Nagad gets new administrator

Business Report :

Bangladesh Bank on Thursday appointed Mohammad Motasim Billah, director of the central bank’s Chattogram office, as the new administrator for mobile financial service provider Nagad, the postal department’s digital service.

Dider was appointed as Nagad’s administrator on August 21 last year amid allegations of irregularities in its operations.

He resigned after being injured by an attack by unidentified miscreants on February 12. The attackers also vandalised his vehicle with hammers, causing injuries to his chauffeur.

Motasem Billah, who previously served as director of the Bangladesh Bank’s Chattogram office, will be the new administrator of the mobile financial services provider, according to an order issued by the central bank.

On the day Dider came under attack, a team from the Anti-Corruption Commission conducted a drive at Nagad’s office.