Mohamed El-Erian is an economist and businessperson with an Egyptian-American background.
He is the Chief Economic Advisor to Allianz and a member of the Global Leadership Council of the World Economic Forum. He was born to parents from Egypt and Syria and immigrated to the United States when he was a child. He is a graduate of Harvard University and the Pardee School of Global Studies at Boston University.
El-Erian became renowned for holding the positions of CEO / co-CIO of PIMCO from 2007 to 2014 and for leading the Global Development Council of President Obama.
He was listed in the Top 100 Global Thinkers by Foreign Policy for four consecutive years. Global Thinkers is an annual list published by Foreign Policy magazine of the world’s most influential intellectuals. The list is compiled by a team of editors, writers, and experts and is often seen as a who’s who of global thought.
Mohamed El-Erian: Birth, Age, and Early Years
Mohamed El-Erian was born on August 19, 1958, in New York City. He is an American business executive and author.
His father Abdullah El-Erian, and his mother Nadia Shoukry are Egyptians.
He was raised in Egypt by his family, who went back to Egypt after he was born.
At the age of ten, he returned to New York along with his family upon his return after accepting a position in the United Nations.
When he was thirteen his father was appointed as the Egyptian ambassador to France, and the family lived in France for almost three years.
His boyhood included short trips to Europe with his father, where the latter went to attend conferences of the United Nations Law Commission.
Mohamed El-Erian Education
Mohamed El-Erian spent his high school years at St John’s School, in Leatherhead in England, a boarding school.
After that, he won a scholarship to Queen’s College at the University of Cambridge. In 1980 he graduated with an undergraduate degree in Bachelor of Economics. In 1983 he completed his Master’s degree program in Economics.
Further, in 1985, El-Erian obtained a Doctorate degree in Economics from St Antony’s College, England, under the University of Oxford.
In June 2011, the American University in Cairo recognized him with an honorary doctorate degree for his contributions to the field of economics.
Mohamed El-Erian Career
El-Erian’s first job was at the IMF, Washington, D.C., which he began in 1983. He was promoted to the position of Deputy Director over his tenure and was settled in the U.S.
Later in 1988, he accepted a position at Salomon Smith Barney / Citigroup in London. While working there he was welcomed by Pacific Investment Management Company, LLC (PIMCO), an American Investment Management Firm, to lead its project on Emerging Markets.
In PIMCO he rose to the position of the Head of the Emerging Market Portfolio Team, and then the Managing Director. He was accredited for saving the firm from the 2001 bond default by Argentina.
This action was one of the primary reasons that made him the Chief Executive Officer and President of the Harvard Management Company, known by the acronym HMC, the asset management company that deals with Harvard endowments.
On December 21, 2012, he took the position of the Chair of the Global Development Council and was directly appointed by Barack Obama, the then-President of the United States of America.
Previously he had a position as a teaching faculty of Harvard Business School.
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Mohamed El-Erian: Positions
Mohamed El-Erain is the co-chair of the capital campaign for Cambridge University.
Currently, he serves on the board of the NBER (the National Bureau of Economic Research), Barclays, and Under Armour.
He chairs the Microsoft Investment Advisory Board.
El-Erian is a member of the Global Advisory Council of Harvard.
In December 2013, El-Erian received an honorary fellowship from his alma mater, Queen’s College, Cambridge.
He has served as a bearer of the Board of Trustees at educational institutions such as KAUST (King Abdullah University of Science and Technology), Pegasus, and St. Margaret School.
El-Erian has been a part of multiple committees and boards such as the International Center for Research on Women, the United States Treasury Borrowing Advisory Committee, the International Monetary Fund (IMF) Committee of Eminent Persons, Peterson Insititute for International Economics, and Carnegie Endowment.
Mohamed El-Erian: As An Author
Mohamed El-Erain is a prolific author in the finance and economics genre, with a published record of over a dozen works.
His books are When Markets Collide, and The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse. The first one was a bestseller in The Wall Street Journal and the New York Times.
The book was widely recognized including the 2008 Financial Times and Goldman Sachs Business Book of the Year Award and was listed by The Independent as one of the best business books of all time and as a book of the year by The Economist.
The second book on central banks ended up being a bestseller in New York Times.
El-Erain is a columnist for The Economist, The Wall Street Journal, Business Insider, Bloomberg, Financial Times, The Financial Express, Newsweek, The Atlantic, Fortune, and The Washington Post.
Mohamed El-Erian Personal Life
El-Erian is married to his wife, Anna Stylianides, the executive director of Eco Oro Minerals Corp.
Before that, he was married to Jamie Walters.
Mohamed El-Erian Speeches
He has given speeches at universities and public forums such as the University of California, Cambridge, Oxford, CFA Society of Chicago, HSBC, Barclays Bank, the UK Parliament’s House of Lords, SALT, Rand Merchant Bank, Marcus Evans, Irvine, the New York Public Library, the University of Southern California, the BIS, Mortgage Bankers Association, Insurance Bureau of Canada, World 50, and the Newport Beach Public Library.
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