Moin A. Qureshi

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Moin A. Qureshi, a Pakistani economist and International Officer, son of Mohyeddin Ahmad Qureshi and Khursheed Jabin, was born in Lahore, Pakistan on 26 June 1930. He passed his B.A. (Hons.) from Islamia College, Lahore, M. A. Economics from Government College, Lahore, and Ph.D. (Economics) from Indiana University.

He began his career in the Government of Pakistan in 1953 where he held a series of responsible positions in finance planning. From 1958 to 1970, he served with the International Monetary Fund, both at headquarters in Washington D.C and in the field, in a variety of Senior Economic and Operational assignments. During 1974-77, he was Vice President of IFC. During 1977-1981, he was appointed as Executive Vice President and then Chief Operating Officer of the International Finance Corporation (IFC) responsible for managing IFC’s global operations which involve the financing of private enterprises and investments, including joint ventures and capital market operations in developing countries. During 1981-1987, he worked as Senior Vice President, World Bank and from 1987 to 1991, he was in charge of all World Bank operations. Mr. Qureshi left the World Bank in 1992 and agreed to serve as Caretaker Prime Minister of Pakistan for an interim period from July, 18 1993 to October, 19 1993. At the time of his appointment, Moin A. Qureshi was totally unknown in Pakistan; it was, however, felt that as he was a political outsider, he would remain neutral. His Government introduced comprehensive reforms in economic, social and political fields. His Government also organized nationwide elections for a new democratically elected Government. Following the installation of the new Government in Pakistan in October 1993, he returned to private business. He was awarded “Hilal-i-Imtiaz” by the President of Pakistan in March 1992.

He is a member of the Boards of Newmont Mining Corporation, the General Electric Company (GE), the Power Corporation of Canada and the International Advisory Board of the American International Group (AIG). He is also Chairman of the Board of Trustees of the National Planning Association and a Trustee of the Asia Society.

He is an advisor to several International Institutions and has chaired a number of International Commissions and Committees dealing with International and Public Affairs. He recently served as Co-Chairman (together with the President of the Federal Republic of Germany) of a Group set up in response to the request of the Secretary General to examine the future of the United Nations, in the context of the major changes that have taken place since its founding in 1945. He is currently Chairman and Managing Partner, Emerging Market Cooperation, (Washington D.C.) that was established in 1991.

A number of his articles were published in economic journals. His leisure interests re tennis and collecting antiques. Mr. Qureshi was married to Lilo Elizabeth Richter and has four children: two sons and two daughters.

This article was last updated on Friday, October 08, 2004