Muhammad Aurangzeb is on track to assume the role of Pakistan’s next finance minister, marking a significant development as Prime Minister Shehbaz Sharif finalizes his federal cabinet appointments.
The news comes amid speculation surrounding the candidacy of Ishaq Dar, a former finance minister and a close associate of Pakistan Muslim League-Nawaz (PML-N) leader Nawaz Sharif. Sources indicate that Dar is not under consideration due to health issues. However, there are hints that Dar may be offered another prominent position, given his previous efforts to rejuvenate the stalled International Monetary Fund (IMF) program during the Pakistan Democratic Movement.
Muhammad Aurangzeb, who previously served as the President of HBL, is emerging as the frontrunner for the finance minister role, as reported by Geo News. With a remarkable career spanning over 30 years in international banking, Aurangzeb brings a wealth of expertise to the table. His experience includes serving as the CEO of JP Morgan’s Global Corporate Bank in Asia and holding various senior management positions
