Dame Nemat Shafik, DBE

Deputy Governor, Bank of England

Economist Nemat Shafik, also known by her nickname Minouche, became deputy governor of markets and banking at the Bank of England in 2014. She has responsibility for reshaping the bank’s operations and balance sheet, leading the exit from quantitative easing, and also sits on the monetary policy committee. Shafik’s stellar CV includes three years as permanent secretary at the Department for International Development before she joined the IMF as deputy managing director, overseeing Europe and the Middle East and managing the fund's administrative budget. Born in Alexandria, Shafik grew up in the US before returning to Egypt for high school. She went to university in Cairo and America, and studied for a DPhil at Oxford, subsequently working for World Bank where she became its youngest ever vice-president at the age of 36.

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Debrett's 500 2016