Dr. Shafik is the first woman to run the London School of Economics. She served as the Deputy Governor of the Bank of England and is the fourth woman to hold this position since the establishment of the Bank.
She was the youngest Vice President at the World Bank at the age of thirty-six, she is also one of two women on the Monetary Policy Committee of the Central Bank of England. She was honored by Queen Elizabeth II for her multiple contributions and was awarded the rank of Order of the British Empire in 2015. Forbes magazine listed her among the most influential women in the world in 2017 and 2015 as well as selecting her among the 10 most powerful Arab and international women in 2016.Addtionally, she was named ‘UK Woman of the Year’ in 2009.
Dr. Shafik served as Secretary General of the UK Department for International Development and Deputy Managing Director of the International Monetary Fund from April 2011 to March 2014. Her qualifications include a B.A. in Politics and Economics from the University of Massachusetts, Amherst and a Master's degree in Economics from London College and a PhD from St. Antony's College, University of Oxford. She joined the World Bank team for 15 years and then took over the position of Governor of the Bank of England in 2014 where she became responsible for markets and banking services with a team of 9 members, specifically setting interest rates for banks.