Jamaat’s concern over appointment of governor based on ‘political considerations’

Jamaat Secretary General Mia Ghulam Parwar has expressed concern over the appointment of Bangladesh Bank Governor based on political considerations. He said that if a person who is a beneficiary of loan rescheduling is appointed as the regulator of the entire banking sector, then questions about credibility are natural.
He expressed this concern in a statement on Jamaat’s verified Facebook page today, Thursday (February 26). Mia Ghulam Parwar said that the post of central bank governor is not a formal or ceremonial responsibility; it is one of the most important posts in a country. Maintaining monetary policy stability, regulating the banking sector, maintaining financial discipline and creating domestic and international confidence depends on the person in this post.
When the people demanded structural changes after the July mass movement, establishing leadership based on merit and merit should have been the government’s top priority. According to him, the quota movement was not just a question of quotas; “It was a historic step in demanding meritocracy and efficient administration,” he added. However, the Jamaat secretary general feels that the appointment of the new Bangladesh Bank governor sends a completely opposite message to those expectations.
Mia Golam Parwar said this is the first time in the country’s history that an industrialist has been appointed to the post of central banker, whose company’s loan of about Tk 89 crore was rescheduled under special policies shortly before the appointment. He was also a member of the election steering committee of the current ruling party. Senior bankers have already expressed concerns about conflict of interest and institutional independence. If a person who benefited from loan rescheduling is appointed as the regulator of the entire banking sector, then questions of credibility are natural.
According to him, Bangladesh’s progress is not possible without a strong, independent and efficient leadership institution. Decisions taken without ignoring political loyalty, merit and competence not only erode internal trust, but also create a crisis of trust in the international community. How can a person who faces challenges in running a medium-sized institution ensure the financial stability of an entire country? This question naturally arises today.
Finally, in a statement, Mia Golam Parwar said that this decision could signal the end of Bangladesh Bank’s independence, at a time when the country’s economy needs credibility, professionalism, and talent-based leadership the most.