Ishrat Hussain

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Ishrat Hussain

Dr. Ishrat Husain (cropped).jpg
Advisor to the Prime Minister for Institutional Reforms & Austerity[1]
Assumed office
27 August 2018
PresidentArif Alvi
Mamnoon Hussain
Prime MinisterImran Khan
Governor of the State Bank of Pakistan
In office
2 December 1999 – 1 December 2005
Prime MinisterZafarullah Khan Jamali
Shaukat Aziz
Preceded byMuhammad Yaqub
Succeeded byShamshad Akhtar
Dean of IBA Karachi
In office
GovernorIshrat-ul-Ibad Khan
Succeeded byFarrukh Iqbal
Personal details
Born (1941-06-17) 17 June 1941 (age 78)[citation needed]
Allahabad, British India
Nationality Pakistan
Alma materWilliams College (B.A) Boston University (Ph.D)

Ishrat Husain is a Pakistani banker and economist who served as the dean of the Institute of Business Administration (2008-2016) and the Governor of the State Bank of Pakistan (1999-2006).[2] He presently serves as Advisor to Prime Minister Imran Khan for Institutional Reforms & Austerity.[3]


Born in Allahabad, British India, Husain moved to Karachi in 1947 and joined the civil service in 1964.[citation needed] He received his M.A in development economics in 1972 from the Williams College and his PhD from the Boston University in 1978.[citation needed] He joined the World Bank in 1979, working initially as the country economist for Liberia. In 1994, Husain became the chief economist for Asia-Pacific region and between 1997 and 1999 headed World Bank's operations in Central Asia. He ended his World Bank career in 1999, and was appointed as the Governor of the State Bank of Pakistan and remained until December 2005.[4]

In 2008, he was appointed as the Dean of IBA Karachi, in 2015 he was awarded the Nishan-e-Imtiaz by President Mamnoon. He resigned as the dean of IBA in 2016, however remains the Professor Emeritus of the institute. During his tenure, IBA expanded from a solely business school to a interdisciplinary university.[5] In 2016, Hussain joined the Woodrow Wilson Center as a resident policy fellow.[6]

Awards and Achievements[edit]

  • Jinnah Award (2005) in recognition of his outstanding and meritorious services to people as Governor of the State Bank of Pakistan.[7]


  1. ^ Missing or empty |title= (help)
  2. ^ "Reformer-in-chief: In conversation with Dr Ishrat Husain". Herald Magazine. 2016-06-21. Retrieved 2017-01-04.
  3. ^ "Meet Prime Minister Imran Khan's federal cabinet". 2018-08-20.
  4. ^ "Dr. Ishrat Husain". Retrieved 2017-01-04.
  5. ^ "IBA dean Ishrat Husain announces retirement". Daily Pakistan Global. Retrieved 2017-01-04.
  6. ^ "Wilson Center Appoints Dr. Ishrat Husain as Public Policy Fellow". Wilson Center. 2016-05-03. Retrieved 2017-01-04.
  7. ^ DAWN (2006) Ishrat Hussain, late Akhtar Hameed honoured. 1 May. Retrieved on 25 April 2008.


External links[edit]

Civic offices
Preceded by
Muhammad Yaqub
Governor of the State Bank of Pakistan
Succeeded by
Shamshad Akhtar