He is an Honored Economist of Russia, holds a Doctor of Juridical Sciences degree, and defended his dissertation on "Legal Regulation of Entrepreneurial Activity during Socio-Economic Crisis" at the Institute of Legislation and Comparative Law under the Government of the Russian Federation.

After graduation, Shuvalov was assigned as attaché to the legal department of the Ministry of Foreign Affairs, where he was responsible for pursuing developments in international law.

[12] On 28 May 2003, following a conflict with Kasyanov, he left the Government and was appointed to the position of Assistant to the President, where he coordinated the activities of the working group responsible for the development of measures to double the GDP, the fight against poverty, and military reform.

Since August 2010, Shuvalov has been responsible for coordinating the efforts of federal executive agencies to consider inquiries from Russian and foreign investors, and formally remains in that position, following the June 2012 appointment of Boris Titov as Commissioner for the Protection of Entrepreneurs' Rights.

In 2011, Shuvalov headed the regional electoral list of the United Russia party as a Primorsky Krai candidate for the State Duma of the VI Convocation at the 4 December elections.

On 3 March, the United States imposed visa restrictions and froze assets of Shuvalov, his wife, sons, and daughter due to the 2022 Russian invasion of Ukraine.

The expert noted that for Putin Shuvalov was the "official with the driving force who could get things off the ground", which is why he gets assigned "projects that are economic in nature but with an extremely important public policy component as well as strict deadlines that cannot be breached".

In 2008, Igor Shuvalov became head of the organizing committee on preparation for the summit of the Asia-Pacific Economic Cooperation (APEC) forum, which was held in Vladivostok in September 2012.

[17] In 2008, the Russian government established a state commission on the socio-economic development of the Far East, the Republic of Buryatia, Zabaykalsky Krai, and Irkutsk Oblast.

The proposed plan for socio-economic development of the Eastern Territories prepared by the agency had not been approved by any of the key ministries, while the amount of requested appropriations was more than 5.7 trillion roubles, which was beyond the resources of the Treasury.

Igor Shuvalov, who oversaw the construction of facilities for the APEC summit in Vladivostok, was among the potential candidates considered for the position of Agency Chief.

By another decree, the head of state appointed Yuri Trutnev as both Deputy Prime Minister and Plenipotentiary Envoy of the President to the Far Eastern Federal District.

According to Shuvalov's plan, the strengthened Federal Financial Markets Service that is charged with the supervision, including that of insurance companies, would be merged into CBR.

In mid-December, 2012, Sergei Stepashin, Chairman of the Accounts Chamber for the Russian Federation, stated that the Universiade 2013 facilities in the Capital of Tatarstan are 90% ready for launch.

[20] On his official trip to Kazan, on 19 March 2013, the President of Russia, Vladimir Putin, visited the major Universiade facilities and noted the efficiency of the use of the funds for the construction of the main stadium for the games.

On 16 December 2009, it was announced that Igor Shuvalov was heading the organizing committee in support of the nomination of Russia as a candidate to host the FIFA World Cup in 2018/2022.

Igor Shuvalov was part of the Russian delegation together with the Minister of Sports, Tourism, and Youth Policy, Vitaly Mutko, and football player Andrei Arshavin.

[22] In January 2011, the honorary president of the Russian Football Union, Vyacheslav Koloskov, suggested that Igor Shuvalov should head the organizing committee for the 2018 World Cup.

As part of the government formed in May 2012, Igor Shuvalov, among other things, coordinates the organization, preparation, and holding of the World Cup in 2018, including the issues of creating and developing the necessary transport infrastructure.

In March 2013, it was announced that the regions had requested 540 billion roubles to prepare for World Cup 2018, but the First Deputy Prime Minister of the Russian Federation, Igor Shuvalov, stated that the amount was excessive.

In March 2012, the Financial Times and the Wall Street Journal reported that the family of Igor Shuvalov acquired shares from Gazprom worth approximately $18 million via Sevenkey, a company registered in the Bahamas.

[23] Artem Dymskoy, a partner at the law offices of ALM Feldmans, stated that the information about the activities of Igor Shuvalov's family trust may have been disseminated by his former lawyer Pavel Ivlev, who, having sticky fingers himself, was currently wanted by Interpol on charges of embezzling 2.4 billion dollars from YUKOS.

On 10 April 2013, Igor Shuvalov met with the editors of leading publications and demonstrated his assets and income declaration for 2011, mentioning the Severin Enterprises company that had been the focus of media attention.

Severin Enterprises is an offshore company in the jurisdiction of the British Virgin Islands, owned 100% by Olga Shuvalov, the wife of the First Deputy Prime Minister of the Russian Federation.

[24] Sanctioned by Canada under the Special Economic Measures Act (S.C. 1992, c. 17) in relation to the Russian invasion of Ukraine for Grave Breach of International Peace and Security.

After attending the Moscow School of Economics (Russian: «Московской экономической школе»), their elder son, Evgeny (Russian: Евгений; born 1993), enjoys swimming and equestrian sports, served in the Pacific Fleet Special Forces based on Russky Island from September 2011 through September 2012, on 31 July 2013 became the owner of a charter business jet company using the firm Global Jet to operate his Bombardier Global Express and on 11 May 2018 obtained a Gulfstream G650 for his company.

[28][29][30][31][32][33][34] Their elder daughter Maria (Russian: Мария; born 1998) is studying ballet at the Moscow State Academy of Choreography and was a rhythmic gymnast under Irina Viner.