Minouche Shafik, Baroness Shafik

Shafik currently serves as a Trustee of the British Museum, the Council of the Institute for Fiscal Studies, the Task Force on Fiscal Policy for Health, the New Economy Forum, and the Per Jacobsson Foundation. As deputy chair of the British Museum's Board of Trustees, she led the search process which led to the appointment of George Osborne as new chair in 2021.

In 2021, Shafik was appointed to the Pandemic Preparedness Partnership (PPP), an expert group chaired by Patrick Vallance to advise the G7 presidency held by the government of Prime Minister Boris Johnson.

Shafik was elected a honorary fellow of the British Academy in 2021 and was awarded an honorary doctorate from Utrecht University.

She was created Baroness Shafik, of Camden in the London Borough of Camden and of Alexandria in the Arab Republic of Egypt, in the 2020 Political Honours and was introduced to the House of Lords on 15 October 2020. She sits as a crossbencher and made her maiden speech on 28 January 2021.

In September 2016, Shafik was appointed as the 16th Director of the London School of Economics (LSE), effective from 1 September 2017.

Shafik joined the Bank of England as its first Deputy Governor on Markets and Banking responsible for the Bank's £500 billion balance sheet and served as a Member of the bank's Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulatory Authority. She led the Bank's Fair and Effective Markets review to tackle misconduct in financial markets. On 12 September 2016, it was announced that Shafik had been appointed as the next Director of the London School of Economics, replacing sociologist Craig Calhoun. She took up the post on 1 September 2017.

Shafik was made a Dame Commander of the Order of the British Empire (DBE) in the June 2015 Queen's Birthday Honours.

Shafik served as the Deputy Governor of the Bank of England from August 2014 to February 2017. Prior to this, she was the Permanent Secretary of the Department for International Development from March 2008 to March 2011, when she went on to serve as the Deputy Managing Director of the International Monetary Fund.

Shafik served as IMF Deputy Managing Director from April 2011 until March 2014. As Deputy Managing Director, she was responsible for the IMF's work in Europe and the Middle East, a $1 billion administrative budget, human resources for its 3,000 staff and the IMF's training and technical assistance for policy makers around the world.

She was named "GG2 Woman of the Year" in 2009. She was named as one of Forbes 100 most powerful women in 2015 and received the 100 Women in Finance European Industry Leaders Award in 2019.

She initially went to the British Government's Department for International Development (DFID) on secondment as Director General for Country Programmes where she was responsible for all of DFID's overseas offices and financing across Africa, the Middle East, Asia, Latin America, and Eastern Europe. She was appointed as DFID's Permanent Secretary in 2008 where she managed a bilateral aid programme in over 100 countries, multilateral policies and financing for the United Nations, European Union and international financial institutions, and overall development policy and research – responsible for 2400 staff and a budget of £38 billion (about US$60 billion) for 2011–2014. During her tenure, DFID was described by the OECD independent peer review as "a recognised international leader in development".

She has authored, edited, and co-authored a number of books. She authored Prospects for the Middle East and North African Economies: from Boom to Bust and Back? (14 editions, 1997 to 2016) and Economic Challenges Facing Middle Eastern and North African Countries (14 editions, 1997 to 2016).

Nemat Talaat Shafik, Baroness Shafik, DBE, HonFBA (Arabic: نعمت شفيق; born 13 August 1962), known as Minouche Shafik, is an Egyptian-born British-American economist who has been serving as the Director of the London School of Economics since September 2017.

Born in Alexandria, Egypt, Shafik went to Schutz American School. The family moved to Savannah, Georgia in the mid-1960s. When she was 15 the family returned to Egypt. She graduated from the University of Massachusetts-Amherst with a B.A. in 1983. She then studied at London School of Economics and was awarded M.Sc. in economics from University of London in 1986 and a D.Phil. from St Antony's College, Oxford.