Ajmal Ahmady

Ajmal Ahmady (Persian/Pashto: اجمل احمدی) is an Afghan diplomat and politician who formerly served as the acting Minister of Commerce and Industry of Afghanistan and the Acting Governor of the Central Bank of Afghanistan, Da Afghanistan Bank.[2][3]

Ajmal Ahmady
اجمل احمدی
Governor of Da Afghanistan Bank
In office
3 June 2020  15 August 2021
PresidentAshraf Ghani
Succeeded byHaji Mohammad Idris
Minister of Commerce and Industry
In office
6 February 2019  3 June 2020
PresidentAshraf Ghani
Succeeded byNisar Ahmad Ghoryani[1]
Senior Economic Advisor
In office
30 January 2014  6 February 2019
PresidentAshraf Ghani
Personal details
Born (1978-04-18) 18 April 1978
Ghazni, Afghanistan
NationalityAfghan
Political partyIndependent
Alma materHarvard University (MBA, MSc)
University of California, Los Angeles (BSc)
ProfessionDiplomat

Early life

Ajmal Ahmady was born in the Ghazni Province of Afghanistan. He has a MBA from Harvard Business School, a Master of Economics and Public Administration from the Harvard Kennedy School, and a Bachelor in Mathematics and Economics from University of California, Los Angeles.[4]

Career

Private business and diplomacy

Ahmady spent eight years in the asset management industry investing in global macro and emerging markets. He has also worked for Booz Allen Hamilton, the World Bank, an EM private equity group, the US Treasury Department and the Afghan Ministry of Finance.

Senior economic adviser

After the establishment of a National unity government, Ahmady served as the senior advisor for banking and financial affairs to President Ashraf Ghani for four years. In this position, Ahmady worked to improve the business environment, where he led commercial reform efforts, including making changes to Afghanistan's commercial procedure code, municipal law, insolvency law, limited liabilities law, minerals law, and hydrocarbons law.

Minister of Commerce and Industry

Ahmady has worked as acting minister of Industry and Commerce of Afghanistan.[5][6][7][8] restructuring the Industrial Parks Directorate, signed trilateral MOUs with our electricity provider DABS and the Chamber of Industry and Mines, and provide greater funding for the development of new industrial parks.

Ahmady was instrumental in creating Afghanistan's National Air Corridor Program that now exports $100 million per year to more than 50 markets around the world and renegotiating a number of transit agreements that should help to reduce transit costs for traders and helped export $1 billion for the first time in the country's history (2020).[9]

Governor of Da Afghanistan Bank

On presidential decree 544 on 3 June 2020, Ahmady was appointed Acting Governor of Da Afghanistan Bank (DAB), the central bank of Afghanistan, which regulates all banking and money handling operations in Afghanistan.[10]

Ahmady left Afghanistan on an American military flight on 15 August, as the Islamic Republic collapsed in light of the 2021 Taliban offensive. He criticised government figures Fazel Mahmood Fazly and Hamdullah Mohib for being "too inexperienced in their roles".[11]

Personal life

Ahmady is an Afghan Muslim.

References

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