Dr. Mohamed El-Erian honoured with 'Great Arab Minds' award

Dr. Mohamed El-Erian, President of Queens' College at Cambridge University, has been honoured with the UAE's "Great Arab Minds" award in Economics.

Making the announcement on this official social media channels, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, commended El-Erian for his incredible contributions to the field of economics.

He highlighted that "economics has always been the foundation for stability and growth and the catalyst for innovative and developmental efforts that benefit both individuals and communities".

"نوابغ العرب" هي جائزة كل العرب للاحتفاء بالعقول العربية .. والإنجازات العربية .. والاحتفاء بالمبدعين من أبناء هذه المنطقة من أصحاب المساهمات الاستثنائية .. نبارك للفائز عن فئة الاقتصاد في جائزة نوابغ العرب.. الدكتور محمد العريان رئيس كلية كوينز بجامعة كامبريدج وذلك تقديراً… pic.twitter.com/xxXQlNpzad

— HH Sheikh Mohammed (@HHShkMohd) December 12, 2023

An economist with an undergraduate degree from Queens' and a DPhil from Oxford, Mohamed El-Erian previously served as chief executive officer and co-chief investment officer of Pimco, Deputy Director at the International Monetary Fund, Chair of President Obama’s Global Development Council and President of Harvard Management Company.

Throughout his career, Dr. El-Erian has been involved with universities and think tanks around the world, including his roles at the University of Pennsylvania as the Rene M. Kern Professor of Practice at the Wharton School and Senior Global Fellow at the Lauder Institute.

After years of dedicated learning and professional experience, he emerged as a consultant providing services to prestigious financial institutions such as Allianz and Gramercy Funds Management. Additionally, he has been an active contributor to several non-profit organisations, including the National Bureau of Economic Research.

Dr. El-Erian's impact on the field of economics extends beyond his corporate and institutional work. His written works and research have yielded a wealth of advice, insights, and economic concepts, establishing them as key references in economics, finance, and business. Among his well-known books are When Markets Collide (2008), The Only Game in Town (2016), and his latest collaborative work, Permacrisis: A Plan to Fix a Fractured World co-authored with esteemed economic experts. Furthermore, Dr. El-Erian is recognised as a prominent contributor and editor for Financial Times and Bloomberg. Owing to his intellectual prowess, he has been named one of the 'Top 100 Global Thinkers' for four consecutive years by 'Foreign Policy' magazine.

In addition to presenting innovative theories on global economic matters, Dr. El-Erian is widely acknowledged as a leading expert in the realm of global capital markets. He is notably credited with introducing the concept of the "new normal", a term characterising the state of the global economy post the global financial crisis.