Salem Abdulaziz Al Sabah
Quick Facts
Biography
Salem Abdulaziz Al Sabah is a Kuwaiti politician who served as deputy prime minister and minister of finance from 4 August 2013 to January 2014. He is a member of the ruling family, Al Sabah.
Education
Sabah graduated from the American University of Beirut.
Career and views
Sabah was the governor of the Central Bank of Kuwait from 1986 to February 2012. During his tenure he adopted reformist policies, and held the following positions: chair of Institute of Banking Studies, deputy governor at the Arab Monetary Fund and board member of Kuwait Investment Authority. He resigned from the Central Bank due to his objections in regard to the Kuwaiti government's spending policies. Mohammad Al Hashel succeeded Sabah as governor in March 2012.
On 4 August 2013, Sabah was appointed both deputy prime minister and finance minister. He replaced Mustafa Al Shamali as finance minister. As finance minister, Sabah headed the Kuwait Investment Authority.
In October 2013, Sabah stated that the economy of Kuwait could grow only if administrative reforms were realized. His tenure ended in January 2014 when Anas Khalid Al Saleh was appointed finance minister.