In 2008, Minouche Shafik was appointed Permanent Secretary of DFID, after having held the position of Director General for Country Programmes. DFID is the UK Government’s ministry in charge of managing the aid the UK provides to poor countries.
She was previously Vice-President, Private Sector Development and Infrastructure, at the World Bank and was part of the senior management group of the International Finance Corporation (IFC).
She was Deputy Managing Director at the International Monetary Fund from April 2011 to 2014.
In 2014, she was appointed Vice Governor of the Bank of England, responsible for markets and banking, and was a member of the Monetary Policy Committee. Her appointment as the next Director of the London School of Economics was announced on 12 September 2016. She took office on 1 September 2017.
Minouche holds a BSc in Economics and Politics from the University of Massachusetts Amherst and a Master’s in Economic Science from the London School of Economics. She also holds a PhD in Philosophy from St. Antony’s College, Oxford University.