Many moved directly into deputy managing director or managing director positions immediately after retirement.Some even headed commercial banks' training academies, drawing criticism within the central bank and the broader banking sector. Bangladesh Bank has now formally opened that path.The criteria for MD appointments have also changed. "MD salaries in private banks range from Tk 1 million to 1.8 million, creating potential incentives.Prof Zahid said, "This is a complete conflict of interest. Bangladesh Bank spokesperson Arief Hossain Khan defended the decision, saying it addresses staff shortages at top levels and demand for experienced personnel. This allows officers with long regulatory experience to contribute their expertise.
