Islamabad, April 10, 2025: Global professional services firm Alvarez & Marsal (A&M) has expressed a strong interest in expanding into Pakistan, signaling confidence in the country’s growing market and ongoing economic reforms. The development was revealed during a high-level meeting between an A&M delegation and Federal Finance Minister Senator Muhammad Aurangzeb in Islamabad.
The delegation, comprising Division Executive Peter Briggs, Managing Director Abdalla ElEbiary, and Global Head of Sovereign Advisory Reza Baqir, discussed the firm’s plans to establish a local presence in Pakistan. Briggs noted that A&M is exploring opportunities to assist the government in its privatisation drive and in attracting global investment.
The meeting also touched upon the firm’s potential role in Pakistan’s proposed sovereign wealth fund.
Minister Aurangzeb welcomed A&M’s interest and emphasized the government’s commitment to fast-tracking privatisation, with 24 state-owned enterprises now included in the pipeline. He also highlighted the macroeconomic stability achieved over the past 14 months, which has boosted investor confidence. Notably, global players such as AP Moller Maersk have recently made significant investment commitments in Pakistan’s maritime sector.
The finance minister reiterated the government’s focus on enhancing trade, investment, and tourism, expressing optimism that collaboration with Alvarez & Marsal could contribute meaningfully to Pakistan’s economic transformation.
