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20/07/2025
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19/07/2025

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Today, we pay tribute to Dr. Shamshad Akhtar Detho, an eminent Pakistani economist, policymaker, and trailblazer in global finance, on her birthday. Born on 15th July 1954 in Hyderabad, Sindh, her father hailed from village Nazer Detho of Naushehro Feroz district.

Dr. Akhtar has devoted her career to shaping economic and financial landscapes both in Pakistan and internationally. After earning degrees from the University of the Punjab, Quaid-e-Azam University, the University of Sussex, and completing her Ph.D. from the University of Paisley, she further honed her expertise with a Fulbright post-doctoral fellowship at Harvard University. Dr. Akhtar served with distinction at the World Bank, Asian Development Bank, and the United Nations, where she held senior positions, including Executive Secretary of UNESCAP and Assistant Secretary-General. In 2006, she became the first woman to be appointed Governor of the State Bank of Pakistan, leading key reforms in monetary policy and banking stability. Her leadership earned her international acclaim, including being named “Asia’s Best Central Bank Governor” and recognized among the top ten Asian women by the Wall Street Journal Asia. Dr. Akhtar also served twice as Pakistan’s caretaker Federal Finance Minister and made history again as the first woman Chairperson of the Pakistan Stock Exchange. With her commitment to financial inclusion, sustainable development, and economic reform, Dr. Shamshad Akhtar remains a source of pride for Pakistan and an inspiration for women aspiring to leadership in economics and policymaking.

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