Nobel peace laureate Muhammad Yunus is set to lead Bangladesh’s interim government after Prime Minister Sheikh Hasina’s exit amid a popular uprising. The 84-year-old economist and political rival of Ms. Hasina will restore order following mass protests over a government job quota system, resulting in numerous deaths. Student protest leaders endorsed Yunus’ appointment by President Mohammed Shahabuddin, rejecting a military-led government. The new government’s members will be determined through consultations with political parties and other stakeholders. Yunus, known for pioneering microcredit through Grameen Bank, won the 2006 Nobel Peace Prize, but has faced politically motivated legal challenges under Hasina’s administration. Despite offers to enter politics, Yunus remains influential globally and respected in Bangladesh. The dissolution of parliament and release of opposition leader Khaleda Zia indicate a shift in the nation’s governance under Yunus’ leadership. The upcoming interim government aims to address the unrest and establish stability after popular demonstrations reshaped Bangladesh’s political landscape.
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