The government has decided to appoint former finance secretary Fazle Kabir as the Bangladesh Bank governor.

Kabir will replace Atiur Rahman, who resigned Tuesday morning over the cyber heist to which the Bangladesh Bank has lost over $80 million from its Federal Reserve account in the US.

Finance Minister AMA Muhith told reporters at his office that Kabir, who is now chairman of the state-owned Sonali Bank’s board, will be the new chief of the central bank.

bdnews24.com/TF