CEO & Board Director, Lazard

Dr. Peter R. Orszag is the CEO and member of the Board of Directors of Lazard, one of the world’s preeminent financial advisory and asset management firms. Prior to becoming Chief Executive of the firm in October 2023, Orszag served as CEO of its financial advisory business and global co-head of its healthcare practice.

In the Obama Administration, Orszag served as Director of the Office of Management and Budget (Jan 2009 – Jun 2010) and previously as Director of the Congressional Budget Office (Jan 2007 – Nov 2008). Under his leadership, the agencies significantly increased attention to the role rising health care expenditures played in the government’s long-term fiscal strategy. This prompted the Administration to position health reform as its top legislative priority, enacting the American Recovery and Reinvestment Act and the Affordable Care Act. His career in public service began under the Clinton administration, where he served as a Special Assistant to the President for Economic Policy and as a Senior Economist and Senior Adviser on the Council of Economic Advisers. He is a member of the National Academy of Medicine.

Orszag has also made notable contributions to academic literature, including hundreds of published articles and several books. Orszag graduated summa cum laude in Economics from Princeton University and obtained a Ph.D. in Economics from the London School of Economics, which he attended as a Marshall Scholar. He is married to Bianna Golodryga of CNN.