Waqar Masood Khan

Waqar Masood Khan
وقار مسعود خان
Adviser to the Prime Minister on Finance
In office
17 August 2023 – 4 March 2024
PresidentArif Alvi
Prime MinisterAnwar ul Haq Kakar
MinisterAli Pervaiz Malik
Preceded byShaukat Tarin
Special Assistant to the Prime Minister for Finance and Revenue (Minister of State)
In office
5 October 2020 – 20 August 2021
PresidentArif Alvi
Prime MinisterImran Khan
MinisterShaukat Tarin
Finance Secretary of Pakistan
In office
April 2013 – 20 January 2017
Preceded byAbdul Wajid Rana
Succeeded byTariq Bajwa
In office
21 December 2010 – 11 February 2012
Preceded bySalman Siddiq
Succeeded byAbdul Wajid Rana
In office
2 September 2008 – 3 February 2009
Preceded byFarrukh Qayyum
Succeeded bySalman Siddiq
In office
9 January 2008 – 2 May 2008
Preceded byAhmad Waqar
Succeeded byFarrukh Qayyum
Personal details
Born21 January 1957
Karachi, Pakistan
Died (aged 74)
Islamabad, Pakistan
RelativesShan Masood (nephew)[1]
Alma materBoston University
OccupationBanker, former civil servant

Waqar Masood Khan (Urdu: وقار مسعود خان 21 January 1957 – 20 September 2025) was a Pakistani civil servant who served as an Adviser to Prime Minister Anwar ul Haq Kakar on Finance, in office from August 2023 until 4 March 2024. He previously served as a Special Assistant to Prime Minister Imran Khan on Revenue and Finance in the capacity of a Minister of State in Cabinet,[2] in office from October 2020 till August 2021. Before his retirement from civil services, Waqar served in BPS-22 grade as Pakistan's longest running Secretary of Finance.[3]

Khan held several positions across the Federal Government including Special Secretary to the Prime Minister, Secretary Finance Division, Secretary Economic Affairs Division, Secretary Petroleum & Natural Resources and Secretary Textile Industry.[4] He taught macroeconomics at the graduate level at Pakistan Institute of Development Economics (PIDE).[5]

He also served as a board member of State Bank of Pakistan,[6] Islamic Development Bank, National Bank of Pakistan, Pakistan International Airlines, Pakistan Telecommunication Company Limited (PTCL) and Pak-Oman Investment Company. Later, Khan was appointed Chairman of the Board of SadaPay, a fintech company in the private sector that is operating under the Electronic Money Institution regulatory framework by the State Bank of Pakistan.[7]

Khan died after a brief illness in Islamabad, on 20 September 2025, at the age of 68.[8][9][10][11]

Writings

Article

  • "Towards an Interest-Free Islamic Economic System", Journal of King Abdulaziz University: Islamic Economics, Vol. 1, 1989, pp. 3-38.

Book

  • Transition to a Riba Free Economy, International Institute of Islamic Thought and Islamic Research Institute, 2002, 144 p.

References

  1. ^ "Pakistan cricketer Shan Masood to tie the knot on January 21". Geo News. 27 November 2022. The left-handed batter is the son of renowned banker Mansoor Masood Khan, while his paternal uncle Waqar Masood Khan has served as federal finance secretary.
  2. ^ "Dr Waqar Masood appointed PM's aide on revenue". The Express Tribune. 5 October 2020.
  3. ^ "Govt picks new finance secretary". The Nation. 4 February 2017.
  4. ^ "Four names being circulated as possible replacements for SBP governor | SAMAA". Samaa TV. 4 May 2019.
  5. ^ "Waqar Masood Khan". World Bank Live. 15 April 2016.
  6. ^ "Archived copy" (PDF). Archived from the original (PDF) on 27 February 2020. Retrieved 19 September 2019.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ^ "Pakistani fintech SadaPay gets in-principle approval from country's central bank to launch mobile wallet". MENAbytes. 27 April 2020. Retrieved 23 August 2020.
  8. ^ "Former federal minister, finance secy Dr Waqar Masood passes away". 24 News HD. 20 September 2025. Retrieved 20 September 2025.
  9. ^ "Ex-finance secretary Dr Waqar Masood dies at 74 - SUCH TV". www.suchtv.pk. 20 September 2025. Retrieved 20 September 2025.
  10. ^ Chaudhary, Tariq (20 September 2025). "Former finance secretary Dr Waqar Masood passes away". Aaj English TV. Retrieved 20 September 2025.
  11. ^ "معروف ماہرِ معیشت ڈاکٹر وقار مسعود خان انتقال کر گئے -". 20 September 2025. Retrieved 20 September 2025.