Nobel laureate Muhammad Yunus to lead Bangladesh interim government

By Vivek Dubey By Vivek Dubey CNBC-TV18.com CNBC-TV18.com Published Aug 08, 2024 Published Aug 08, 2024

Nobel Laureate

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Bangladeshi Economist

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Early Life

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Academic Journey

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Educational Achievements

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Academic Leadership

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Microcredit Pioneer

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Global Influence

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Political Tensions

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Legal Battles

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Accolades and Awards

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What's next for Bangladesh. In five points

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Nobel laureate Muhammad Yunus to lead Bangladesh interim government

Nobel Laureate

Muhammad Yunus, a Nobel Prize winner, has been selected to lead Bangladesh's interim government.

Bangladeshi Economist

Yunus is a renowned economist from Bangladesh and the founder of the Grameen Bank.

Early Life

Born on 28 June 1940 in Chittagong, British India, now Bangladesh.

Academic Journey

Yunus studied at Dhaka University, then received a Fulbright scholarship to study economics at Vanderbilt University, USA.

Educational Achievements

He earned his PhD from Vanderbilt University and briefly taught there before returning to Bangladesh.

Academic Leadership

In 1972, Yunus became head of the economics department at Chittagong University, studying poverty from 1974.

Microcredit Pioneer

In 1976, Yunus started offering small loans to the poor in Bangladesh to help them start businesses, founding Grameen Bank in 1983.

Global Influence

Grameen Bank's success inspired similar microfinancing efforts worldwide, aiding poverty alleviation.

Political Tensions

Yunus had a contentious relationship with former Bangladesh PM Sheikh Hasina, facing numerous legal challenges.

Legal Battles

He faced 190 cases, which he claimed were politically motivated, following a documentary alleging tax dodging.

Accolades and Awards

Yunus received many awards, including the Nobel Peace Prize, Presidential Medal of Freedom, and Seoul Peace Prize.

What's next for Bangladesh. In five points

What's next for Bangladesh. In five points