Will try to further expand Nagad’s business: Administrator 

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Business Desk :

Muhammad Badiuzzaman Didar, the newly appointed administrator of Nagad Ltd and director of Bangladesh Bank, on Thursday said that the central bank was not attempting to shut down Nagad, one of the country’s leading mobile financial services providers, rather it was working towards ensuring the company’s further development.
The administrator, addressing a press briefing at Nagad Ltd.’s headquarters after taking charge, said that his and his associates’ goal was to stop all the negative propaganda against Nagad and help the company move forward, said a press release on Thursday.
Earlier, on Wednesday, Bangladesh Bank issued a letter appointing Muhammad Badiuzzaman Didar, director of the Chattogram office, as the administrator of Nagad Ltd.
Along with him, the bank also appointed additional director Md Habibur Rahman, joint directors – Anwar Ullah, Palash Mondal, Abu Sadat Mohammad Yasin (ICT), deputy director (ICT) Chayan Biswas, and deputy director Md Ayub Khan as the associates of the administrator.
Additionally, three officials from the Postal Department have been assigned to Nagad’s office. On Thursday morning, the ten officials took charge of their responsibilities.
Administrator Badiuzzaman Didar at the press briefing said, ‘Recently, we have observed some rumours spreading about the Postal Department’s digital financial service, Nagad. Nagad is a massive institution with over 9.5 crore customers. If this institution is harmed by such rumours, the country’s economy will suffer too. So, we are here to put an end to all types of rumours and to further increase customer trust. Bangladesh Bank has not come to shut down Nagad; we are here to assist Nagad in moving forward.’