged Chinese investors to expand their ventures in Bangladesh, emphasizing the long-standing friendship and strategic partnership between the two nations.
During the meeting, both sides discussed enhancing cooperation in security, law enforcement, cybercrime prevention, police training, and trade. The ambassador noted that around 10,000 Chinese nationals are working in various sectors in Bangladesh and stressed the importance of maintaining law and order to support investment growth. He also invited Bangladesh to join China’s proposed International Alliance Combating Telecom and Cyber Fraud.
The Home Minister directed officials to review the expired memorandum on law enforcement training cooperation and informed the ambassador of his intention to visit China at a convenient time. Senior officials from the ministry and the Chinese embassy attended the meeting.
China plans to boost investment in Bangladesh amid stronger bilateral and security cooperation
The Hollywood horror-thriller film 'Scream 7' is set for a global release on February 27, 2026, including screenings at Star Cineplex in Bangladesh. The film, directed by Kevin Williamson, continues the long-running 'Scream' franchise that began in 1996. It follows the story of Sidney Prescott, who has built a new life in Pine Grove, Indiana, only to face a new Ghostface killer targeting her daughter. The cast includes Neve Campbell, Jasmine Savoy Brown, Mason Gooding, David Arquette, Matthew Lillard, and Courteney Cox.
'Scream 7' blends modern horror with classic slasher elements, focusing on relationships, past confrontations, and a new killer. The project underwent creative restructuring after directors Matt Bettinelli-Olpin and Tyler Gillett, and stars Melissa Barrera and Jenna Ortega, departed in 2023. Filming took place from January to March 2025. Deadline Hollywood reported on February 5, 2026, that the film is expected to perform strongly at the box office, potentially becoming the franchise’s second-highest domestic opening after 'Scream 6'.
Fans speculate that this could be the final chapter of the series, though future sequels remain possible if the film achieves major success.
‘Scream 7’ to release in Bangladesh and worldwide on February 27, 2026
A Bangladesh Agricultural University (BAU) study has identified mustard cultivation as a promising way to reduce the economic risks faced by farmers in the haor wetlands, who rely almost entirely on boro rice. Frequent early floods often destroy the single annual crop, leaving farmers in debt and uncertainty. The research suggests that short-duration mustard can be grown on fallow land between the recession of floodwaters and the start of boro planting, allowing farmers to harvest an additional crop and lessen financial vulnerability.
The project, led by Professor A. K. M. Mominul Islam and supported by Professor Md. Parvez Anwar, has been running since 2023 under BAURES with funding from City Bank. Trials in Kishoreganj’s Mithamain area found that the BINA Sarisha-9 variety sown on November 20 produced the highest yield, while subsequent boro rice crops also performed strongly. Researchers noted that about 40% of haor land remains unused in the rabi season, and integrating mustard could make farming more profitable and resilient.
Field results and farmer feedback indicate growing interest in mustard cultivation, though challenges remain due to uneven water recession and unsuitable lowland plots.
BAU study finds mustard can cut haor farmers’ boro rice risk and boost income
Mostakur Rahman has been appointed as the new governor of Bangladesh Bank, replacing Ahsan H. Mansur. The appointment was confirmed through an official notification issued on Wednesday. Rahman is a Cost and Management Accountant (CMA) with over 33 years of post-qualification experience and holds both bachelor’s and master’s degrees in accounting from the University of Dhaka.
He has been associated with several professional and industry organizations, including the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Real Estate and Housing Association of Bangladesh (REHAB), Association of Travel Agents of Bangladesh (ATAB), and Dhaka Chamber of Commerce and Industry (DCCI). Rahman has served on various key committees within these bodies and has worked closely with regulatory institutions such as Bangladesh Bank and the Chittagong Stock Exchange Limited.
As an entrepreneur and senior financial governance expert, Rahman brings more than three decades of leadership experience in corporate finance, export economy, and financial management. His background includes oversight in manufacturing, real estate, and agribusiness sectors, emphasizing financial planning, investment supervision, and governance frameworks.
Mostakur Rahman appointed Bangladesh Bank governor replacing Ahsan H. Mansur
Bangladesh Bank Governor Ahsan H. Mansur said on Wednesday that recent protests and unrest among some central bank officials were being fueled by a vested group seeking to undermine government policy decisions. Speaking at an emergency press conference at the bank’s headquarters, he stated that the recent administrative actions, including staff transfers and show-cause notices, were aimed at preserving institutional and financial stability, not serving personal interests.
Mansur explained that the government and the central bank jointly provided Tk 32,000 crore in support to stabilize seven banks, protecting around 7.6 million depositors. He said the measures, including equity support and special funds for exporters, were restoring stability in the sector. The governor defended the temporary transfers of some officials following social media misinformation and said further actions would depend on their responses.
He dismissed calls to cancel contractual appointments, noting such practices existed before. Mansur added that the bank’s CSR fund of Tk 450–500 crore was being distributed to educational and medical institutions and that the central bank earned Tk 24,000 crore in profit last fiscal year.
Bangladesh Bank governor blames vested group for unrest over administrative actions
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.
Mostakur Rahman to replace Ahsan H. Mansur as Bangladesh Bank governor
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