[1][2] He previously served as the chief executive officer (CEO) and president of Habib Bank Limited from February 2018 to March 2024.

[5] Aurangzeb attended Aitchison College in Lahore for his early education and later received an Aga Khan Scholarship to study at the Wharton School of the University of Pennsylvania.

[5][6] He later spent eight years at ABN Amro's headquarters in Amsterdam as the global head of wholesale lending and commercial client business.

[10] In 2011, Aurangzeb joined JP Morgan as the chief executive for the bank's Asia-Pacific corporate division, based in Singapore, where he served until 2018.

[15][7] It was also reported that he was ready to forego his monthly salary package of Rs3 crore at Habib Bank as well Dutch nationality to take up the position of federal minister of finance in Shehbaz Sharif's second cabinet.

[20] As per the country's regulations, unelected cabinet members have six months to attain parliamentary status to retain their positions as federal ministers.

[22] Asif Kirmani, who regarded as a close ally of Nawaz Sharif, criticized the appointment of Aurangzeb as finance minister, labeling it as an "establishment pawn.

[32] In April The Express Tribune said that Aurangzeb was scheduled to visit the Washington to meet with IMF Managing Director the following week.

The article also mentioned Aurangzeb's authorization of honorariums, equivalent to four salaries, for bureaucrats serving in the Prime Minister’s Office.