Mansur Muhtar Explained

Mansur Muhtar
Office1:Minister of Finance
Term Start1:17 December 2008
Term End1:17 March 2010
Predecessor1:Shamsuddeen Usman
Successor1:Olusegun Olutoyin Aganga
Birth Date:21 September 1959
Birth Place:Kano, Northern Region, British Nigeria (now, Kano, Kano State, Nigeria)

Mansur Mukhtar (born 21 September 1959) is a Nigerian economist who served as Minister of Finance in the cabinet of President Umaru Yar'Adua from 17 December 2008[1] to March 2010 when acting president Goodluck Jonathan dissolved his cabinet.[2]

Early life and education

Muhtar was born on 21 September 1959, in Kano. He attended King's College, Lagos, and then Ahmadu Bello University, Zaria where he obtained a B.Sc. Economics in 1980. He earned a master's degree in economics and politics of development from the University of Cambridge, United Kingdom in 1983, and a PhD in economics from the University of Sussex, Brighton in February 1988. Mukhtar was head of the department of economics and a lecturer at Bayero University, Kano, from 1988 to 1990.[3]

Career

Early beginnings

Muhtar worked at the Central Bank of Nigeria as an Assistant Economist (1980–81), and as a graduate assistant/assistant lecturer, in 1981 and 1982 at Bayero University, Kano.

Muhtar was special adviser/assistant to the minister of Agriculture and Natural Resources (1990–1992). He worked at the World Bank (1992–2000) in various roles. He was a deputy general manager at the United Bank for Africa between July 2000 and March 2001, and later was executive director at African Development Bank in Tunis.[3]

Minister of Finance, 2008–2010

Muhtar was appointed minister of finance in the cabinet of President Umaru Yar'Adua on 17 December 2008.[1] In cabinet reshuffle in 2010, he was replaced.[4]

World Bank, 2011–2014

Muhtar served as executive director of the World Bank from 2011 to 2014.[5] His appointment to this full-time position in Washington was a result of the creation of an additional seat for Africa on the board of the World Bank Group; Africa subsequently had three seats on the board from November 2010. Mansur's duties on the board included setting strategic directions and approving policies and programmes of the World Bank Group in the member states, approving internal policies including human resources and oversight of matters related to the functioning of the group's duties.[6]

Islamic Development Bank, 2014–present

In 2014 Muhtar moved to Jeddah, Saudi Arabia, where he became vice president of country operations of the Islamic Development Bank. In 2023, United Nations Secretary-General António Guterres appointed him as one of 22 members of the Scaling Up Nutrition (SUN) Movement's lead group.[7]

Notes and References

  1. Web site: Yar'Adua Renews His Mission . Nosike Ogbuenyi, Abimbola Akosile and Sufuyan Ojeifo . 19 December 2008. ThisDay.
  2. Web site: Jonathan Sacks Ministers . Vanguard . Daniel Idonor . 17 March 2010. 14 April 2010.
  3. Web site: Dr. Mansur Muhtar: Another first class finance minister . Labaran Saleh . 25 January 2009. Sunday Triumph . 16 December 2009.
  4. Camillus Eboh (24 March 2010), Nigerian cabinet takes shape, Senate to vet nominees Reuters.
  5. Business for Africa and the World, Dr. Mansur Muhtar – Vice President Operations, Islamic Development Bank, 2018
  6. Web site: Agba. David. Mansur Muhtar Now World Bank Director. Allafrica.com. 31 May 2011.
  7. https://press.un.org/en/2023/sga2208.doc.htm Secretary-General Appoints Global Leaders to Spearhead Fight against Malnutrition at Critical Moment for Food, Nutrition Security