Lazard appoints David Krap as Managing Director and Co-Head of European Consumer, Retail, and Leisure Business

London, October 19th / PRNewswire / -- Lazard, Inc. (New York Stock Exchange ticker: LAZ) Today, it was announced that David Krap has been appointed as Managing Director and Co-Head of Europe's Consumer, Retail, and Leisure Business.

Krap has over 20 years of experience as a mergers and acquisitions consultant in the consumer sector, with a focus on food and beverages, home products, personal care, and certain consumer health categories. He previously worked at JPMorgan Chase, where he served as Managing Director and Co-Head of Consumer and Retail EMEA. Earlier in his career, he held senior positions at Credit Suisse, Centerview Partners, and UBS. Krap graduated from the London School of Business in Europe with honors and is fluent in German and Spanish.

Krap, who is based in London, will join the Lazard European financial advisory business led by Jean - Louis Girodolle and Cyrus Kapadia. This appointment reflects Lazard's continued investment in senior talent and is also part of its Lazard 2030 strategy, which includes expanding the company's team of managing directors in the advisory business.

“David is a highly regarded consultant who has demonstrated outstanding performance in helping the board of directors and management team to navigate complex strategic inflection points and transformative transactions. We are delighted to welcome him to Lazard,” said Jean - Louis Girodolle, Co-Director of European Investment Banking.

“David is a consultant trusted by many leading companies in the industry. His profound professional skills and long-established network of relationships will further enhance our business strength as we continue to invest in the European platform and improve our customer service capabilities,” said Cyrus Kapadia, co-head of European investment banking.

"I have always admired the model of Lazard which is led by consultants and emphasizes the spirit of partnership, as well as its business layout and connectivity in Europe and North America. I fully agree with the ambition of Lazard's 2030 strategy and the growth that the company is striving to achieve. I look forward to joining the talented team at Lazard to help shape and expand its global consumer business," stated David Krap.

About Lazard

Lazard was established in 1848 and is a leading financial advisory and asset management company with operations spanning North America and South America, Europe, the Middle East, Asia, and Australia. Lazard provides consulting services for mergers and acquisitions, capital markets and capital solutions, restructuring and debt management, geopolitics, and other strategic matters. It also offers asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high-net-worth individuals. Lazard is listed on the New York Stock Exchange under the ticker Lazard, Inc. (Code: LAZ)

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