If you search peter orszag hai, you are likely looking for a simple answer to who Peter Orszag is and why his name appears in economic, government, and business news. Peter R. Orszag is an American economist and business executive who currently serves as CEO and Chairman of Lazard. His career has included senior roles in the U.S. government, financial services, and academia.
Orszag has also worked on major economic and healthcare policy questions. Before leading Lazard, he served as Director of the Congressional Budget Office (CBO) and later as Director of the Office of Management and Budget (OMB) during the Obama administration.
Peter Orszag Hai
Peter Orszag is an American economist, former U.S. government official, and financial executive. He is currently the CEO and Chairman of Lazard, a global financial advisory and asset management firm.
His career includes leadership positions at the CBO and OMB, work at Lazard and Citigroup, and academic training at Princeton University and the London School of Economics.
Peter Orszag Profile at a Glance
| Detail | Information |
| Full name | Peter R. Orszag |
| Profession | Economist and business executive |
| Current role | CEO and Chairman, Lazard |
| Lazard CEO | Since October 2023 |
| Lazard Chairman | Since January 2025 |
| Former CBO role | Director |
| Former OMB role | Director |
| Undergraduate education | Princeton University |
| Graduate education | London School of Economics |
| Main fields | Economics, finance, public policy |
| Government administration | Obama administration |
| Current organization | Lazard |
Lazard’s official leadership information identifies Orszag as CEO and Chairman. His current role combines responsibility for the firm’s overall strategy, operations, and board leadership.
What Is Peter Orszag Known For?
People searching peter orszag hai may encounter his name in several different areas because his career crosses economics, government, healthcare policy, and financial services.
He is particularly known for his previous leadership of the CBO and OMB. He later moved into investment banking and financial advisory work, eventually becoming CEO of Lazard.
This combination gives his career three clear stages:
- Academic and economic research
- U.S. government economic policy
- Financial advisory and corporate leadership
Peter Orszag’s Education
Orszag studied economics at Princeton University, where he graduated summa cum laude. He later attended the London School of Economics (LSE) as a Marshall Scholar and earned both an MSc and a PhD in economics.
His academic background focused on economic policy and complex economic questions. LSE continues to identify him as an alumnus and has hosted him for discussions about economic issues.
Education Timeline
| Period | Institution | Qualification |
| 1987 | Phillips Exeter Academy | Secondary education |
| 1991 | Princeton University | A.B. in Economics |
| 1992 | London School of Economics | M.Sc. |
| 1997 | London School of Economics | PhD in Economics |
His education helped establish the economic research background that later became important in his public-sector and financial careers.
When Did Peter Orszag Work at the CBO?
Peter Orszag became Director of the Congressional Budget Office in January 2007. He remained in that position until November 2008.
The CBO describes his tenure as a period in which the agency continued providing Congress with economic and budget information and policy analysis. The agency also highlighted work on issues including healthcare costs and climate change during his tenure.
The CBO is a nonpartisan congressional agency that provides budget and economic analysis to support Congress. Orszag’s CBO experience became an important part of his later government career.
What Did Peter Orszag Do at the OMB?
Orszag later became Director of the Office of Management and Budget in the Obama administration. His role placed him at the center of federal budget and economic policy discussions.
Official White House records from 2009 identify Peter Orszag as OMB Director. During this period, he was involved in federal management, budgeting, regulatory analysis, and policy evaluation.
His government work also included attention to healthcare spending and evidence-based policy. These subjects had already been central to his academic and research work.
What Was Peter Orszag’s Role in Healthcare Policy?
Healthcare economics has been an important theme throughout Orszag’s career. Before and during his government service, he researched healthcare costs and their effects on long-term economic and fiscal conditions.
LSE records show Orszag discussing approaches to controlling healthcare costs while maintaining healthcare quality and outcomes.
During his time at OMB, he was also involved in the administration’s work surrounding healthcare reform. His role made him a visible economic policy figure during that period.
When Did Peter Orszag Join Lazard?
Peter Orszag joined Lazard in 2016 as Vice Chairman of Investment Banking. He later moved through several senior positions within the firm.
According to Lazard’s official biography, he became CEO of Financial Advisory in 2019 after previously serving in leadership roles covering North American mergers and acquisitions and healthcare.
His progression at Lazard can be summarized as follows:
| Year | Position |
| 2016 | Vice Chairman of Investment Banking |
| 2018 | Head of North American M&A and Global Co-Head of Healthcare |
| 2019 | CEO of Financial Advisory |
| 2023 | CEO of Lazard |
| 2025 | CEO and Chairman |
This progression shows how his responsibilities expanded from investment banking and advisory work to firm-wide leadership.
Is Peter Orszag Still the CEO of Lazard?
Yes. As of September 2026, Peter Orszag is CEO and Chairman of Lazard.
Lazard states that he became CEO on October 1, 2023, and his role expanded to CEO and Chairman effective January 1, 2025.
In this position, he oversees the firm’s global strategy and operations. His current work includes financial advisory, asset management, and broader strategic issues affecting businesses and markets.
What Is Lazard?
To understand why peter orszag hai appears in financial news, it helps to understand Lazard.
Lazard is a global financial advisory and asset management firm. Its work includes areas such as mergers and acquisitions, restructuring, capital markets, and investment management.
Orszag joined the company after his government and academic career and eventually became its top executive. Lazard’s official leadership page currently lists him as CEO and Chairman.
Peter Orszag and Economics
Economics remains a central theme in Orszag’s career. His work has covered government budgets, healthcare spending, financial markets, economic policy, and corporate strategy.
In September 2026, the London School of Economics hosted Orszag for a discussion titled “The New Supply-Side Era: The O-ring Meets Geopolitics.” The event focused on supply shocks, geopolitical factors, production networks, and their economic effects.
This recent appearance reflects the broad range of economic topics associated with his current public work.
Peter Orszag’s Current Work in 2026
In 2026, Orszag continues to lead Lazard while also appearing in discussions about global economics and financial markets.
Lazard reported that he appeared on CNBC in September 2026 for a discussion covering inflation, the Federal Reserve, and artificial intelligence investment.
His current public profile therefore extends beyond traditional investment banking. It includes economic commentary, financial strategy, geopolitical issues, and the changing role of technology in business.
Peter Orszag Career Timeline
| Year | Career milestone |
| 1991 | Graduated from Princeton |
| 1992 | Earned MSc from LSE |
| 1997 | Earned PhD from LSE |
| 2007 | Became CBO Director |
| 2008 | Left CBO |
| 2009 | Became OMB Director |
| 2010 | Left OMB |
| 2016 | Joined Lazard |
| 2019 | Became CEO of Lazard Financial Advisory |
| 2023 | Became CEO of Lazard |
| 2025 | Became CEO and Chairman |
| 2026 | Continues as Lazard CEO and Chairman |
The timeline combines information from Lazard, CBO, LSE, Princeton, and official U.S. government records.
Why Does Peter Orszag Matter in Finance?
Orszag’s current importance in finance comes from his leadership position at Lazard and his long experience across economics, government, and financial advisory work.
His career gives him experience in both public-sector economic analysis and private-sector financial services. His current role focuses on leading Lazard’s global business and strategy rather than serving as a government policymaker.
Peter Orszag’s Professional Background in One Table
| Area | Peter Orszag’s connection |
| Economics | Academic training and research |
| Government | CBO and OMB leadership |
| Healthcare | Research and policy analysis |
| Finance | Investment banking and financial advisory |
| M&A | Former North American M&A leadership |
| Asset management | Current Lazard business leadership |
| Geopolitics | Current economic and financial commentary |
| Academia | Princeton and LSE background |
| Corporate leadership | CEO and Chairman of Lazard |
This broad background explains why searches for peter orszag hai can lead to information from several different fields rather than just one profession.
Peter Orszag: Key Facts to Remember
If you only need the essential information, remember these points:
- Peter R. Orszag is an American economist and business executive.
- He is the CEO and Chairman of Lazard.
- He previously led the Congressional Budget Office.
- He later served as Director of the Office of Management and Budget.
- He studied economics at Princeton University.
- He earned graduate economics degrees from the London School of Economics.
- He joined Lazard in 2016.
- He became Lazard CEO in 2023.
- His Chairman role began in 2025.
- His professional interests include economics, finance, healthcare policy, and global economic issues.
Frequently Asked Questions
Who is Peter Orszag?
Peter Orszag is an American economist and financial executive who serves as CEO and Chairman of Lazard. He previously served as Director of the CBO and OMB.
What does Peter Orszag do now?
Peter Orszag currently leads Lazard as its CEO and Chairman. His responsibilities include the firm’s overall strategy and operations.
Was Peter Orszag in the Obama administration?
Yes. Orszag served as Director of the Office of Management and Budget during the Obama administration. Official White House records identify him in that position in 2009.
Was Peter Orszag the director of the CBO?
Yes. Peter Orszag served as Director of the Congressional Budget Office from 2007 until 2008. CBO records document his departure in November 2008.
Where did Peter Orszag study?
He studied economics at Princeton University and later earned an MSc and PhD in economics from the London School of Economics as a Marshall Scholar.
When did Peter Orszag become CEO of Lazard?
Peter Orszag became CEO of Lazard on October 1, 2023. His position expanded to CEO and Chairman in January 2025.
Conclusion
The simplest answer to peter orszag hai is that Peter R. Orszag is an economist and business executive who currently leads Lazard as CEO and Chairman. His career spans economics, U.S. government service, financial advisory work, and academic research.
His background includes leadership at the Congressional Budget Office and Office of Management and Budget, followed by senior roles at Lazard. For readers researching his career, official sources from Lazard, CBO, the White House, Princeton, and LSE provide useful points for verifying his education, positions, and current work.
