Salem Abdulaziz Al Sabah

Salem Abdulaziz Al Sabah is a Kuwaiti politician who served as deputy prime minister and minister of finance from 4 August 2013 to January 2014.[1] He is a member of the ruling family, Al Sabah.

Salem Abdulaziz Al Sabah
Deputy Prime Minister and Minister of Finance
In office4 August 2013 – January 2014
PredecessorMustafa Al Shamali (as finance minister)
SuccessorAnas Khalid Al Saleh
MonarchSheikh Sabah Al Sabah
Governor of Central Bank of Kuwait
In office1986 – February 2012
SuccessorMohammad Al Hashel
MonarchSheikh Sabah Al Sabah
HouseHouse of Sabah
Alma materAmerican University of Beirut

Education

Sabah graduated from the American University of Beirut.[2]

Career and views

Sabah was the governor of the Central Bank of Kuwait from 1986 to February 2012.[2][3] During his tenure he adopted reformist policies,[4] and held the following positions: chair of Institute of Banking Studies,[2] deputy governor at the Arab Monetary Fund and board member of Kuwait Investment Authority.[5] He resigned from the post due to his objections in regard to the Kuwaiti government's spending policies.[3] Mohammad Al Hashel succeeded Sabah as governor in March 2012.[6]

On 4 August 2013, Sabah was appointed both deputy prime minister and finance minister.[7] He replaced Mustafa Al Shamali as finance minister.[8][9] As finance minister, Sabah headed the Kuwait Investment Authority.[10]

In October 2013, Sabah stated that the economy of Kuwait could grow only if administrative reforms were realized.[11] His tenure ended in January 2014 when Anas Khalid Al Saleh was appointed finance minister.[12]

References
  1. "وزارة المالية - دولة الكويت". www.mof.gov.kw.
  2. "Sheikh Salem Al Abdulaziz Al Sabah". APS Review Downstream Trends. 29 June 2009. Retrieved 11 October 2013.
  3. Louise Armitstead (13 February 2012). "Kuwait's central bank boss Sheikh Salem Abdulaziz Al Sabah quits after criticising state". The Telegraph. Retrieved 11 October 2013.
  4. Tom Arnold (15 February 2012). "Long-serving Kuwait central bank chief resigns". The National. Retrieved 11 October 2013.
  5. "Sheikh Salem Abdulaziz Al Sabah". BusinessWeek. Retrieved 11 October 2013.
  6. "Kuwait to take measures to cut spending - cenbank". Reuters via Arabian Business. 1 October 2012. Retrieved 11 October 2013.
  7. "Kuwait's new cabinet". Global Post. AFP. 4 August 2013. Retrieved 11 October 2013.
  8. "Al Shamali oil minister in new Kuwait cabinet". TradeArabia. 4 August 2013. Retrieved 11 October 2013.
  9. Omar Hasan (4 August 2013). "Kuwait forms cabinet with new oil, finance ministers". Fox News. Kuwait City. AFP. Retrieved 11 October 2013.
  10. "The Finance Ministry, KIA & KIO". APS Review Gas Market Trends. 3 June 1991. Archived from the original on 10 June 2014. Retrieved 21 December 2013. – via HighBeam (subscription required)
  11. Martin Dokoupil. (8 October 2013). New Kuwait finance minister slams bloated administration, red tape Reuters (Dubai). Retrieved 21 December 2013.
  12. "Kuwait cabinet reshuffle brings seven new faces". Asharq Al Awsat. London. 7 January 2014. Retrieved 10 September 2014.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.