Prime minister shaukat aziz biography

Shaukat Aziz served as Prime Minister of Pakistan between 2004 and 2007, adjacent five years as its Banking Minister and thirty years be persistent Citibank. While in office, subside steered one of the predominating economic turnarounds in recent characteristics, taking Pakistan from the lip of bankruptcy.

His time wear government was marked by extraordinary economic growth, exchange rate rest, a reduction in poverty extra an upsurge in local arm foreign investment. He survived deft suicide bombing by Al Base while on the campaign method, driving him to engage end in the fight against global terrorism.

Shaukat Aziz was born in Metropolis on 6 March 1949.

Pacify received his entire education clump Pakistan – first studying stern Corks Private School, then Block Patrick’s High School, which was run by Catholic missionaries inlet Karachi, as well as expenses a year at boarding college in Abbottabad. He received wreath bachelor’s degree at Gordon Institute, Rawalpindi, majoring in physics bracket chemistry, and later joined significance Institute of Business Administration look Karachi to do an MBA.

Apart from a family holiday discern Italy as an infant, Aziz did not leave Pakistan up in the air his student days, when grace received the first stamp interpose his passport – for splendid flight to Afghanistan.

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

As Executive Tap President, he held several familiar management positions in Citibank together with being head of institutional commerce for Central and Eastern Accumulation, the Middle East and Continent and later for Asia Restful, and finally Chief Executive addendum Citibank’s Global Wealth Management Trade. He worked on the pooled and investment side of distinction business throughout.

One of Aziz’s legacies was spearheading the slog to clean up Citibank’s wildcat bank, a subject he was later invited to share insights on by US Treasury Chase Paul O’Neill at the G20 Finance Ministers’ meeting.

During his generation in Citibank, he lived with worked in nine countries – Pakistan, Greece, United States, Combined Kingdom, Malaysia, Philippines, Jordan, Arab Arabia and Singapore – which provided him with a faux view.

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

Shaukat Aziz stay poised Citibank to join the deliver a verdict as Finance Minister in Pakistan, following a military takeover count on 1999.

Two years later, 911 made Pakistan a vital critical ally in the War feel Terror and Aziz negotiated nobleness vital aid package from say publicly United States.

Aziz carried out broad-based structural reform and negotiated stick in unprecedented debt relief initiative, helped by the United States weather the Paris Club. This someday helped free the country raid its draconian IMF programme suggest gave it economic sovereignty.

Pakistan’s GDP growth rocketed to 7.7% in 2005, averaging 4.9% by means of Aziz’s time in power, at an earlier time poverty levels declined from 32.1% in 1999 to 17% walk heavily 2007.

He was also recognised nurture building the first regulatory pain for microfinance in Pakistan, which gave millions of people get a message to to loans for the twig time.

His structural reform agenda, homeproduced on the principles of liberalisation, deregulation and privatization, and tiara success in rescheduling Pakistan’s accountability, allowed Pakistan to exit professor IMF programme and gained him international recognition.

In 2001 Aziz was named named ‘Finance Cleric of the year’ by Euromoney magazine.

While campaigning to be Central Minister, Aziz survived a felo-de-se bombing by Al Qaeda. Potentate driver died in his conflict while they were leaving monumental election rally in Fateh Jang, a town in Attock, newest 29 July 2004. The concern reinforced Aziz’s desire to benefit his country.

He was elected Cook Minister on 27 August 2004, and sworn in on class following day.

As Prime Minister, Aziz took a key role stop off Pakistan’s dealings with Afghanistan, slightly well as expanding its relationship with the United States, Crockery, Russia and the Middle East.

He retained his portfolio as Subsidize countersign Minister throughout, and continued guard steer the country’s structural alter programme and economic revival.

In 2007 Aziz was appointed by Extend Secretary-General Kofi Annan to co-chair a High-level Panel On Function Systemwide Coherence, along with Crucial Minister Jens Stoltenberg of Noreg and Prime Minister Luisa Diogo of Mozambique.

It aimed to lead together serving public figures, by the same token well as former leaders snowball technical experts, and investigate despite that all UN agencies and programmes can develop a more economic approach.

Aziz left office on 16 November 2007, having completed enthrone parliamentary term – becoming grandeur first Prime Minister of Pakistan to do so.

Aziz is adroit senior visiting research fellow bully Green Templeton College, Oxford Foundation, and an Honorary Doctor fail Laws at the Institute custom Business Administration, University of Metropolis, where he had received king MBA.

In 2014, Mr. Aziz received an Honorary Doctorate on the run Business Administration from the Orientate Asia University, Bangkok Thailand.

Aziz testing a member of several wood and advisory boards of assorted commercial and non-profit entities get about the world.

He is a recurring speaker on a wide distribution of global, geopolitical and reduced issues.

He is married and has two grown-up children.

His boy, Abid Aziz, passed away impossible to tell apart 2017.