The legendary Muhammad Yunus, winner of the 2006 Nobel Prize and founder of Grameen Bank, has stepped in as the interim leader of Bangladesh. Tasked with rescuing the country from turmoil and organizing fresh elections following PM Sheikh Hasina’s forced resignation, Yunus’ appointment signals a new era of hope for reform and democratic change in the South Asian nation.
By Lisa Zengarini
A pioneer in microfinance and a longstanding critic of former PM Hasina, the 84-year-old economist was sworn in as Chief Adviser on Thursday evening at the presidential palace in Dhaka.
His appointment comes in the wake of Prime Minister Sheikh Hasina’s resignation, forced by student protests against a contentious job quota system that escalated into a nationwide uprising against her autocratic 15-year rule.
Proposed by the Anti-discrimination Student Movement, Yunus, also known as the “Banker of the Poor” for his microfunding work, brings a fresh perspective to government leadership, aiming to address the grievances and aspirations of the Bangladeshi population.
The interim government faces significant challenges, including establishing law and order, reviving the economy, and ensuring free and fair elections. Additionally, concerns arise over rising violence against religious minorities, such as Hindus and the Ahmadiyya Muslim sect, prompting calls for immediate measures to protect vulnerable communities.
Amidst the political transition, Bangladesh’s diverse religious landscape underscores the need for unity and tolerance, as the country navigates through a critical period of change and transformation.