Mohsen Nourbakhsh
Encyclopedia
Seyed Mohsen Nourbakhsh (Persian: سید محسن نوربخش ) was an Iran
ian economist
, most famous as Governor of the Central Bank of Iran and the former Minister of Economic and Finance of Iran
.
, Nourbakhsh got his bachelor degree from University of Tehran
in economics, and he received his Master of Art and PHD from University of California at Davis, in econometrics.
as the deputy finance minister until 1981 after his bid for finance minister was rejected by then president Abolhassan Banisadr
who later defected.
He was later appointed as the governor of the Central Bank of Iran until 1986 during the government of then prime minister Mir-Hossein Moussavi.
In 1988, Nourbakhsh was elected as the parliamentary representative from Tehran before becoming then president Akbar Hashemi Rafsanjani
Economic and Finance minister between 1994 and 1995.
He was forced to step down after failing the Iranian parliament's vote of confidence in an impeachment motion. Rafsanjani appointed him as his economic right hand and his deputy immediately after the impeachment.
Nourbakhsh was then reinstated as the Governor of Central Bank of Iran by President Mohammad Khatami
in 1999 until his death in 2003.
. He had a heart failure and was not reached to the hospital in time.
President Mohammad Khatami, in a condolence message, praised Nourbakhsh as a "very sincere, intelligent and capable serviceman" and described his death as a "great loss".
According to Monetary and Banking Law, Article 19 , Note C, Mr Mohammad Javad Vahaji, Deputy Governor, was replaced following the death of Nourbakhsh and later in the year, Ebrahim Sheibani
was his successor in the Central Bank.
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
ian economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
, most famous as Governor of the Central Bank of Iran and the former Minister of Economic and Finance of Iran
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
.
Personal Life and Education
Born in IsfahanIsfahan (city)
Isfahan , historically also rendered in English as Ispahan, Sepahan or Hispahan, is the capital of Isfahan Province in Iran, located about 340 km south of Tehran. It has a population of 1,583,609, Iran's third largest city after Tehran and Mashhad...
, Nourbakhsh got his bachelor degree from University of Tehran
University of Tehran
The University of Tehran , also known as Tehran University and UT, is Iran's oldest university. Located in Tehran, the university is among the most prestigious in the country, and is consistently selected as the first choice of many applicants in the annual nationwide entrance exam for top Iranian...
in economics, and he received his Master of Art and PHD from University of California at Davis, in econometrics.
Political career
Nourbakhsh first came into office shortly after the Iranian RevolutionIranian Revolution
The Iranian Revolution refers to events involving the overthrow of Iran's monarchy under Shah Mohammad Reza Pahlavi and its replacement with an Islamic republic under Ayatollah Ruhollah Khomeini, the leader of the...
as the deputy finance minister until 1981 after his bid for finance minister was rejected by then president Abolhassan Banisadr
Abolhassan Banisadr
Abulhassan Banisadr is an Iranian politician, economist and human rights activist who served as the first President of Iran from 4 February 1980 after the 1979 Iranian Revolution and the abolition of the monarchy until his impeachment on 21 June 1981 by the Parliament of Iran...
who later defected.
He was later appointed as the governor of the Central Bank of Iran until 1986 during the government of then prime minister Mir-Hossein Moussavi.
In 1988, Nourbakhsh was elected as the parliamentary representative from Tehran before becoming then president Akbar Hashemi Rafsanjani
Akbar Hashemi Rafsanjani
Ayatollah Akbar Hashemi Rafsanjani is an influential Iranian politician and writer, who was the fourth President of Iran. He was a member of the Assembly of Experts until his resignation in 2011...
Economic and Finance minister between 1994 and 1995.
He was forced to step down after failing the Iranian parliament's vote of confidence in an impeachment motion. Rafsanjani appointed him as his economic right hand and his deputy immediately after the impeachment.
Nourbakhsh was then reinstated as the Governor of Central Bank of Iran by President Mohammad Khatami
Mohammad Khatami
Sayyid Mohammad Khātamī is an Iranian scholar, philosopher, Shiite theologian and Reformist politician. He served as the fifth President of Iran from August 2, 1997 to August 3, 2005. He also served as Iran's Minister of Culture in both the 1980s and 1990s...
in 1999 until his death in 2003.
Death
Nourbakhsh died at 23 March 2003 in his bed in Lavasan TehranTehran
Tehran , sometimes spelled Teheran, is the capital of Iran and Tehran Province. With an estimated population of 8,429,807; it is also Iran's largest urban area and city, one of the largest cities in Western Asia, and is the world's 19th largest city.In the 20th century, Tehran was subject to...
. He had a heart failure and was not reached to the hospital in time.
President Mohammad Khatami, in a condolence message, praised Nourbakhsh as a "very sincere, intelligent and capable serviceman" and described his death as a "great loss".
According to Monetary and Banking Law, Article 19 , Note C, Mr Mohammad Javad Vahaji, Deputy Governor, was replaced following the death of Nourbakhsh and later in the year, Ebrahim Sheibani
Ebrahim Sheibani
Ebrahim Sheibani is an Iranian economist who is currently the Iranian Ambassador to Austria, Slovenia and Slovakia. His previous positions include governor of the Central Bank of Iran and secretary general under the late Mohsen Nourbakhsh.He also served as the chairman of the money and credit...
was his successor in the Central Bank.