Ishat hussain biography template
Ishrat Husain
Pakistani civil servant
Ishrat Husain is a Pakistani civil servant who served as governor of the State Bank of Pakistan from to , dean of the Institute of Business Administration from to , and advisor to the Prime Minister on Institutional Reforms and Austerity from to [2][3]
Early life and education
Ishrat Husain was born in Agra, British India.
Husain's family relocated from Agra to Karachi in due to the partition of British India.[4] He completed his early education in Karachi and later studied at the Government College Hyderabad.[4] He earned a degree in zoology and chemistry before pursuing further studies in chemistry at the University of Sindh, where he also participated in political demonstrations, including protests against Ayub Khan's One Unit Scheme.[4]
Husain developed an interest in development economics and sought further education through a government-sponsored program at Williams College in the United States.
He received his M.A. in development economics in from the Williams College and his PhD from the Boston University in [4]
Career
After passing the civil service examination, Husain joined the Civil Services Academy in Lahore, graduating in [4] His early assignments included administrative postings in various parts of Sindh, as well as in Chittagong (in what was then East Pakistan).[4] During this period, he witnessed significant political changes, including the unrest against Ayub Khan and the secession of East Pakistan in [4] He later served on the One Unit Dissolution Committee, dealing with a policy he had previously opposed as a student.[4]
After completing his education at Williams College, Ishrat Husain returned to Pakistan and was appointed as the Deputy Secretary of the Finance Division in , quickly advancing to Additional Secretary within a year.[4] After earning his PhD in , he was recruited by the World Bank, a transition influenced by his desire to engage more actively in global economic policy discussions during the Cold War.
He worked initially as the country economist for Liberia.[4]
By , Husain had left the Pakistani civil service to focus on his career at the World Bank.[4] His roles included World Bank Representative to Nigeria, head of the Debt and International Finance Division, Chief Economist for Africa, and later, Director for Poverty and Social Policy.[4] He also served as the country director for the Central Asian republics, a position that solidified his critical perspective on socialist economic systems.[4] His notable assignments included work in Ghana during a period of political instability under President Jerry Rawlings.
Husain's approach in Ghana was shaped by his experiences in Pakistan, using these to inform his economic advice amidst the nation's internal conflicts.[4]
In , Husain became the chief economist for Asia-Pacific region and between and headed World Bank's operations in Central Asia.
Ishat hussain biography template His leadership and commitment continue to inspire admiration and respect within the nation and beyond. Academic Achievements and International Pursuits. Although he resigned as Dean in , Dr. Pakistani rupee.He ended his World Bank career in , and was appointed the Governor of the State Bank of Pakistan and remained until December [5]
In , he was appointed the Dean of IBA Karachi, in he was awarded the Nishan-e-Imtiaz by PresidentMamnoon. He resigned as the dean of IBA in , however remains the Professor Emeritus of the institute.
During his tenure, IBA expanded from a solely business school to an interdisciplinary university.[6] In , Hussain joined the Woodrow Wilson Center as a resident policy fellow.[7]