2024-09-20 14:37:32
Published: 08:48, 18 September 2024
Bangladesh Bank has formed a management board to determine the future action plan and strategic management of the mobile financial service provider ‘Nagad’. Former Bangladesh Institute of Development Research (BIDS) Director General KAS Murshid has been appointed as the Chairman of the new management board of Nagad.
The Central Bank has sent a letter in this regard to the Director General of the Department of Posts on Tuesday (September 17).
The other members of the management board are – BRAC University’s BRAC Institute of Governance and Development (BIGD) Visiting Research Fellow Khandaker Sakhawat Ali, private institution Policy Research Institute (PRI) research director Bajlul Haque Khandkar, former executive director of Bangladesh Bank. Anwar Hossain and Postmaster General of Bangladesh Postal Department. Farid Ahmed.
According to the letter, the Digital Financial Service of Bangladesh Postal Department is in the public interest under section 18(4) of the ‘Payment and Settlement System Act, 2024’ in order to determine the future action plan and strategic management of cash and to provide necessary guidance to the administrator and his support team appointed by Bangladesh Bank. Cash Management Board has been formed.
NF/Rafiq