In response to recent political instability in Bangladesh, an interim government has been established with Nobel laureate Muhammad Yunus appointed as its leader. The decision was made during a key meeting chaired by President Muhammad Shahabuddin, where the proposal to appoint Yunus was accepted. The meeting included student leaders and chiefs of the three armed forces.
Yunus, renowned as the ‘Banker of the Poor’ and a prominent figure in the fight against poverty, was the top choice of protesting students for the role of chief adviser to the interim government. Known for founding the Grameen Bank and pioneering the concept of microcredit, Yunus has been instrumental in improving financial conditions for the rural poor in Bangladesh. However, his tenure has also been marked by controversy, with Hasina’s government filing several cases against him for alleged financial misconduct.
Muhammad Yunus, born on June 28, 1940, is a Bangladeshi social entrepreneur, banker, economist, and civil society leader. He was awarded the Nobel Peace Prize in 2006 for his efforts in alleviating poverty through microfinance. In addition to the Nobel Prize, Yunus has received numerous accolades, including the US Presidential Medal of Freedom in 2009 and the Congress Gold Medal in 2010.