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

  1. 1 2 3 "Sheikh Salem Al Abdulaziz Al Sabah". APS Review Downstream Trends. 29 June 2009. Retrieved 11 October 2013.
  2. 1 2 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.
  3. ↑ Tom Arnold (15 February 2012). "Long-serving Kuwait central bank chief resigns". The National. Retrieved 11 October 2013.
  4. ↑ "Sheikh Salem Abdulaziz Al Sabah". BusinessWeek. Retrieved 11 October 2013.
  5. ↑ "Kuwait to take measures to cut spending - cenbank". Reuters via Arabian Business. 1 October 2012. Retrieved 11 October 2013.
  6. ↑ "Kuwait's new cabinet". Global Post. AFP. 4 August 2013. Retrieved 11 October 2013.
  7. ↑ "Al Shamali oil minister in new Kuwait cabinet". TradeArabia. 4 August 2013. Retrieved 11 October 2013.
  8. ↑ Omar Hasan (4 August 2013). "Kuwait forms cabinet with new oil, finance ministers". Fox News. Kuwait City. AFP. Retrieved 11 October 2013.
  9. ↑ "The Finance Ministry, KIA & KIO". APS Review Gas Market Trends. 3 June 1991. Retrieved 21 December 2013. – via HighBeam (subscription required)
  10. ↑ Martin Dokoupil. (8 October 2013). New Kuwait finance minister slams bloated administration, red tape Reuters (Dubai). Retrieved 21 December 2013.
  11. ↑ "Kuwait cabinet reshuffle brings seven new faces". Asharq Al Awsat. London. 7 January 2014. Retrieved 10 September 2014.
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