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
Relativescricketer Shan Masood (nephew)
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.[1]

Personal life

Pakistani cricketer Shan Masood is his nephew.[2]

Career

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,[1] 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.[1][3]

Waqar Masood 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).[1][5]

He also served as a board member on the Board of Directors 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]

Death

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

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. 1 2 3 4 (Associated Press of Pakistan) "Dr Waqar Masood appointed PM's aide on revenue". The Express Tribune newspaper. 5 October 2020. Archived from the original on 11 October 2020. Retrieved 17 June 2026.
  2. ↑ "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.
  3. ↑ "Govt picks new finance secretary". The Nation newspaper. 4 February 2017.
  4. ↑ Shakeel Ahmed (4 May 2019). "Four names being circulated as possible replacements for SBP governor". Samaa TV News website. Archived from the original on 4 May 2019. Retrieved 17 June 2026.
  5. ↑ "Waqar Masood Khan". World Bank Live. 15 April 2016.
  6. ↑ "Members - Board of Directors of State Bank of Pakistan including Waqar Masood Khan" (PDF). Archived from the original (PDF) on 27 February 2020. Retrieved 17 June 2026.
  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. ↑ Chaudhary, Tariq (20 September 2025). "Former finance secretary Dr Waqar Masood passes away". Aaj English TV. Retrieved 20 September 2025.