Shaukat Fayyaz Ahmed Tarin was born in 1953. He is a Pakistani banker who served as Finance Minister of Pakistan from 2008 to 2010 in the Gillani Cabinet. On 16 April 2021, he was appointed as the Finance Minister of Pakistan again, replacing the recently appointed Hammad Azhar after a cabinet reshuffle by Prime Minister of Pakistan Mr Imran Khan.
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.”
Before his ministerial role, Tarin served as the country manager of Citi Bank and did tenures as head of Habib Bank, Union Bank and twice as chairman of Karachi Stock Exchange. He currently sits on the board of Silkbank.
Shaukat Tarin as Finance Minister
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).
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.”
He was appointed as Federal Minister for finance and revenue affairs on 16 April 2021.
Member of Finance Committee
Shaukat Tarin is the member of the economic and finance committee since 18 April 2019 by Prime Minister Imran Khan. Shaukat Tarin 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.