Mohsen Nourbakhsh

Seyed Mohsen Nourbakhsh
Minister of Economy and Financial Affairs
In office 1989–1993
President	Akbar Hashemi Rafsanjani
Preceded by	Mohammad-Javad Irvani
Succeeded by	Morteza Mohammad Khan
Governor of Central Bank of Iran
In office 1981–1986
Preceded by	Alireza Nobari
Succeeded by	Majid Ghasemi
In office 1994–2003
Preceded by	Mohammad-Hossein Adeli
Succeeded by	Ebrahim Sheibani
Personal details
Born	May 18, 1948(1948-05-18) Isfahan, Iran
Died	March 23, 2003(2003-03-23) (aged 54) Tehran, Iran

Seyed Mohsen Nourbakhsh (18 May 1948 – 23 March 2003) (Persian: سید محسن نوربخش ) was an Iranian economist, most famous as Governor of the Central Bank of Iran and the former Minister of Economic and Finance of Iran.^[1]

Personal Life and Education

Born in Isfahan, 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.^[2]

Political career

Nourbakhsh first came into office shortly after the Iranian Revolution 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 ^[3] by President Mohammad Khatami in 1999 until his death in 2003.

Death

Nourbakhsh died at 23 March 2003 in his bed in Lavasan Tehran. 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".^[4]

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.

References

1. ^ Mohsen Nourbakhsh http://www.bbc.co.uk/persian/business/030323_mf-nourbakhsh.shtml
2. ^ BBC Persian - رئيس بانک مرکزی ايران درگذشت http://www.bbc.co.uk/persian/business/030323_mf-nourbakhsh.shtml
3. ^ Governor of Central Bank of Iran http://www.cbi.ir/page/1570.aspx
4. ^ Iran's Central Bank Governor Mohsen Nourbakhsh dies of heart attack http://www.payvand.com/news/03/mar/1120.html

Persondata
Name	Nourbakhsh, Mohsen
Alternative names
Short description
Date of birth	18 May 1948
Place of birth	Isfahan, Iran
Date of death	23 March 2003
Place of death	Tehran, Iran