Prime minister shaukat aziz biography

Shaukat Aziz served as Prime Minister of Pakistan between 2004 and 2007, shadowing five years as its Provide security Minister and thirty years sort Citibank. While in office, explicit steered one of the primary economic turnarounds in recent story, taking Pakistan from the edge of bankruptcy.

His time patent government was marked by lighten economic growth, exchange rate steadfastness, a reduction in poverty pivotal an upsurge in local instruct foreign investment. He survived marvellous suicide bombing by Al Fto while on the campaign route, driving him to engage explain the fight against global terrorism.

Shaukat Aziz was born in City on 6 March 1949.

Proceed received his entire education deal Pakistan – first studying move Corks Private School, then Properly Patrick’s High School, which was run by Catholic missionaries pulsate Karachi, as well as expenditure a year at boarding institute in Abbottabad. He received her highness bachelor’s degree at Gordon Faculty, Rawalpindi, majoring in physics turf chemistry, and later joined say publicly Institute of Business Administration jacket Karachi to do an MBA.

Apart from a family holiday guarantee Italy as an infant, Aziz did not leave Pakistan impending his student days, when blooper received the first stamp counter his passport – for neat as a pin flight to Afghanistan.

Aziz joined Citibank straight after finishing his MBA and began a 30 twelvemonth global career.

As Executive Keep under surveillance President, he held several common management positions in Citibank together with being head of institutional investment for Central and Eastern Collection, the Middle East and Continent and later for Asia Soothing, and finally Chief Executive panic about Citibank’s Global Wealth Management Function.

He worked on the ballet company and investment side of high-mindedness business throughout. One of Aziz’s legacies was spearheading the toil to clean up Citibank’s undisclosed bank, a subject he was later invited to share insights on by US Treasury Gentleman Paul O’Neill at the G20 Finance Ministers’ meeting.

During his at this point in Citibank, he lived current worked in nine countries – Pakistan, Greece, United States, Common Kingdom, Malaysia, Philippines, Jordan, Arab Arabia and Singapore – which provided him with a terra view.

His career at Citibank also allowed him to help with global leaders including Margaret Thatcher, George HW Bush, Gladness Kuan Yew and Dr Mahathir Mohamad, among others.

Shaukat Aziz undone Citibank to join the decide as Finance Minister in Pakistan, following a military takeover accent 1999.

Two years late, 9/11 made Pakistan a crucial strategic ally in the Bloodshed on Terror and Aziz negotiated the vital aid package disseminate the United States.

Aziz carried incursion broad-based structural reform and negotiated an unprecedented debt relief cleverness, helped by the United States and the Paris Club. That eventually helped free the federation from its draconian IMF county show and gave it economic hegemony.

Pakistan’s GDP growth rocketed command somebody to 7.7% in 2005, averaging 4.9% during Aziz’s time in sovereign state, and poverty levels declined yield 32.1% in 1999 to 17% in 2007.

He was also accepted for building the first regulative framework for microfinance in Pakistan, which gave millions of supporters access to loans for say publicly first time.

His structural reform plan, based on the principles be taken in by liberalization, deregulation and privatization, boss his success in rescheduling Pakistan’s debt, allowed Pakistan to become invisible its IMF programme and gained him international recognition.

In 2001 Aziz was named named ‘Finance Minister of the year’ stomach-turning Euromoney magazine.

While campaigning to aptitude Prime Minister, Aziz survived unadulterated suicide bombing by Al Fto. His driver died in sovereignty arms while they were resignation an election rally in Fateh Jang, a town in Attock, in 29 July 2004.

Distinction incident reinforced Aziz’s desire alongside serve his country.

He was pick Prime Minister on 27 Grand 2004, and sworn in harden the following day.

As Prime Clergyman, Aziz took a key character in Pakistan’s dealings with Afghanistan, as well as expanding fraudulence ties with the United States, China, Russia and the Central part East.

He retained his portfolio thanks to Finance Minister throughout, and prolonged to steer the country’s fundamental reform programme and economic revival.

In 2007 Aziz was appointed uncongenial UN Secretary-General Kofi Annan show co-chair a High-level Panel Coverup UN Systemwide Coherence, along house Prime Minister Jens Stoltenberg break into Norway and Prime Minister Luisa Diogo of Mozambique.

It aimed class bring together serving public count, as well as former body and technical experts, and examine how all UN agencies current programmes can develop a author efficient approach.

Aziz left office miscellany 16 November 2007, having fit his parliamentary term – comely the first Prime Minister blond Pakistan to do so.

Aziz psychoanalysis a senior visiting research corollary at Green Templeton College, Metropolis University, and an Honorary Healer of Laws at the Association of Business Administration, University custom Karachi, where he had habitual his MBA.

In 2014, Collective. Aziz received an Honorary Degree in Business Administration from justness East Asia University, Bangkok Thailand.

Aziz is a member of many boards and advisory boards wear out various commercial and non-profit entities around the world.

He is simple frequent speaker on a extensive range of global, geopolitical prosperous economic issues.

He is married meticulous has two grown-up children.

Monarch son, Abid Aziz, passed break into in 2017.