He continued in that post for nearly two years, longer than the usual time, but new elections were held on 29 December 2008, and the Awami League assumed power based on its majority.

[5] He then became managing director of the Palli Karma-Sahayak Foundation (PKSF), the country's apex micro-finance organisation, beginning on 1 June 2005.

[7] More than 160 senior politicians, top civil servants, and security officials were arrested on charges of graft and other economic crimes.

[9][10] On January 11, 2007, the then President Iajuddin Ahmed declared a state of emergency in the country in view of the chaotic situation created by the political parties.

After assuming office, Fakhruddin Ahmed was highly praised for his significant contribution to reducing political and social unrest in the then national life.