Nobel laureate Dr. Muhammad Yunus will be the chief adviser to the interim government in Bangladesh, the coordinators of the student movement that led the protests in the country said, as per International media reports.

Muhammad Yunus is known as a ‘banker to the poor’ for his work in fighting poverty.

In a video posted on social media, Nahid Islam, one of the key coordinators of the movement that led to the ouster of Sheikh Hasina, said Professor Muhammad Yunus had agreed to take on the responsibility considering the present situation of the country.

“We have decided that the interim government will be formed in which internationally renowned Nobel Laureate Dr Mohammad Yunus, who has wide acceptability, will be the chief adviser,” Nahid of the Anti-Discrimination Student Movement announced.

As per the video released by the coordinators on Facebook early on Tuesday, Bangladesh student protest coordinators called for the formation of a new interim government with Nobel Peace laureate Muhammad Yunus as its chief adviser.

Who is Dr Muhammad Yunus?

Yunus, 84, and his Grameen Bank won the 2006 Nobel Peace prize for work to lift millions out of poverty by granting tiny loans of under $100 to the rural poor of Bangladesh but he was indicted by a court in June on charges of embezzlement that he denied.

Yunus did not immediately respond to a request for comment.

Bangladesh President Shahabuddin said in a televised address late on Monday an interim government will hold elections as soon as possible after consulting all parties and stake holders.