|Caretaker Federal Minister of Finance, Revenue, Statistics, Planning, Industries, Production, Commerce and Textile, Privatisation|
5 June 2018 - 18 August 2018
|Executive Secretary of United Nations Economic and Social Commission for Asia and the Pacific|
10 December 2013 - 2018
|Armida Salsiah Alisjahbana|
|Assistant Secretary-General for Economic Development at the Department of Economic and Social Affairs|
|14th Governor of the State Bank of Pakistan|
2 December 2006 - 1 January 2009
|Yousaf Raza Gillani|
|Syed Salim Raza|
|Vice President of World Bank for Middle East and North Africa|
6 July 2009 - 1 January 2009
|Yousaf Raza Gillani|
Hyderabad, Sindh, Pakistan
|Alma mater||Harvard University|
University of the West of Scotland
University of Sussex
Shamshad Akhtar is a Pakistani development economist, diplomat and intellectual who served as the caretaker Finance Minister of Pakistan. 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 Secretary-General of the United Nations Ban Ki-moon and as Vice-President of the World Bank.
Akhtar was born in Hyderabad, Sindh, Pakistan. Akhtar had her earlier education at Karachi and Islamabad and graduated from the University of Punjab with a B.A. in 1974 followed by a M.Sc. in economics from Quaid-e-Azam University in 1975.
She moved to the United Kingdom as 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 awarded a PhD in Economics in 1980.
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.[failed verification]
In 1990, she moved to Manila to work as a senior economist for the Asian Development Bank and in 1996 and 1998 worked as Senior Financial Sector Specialist with the bank. In July 1996, she was promoted to Director and served as ADB representative to support ASEAN secretariat and in June 2002 she was promoted as the Director General of Asian Development Bank.
On 23 October 2007, Akhtar was conferred Best Central Bank Governor for Asia 2007 by the Euromoney Institutional Investor. On 11 November 2008, Akhtar was named amongst the top ten women leaders in Asia by The Wall Street Journal.
In 2009, she re-joined the Asian Development Bank as a senior advisor to Haruhiko Kuroda. She moved to Washington, D.C. to World Bank and served as the Vice President Middle East and North Africa. During this period she spearheaded the bank's response to the Arab Spring and the Arab regional integration strategy and its implementation. In September 2011, she moved to the United Nations to served as the Assistant Secretary-General for Economic and Social Affairs and Senior Adviser on Economic Development and Finance to the UN Secretary-General Ban Ki-moon. In December 2013, she was appointed as the 10th Executive Secretary of UNESCAP in Bangkok.