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Al Jazeera
Al Jazeera
Business
Abid Hussain

Who is Muhammad Aurangzeb, the man tasked with fixing Pakistan’s economy?

Muhammad Aurangzeb, former chief executive officer of Habib Bank Ltd., and the newly appointed finance minister of Pakistan, speaking in Karachi, Pakistan, on Tuesday, November 5, 2019 [FILE: Asim Hafeez/Bloomberg via Getty Images]

Islamabad, Pakistan — When Pakistan’s 19-member new cabinet took oath on March 11, one man stood out in the lineup: Muhammad Aurangzeb, a political outsider tasked with the challenge of steering the country out of its economic woes.

Aurangzeb, a veteran banker who previously headed one of Pakistan’s largest commercial banks, Habib Bank Limited (HBL), has been given the reins of a $350bn economy over several other contenders, including the four-time finance minister Ishaq Dar.

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