Salem Abdulaziz Al Sabah
| Salem Abdulaziz Al Sabah | |
|---|---|
| Deputy Prime Minister and Minister of Finance | |
| In office | 4 August 2013 – January 2014 |
| Predecessor | Mustafa Al Shamali (as finance minister) |
| Successor | Anas Khalid Al Saleh |
| Monarch | Sheikh Sabah Al Sabah |
| Governor of Central Bank of Kuwait | |
| In office | 1986 – February 2012 |
| Successor | Mohammad Al Hashel |
| Monarch | Sheikh Sabah Al Sabah |
| House | House of Sabah |
| Religion | Islam |
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. He is a member of the ruling family, Al Sabah.
Education
Sabah graduated from the American University of Beirut.[1]
Career and views
Sabah was the governor of the Central Bank of Kuwait from 1986 to February 2012.[1][2] During his tenure he adopted reformist policies,[3] and held the following positions: chair of Institute of Banking Studies,[1] deputy governor at the Arab Monetary Fund and board member of Kuwait Investment Authority.[4] He resigned from the Central Bank due to his objections in regard to the Kuwaiti government's spending policies.[2] Mohammad Al Hashel succeeded Sabah as governor in March 2012.[5]
On 4 August 2013, Sabah was appointed both deputy prime minister and finance minister.[6] He replaced Mustafa Al Shamali as finance minister.[7][8] As finance minister, Sabah headed the Kuwait Investment Authority.[9]
In October 2013, Sabah stated that the economy of Kuwait could grow only if administrative reforms were realized.[10] His tenure ended in January 2014 when Anas Khalid Al Saleh was appointed finance minister.[11]
References
- ^ a b c "Sheikh Salem Al Abdulaziz Al Sabah". APS Review Downstream Trends. 29 June 2009. Retrieved 11 October 2013.
- ^ a b 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.
- ^ Tom Arnold (15 February 2012). "Long-serving Kuwait central bank chief resigns". The National. Retrieved 11 October 2013.
- ^ "Sheikh Salem Abdulaziz Al Sabah". BusinessWeek. Retrieved 11 October 2013.
- ^ "Kuwait to take measures to cut spending - cenbank". Reuters via Arabian Business. 1 October 2012. Retrieved 11 October 2013.
- ^ "Kuwait's new cabinet". Global Post. AFP. 4 August 2013. Retrieved 11 October 2013.
- ^ "Al Shamali oil minister in new Kuwait cabinet". TradeArabia. 4 August 2013. Retrieved 11 October 2013.
- ^ Omar Hasan (4 August 2013). "Kuwait forms cabinet with new oil, finance ministers". Fox News. Kuwait City. AFP. Retrieved 11 October 2013.
- ^ "The Finance Ministry, KIA & KIO". APS Review Gas Market Trends. 3 June 1991. Retrieved 21 December 2013. – via HighBeam (subscription required)
- ^ Martin Dokoupil. (8 October 2013). New Kuwait finance minister slams bloated administration, red tape Reuters (Dubai). Retrieved 21 December 2013.
- ^ "Kuwait cabinet reshuffle brings seven new faces". Asharq Al Awsat. London. 7 January 2014. Retrieved 10 September 2014.