Stephen Dhieu Dau Explained

Stephen Dhieu Dau
Occupation:Banker and Economist
Termend2:April 2016
Termstart2:August 2011
Predecessor2:Position Established
Succeeded2:Dak Diop Bichok
President2:Salva Kiir Mayardit
Office2:Ministry of Petroleum and Mining (South Sudan) Minister of Petroleum and Mining
Order:4th
Education:Bachelor of Commerce
Cairo University, Cairo, Egypt
Masters of Financial and Banking Studies
Sudan University of Science and Technology, Khartoum, Sudan
Nationality:South Sudanese
Office:Ministry of Finance and Economic Planning (South Sudan) Minister of Finance and Planning
Birth Place:Melut County, Upper Nile State, South Sudan
President:Salva Kiir Mayardit
Party:SPLM
Termend:March 2018
Termstart:July 2016
Successor:Salvatore Garang Mabiordit
Predecessor:David Deng Athorbei
Order2:1st
Image Name:Stephen_Dhieu_2.jpg
Birth Date:1963
Country:South Sudan
Honorific Prefix:Honorable

Stephen Dhieu Dau Ayik is South Sudanese politician, banker by profession, and financial technocrat. He is a proven professional[1] and held various cabinet positions in the Government of the Republic of South Sudan. He is a senior member of Sudan’s People Liberation Movement (SPLM) and had served in various cabinet positions. Stephen Dhieu Dau was the Minister of Finance and Planning until March 2018 in the RSS. He served as Minister of Petroleum and Mining and Minister of Commerce and Industry. Stephen Dhieu Dau is from Melut County, Upper Nile State, and belongs to the Nyiel section of the Padang Dinka ethnic group. In October 2022, President Salva Kiir appointed Stephen Dhieu Dau as the chairperson of the Board of Directors of the National Revenue Authority. In December 2022, He was appointed as a member of the SPLM Political Bureau.

Biography

Stephen Dhieu Dau Ayik was born in Melut County, Upper Nile State. Stephen Dhieu attended Renk Secondary School and went to Cairo University - Egypt, where he graduated with a bachelor's degree of commerce. During his studies years (1986 - 1990) at the university, he was very active student in academic, political and cultural activities in the students’ community. He was the Chief Editor of the Voice of South Sudan newspaper, was being issued by South Sudan Students Association in Egypt (SOSSA). As the Chief Editor, he wrote extensively about political, cultural and social issues facing Sudanese people and Southern Sudanese in particularly, in the time of war that broke out in 1980s between the North and the South, specifically, the problem of national identity, the issue of religion and state and how govern a United Sudan. His writings garnered popularity among the Sudanese and Southern Sudanese living in Egypt.

In 1991, Stephen Dhieu began his professional career at the Central Bank of Sudan (CBOS), formerly known, as Bank of Sudan (BoS) till the CPA era, working his way in banking profession to the senior positions’ roles in the banking control and financing dept. and foreign exchange and external relations dept. While working for the bank, he obtained a Post Graduate Diploma in Banking from the Higher Institute of Financial and Banking Studies in Khartoum and a master's degree in Financial and Banking Studies, from Business School, Sudan University of Science and Technology in 2005. His thesis was on examining the causes of bank insolvency.[2]

In 2006, he was appointed to the Technical Assessment and Conversion Committee, responsible for designing, processing and overseeing the change of the Sudanese currency from dinars (SD) to pounds (SDG). He was among the internal cells within Sudan, govern controlled areas who provided technical supporting to the Sudan People’s Liberation Movement (SPLM) negotiating team on wealth sharing protocol during the peace talks in Naivasha, Kenya, during the Comprehensive Peace Agreement (CPA) negotiations, the contribution that led to establishment of the two windows in banking industry in Sudan, the Islamic banking system in the North and the conventional banking system in the South, during the six years period of the CPA - 2005 to 2011. More as one of the few SPLM members working in the Central Bank, he was a member in the joint committees between Sudan and South Sudan, of prior and post CPA issues.

Government of Southern Sudan

In May 2007, Stephen Dhieu Dau was appointed as the Minister of Finance, Trade, and Economic Planning of the oil-rich Upper Nile state. As the state minister, he had overseen robust public finance management and economic development. Stephen Dhieu played a critical role during the 2010 elections. He was the Campaign Manager for the President Salva Kiir,[3] and the SPLM party in Upper Nile state. The SPLM won a slide victory in general elections in 2010 in Upper Nile state, at all three levels of the government (national in Khartoum, subnational in Juba and state), including gubernatorial position, and over 90% seat in all legislative assemblies.

In 2010, upon general elections, Stephen Dhieu Dau, was appointed as the Minister of Commerce and Industry in the Government of Southern Sudan (GoSS). As the Minister, he was responsible for formulation of policy, laws and regulations of trade and industry, promoting trade and reviving the defunct industrial schemes across Southern Sudan.

Government of the Republic of South Sudan

Following the independence of South Sudan on July 9, 2011, as South Sudan (RSS) became a, Republic, sovereign and independent country, he was appointed Caretaker Minister of Commerce and Industry from July 9. 2011 - August 25. 2011 pending the appointment of the first Cabinet of the newest Republic of South Sudan.

On August 26, 2011, Stephen Dhieu Dau was appointed as the first Minister of Petroleum and Mining[4] and tasked with overseeing the development of the oil and gas, formalization and harmonization of laws, agreements governing the petroleum industry,[5] imposition of sovereign powers on the oil sector and the transition of management[6] of the oil sector from the Republic of Sudan to the Republic of South Sudan,[7] successfully he managed to overtake the petroleum management.[8] As the Minister of Petroleum and Mining, he developed legislation to regulate petroleum[9] and mining[10] activities in South Sudan,[11] pushed for the employment of thousands of South Sudanese nationals in the oil sector, through South Sudanization program.

In August 2013, he was reappointed as the Minister of Petroleum and Mining (MPM),[12] which he held until April 2016. In April 2016, he was appointed as the Minister of Trade and Industry.[13] Then in July 2016, he was appointed as the Minister of Finance and Planning.[14]

As the Minister of Finance and Planning, he pushed for vital fiscal reforms, robust public financial management,[15] enforcing tough fiscal and monetary policies, strengthening cooperation with the International Monetary Fund (IMF) and The World Bank Group (WB) in the quest for revitalization of the economy of South Sudan.[16] He reached out to international and regional financial institutions,[17] resulted in attracting technical and financial support[18] to South Sudan,[19] concluding in membership in the Africa Export and Import Bank[20] (EXIM Bank) in 2017 in Cairo - Egypt and the Southern and Eastern Africa Trade and Development Bank[21] (TDB) in Nairobi- Kenya in 2017. Hon. Stephen Dhieu served as the Minister of Finance and Planning until March 2018.[22]

See also

Notes and References

  1. Mayai . Augustino Ting . 2017-01-17 . The Recent Change of Guards at the Ministry of Finance and Bank of South Sudan . The Sudd Institute . en-US.
  2. Examining the Causes of the Bank Insolvency . Sudan University Of Science And Technology . 2005-09-01 . Thesis . en . Stephen Dhieu Dau . Ayik . 2022-04-10 . 2022-03-20 . https://web.archive.org/web/20220320044453/http://repository.sustech.edu/handle/123456789/9486 . dead .
  3. News: 2010-05-21 . South Sudan swears in first elected president . en . Reuters . 2022-04-07.
  4. News: Written . Staff . August 27, 2011 . Kiir forms first cabinet of the independent South Sudan . 1 . Sudan Tribune . April 6, 2022 . October 30, 2022 . https://web.archive.org/web/20221030163412/https://sudantribune.com/article39493/ . dead .
  5. Web site: The Wayback Machine has not archived that URL. . 15 July 2023.
  6. News: 2012-11-03 . South Sudan could pump some oil by end-November: minister . en . Reuters . 2022-04-07.
  7. Web site: 2015-08-07 . Juba, Khartoum discuss oil . 2022-04-07 . Eye Radio . en-US.
  8. Web site: Holland . Hereward . Palouge oilfield is making progress . 2022-04-07 . www.iol.co.za . en.
  9. Web site: The South Sudan Petroleum Act 2012 - ResourceData . 2022-04-06 . www.resourcedata.org . en .
  10. Web site: "China to help South Sudan develop mining sector: how can South Africa get involved?" – Reprinted on The Africa Daily – The Centre for Chinese Studies . 2022-04-07 . en-GB .
  11. Web site: 2015-04-29 . South Sudan goes live with new Mining Cadastre System and launches web portal . 2022-04-07 . Trimble Land Administration . en-US.
  12. Web site: South Sudan's Kiir names new cabinet, leaves out VP post - South Sudan . 2022-04-07 . ReliefWeb . en.
  13. Web site: 2020-07-28 . Former rebels, ex-detainees in President Salva Kiir's Cabinet . 2022-04-07 . The East African . en.
  14. Web site: Stephen Dhieu named as new Minister of Finance . 2022-04-07 . Radio Tamazuj . en . 2022-04-23 . https://web.archive.org/web/20220423220459/https://radiotamazuj.org/en/news/article/stephen-dhieu-named-as-new-minister-of-finance . dead .
  15. Web site: UNDP and Ministry of Finance Discuss Recovery and Stabilization . 2022-04-06 . UNDP in South Sudan . en . 2017-03-21 . https://web.archive.org/web/20170321165954/http://www.ss.undp.org/content/south_sudan/en/home/presscenter/articles/2016/09/06/undp-and-ministry-of-finance-discuss-recovery-and-stabilization-.html . dead .
  16. Web site: Turkey, South Sudan ink economic cooperation deal . 2022-04-06 . www.aa.com.tr.
  17. News: 2017-07-07 . South Sudan asks donors to pay for a third of national budget . en . Reuters . 2022-04-07.
  18. Web site: China and South Sudan Sign Framework Agreement on Concessional Loan . 2022-04-07 . www.fmprc.gov.cn.
  19. Web site: 2019-01-31 . AfDB Director General, East African Region, hands over keys to Bank-funded Customs office building in Juba, South Sudan . 2022-04-07 . African Development Bank - Building today, a better Africa tomorrow . pt-pt.
  20. Web site: 2017-03-28 . South Sudan Becomes Latest Afreximbank Participating State . 2022-04-06 . African Export-Import Bank . en-US.
  21. Web site: September 4, 2017 . South Sudan signs MoU with Trade and Development Bank . 2021-04-08 . Sudan Tribune .
  22. News: 2018-03-13 . South Sudan president fires finance minister and blacklisted general . en . Reuters . 2022-04-06.