Nemat Shafik

Dame Nemat Shafik DBE
Deputy Governor of the Bank of England
Incumbent
Assumed office 1 August 2014
Personal details
Born	Nemat Talaat Shafik 1962 (age 54–55) Alexandria, Egypt
Nationality	UK/US Egyptian
Alma mater	American University in Cairo University of Massachusetts-Amherst London School of Economics St Antony's College, Oxford

Dame Nemat Talaat Shafik, DBE (Arabic: نعمت شفيق) also known as Minouche Shafik is an British-American economist who serves as the Deputy Governor of the Bank of England with responsibility for markets and banking and a Member of the Bank of England Monetary Policy Committee. She was the Deputy Managing Director of the International Monetary Fund, a position she held from 2011-14. She previously served as Permanent Secretary of the United Kingdom Department for International Development (DFID) beginning in March 2008. On 12 September 2016 it was announced that Shafik had been appointed as the next Director of the London School of Economics and was scheduled to take up the post as of 1 September 2017.

An economist by training, she has held a number of senior positions in international organisations. She has also spoken, taught and published extensively on globalisation, emerging markets and private investment, international development, the future of Middle East and Africa, and the environment.

Shafik was born in Alexandria, Egypt in 1962. Her family left Egypt in the 1960s, and she lived in the United States as a child, later returning to Egypt where she graduated from high school. After a year at the American University in Cairo, she went to the University of Massachusetts-Amherst where she completed a B.A. in economics and politics.

After two years of working on development issues in Egypt for the U.S. Agency for International Development office in Cairo, in 1986 she completed an MSc in Economics from the London School of Economics followed by a DPhil in Economics from St Antony's College, University of Oxford in 1989.

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