
Nobel laureate and interim leader of Bangladesh.
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Muhammad Yunus founded Grameen Bank in 1983 as a microfinance institution providing small loans to the poor, especially women, without requiring collateral. The bank's model of group lending and social development became a global template for poverty alleviation.
Muhammad Yunus and Grameen Bank were jointly awarded the Nobel Peace Prize in 2006 for their efforts to create economic and social development from below. The award recognized microcredit as a tool for peace and poverty reduction worldwide.
Following the fall of Sheikh Hasina's government in a student-led uprising, Muhammad Yunus was appointed as the head of an interim government on August 8, 2024. His role was to oversee a transition to new elections amid political crisis.
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