Peter R. Orszag is Head of North American M&A and Vice Chairman of Investment Banking at Lazard Freres & Co LLC in New York. He also serves as Global Co-Head of Healthcare at the firm and is a member of its Opinion Committee.
Before joining Lazard in May 2016, Peter served as Vice Chairman of Corporate and Investment Banking and Chairman of the Financial Strategy and Solutions Group at Citigroup.
Peter previously served as the Director of the Office of Management and Budget in the Obama Administration, a Cabinet-level position, from January 2009 until July 2010. From January 2007 to December 2008, Peter was the Director of the Congressional Budget Office.
Peter 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 has co-authored or co-edited a number of books. He is a member of the National Academy of Medicine and holds an honorary doctorate from Rensselaer Polytechnic Institute. He also serves on the Board of Directors of the Peterson Institute for International Economics, Mt. Sinai Medical Center, the Russell Sage Foundation, New Visions for Public Schools, and ideas42.