Peter Orszag is the Vice Chairman of Corporate and Investment Banking, Chairman of the Public Sector Group, and Chairman of the Financial Strategy and Solutions Group at Citigroup, Inc. He is also a contributing columnist at Bloomberg View, writing a regular weekly column on economics.
After more than a decade in think tanks and government, Peter Orszag is now focusing on private sector work. His responsibilities at Citigroup include direct client work, as Vice Chairman of Corporate and Investment Banking, overseeing the internal corporate finance unit as Chairman of the Financial Strategy and Solutions Group, and working with public sector entities throughout the globe as Chairman of the Public Sector Group.
Peter also continues to write about and comment on public policy. He is currently a contributing columnist at Bloomberg View. In addition, he is an Adjunct Senior Fellow at the Council on Foreign Relations and a Distinguished Scholar at NYU School of Law.
Peter Orszag is currently co-chairing a technical panel for the National Academy of Sciences. He also serves as a member of the Institute of Medicine of the National Academies of Sciences, the Council on Foreign Relations, the Hamilton Project Advisory Council, the Trilateral Commission, and the Marshall Scholarship Alumni Advisory Board. In addition, Dr. Orszag serves on the board of directors for Mt. Sinai Hospital, the Peterson Institute for International Economics, The Robert Wood Johnson Foundation, New Visions for Public Schools, ideas42, and the Partnership for Public Service.
Orszag is married to Bianna Golodryga, a well-known anchor and journalist best recognized for her work co-anchoring the weekend edition of ABC’s Good Morning America.
Dr. Orszag attended Phillips Exeter Academy and graduated summa cum laude from Princeton University, with a degree in economics. He received his Ph.D. in Economics from the London School of Economics, which he attended as a Marshall Scholar.
From 2001 to 2008, Peter was a Senior Fellow at the Brookings Institution. He also served as the Joseph A. Pechman Senior Fellow and Deputy Director of Economic Studies at Brookings. During his time at Brookings, he also served as Director of The Hamilton Project, Director of the Retirement Security Project, and Co-Director of the Tax Policy Center.
Dr. Orszag was appointed as the Director of the Office of Management and Budget in the Obama Administration, a Cabinet-level position, in January 2009 and served in that position until July 2010. Before that, from January 2007 through November 2008, he was Director of the Congressional Budget Office (CBO). Under his leadership, CBO significantly increased its focus on areas such as health care and climate change—areas that continue to shape public policy well into the present day.
Peter Orszag also served during the Clinton Administration, as a Special Assistant to the President for Economic Policy, and before that as a staff economist, and then Senior Advisor and Senior Economist at the President's Council of Economic Advisers. It was during this time that Peter also founded and subsequently sold an economics consulting firm
Dr. Orszag has co-authored or co-edited several books, including Protecting the Homeland (2006), Aging Gracefully: Ideas to Improve Retirement Security in America (2006), Saving Social Security: A Balanced Approach (2004), and American Economic Policy in the 1990s (2002). He also has received a number of honorary degrees and awards, including the First Annual Good Governance Award from the Mosbacher Institute at Texas A&M University in 2011. In 2010, he obtained an Honorary Doctorate from the Rennselaer Polytechnic Institute.
Peter Orszag’s future likely includes more work as a commentator, pundit, and general economic strategist and advisor. In addition, he is likely to remain active through board memberships and other activities. These include positions with the Institute of Medicine of the National Academies of Sciences, the Council on Foreign Relations, the Trilateral Commission, as well as the board of directors for Mt. Sinai Hospital, the Peterson Institute for International Economics, The Robert Wood Johnson Foundation, New Visions for Public Schools, ideas42, and the Partnership for Public Service.