In a move aimed at bolstering economic reforms, seasoned investment banker Khurram Schehzad has been appointed as Adviser to Finance Minister Mohammad Aurangzeb on economic and financial reforms. The announcement, made via a notification from the Finance Division on Thursday, highlights the government’s commitment to driving sustainable economic growth.
According to the notification, Schehzad will serve on a contract basis for two years under standard terms and conditions, effective immediately.
With extensive experience in key financial sectors, including investment banking, equity strategy, corporate finance advisory, and asset management, Schehzad has held prominent roles across the industry. He previously served as Chief Commercial Officer and Executive Vice President of Investment Banking at JS Group and as EVP – Director, Investment Strategy, Research, and Sales at Arif Habib Group.
Earlier in his career, he worked at Lakson Investments, where he managed assets worth $150 million and achieved top-quartile fund performance. Under his leadership, Lakson’s Equity Fund secured the top position for the first time since its inception.
Schehzad’s contributions to financial research and analysis have earned him significant recognition. He was ranked among Pakistan’s top analysts by the CFA Society for multiple years and received accolades from ASIAMONEY, which supported his employer in securing the Best Debt House award in 2010.
Beyond his professional roles, Schehzad has actively participated in national economic policy initiatives. He was the youngest member of the Board of the Privatisation Commission, contributing to successful privatization deals, and served on the Executive Committee of the Board of Investment, shaping investment policies.
Schehzad’s credentials also include his work as an Independent Evaluator for the HEC/World Bank Technology Fund and as a Panel Expert for the Special Technology Zones Authority (STZA). He is a certified director from the Pakistan Institute of Corporate Governance and a member of the Global Advisory Council of the Harvard Business Review and the South Asian Corporate Advisory Council.
His appointment underscores the government’s focus on leveraging experienced professionals to implement strategic reforms across financial and economic sectors.
