Chedly Ayari Explained

Chedly Ayari
Birth Date:1933 8, df=y
Birth Place:Tunis, French Tunisia
Nationality:Tunisian
Party:PSD
Office:President of the Central Bank of Tunisia
Term Start:24 July 2012
Term End:16 February 2018
Predecessor:Mustapha Kamel Nabli
Office2:Minister of Equipment, Housing and Spatial Planning
Term Start2:25 September 1974
Term End2:19 February 1975
Predecessor2:Mustapha Zaanouni
Successor2:Mansour Moalla
Office3:Minister of Finance
Term Start3:22 March 1972
Term End3:25 September 1974
Predecessor3:Mekki Zidi
Office4:Minister of Education
Term Start4:12 June 1970
Term End4:29 October 1971
Predecessor4:Mohammed Mzali
Successor4:Abdelaziz Beltaïef
Term Start5:12 June 1970
Term End5:6 November 1970
Predecessor5:Mohammed Mzali
Successor5:Abdelaziz Beltaïef
Office6:Minister of Equipment, Housing and Spatial Planning
Term Start6:7 November 1969
Term End6:12 June 1970
Predecessor6:Abderrazak Rassaa
Successor6:Mansour Moalla

Chedly Ayari (Arabic: الشاذلي العياري) (8 August 1933 – 28 January 2021) was a Tunisian politician, economist, and diplomat. He served in several ministerial positions under the government of Habib Bourguiba and was President of the Central Bank of Tunisia from 24 July 2012 to 16 February 2018.

Early life and education

Ayari was born in Tunis. After his secondary studies at Sadiki College, he enrolled in the School for Advanced Studies in the Social Sciences. He earned a doctorate in economics in 1961 and a master's degree in private law from the School for Advanced Studies in the Social Sciences of the Paris-Sorbonne University.[1]

Career

Ayari began his career as a department head at the Société Tunisienne de Banque before becoming an assistant professor at Tunis University the following year. He earned an agrégation in economics from the University of Paris and became a professor at Tunis University and at the Faculté de droit et des sciences économiques et de gestion de Tunis, as well as an assistant professor at Aix-Marseille University and the University of Nice Sophia Antipolis.[2] During his career, he earned the title of doctorus honoris causa from Aix-Marseille University and Honorary President of the .

As a researcher, Ayari studied international financial and monetary relations, macroeconomic policy,[3] and human development.[4] He was involved in several international research institutions, such as the Economic Research Forum in Cairo. He was also vice-president of the Tunisian National Advisory Council for Scientific Research and Technology. He was Director General of the from 1967 to 1969,[5] a member of the scientific council of the Tunisian Foundation for Translation, Preparation of Texts and Studies,[6] a member of the Conseil tunisien de la recherche scientifique et technologique,[7] and an honorary member of the Tunisian Academy of Sciences, Letters, and Arts.[8] [9] He was the author of numerous books focusing on economic, financial, monetary, social, and political issues, which were published in French, Arabic, English, and German. Several of his articles were published in the .[10]

Ayari was a militant for the Tunisian national movement as a member of the . He was then a member of the political office and central committee of the Socialist Destourian Party until 1975. President Habib Bourguiba appointed him to numerous ministerial positions within his cabinet. He served as Minister of Equipment, Housing and Spatial Planning from 7 November 1969 to 12 June 1970 and again from 25 September 1974 to 19 February 1975. He was from 12 June 1970 to 6 November 1970, while also serving as Minister of Education from 12 June 1970 to 29 October 1971. He was Minister of Finance from 22 March 1972 to 25 September 1974. On 22 January 2010, he was appointed by decree to the Chamber of Advisors.[11]

Ayari held several diplomatic responsibilities, such as economic advisor to the Tunisian delegation at the United Nations in New York City from 1960 to 1964. He was also Ambassador to the European Commission, Belgium, and Luxembourg in 1972.[12] He was Chairman of the Commission for Industrial Development at the UN in 1962 and of the Arab Bank for Economic Development in Africa from 1963 to 1964, executive director of the World Bank from 1964 to 1965, and a member of the advisory board for the African Development Bank.[13]

Ayari was appointed president of the Central Bank of Tunisia on 24 July 2012, replacing Mustapha Kamel Nabli and being approved by the Constituent Assembly of Tunisia by a vote of 97 to 89, with 4 abstentions.[14] His approval was highly criticized due to his relationship with former ruler Zine El Abidine Ben Ali, who was overthrown during the Tunisian Revolution in 2011.[15] As President of the Bank, he sought to improve the Tunisian economic situation,[16] while bringing reforms to banking and financial systems within the country.[17] Thanks to his efforts, he won the Tatweej Award for Excellence and Quality in the Arab world in 2014.[18] In 2017, he earned a grade of B from the Central Banker Report Cards, awarded by the American magazine Global Finance.[19] On 14 February 2018, he assured the Assembly of the Representatives of the People in a hearing that Tunisia's placement on the blacklist of the European Parliament was purely political.[20] That same day, he submitted his resignation as President of the Central Bank of Tunisia to Prime Minister Youssef Chahed.[21] [22] His successor,, was appointed on 19 February 2018.[23] [24]

Personal life

He was the son of Sadok and Fatouma Ayari. He married Élaine Vatteau in 1959, and the couple lived in Gammarth, where their three children were born.[25]

He died of COVID-19 during the COVID-19 pandemic in Tunisia aged 87.[26]

Honours

Publications

Notes and References

  1. Web site: Les personnalités de l'économie tunisienne . ilboursa.com . French .
  2. Web site: Chedly Ayari. ilboursa.com. French.
  3. Web site: Chedly Ayari. 9 December 2008. Leaders. French.
  4. Les investissements de capitaux privés arabes au Maghreb et au Machreq. 1991. Persée. 10.3406/remmm.1991.1478 . French . Ayari . Chedly . 62 . 1 . 136–140 .
  5. Web site: Stratégie de Développement Economique et Social. 1 October 2011. Leaders. French.
  6. Web site: Diplômes et distinctions universitaires. bct.gov.tn. French.
  7. Web site: Décrets et Arrêtés. 9 December 1983. Journal Officiel de la République Tunisienne. French. 27 January 2021. 1 February 2021. https://web.archive.org/web/20210201111032/http://www.legislation.tn/sites/default/files/journal-officiel/1983/1983F/Jo08083.pdf. dead.
  8. Web site: Nominations. 5 March 2002. Journal Officiel de la République Tunisienne. French. 27 January 2021. 11 August 2017. https://web.archive.org/web/20170811222435/http://www.legislation.tn/sites/default/files/fraction-journal-officiel/2002/2002F/019/TF20021754.pdf. dead.
  9. Web site: Hichem Djaït forme le nouveau conseil scientifique de Beit al-Hikma. 26 September 2012. Leaders. French.
  10. Web site: Auteur Chedly AYARI. Institut des Belles Lettres Arabes. French. dead. https://web.archive.org/web/20190212011103/http://www.iblatunis.org.tn/pmb/opac_css/index.php?lvl=author_see&id=16439. 12 February 2019.
  11. Web site: Biographie du nouveau gouverneur de la Banque centrale de Tunisie. 25 July 2012. Kapitalis. French.
  12. Book: 2007. Who's Who in the Arab World 2007-2008. Berlin. Walter de Gruyter. 978-3-110-93004-7.
  13. Web site: Décrets et Arrêtés. 26 January 2010. Journal officiel de la République tunisienne. French.
  14. Web site: Tunisie: Biographie de Chedly Ayari, nouveau gouverneur de la BCT. 25 July 2012. Tunisie Numérique. French.
  15. Web site: Tunisie : Chedly Ayari nommé gouverneur de la Banque centrale. 24 July 2012. Jeune Afrique. French.
  16. Web site: Tunisie: un nouveau chef à la Banque centrale après un mois d'imbroglio. 24 July 2012. Huffington Post. French.
  17. Web site: Chedly Ayari : La politique monétaire de la Tunisie fonctionne en mode resserrement. 29 September 2013. Business News. French.
  18. Web site: Chedly Ayari : Pourquoi de nouveaux statuts de la Banque centrale et une nouvelle loi bancaire sont indispensables (Vidéo). 14 March 2016. Leaders. French.
  19. Web site: Chedly Ayari, lauréat du Prix Tatweej Academy à Dubaï. 20 December 2014. Leaders. French.
  20. Web site: Où se situe Chedly Ayari dans le classement du magazine américain "Global Finance" des meilleurs gouverneurs de banques centrales?. 11 September 2017. Huffington Post. French. dead. https://web.archive.org/web/20190127105756/https://www.huffpostmaghreb.com/2017/09/11/chedly-ayari-tunisie_n_17962622.html. 27 January 2019.
  21. Web site: Le gouverneur de la Banque centrale affirme qu'il ne ne restera à son poste pas même si les députés votent pour son maintien. 14 February 2018. Huffington Post. French. dead. https://web.archive.org/web/20180217030202/http://www.huffpostmaghreb.com/2018/02/14/chedly-ayari-banque-centr_n_19231044.html?utm_hp_ref=tunisie. 17 February 2018.
  22. Web site: Tunisie : le gouverneur de la Banque centrale présente sa démission au chef du gouvernement. 15 February 2018. Anadolu Agency. French.
  23. Web site: Tunisie : démission du gouverneur de la Banque centrale, au centre d'une procédure de révocation. 15 February 2018. Jeune Afrique. French.
  24. Web site: BCT : passation entre Chedly Ayari et Marouane Abbassi (Album Photos). 19 February 2018. Leaders. French.
  25. Web site: Chedly Ayari: Chronique d'une sortie pathétique (Album photos). 4 March 2018. Leaders. French.
  26. https://www.leconomistemaghrebin.com/2021/01/28/deces-ancien-ministre-gouverneur-bct-chedly-ayari/ Décès de l'ancien ministre et gouverneur de la BCT Chedly Ayari
  27. Web site: Décrets et arrêtés . 28 January 2021 . 24 August 1971 . Journal officiel de la République tunisienne . French . 10 December 2018 . https://web.archive.org/web/20181210063233/http://www.legislation.tn/sites/default/files/journal-officiel/1971/1971F/Jo03671.pdf . dead .
  28. Web site: Décrets et arrêtés . Portail de l'Information Scientifique et Technique PIST.TN - Produits et Services . 24 August 1971 . Journal officiel de la République tunisienne . fr-FR .