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Peter Orszag

Lazard

New York, US

Head of Mergers & Acquisitions, North America

Lazard

Peter Orszag

Biography

Peter Orszag is Head of North American M&A and Vice Chairman of Investment Banking at Lazard, where he also serves as Global Co-Head of Healthcare. Peter is a contributing Columnist at Bloomberg Opinion, writing on topics including health care, politics & behavioral economics. Previously, Peter was Vice Chairman of Corporate & Investment Banking and Chairman of the Financial Strategy & Solutions Group at Citigroup.

Peter held senior positions at The White House; during the Obama administration, he served as Director of the Office of Management and Budget, playing a key role in the passage and implementation of the 2009 stimulus legislation & the 2010 Affordable Care Act. He was recognized for this work by the Mosbacher Institute at Texas A&M University, who awarded him the Good Governance Award for his leadership.

Whilst Director of the Congressional Budget Office, Peter steered the agency to expand its focus on health care & climate change. During the Clinton administration, he served as Senior Advisor & Senior Economist at the President’s Council of Economic Advisers.

Peter was non-resident Senior Fellow and Deputy Director of Economic Studies at the Brookings Institution and Member of the Board at Robert Wood Johnson Foundation. He is a frequent panelist for the Council on Foreign Relations.

Peter’s publications include Moneyball for Government (Disruption Books 2014) and Protecting the Homeland 2006/2007 (Brookings Institution Press, 2006). A frequent public speaker, Peter is often invited to appear on television. He regularly participates at the annual Milken Institute Global Conference and the Aspen Institute’s Ideas Festival. In 2010, Peter was the opening commencement speaker at Rensselaer Polytechnic Institute and was awarded an honorary degree.

Peter Orszag’s Newsfeed

14 Sep 2018
Bloomberg
China Is Overtaking the U.S. in Scientific Research

Bloomberg Opinion columnist, Peter R. Orszag writes: "We may not want to admit it yet, but the rise of China to the top ranks of global scientific achievement is now a historical fact."

06 Sep 2018
The Guardian
Why all economists must learn lessons before next US downturn

Policies are always conceived and enacted under uncertainty. But some things are more predictable than others. As Summers again knows full well, when Peter Orszag, the head of the Office of Management and Budget at the beginning of Obama’s first administration, and I analysed the risks of mortgage lender Fannie Mae in 2002...

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Peter Orszag’s Background

Head of Mergers & Acquisitions, North America
Jul 2018 - Present
New York, US
Peter Orszag was appointed to help drive M&A client marketing initiatives around the world, as part of Lazard's next phase of growth.
Vice Chairman of Investment Banking & Managing Director
May 2016 - Present
New York, US
Lazard, one of the world’s top financial advisory & asset management firms, operates from 43 cities across 27 countries in North America, Europe, Asia, Australia, Central & South America.
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Other Business Interests

Co-Author
2014 - Present
New York, US
Published in 2014 and co-authored by a team of leaders & thinkers from across the political spectrum, the book sets out a vision where policy makers base decisions not on politics or expedience, but on evidence of what works.

Current Non-Executive Positions

Member of the Board of Directors
New York, US
The Mount Sinai Health System is an integrated health care system providing exceptional medical care to local & global communities.

Previous Non-Executive Positions

Senior Advisor & Senior Economist
Washington, US
The Council of Economic Advisors, an agency within the Executive Office of the President, is charged with offering the President objective economic advice for domestic & international economic policy.
Senior Fellow
2000 - 2006
Washington, US
Brookings experts conduct high-quality, independent research and produce innovative policy solutions for the nation and world. Brookings is proud to be ranked as the most influential, most quoted and most trusted think tank.

Philanthropy

Member of the Board of Directors
New York, US
The Russell Sage Foundation is the principal American foundation devoted exclusively to research in the social sciences. The Foundation dedicates itself to strengthening the methods, data & theoretical core of the social sciences as a means of diagnosing social problems & improving social policies.
Member of the Board of Directors
New York, US
New Visions for Public Schools are dedicated to ensuring that all New York City public school students, regardless of race or economic class, have access to high-quality education to prepare them for the rigors of college & the workforce.
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Peter Orszag’s Education

AB, Economics
1987 - 1991
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