Age, Biography and Wiki
Shaukat Tarin is a Pakistani economist and banker who served as the Finance Minister of Pakistan from 2009 to 2010. He was born in Multan, Pakistan in 1953. He received his Bachelor of Arts degree from the University of Punjab in 1974 and his Master of Arts degree from the University of Cambridge in 1976.
Tarin began his career in banking in 1976, when he joined the National Bank of Pakistan. He served as the President and CEO of the bank from 1997 to 1999. He then joined the World Bank as a Senior Financial Sector Specialist in 1999.
In 2009, Tarin was appointed as the Finance Minister of Pakistan. During his tenure, he implemented a number of reforms to improve the country's economy. He also served as the Chairman of the Privatization Commission of Pakistan from 2009 to 2010.
Tarin is currently the Chairman of the Board of Directors of the United Bank Limited. He is also a member of the Board of Directors of the International Finance Corporation. He is a member of the Advisory Board of the Institute of Business Administration in Karachi.
Tarin has received numerous awards and honors for his contributions to the banking and finance sector in Pakistan. He was awarded the Sitara-e-Imtiaz, one of the highest civilian awards in Pakistan, in 2010. He was also awarded the Tamgha-e-Imtiaz in 2011.
| Popular As |
Shaukat Tarin |
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N/A |
| Age |
70 years old |
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N/A |
| Born |
, 1953 |
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| Birthplace |
Multan, West Pakistan |
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He is a member of famous with the age 70 years old group.
Shaukat Tarin Height, Weight & Measurements
At 70 years old, Shaukat Tarin height not available right now. We will update Shaukat Tarin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Shaukat Tarin Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Shaukat Tarin worth at the age of 70 years old? Shaukat Tarin’s income source is mostly from being a successful . He is from . We have estimated
Shaukat Tarin's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
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Under Review |
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Not Available |
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Shaukat Tarin Social Network
Timeline
Shaukat Tarin is the member of the economic and finance committee since 18 April 2019 by Prime Minister Imran Khan. Jahangir Khan Tareen is the convener of the committee to the Prime Minister. This committee will help the finance minister to stabilize the economy and will give their recommendations directly to the Prime Minister Imran Khan.
Tarin resigned from the ministry on 23 February 2010 to "raise equity from the market for Silkbank," which while working at finance ministry was "a clear conflict of interest."
On 7 October 2008, he was appointed as an adviser to the government and was elevated to the post of finance minister after being elected as a senator from Sindh on 27 July 2009. Tarin resigned from the ministry on 23 February 2010 to "raise equity from the market for Silkbank," which while working at finance ministry was "a clear conflict of interest."
Shaukat Tarin has also been elected twice as chairman of Karachi Stock Exchange (KSE), the last one being in the year 2008.
Shaukat Tarin was a major stakeholder of Saudi Pak Commercial Bank (SPCB) and formed a consortium, along with senior banker Sadeq Sayeed, International Finance Corporation (IFC), BankMuscat, Nomura Holdings and Sinthos Capital to acquire an 86.55% stake in SPCB from Saudi Pak Industrial And Agricultural Investment Co. Ltd. for $213 million in cash on 31 March 2008. Subsequently, Saudi Pak was rebranded as Silkbank Limited on 1 June 2009 with a strategic focus on SME & Consumer financing for increased profitability.
Shaukat Tarin was appointed adviser to the finance ministry of Pakistan with a status of federal minister, on 7 October 2008. Prior to this appointment, Tarin was serving as the President of Saudi-Pak Commercial Bank (presently, Silk Bank). On 27 July 2009, he was elected senator unopposed from Sindh and subsequently, he was elevated to finance minister of Pakistan. As such, he heads the Executive Committee of the National Economic Council (NEC) and the Economic Coordination Committee (ECC).
He left HBL in 2000 to join Union Bank as its president. As the president of the Union Bank, Tarin was associated with the acquisition by Standard Chartered Bank of a 95.37% interest in Union Bank in September 2006. The amount paid was $487 million, in cash.
In 1997, then-PM Nawaz Sharif asked Tarin to turn around state-owned Habib Bank, for which he left the $1 million plus job in the United States. He, along with Zubyr Soomro at United Bank and Muhammad Mian Soomro at National Bank of Pakistan, were "successful in bringing the nationalised commercial banks (NCBs) back from virtual extinction."
Tarin is an ethnic Pashtun born to an army doctor in Multan. He got his initial education from Army Cantonment schools all over Pakistan and later got his MBA from University of the Punjab. He joined Citibank in 1975 and remained with it for 22 years rising to become its country manager in Thailand.
Shaukat Tarin (Urdu: شوکت ترین ; born 1953) is a Pakistani banker who served as Finance Minister of Pakistan from 2009 to 2010 in the Gillani cabinet.
