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Fortune
Fortune
Lionel Lim

A Nobel laureate and microfinance pioneer steps in to lead Bangladesh out of a deadly protest crisis

(Credit: Mahamudur Rahman—NurPhoto via Getty Images)

The South Asian country of Bangladesh could soon turn to one of its most famous economists to lead the country, following deadly protests that led to the dissolution of the country’s parliament and its Prime Minister, Sheikh Hasina, fleeing the country by helicopter.

Muhammad Yunus, who won the Nobel Peace Prize in 2006 for his work with microfinance lender Grameen Bank, will lead the country’s caretaker government, according to Bangladesh’s national news agency. The decision was made following a four-hour meeting involving President Mohammed Shahabuddin, military chiefs, and student protest leaders. 

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