Shaukat Tarin is a senior banker from Pakistan and former Finance Minister of Pakistan (from 2009 to 2010) in the Yousaf Raza Gillani-led government. Under his supervision, the country successfully negotiated with the International Monetary Fund (IMF) for a 23-month $7.6 billion bailout package, which boosted Pakistan's foreign exchange reserves and helped avert a sovereign default. On 7 October 2008, he was appointed adviser to the government and was elevated to the post of finance minister after being elected as a senator from Sindh on 27 July 2009. Tarin resigned from the ministry on February 23, 2010 to "raise equity from the market for Silkbank," which while working at finance ministry was "a clear conflict of interest." He served as an Executive Director of Silk Bank Limited until April 2011. Before his ministerial role, Tarin served as the country manager of Citibank and did tenures as head of Habib Bank, Union Bank, and twice as chairman of Karachi Stock Exchange. He currently sits on the board of Silk Bank