AboutMuhammad Mian Soomro is a Pakistani politician and a banker who served as the Chairman of the Senate of Pakistan from 2003 to 2009. Soomro hails from an influential Sindhi feudal family that has been active in national politics since 1923. His father, the late Ahmed Mian Soomro, was Deputy Speaker of the West Pakistan Assembly and a member of the Senate and helped to establish the Senate Committee Systems. He is the grandson of another politician, Khan Bahadur Haji Moula Bux Soomro. He was Prime Minister of Pakistan in an acting capacity from 16 November 2007 to 25 March 2008 to oversee the 2008 General Elections and became the Acting President of Pakistan upon the resignation of Pervez Musharraf on 18 August 2008, both by virtue of his office of the Chairman of the Senate.
Family BackgroundHe hails from a renowned political family of Sindh that has been active in public life since 1923 and held several ministerial slots, speaker office and other key positions at various points of time.His father, late Ahmed Mian Soomro, was a seasoned parliamentarian, who was deputy speaker of the West Pakistan Assembly and a member of the Senate and had helped establish the Senate committee system.He has three children.
BankerAn internationally recognised professional banker, Soomro held various top positions both at home and abroad in national and international organisations. He has also worked in important positions for major banks:
- Bank of America
- general manager and chief executive officer of International Bank of Yemen
- Faysal Islamic Bank of Bahrain
- MCB Bank
- Zarai Taraqiati Bank Limited formally known as Agriculture Development Bank of Pakistan
- Federal Bank of Cooperatives
- President, National Bank of Pakistan
- Soomro earned great recognition for his achievements during his time with these organisations. He was also instrumental in the establishment of microcredit banking in Pakistan.
Famous Soomro TribeBeing, the head of the famous Soomro tribe, he is known for his strong interpersonal and leadership skills. He is well acquainted with national and socio-political and economic issues and has vast exposure to political life since his college days.
CareerSoomro’s role in public life started with his appointment as a governor of Sindh on May 25, 2000. During the tenure, he took a number of steps to bring about financial and administrative discipline, as well as to accelerate the pace of economic development in the province and bring about significant improvement in the quality of life of the general populace.During his governorship, the people of Sindh witnessed stability and ethnic harmony. Merit, transparency and good governance were the hallmarks of his administration.This was acknowledged even by the international donors, when under his leadership, the Sindh province became the first province in South Asia to be funded directly by the World Bank for restructuring programme.He resigned from the office of Sindh governor on December 26, 2002 to contest the Senate election. He was elected as chairman of the Senate on March 12, 2003 for a three-year term.
Chairman of the SenateSoomro resigned from the office of Sindh Governor on 26 December 2002 to contest the Senate elections. He was elected as a Senator on 23 February 2003 and was subsequently elected as Chairman of the Senate on 12 March 2003.
Caretaker Prime MinisterSoomro was appointed as caretaker prime minister on 15 November 2007, at the expiration of the term of the previous prime minister, Shaukat Aziz, ahead of a new parliamentary election. On 16 November, Soomro was sworn in as prime minister by President Pervez Musharraf. His term ended on 25 March 2008, when Syed Yousaf Raza Gilani was sworn in as prime minister.
President of PakistanAs required by the constitution, Soomro (in his position as Chairman of the Senate) automatically became President on 18 August 2008, upon the resignation of Musharraf. The constitution also required that a new President be elected by Parliament within 30 days.Asif Ali Zardari was elected President and subsequently sworn in on 9 September 2008, succeeding Soomro.
Trustee of ILM Trust and Member of UMT Board of Governors
Additional ResponsibilitiesThe following are the additional responsibilities held by Mohammedmian Soomro between 1997 and 2000 as director of boards :
- Shell Pakistan Ltd.
- Pakistan International Airlines Corporation.
- Pakistan Refinery Ltd. (Shell Petroleum Joint Venture)
- Pak Arab Refinery
- Pak Arab Fertilizer
- Bank Al-Jazira (Jeddah, Kingdom of Saudi Arabia)
- National Investment Trust: Open-ended mutual fund in Pakistan with directorships on nearly 90 per cent listed firms. 640 companies out of 730 companies on the stock exchange (with the directorships on 80 per cent of the companies on the Karachi Stock Exchange)
- Investment Corporation of Pakistan: Series of Mutual Funds
- National Discounting Services Ltd.
- National Exchange Company Abu Dhabi
- National Bank Modaraba Management Co. Ltd.
- First Women Bank Ltd.
- Consolidated Leasing Company
- Pakistan Tourism Development Corporation.
Other PositionsOther positions held by Mohammedmian Soomro included Chairman of the Pakistan Banks Association (1997-2000) (body of all banks), Member of Governing Council, Institute of Bankers Pakistan (IBP) (1997-2000).
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