Seyed Mohsen Nourbakhsh
Governor of the Central Bank of Iran
In office
1994 – 23 March 2003
Appointed byMohammad Khatami
Akbar Hashemi Rafsanjani
DeputyMohammad-Javad Vahaji
Preceded byMohammad Hossein Adeli
Succeeded byEbrahim Sheibani
In office
1981–1986
Appointed byMir-Hossein Mousavi
Preceded byAlireza Nobari
Succeeded byMajid Ghassemi
Vice President of Iran for Economic Affairs
In office
12 August 1993 – 14 September 1994
PresidentAkbar Hashemi Rafsanjani
Minister of Economy and Financial Affairs
In office
1989–1993
PresidentAkbar Hashemi Rafsanjani
Preceded byMohammad-Javad Irvani
Succeeded byMorteza Mohammadkhan
Personal details
Born(1948-05-18)18 May 1948
isfahan, Iran
Died23 March 2003(2003-03-23) (aged 54)
Noshahr, Iran
Political partyExecutives of Construction Party

Seyed Mohsen Nourbakhsh (Persian: سید محسن نوربخش; 18 May 1948 – 23 March 2003) was an Iranian economist, most known as governor of the Central Bank of Iran and the former minister of finance of Iran.[1] Nourbakhsh had pro-market views.[2]

Personal life and education

Born in isfahan, Nourbakhsh received a bachelor's degree from the University of Tehran in economics, and a Master of Arts and PhD from the University of California at Davis in econometrics.[1][3]

Career

Shortly after the Iranian Revolution, Nourbakhsh's nomination for finance minister was rejected by the president Abolhassan Banisadr.[4] Nourbakhsh was then named deputy finance minister and held that office until 1981.[4]

In 1988, Nourbakhsh became a member of the Majlis and a representative for Tehran.[4] Next he was nominated for the economy and finance minister to the government of the then-president Akbar Hashemi Rafsanjani in 1989.[5] He was approved by the Majlis with 195 for and 43 against votes.[5] In the Summer of 1993, he was forced by the Majlis to resign.[6]

Nourbakhsh was then appointed the governor of the Central Bank of Iran by president Akbar Hashemi Rafsanjani in 1994 and he was in office until his death in 2003.[7] In 1999 president Mohammad Khatami reappoints him as the governor. During the first term of president Mohammad Khatami, Hossein Namazi was the minister of economy and finance. There was rivalry between Nourbakhsh and Namazi in regard to the economic policy.[8]

Death

Nourbakhsh died of a heart attack on 23 March 2003.[4] He had had a heart failure since his childhood, and had undergone a heart surgery.[4] Mohammad Khatami, in a condolence message, praised Nourbakhsh as a "very sincere, intelligent and capable serviceman" and described his death as a "great loss."[4]

Mohammad Javad Vahaji, deputy governor, replaced Nourbakhsh and later in the year, Ebrahim Sheibani was his successor as governor.

References

  1. ^ a b "رئيس بانک مرکزی ايران درگذشت". BBC. 23 March 2003. Retrieved 18 February 2013.
  2. ^ Canada: Immigration and Refugee Board of Canada, Iran: Chronology of Events: June 1989 – July 1994, 1 January 1995, available at: http://www.refworld.org/docid/3ae6a8170.html [accessed 6 May 2016]
  3. ^ "The American Economic Review, Volume 69, Issues 3-5". 1979.
  4. ^ a b c d e f "Iran's Central Bank Governor Mohsen Nourbakhsh dies of heart attack". Payvand. Islamic Republic News Agency. 23 March 2003. Retrieved 18 February 2013.
  5. ^ a b Ehteshami, Anoushiravan (1991). "After Khomeini: the Structure of Power in the Iranian Second Repuhlic". Political Studies. XXXIX: 148–157. doi:10.1111/j.1467-9248.1991.tb00586.x. S2CID 145005463.
  6. ^ Bahman Baktiari (1996). Parliamentary Politics in Revolutionary Iran: The Institutionalization of Factional Politics. University Press of Florida. p. 236. ISBN 978-0-8130-1461-6. Retrieved 18 February 2013.
  7. ^ "Governors". Central Bank of Iran. Retrieved 18 February 2013.
  8. ^ Dinmore, Guy (22 August 2000). "Upturn in Iran may aid Khatami". Financial Times. Retrieved 21 June 2013.
Government offices Preceded byMohammad Hossein Adeli Governor of the Central Bank of Iran 1994–2003 Succeeded byMohammad-Javad Vahajias Acting Governor New title Vice President of Iran for Economic Affairs 1993–1994 VacantTitle next held byMohammad Nahavandian Preceded byMohammad-Javad Irvani Minister of Economic Affairs and Finance 1989–1993 Succeeded byMohammad-Javad Vahajias Acting Minister Preceded byAlireza Nobari Governor of the Central Bank of Iran 1981–1986 Succeeded byMajid Ghassemi
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