Shakib has already submitted a letter to the BCB asking for a sabbatical and the board has complied with his demand.
The long-serving Bangladesh skipper has come under heavy criticism for the two heavy losses with critics questioning his decision to field first on batting-friendly pitches in both Potchefstroom and Bloemfontein.
Alastair Cook's side next travel to India, the world's top-ranked team, before hosting South Africa and West Indies in 2017 ahead of their ultimate challenge in a tour of Australia.
South Africa made a sedate start to their second innings after conceding a 78-run first innings lead to a spirited Bangladesh on day three of the opening Test at Chittagong on Thursday.
Shakib Al Hasan's fine all-round showing powered Bangladesh to a seven-wicket victory over Pakistan on Friday, their first Twenty20 international win over their Asian rivals.
Bangladesh all-rounder Shakib Al Hasan picked all three New Zealand wickets to fall as the visitors put up 107 for three before rain returned to halt play on Day 2 of the second and final Test on Tuesday.
Eddie Leie made a memorable international debut as he and his spin partner Aaron Phangsio bowled South Africa to a series-clinching 31-run victory in the second and final Twenty20 match against Bangladesh at Mirpur on Tuesday.
Leading the side in the absence of rested regular skipper Virat Kohli, opening batsman Rohit hit five fours and an equal number of sixes in his 61-ball knock to guide India to 176-3 in their 20 overs.
Fast bowler Lasith Malinga said goodbye to one-day cricket in style as his devastating opening spell helped Sri Lanka beat Bangladesh by 91 runs on Friday.
Umesh Yadav struck three times as India took less than an hour on day three to complete formalities and bulldoze Bangladesh by an innings and 46 runs in the second and final Test for a 2-0 series sweep.
Bangladesh captain Mashrafe Mortaza had no hesitation in terming India a far better team but said 'my Asia Cup was won' when Tamim Iqbal batted with one hand in their tournament opener, against Sri Lanka.
India are the overwhelming favourites to win the tournament for a record seventh time while Bangladesh will be hoping to be third-time lucky in a summit clash.
Photos of the World Cup Pool A game between England and Bangladesh being played at Adelaide
Rohit Sharma-led India's main aim would be to settle their middle-order combination and also find a perfect batting position for Mahendra Singh Dhoni.
As well as hefty pay increases, players in the cricket-mad Asian country demanded a return to a franchise-based model in the Bangladesh Premier League (BPL) and the resignation of the present committee of the country's Cricketers Welfare Association.
Bangladesh continued to struggle on their tour of the Caribbean as they ended the second day of the second and final Test against West Indies trailing by 276 runs with just three first innings wickets remaining.
Maiden centuries by Shamsur Rahman and Imrul Kayes took Bangladesh past the follow-on mark but late strikes from the spinners put Sri Lanka in the driving seat in the second and final Test in Chittagong on Thursday.
Ravichandran Ashwin, on Sunday, added yet another feather on his cap as he became the quickest bowler to claim 250 wickets in Test cricket.
Opening batsman Anamul Haque top-scored with 95 as Bangladesh beat Zimbabwe by 124 runs in the third One-day International to wrap up the five-match series.
Shakib Al Hasan and Tamim Iqbal scored centuries as Bangladesh took charge of the second Test against Zimbabwe in Khulna. The hosts, who plodded to 193-3 on the opening day after electing to bat, made 433 in their first innings before being dismissed in the final session of the second day.
Mominul Haque (28) and Tamim Iqbal, who hit a six off the final ball of the day to reach 22, were not out at stumps on Friday as Bangladesh began their reply after South Africa's tea-time declaration on 496 for three.
Kane Williamson seized New Zealand's run chase by the scruff of the neck to lead his side to an improbable seven-wicket victory against Bangladesh on the final day of the first Test at the Basin Reserve on Monday.
'The crowd, the pink ball, floodlights everything was new to us. It all added to the pressure'.
The current Bangladesh team have no pink ball experience even at the domestic level and they only had four sessions, including two in Indore, before their first ever D/N Test.
It was Shami and his pace colleagues who inflicted telling blows that Bangladesh could never recover from.
Dale Steyn became the second South African bowler to claim 400 Test wickets.
With the skies over Delhi clouded with smog, many cast worried eyes on the fate of the first India-Bangladesh Twenty20 International scheduled at the Arun Jaitley stadium on Sunday.
Having suffered an unexpected defeat against Sri Lanka in their tournament-opener, it is highly unlikely that India will experiment against a resurgent Bangladesh in their final league stage match.
Colin Munro and Anton Devcich hit half-centuries, and Tim Southee grabbed three wickets, as New Zealand ended their Bangladesh tour with a 15-run victory in the Twenty20 match in Dhaka on Wednesday.
Jamshed, who has played 48 one-day internationals for Pakistan, was suspended from all forms of cricket in February for violating the PCB's anti-corruption code.
Pakistan crushed Bangladesh by 328 runs on Saturday to win their final Test with a day to spare.
Rashid Khan produced another magical spell of spin bowling as Afghanistan wrapped up a six wicket win over Bangladesh to take an unassailable 2-0 lead in the three-match T20 series on Tuesday.
The Bangladesh cricket team's injury problems were compounded after senior pacer Mashrafe Mortaza was ruled out of the remainder of the Asia Cup due to a side strain.
Double centurion Agarwal, meanwhile, climbed to the 11th spot after his player-of-the-match effort of 243 in India's only innings. The 28-year-old has reached 691 rating points after scoring 858 runs in his first eight Tests.
Mominul spoke about how temperament has become a big factor.
Riding high on contrasting half-centuries from Shakib al Hasan and Mushfiqur Rahim, Bangladesh crushed Afghanistan by 105 runs in their opening Pool A match of the World Cup in Canberra.
Debutant Aiden Markram suffered a horror run out just three runs shy of a century as South Africa amassed 298 for one on the first day of the first Test against Bangladesh on Thursday.
The Bangladesh Test and T20 captain was handed a two-year suspension by the ICC for failing to report three corrupt approaches.
Virat Kohli enters the three match ODI series against Bangladesh starting on Wednesday as the highest-ranked batsman on either side, in fourth place in the ICC rankings.
India picked up three Bangladesh wickets in the morning session after declaring their first innings on 462 for six but rain washed out the rest of the fourth day as the one-off Test headed for an inevitable draw in Fatullah, on Saturday.
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