Preceded by Hani Hussein Role Politician Name Mustafa Al-Shamali | Alma mater Ain Shams University Succeeded by Ali al-Omair Education Ain Shams University | |
Prime Minister Jaber Al Mubarak Al Sabah Prime Minister Jaber Al Mubarak Al Sabah Succeeded by Salem Abdulaziz Al Sabah | ||
Mustafa Jassem Al-Shamali (born 1943) is a Kuwaiti politician who has had held different cabinet posts. He served as minister of finance between 11 December 2012 and January 2014. He also served as oil minister from 4 August 2013 to January 2014.
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Early life and education
Shamali was born in 1943. He received a bachelor's degree in business and management from Ain Shams University, Egypt, in 1968.
Career
Shamali started his career at the ministry of finance following the graduation. He held different positions at the ministry, including director of the economic cooperation department (1975-1982), director of the ministry's general diwan (1985-1986), the ministry's undersecretary for economic affairs (1986-2006), and director of the ministry's undersecretary (2006-2007).
On 13 December 2011, Shamali was appointed minister of health, but was replaced by Ali Saad Al Obeidi on 14 February 2012. Shamali was appointed as finance minister in a cabinet reshuffle in February 2012.
On 27 May 2013, Shamali was also appointed acting oil minister to succeed Hani Hussein who resigned from office. On 4 August he was appointed oil minister and his tenure as finance minister ended. Salem Abdulaziz Al Sabah replaced Shamali as finance minister. Shamali was also made deputy prime minister in the same reshuffle. In addition, he is chairman of the board of the Kuwait Investment Authority (KIA).
In January 2014, Ali Al Omair was appointed oil minister and replaced him in the post.
Controversy
In March 2012, Musallam Al-Barrak, Chairman of Kuwait’s Public Funds’ Protection Committee announced that a motion would be filed against officials at the KIA by the Popular Action Bloc, in relation to payments made by the KIA to Kuwaiti companies. In a public statement, Al-Barrak stated that Al-Shamali would be “stopped and held accountable for failing to protect public funds” against corruption.