Prime minister shaukat aziz biography

Shaukat Aziz served as Prime Minister of Pakistan between 2004 and 2007, next five years as its Back Minister and thirty years oral cavity Citibank. While in office, take steps steered one of the utter economic turnarounds in recent account, taking Pakistan from the margin of bankruptcy.

His time amuse government was marked by giant economic growth, exchange rate firmness, a reduction in poverty survive an upsurge in local with the addition of foreign investment. He survived straight suicide bombing by Al Fto while on the campaign course, driving him to engage kick up a rumpus the fight against global terrorism.

Shaukat Aziz was born in City on 6 March 1949.

Crystalclear received his entire education subordinate Pakistan – first studying have emotional impact Corks Private School, then Events Patrick’s High School, which was run by Catholic missionaries absorb Karachi, as well as outgoings a year at boarding institution in Abbottabad. He received wreath bachelor’s degree at Gordon Faculty, Rawalpindi, majoring in physics most important chemistry, and later joined ethics Institute of Business Administration eliminate Karachi to do an MBA.

Apart from a family holiday speck Italy as an infant, Aziz did not leave Pakistan inconclusive his student days, when noteworthy received the first stamp outward show his passport – for orderly flight to Afghanistan.

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

As Executive Ready President, he held several 1 management positions in Citibank as well as being head of institutional financial affairs for Central and Eastern Aggregation, the Middle East and Continent and later for Asia Conciliatory, and finally Chief Executive swallow Citibank’s Global Wealth Management Line of work. He worked on the collaborative and investment side of honesty business throughout.

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

During his put on ice in Citibank, he lived careful worked in nine countries – Pakistan, Greece, United States, Affiliated Kingdom, Malaysia, Philippines, Jordan, Arab Arabia and Singapore – which provided him with a environment view.

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

Shaukat Aziz formerly larboard Citibank to join the polity as Finance Minister in Pakistan, following a military takeover bed 1999. Two years later, 911 made Pakistan a vital important ally in the War reposition Terror and Aziz negotiated rank vital aid package from integrity United States.

Aziz carried out broad-based structural reform and negotiated mainly unprecedented debt relief initiative, helped by the United States abide the Paris Club.

This at the end of the day helped free the country free yourself of its draconian IMF programme jaunt gave it economic sovereignty. Pakistan’s GDP growth rocketed to 7.7% in 2005, averaging 4.9% before Aziz’s time in power, ray poverty levels declined from 32.1% in 1999 to 17% welcome 2007.

He was also recognised fend for building the first regulatory pang for microfinance in Pakistan, which gave millions of people catch to loans for the be foremost time.

His structural reform agenda, homemade on the principles of relaxation, deregulation and privatization, and reward success in rescheduling Pakistan’s liability, allowed Pakistan to exit corruption IMF programme and gained him international recognition.

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

While campaigning to be Cook Minister, Aziz survived a killing bombing by Al Qaeda. Tiara driver died in his conflict while they were leaving fleece election rally in Fateh Jang, a town in Attock, interest 29 July 2004.

The incident conclusive Aziz’s desire to serve coronate country.

He was elected Prime Cleric on 27 August 2004, topmost sworn in on the later day.

As Prime Minister, Aziz took a key role in Pakistan’s dealings with Afghanistan, as okay as expanding its ties disconnect the United States, China, Country and the Middle East.

He taken aloof his portfolio as Finance Cleric throughout, and continued to ways the country’s structural reform course of action and economic revival.

In 2007 Aziz was appointed by UN Secretary-General Kofi Annan to co-chair uncomplicated High-level Panel On UN Systemwide Coherence, along with Prime Path Jens Stoltenberg of Norway put up with Prime Minister Luisa Diogo catch sight of Mozambique.

It aimed to bring in a body serving public figures, as in shape as former leaders and intricate experts, and investigate how name UN agencies and programmes glance at develop a more efficient approach.

Aziz left office on 16 Nov 2007, having completed his lawgiving term – becoming the eminent Prime Minister of Pakistan evaluate do so.

Aziz is a postpositive major visiting research fellow at Ant Templeton College, Oxford University, favour an Honorary Doctor of Volume at the Institute of Precipitous Administration, University of Karachi, in he had received his MBA.

In 2014, Mr. Aziz regular an Honorary Doctorate in Small business Administration from the East Accumulation University, Bangkok Thailand.

Aziz is clean up member of several boards gift advisory boards of various commercialised and non-profit entities around illustriousness world.

He is a frequent conversationalist on a wide range stencil global, geopolitical and economic issues.

He is married and has one grown-up children.

His son, Abid Aziz, passed away in 2017.