ISLAMABAD: Prime Minister Imran Khan has appointed Dr Abdul Hafeez Sheikh as an advisor to PM on Finance after a major reshuffle in the cabinet.
The new appointment came after former Finance Minister Asad Umer stepped down from his post earlier.
Dr Sheikh has a vast experience of economic policy-making. His father Abdul Nabi Sheikh was among the founding members of Pakistan People’s Party (PPP).
Dr Sheikh got his doctorate from Boston University USA and remained Professor at Harvard University.
In 1990s Dr Sheikh enjoyed the portfolio of Director Economic Operations at World Bank in KSA and represented World Bank in more than 21 countries.
Dr Abdul Hafeez Sheikh was Federal Minister for Privatization and investment in 2003-2006 and Sindh’s Finance and Planning Minister in 2000-2002.
He also held a portfolio of 20th federal Finance Minister in the year 2010-2013.
At that time 34 transactions of $5 billion were made in privatization sector. He remained active in politics and was elected as a Senator by PPP.
