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Shamshad Akhtar

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 Shamshad Akhtar  link
(Deep state functionary?, central banker)
Born1954
Sindh,Pakistan
NationalityPakistani
Alma materQuaid-i-Azam University, University of the Punjab, University of Sussex,University of the West of Scotland, Harvard Kennedy School of Government
Harvard Kennedy School of Government Pakistani central banker who was promoting injections in 2020 and a cashless economy in 2023 in collaboration with the Gates Foundation.

Shamshad Akhtar is a Pakistani Harvard Kennedy School of Government educated economist, United Nations bureaucrat, central banker and politician who was caretaker finance minister of Pakistan from 2023 to 2024 [1][2] where she worked with the Gates Foundation to reduce the use of cash.

Akhtar was promoting injections in 2020.

Education

Shamshad Akhtar was born in Hyderabad, Sindh, Pakistan.[3][4]

Akhtar received her Bachelor's degree from the University of Punjab in 1974, and graduated from the University of Qaed-i Azam in Economics in 1975. She moved to the United Kingdom on a Commonwealth Scholarship to study at the University of Sussex, receiving an M.A. in development economics in 1977. She moved to the University of the West of Scotland (then Paisley College of Technology) where she was given a PhD in Economics in 1980.[2][3][4]

Career

Akhtar, on far left, chairing the 2030 Agenda for Sustainable Development

Akhtar started her career in 1980 with the Planning Commission in Islamabad but moved few months later to work with the World Bank's Resident Mission in Pakistan as a country economist. She left in 1986 for a year-long sabbatical to attend John F. Kennedy School of Government at Harvard University as a postdoctoral researcher under the Fulbright Program.[5][3]

In 2005, she moved back to Pakistan to become Governor of the State Bank of Pakistan, a position she retained until January 2009.[4][2][6]

In 2009, Akhtar re-joined the Asian Development Bank as a senior advisor to Haruhiko Kuroda. She moved to Washington, D.C. to be able to work at the World Bank and was Vice President, World Bank Middle East and North Africa region. During this period, she spearheaded the bank's response to the Arab Spring regime change campaign and the Arab regional integration strategy and its implementation.[2][3][4]

In September 2011, she moved to the United Nations to be Assistant Secretary-General for Economic and Social Affairs and Senior Adviser on Economic Development and Finance to the UN Secretary-General Ban Ki-moon.[2][7]

In December 2013, Akhtar was appointed as the 10th Executive Secretary of UNESCAP in Bangkok.[2]

In 2020, Akhtar was appointed by United Nations Secretary-General António Guterres to sit on the Advisory Committee for the 2021 Food Systems Summit, chaired by Inger Andersen.[8]

In 2023, Akhtar was appointed as caretaker finance minister of Pakistan. During her time, the government signed a memorandum of understanding with the Bill and Melinda Gates Foundation to introduce the next generation of the digital public infrastructure (DPI) project, reducing the use of cash and driving "financial inclusion". Akhtar also emphasised Pakistan's commitment to addressing "climate change" challenges through "comprehensive strategies and initiatives".[9]

She was the Chairperson of the Board Karandaaz, a DFID-Bill Melinda and Gates Foundation joint venture to promote "financial and digital financial inclusion".[10]

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References

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