Muhammad Yaqub (born 10 May 1937) is a Pakistani

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

who served as the 12th

Governor of the State Bank of Pakistan Here is a list of the governors of the State Bank of Pakistan. List of governors See also * State Bank of Pakistan * Planning Commission (Pakistan) * Economy of Pakistan References Profile of Past Governors of State Bank of Pakistan ...

from 1993 to 1999.

Early life and education

Muhammad Yaqub was born on 10 May 1937. He earned his B.A. from the

University of Punjab The University of the Punjab (UoP) is a public research university in Lahore, Punjab, Pakistan. Founded in 1882, its international influence has made it one of the most prestigious universities in South Asia; being the oldest and largest publ ...

in 1957, an M.A. in

economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...

from the same university in 1959, a second M.A. from

Yale University Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United Stat ...

in 1965, and a

Ph.D. A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of graduate study and original research. The name of the deg ...

from

Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...

in 1966.

Career

Yaqub began his career at the

State Bank of Pakistan The State Bank of Pakistan (SBP) is the central bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope ...

in 1960 as a research officer in the Research Department and was promoted to director in 1975. He joined the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

(IMF) in 1972 and served there until he left in 1992 to serve as the Special Secretary and principal economic adviser in the

Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

of the

Government of Pakistan The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...

. He resigned from his position as Governor on 5 November 1999, to become a member of the

National Security Council A national security council (NSC) is usually an executive branch governmental body responsible for coordinating policy on national security issues and advising chief executives on matters related to national security. An NSC is often headed by a n ...

References

Living people 1937 births Pakistani economists Governors of the State Bank of Pakistan International Monetary Fund people University of the Punjab alumni Princeton University alumni Yale University alumni {{Pakistan-bio-stub