Citizendia

Fakhruddin Ahmed
ড. ফখরুদ্দীন আহমেদ
Fakhruddin Ahmed

Fakhruddin Ahmed (R) with Parvez Musharraf (M) and Hamid Karzai (L)


Incumbent
Assumed office 
12 January 2007
PresidentIajuddin Ahmed
Preceded byFazlul Haque

Born1 May 1940 (1940-05-01) (age 68)
Munshiganj, British India
Political partyNone
ReligionSunni Islam

Dr Fakhruddin Ahmed (Bengali: ড. General (ret Pervez Musharraf ( (born 11 August 1943 NI(M, HI(M, TBt, is the former Military dictator and President of Hamid Karzai ( حامد کرزي, حامد کرزي) (born 24 December 1957) is the current President of Afghanistan, since December The Prime Minister of Bangladesh is in practice the most powerful political position in Bangladesh. Events 475 - Basiliscus becomes Byzantine Emperor, with a coronation ceremony in the Hebdomon palace in Constantinople Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Iajuddin Ahmed ( ইয়াজউদ্দিন আহম্মেদ (born February 1, 1931) is the current President of Bangladesh and has been in Events 305 - Diocletian and Maximian retire from the office of Roman Emperor. Year 1940 ( MCMXL) was a Leap year starting on Monday (link will display the full 1940 calendar of the Gregorian calendar. Munshiganj ( Bangla:মুন্সীগঞ্জis a district in central Bangladesh. For usage see British rule in India British Raj ( rāj, lit "reign" in Hindustani) primarily refers to the British Sunni Islam is the largest denomination of Islam. Sunni Islam is also referred to as Ahl as-Sunnah wa’l-Jamā‘h (Arabic ফখরুদ্দীন আহমেদ Fokhruddin Ahmed)(born May 1, 1940, Munshiganj, British India) is a noted Bangladeshi economist, civil servant, and a former governor of the Bangladesh Bank, the country's central bank. Events 305 - Diocletian and Maximian retire from the office of Roman Emperor. Year 1940 ( MCMXL) was a Leap year starting on Monday (link will display the full 1940 calendar of the Gregorian calendar. Munshiganj ( Bangla:মুন্সীগঞ্জis a district in central Bangladesh. For usage see British rule in India British Raj ( rāj, lit "reign" in Hindustani) primarily refers to the British ( Bengali: বাংলাদেশ inc-Latn Bangladesh) officially Bangladesh Bank is the Central bank of Bangladesh. History After the liberation war, and the eventual independence of Bangladesh A central bank, reserve bank, or monetary authority is the entity responsible for the Monetary policy of a country or of a group of member states He was appointed as the Chief Adviser (Head of the Government) of the non-party interim caretaker government of Bangladesh on 12 January 2007, amidst chaos in Bangladeshi politics. The caretaker government of Bangladesh (বাংলাদেশের তত্ত্বাবধায়ক সরকার is a form of government system in which the country ( Bengali: বাংলাদেশ inc-Latn Bangladesh) officially Events 475 - Basiliscus becomes Byzantine Emperor, with a coronation ceremony in the Hebdomon palace in Constantinople Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. The 2006–2008 Bangladeshi political crisis began in October 2006 when a caretaker government — designated by the constitution to oversee the vote — assumed

Contents

Profile

Dr. Fakhruddin Ahmed, son of Dr. Mohiuddin Ahmed, took the oath of office as Chief Adviser of the Caretaker Government of the People's Republic of Bangladesh on 12th January 2007. Prior to this appointment, he worked as Chairman of Palli Karma-Sahayak Foundation (PKSF) from June 2005 to January 2007. PKSF is the largest apex fund for micro credit in the world, currently providing financial and institution-building assistance to over two hundred micro-finance institutions. From October 2001 to April 2005, Dr. Ahmed served as Governor of the Bangladesh Bank. A governor is a governing official usually the executive (at least nominally to different degrees also politically and administratively of a non-sovereign level of government Bangladesh Bank is the Central bank of Bangladesh. History After the liberation war, and the eventual independence of Bangladesh

While he was Governor, Dr. Ahmed introduced wide-ranging reforms in the conduct of monetary and exchange rate policy, in the development of new financial markets (bond market) and financial instruments (securitization), and in the operation of the financial system. The financial sector reforms included stronger corporate governance measures at the board level and also on internal policies, processes and structures within the banking industry and for non-bank financial institutions. Other significant reforms undertaken during his tenure included strengthening the capacity of the Bangladesh Bank. Dr. Ahmed’s major achievements included : (i) floating the exchange rate with minimal volatility, (ii) introducing interest rate flexibility and bringing down the interest rate substantially, which in turn contributed to a significant increase in industrial investment, (iii) introducing major corporate governance measures for the first time in the Bangladeshi corporate sector, and (iv) making the Bangladesh Bank an effective regulator and enforcer. The reforms implemented during Dr. Ahmed’s tenure contributed to macroeconomic and financial sector growth and stability in a major way.

Previously, Dr. Ahmed served for over twenty years at the World Bank, where his work focused on macroeconomic issues as well as on other sectoral and policy issues related to development. The World Bank is an internationally supported Bank that provides financial and technical assistance to developing countries for development programs (e During his years at the World Bank, he worked across a number of countries in South Asia, East Asia and Africa.

Prior to joining the World Bank, he served for fifteen years in the erstwhile Civil Service of Pakistan and in the Government of Bangladesh, lastly as Joint Secretary, Economic Relations Division, Ministry of Finance. The Central Superior Services of Pakistan (or commonly known as CSS is the name given to a group of highly prestigious and powerful Pakistani Federal Government Departments Politics of Bangladesh takes place in a framework of a parliamentary representative democratic Republic, whereby the Prime Minister of Bangladesh Dr. Ahmed began his professional career as a Lecturer in Economics at Dhaka University. The University of Dhaka (commonly referred to as Dhaka University or just DU) ( Bengali: ঢাকা বিশ্ববিদ্যালয় Đhaka

Dr. Ahmed obtained the first position in his class (first class first) in both BA (Hons. ) and MA in Economics from Dhaka University. The University of Dhaka (commonly referred to as Dhaka University or just DU) ( Bengali: ঢাকা বিশ্ববিদ্যালয় Đhaka He subsequently received another MA in Development Economics from Williams College, USA, and a PhD in Economics from Princeton University, while on leave from his civil service appointment. Williams College is a highly selective private liberal arts college located in Williamstown, Massachusetts. Princeton University is a private Coeducational research university located in Princeton, New Jersey. [1]

2007 interim caretaker government

On 12 January 2007, President Iajuddin Ahmed swore him in as Chief Adviser to the Interim Caretaker Government. Iajuddin Ahmed ( ইয়াজউদ্দিন আহম্মেদ (born February 1, 1931) is the current President of Bangladesh and has been in He is respected on both sides of the sharp political divide in Bangladesh and is credited with bringing an end to the anarchy that had threatened to sweep the troubled nation. Anarchy (from αναρχία anarchía, "without ruler " may refer to any of the following "Absence of government a state of lawlessness For a country widely perceived as one of the world's most corrupt, the most dramatic aspect of Ahmed's rule is his antigraft campaign against the establishment. So far, more than 160 senior politicians, top civil servants and security officials have been arrested on suspicion of graft and other economic crimes [2]. The roundup has netted former ministers from the two main political parties, including former prime ministers Sheikh Hasina and Khaleda Zia. Sheikh Hasina Wazed (শেখ হাসিনা ওয়াজেদ Shekh Hasina Oajed) (born September 28 1947 was the Prime Minister of Bangladesh from 1996 Khaleda Zia ( খালেদা জিয়া (born 15 August 1945) was the Prime Minister of Bangladesh from 1991 to 1996 the first woman


Ahmed fainted while giving a speech at a tree-planting event on June 3, 2007, apparently due to the heat, and was hospitalized. Events 350 - Roman usurper Nepotianus, of the Constantinian dynasty, proclaims himself Roman Emperor, entering Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. He was released from the hospital later on the same day and said that he was well on June 4, 2007 [3].

References

  1. ^ Bangladesh Government Web
  2. ^ Time Magazine
  3. ^ Television report: Bangladesh's interim leader faints while giving speech - International Herald Tribune

External links

Political offices
Preceded by
Fazlul Haque
Chief Adviser of Bangladesh
2007–present
Incumbent
The Prime Minister of Bangladesh is in practice the most powerful political position in Bangladesh. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century.
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