Bayazid Sarker
| Muhammad Bayazid Sarker | |
|---|---|
 | |
| Born |
1 January 1971 Chapai Nawabganj, Bangladesh |
| Nationality | Bangladeshi |
| Institution | Bangladesh Bank [The Central Bank of Bangladesh] |
| Field |
Banking, International monetary economics |
| Contributions | Migrants sponsored banking known as NRB banks, Cross border money demand function [an extension of Keynesian money demand function ] ,Privatization under private organization |
Muhammad Bayazid Sarker (born 1 January 1971) is a Bangladeshi economic researcher and central banker. He has been working in Bangladesh Bank (BB) since 1999 and his current position is Joint Director in Chief Economist’s Unit. He is also an adjunct assistant professor of business school of Southeast University. In 2007, Sarker developed a theoretical structure of migrants’ sponsored bank [MSB] as an alternative source of external financing for developing economies like Bangladesh 11. The idea of MSB also presented by Sarker in Kuala Lumpur, April 15, 2008. According to Sarker’s developed concept, MSB banking model is equally applicable for developing or emerging economies deficient in both capital and foreign exchange coupled having a good base of non-residents earning abroad.
Early life and education
The sixth of nine children, Sarker was born on 1 January 1971 to a Muslim family in the village of Sarkerpara under Cahapai Nawabganj district, a west-northern part of Bangladesh. His father was Md. Latifur Rahman Sarker, a public health inspector, and his mother was Sekina Khatun. His early childhood was spent in the village. He finished his Master of Social Science in Economics from Dhaka University in 1997. In 2010, Sarker was awarded Master of Public Policy from National Graduate Institute of Policy Studies [GRIPS], Tokyo. In 2012, Mr. Sarker also finished his MBA in International Business from Dhaka University.
After graduation
After his graduation, he engaged with some research works under Bangladesh Institute of Development Studies [BIDS] and couple of private research firms for two years. In March 1999 he joined in BB as an Assistant Director. In his central banking job, Sarker works in bank examination, foreign exchange, public debt management, risk management and banking regulation departments. During the central banking job, Sarker visited Malaysia, Singapore, Philippines and India for participating different international training and seminars.
His concept of migrants’ sponsored banking for encouraging self-dependency in development financing of emerging labor exporting countries. The idea partially implemented in Bangladesh.
Personal life
In 2003, Sarker got married with Mahfuja Hoque Sarker. She works in a local private commercial bank. They have one son Ismail Sarker and one daughter Juwairyah Amreen Sarker. They reside in Banani, Dhaka.
Research Papers and Articles
| International Seminar Paper |
Sarker M. B. (2008): “Migrants’ Remittance backed local currency bond can be an effective option for financial stability in developing states.” Presented at an international seminar on 15 April 2008 at Grand Millennium Hotel, Kuala Lumpur, organized by Bank for International Settlements (BIS) and SEACEN Centre. |
| Publication (Articles) | Sarker M. B. (2007): “Alternative Resource of World Bank for External Financing in Bangladesh: A Foreign Remittance Approach”. Bangladesh economic association Journal 2010, (2) 689-701. Bangladesh Bank Parikrama, May 2007,Dhaka;The Financial Express, Sep., 29, 2007 ; presented at 16th Biennial Conference of Bangladesh Economic Association, Dhaka, Dec., 15, 2007, coverage with electronic medias’ head line. |
| Publication (Policy Paper) | Sarker M. B. (2008): “Required Regulatory Reforms for Investment Friendly Climate in angladesh: An Analytical Approach.” The Cost and Management (Bi-monthly Journal of ICMAB, ISSN 1817-5090), Vol.-XXXVI, No-6, Nov.-Dec., 2008, Dhaka. |
| Publication (Policy Paper) | Sarker et al. (2012): “Privatization under Private Organization.” The Cost and Management (Bi-monthly Journal of ICMAB, ISSN 1817-5090), Vol.-XL, No-1, Jan.-Feb., 2012, Dhaka. |
| Publication (Research Paper) | Sarker M. B. (2010): “Determinants of Remittance Inflow: The Case of Bangladesh.” A quantitative research, based on time series analysis completed under supervision of Prof. Xing, GRIPS, Tokyo, July, 2010. Covering data up to 2012 the model has been re-examined again and presented in Research Conference organized by Bangladesh Bank, Dhaka on December 20, 2012 |
| Publication (Working Paper) | Sarker M. B. (2011): “Dollar Monopoly in International Currency System: Prospect of Asian Common Currency” Bangladesh Bank Parikrama, May 2011, Single seminar paper presented at Bangladesh Bank, Dhaka, November 16, 2011. Also presented at 18th biennial conference of Bangladesh Economic Association on September 13, 2012 |
| Publication (Working Paper) | Wadood & Sarker (2012): “Developments in Risk Resilience Capacity of Banks in Bangladesh under Basel Framework” presented in Annual Banking Conference organized by Bangladesh Institute of Bank Management [BIBM], Dhaka on December 24, 2012 |
| Publication (Working Paper) | Wadood, Islam & Sarker (2013): “An Analysis of Shock Absorbent Fund of Banking Sector in Bangladesh” presented in Annual Banking Conference organized by BIBM, Dhaka on November 25, 2013. |
| Policy Analysis | Sarker (2014): “An Analysis of Recent Slow Moving Credit Flow” presented to the high level policy makers of Bangladesh Bank, organized by Banking Regulation and Policy Department [BRPD], Bangladesh Bank, Dhaka on July 10, 2014. |
References
- Sarker, M.B. (2010). Bangladesh Economic Association Samoiki 2010. pp 689-701.
- Financial Express
- A foreign remittance approach
- The Financial Express, April 11, 2013 pp-9,16
- The daily Prothom Alo, March 27, 2013.p-12
- The daily Bonik Barta, April 02, 2013 p-7
- The Orthoniti Protidin, April 08, 2013 p-7
- Cross border money demand function
- Privatization under private organization
- Slow moving credit flows
- History of NRB Banks Invention