Salem Abdulaziz Al Sabah
Kuwaiti royal and politician (born 1951)
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Salem Abdulaziz Al Sabah (Arabic: سالم عبدالعزيز الصباح; born 1 November 1951) is a Kuwaiti economist and politician. A member of the ruling Al Sabah family, he served as deputy prime minister and minister of finance from 4 August 2013 to January 2014.[1]
| 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 | September 1986 – February 2012 | ||||
| Predecessor | Abdulwahab Ali Al Tammar | ||||
| Successor | Mohammad Al Hashel | ||||
| Monarch | Sheikh Sabah Al Sabah | ||||
| Born | 1 November 1951 | ||||
| |||||
| House | House of Sabah | ||||
| Alma mater | American University of Beirut | ||||
Education
Al Sabah was born on 1 November 1951.[2] He graduated from the American University of Beirut in 1977 receiving a degree in economics.[2][3]
Career
Following his graduation Al Sabah started his career at the Central Bank of Kuwait in 1977 and served in various posts.[4] He was appointed governor of the Central Bank of Kuwait in September 1986 when Abdulwahab Ali Al Tammar resigned from the post.[5] Al Sabah's tenure ended in February 2012.[3][6] During his tenure he adopted reformist policies,[7] and held the following positions: chair of Institute of Banking Studies,[3][8] deputy governor at the Arab Monetary Fund and board member of Kuwait Investment Authority.[5] In addition, he served as a member of the Kuala Lumpur-based Islamic Financial Services Board.[8] He resigned from the governorship of the Central Bank after criticizing the Kuwaiti government's spending policies.[6] Mohammad Al Hashel succeeded him as governor in March 2012.[5][9]
On 4 August 2013, Al Sabah was appointed both deputy prime minister and finance minister.[10] He replaced Mustafa Al Shamali as finance minister.[11][12] As finance minister, Al Sabah also headed the Kuwait Investment Authority.[13]
In October 2013, Al Sabah publicly stated that the economy of Kuwait could grow only if administrative reforms were realized.[14] His tenure ended in January 2014 when Anas Khalid Al Saleh was appointed finance minister.[15]