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Muhammad Yunus

Bangladeshi banker, Nobel Peace Prize recipient and the former Chief Adviser of Bangladesh

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Muhammad Yunus is a Bangladeshi banker and Nobel Peace Prize recipient who is known for his work in microfinance and poverty alleviation. He matters because his innovative approach to lending small amounts of money to poor people has influenced global efforts to reduce poverty and has earned him international recognition, including serving as Chief Adviser of Bangladesh.

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Muhammad Yunus (Bengali: মূহাম্মদ ইউনূস; born 28 June 1940) is a Bangladeshi economist and statesman. Yunus pioneered the modern concept of microcredit and microfinance, for which he was awarded the Nobel Peace Prize in 2006. He is the founder of Grameen Bank and the first Bangladeshi to win the Nobel Peace Prize. Following the July Uprising, he was appointed as the 5th chief adviser of Bangladesh, the head of the interim government, serving from 2024 to 2026.

Born in Hathazari, Chittagong, Yunus passed his matriculation and intermediate examinations from Chittagong Collegiate School and Chittagong College, respectively. He completed his BA from University of Dhaka and joined as a lecturer in Chittagong College. He obtained his PhD in economics from Vanderbilt University in the United States.