Shamshad Akhtar

Shamshad Akhtar is a Pakistani development economist, United Nations diplomat, banker and politician who also is the outgoing caretaker Finance Minister of Pakistan. She also previously served as the caretaker Finance Minister from 5 June 2018 to 18 August 2018.

Shamshad Akhtar
Akhtar at the World Economic Forum in October 2010
Federal Minister of Finance, Revenue
Assumed office
17 August 2023
PresidentArif Alvi
Prime MinisterAnwar ul Haq Kakar
Preceded byIshaq Dar
In office
5 June 2018 – 18 August 2018
PresidentMamnoon Hussain
Prime MinisterNasirul Mulk
Preceded byMiftah Ismail
Succeeded byAsad Umar
Executive Secretary of United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP)
In office
10 December 2013 – 2018
Preceded byNoeleen Heyzer
Succeeded byArmida Salsiah Alisjahbana
14th Governor of the State Bank of Pakistan
In office
2 December 2006 – 1 January 2009
Prime MinisterYousaf Raza Gillani
Preceded byIshrat Hussain
Succeeded bySyed Salim Raza
Vice President of World Bank for Middle East and North Africa
In office
1 January 2009 – 6 July 2009
Personal details
Born1954
Hyderabad, Sindh, Dominion of Pakistan
Political partyIndependent
Alma materUniversity of the West of Scotland (PhD)
University of Sussex (MA)
Quaid-i-Azam University (MSc)
University of the Punjab (BA)

Prior to that, she served as the 14th Governor of the State Bank of Pakistan, the first woman to assume this position. She also served as a senior adviser to the then Secretary-General of the United Nations, Ban Ki-moon and as Vice-President of the World Bank.

In December 2013, Akhtar was selected by the UN Secretary-General as Under-Secretary-General and the 10th Chief Secretary of the Monetary and Social Commission for Asia and the Pacific (ESCAP).

Since 17 August 2023, she has been serving as care taker Federal Minister of Finance.

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