Muhammad Yunus remains managing director of Grameen Bank after the microfinance lender’s chairman said Bangladesh’s central bank had removed the Nobel Prize winner from the post, Grameen’s spokeswoman said.
Tanda Srinivas was lounging in the yard of his two-room house in the southern Indian village of Mondrai shortly after noon on Oct. 28 when his wife, Shobha, burst out of the door covered in flames and screaming for help.
Muhammad Yunus , the Nobel Prize- winning microfinance pioneer, said Bangladesh’s government is trying to oust him as managing director of Grameen Bank in an attempt to take control of the institution.
Bangladesh Bank, the country’s central bank and financial regulator, said Muhammad Yunus , the 2006 Nobel Peace prize winner and a pioneer of microfinance, is too old at 70 to be managing director of Grameen Bank, the Financial Times reported.
Muhammad Yunus choked back tears as he surveyed the wreckage: pulverized buildings, debris strewn for miles along urban waterfronts, giant ships sitting atop roads like discarded toys, macabre memorials to the thousands of dead and missing.