Lazard appoints financial advisory managers

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New York-headquartered Lazard has announced financial advisory leadership appointments.

Alexander Stern has been named chief executive officer, Financial Advisory while Matthieu Pigasse has been promoted global head of M&A and Sovereign Advisory.

“As CEO, Financial Advisory, Alex will lead and drive strategy for our global investment banking businesses,”said Kenneth Jacobs, chairman and CEO of Lazard.

Jacobs said that Pigasse, as global head of M&A, “will be responsible for intensifying our client focus, which strengthens the firm’s unrivaled network of relationships around the world.”

Stern joined Lazard in 1994. He was hitherto working as chief operating officer of the group since November 2008, a position he will keep in addition to his new role. He also served as global head of Strategy. He was named managing director in January 2002.

Pigasse moved to Pigasse as a managing director in 2002. He is CEO of Lazard France since 2009. He will continue to serve in this current role in addition to his new position.

Formerly, Pigasse held various positions in the French Treasury and the French Ministry of Economy, Finance and Industry.

Lazard posts $199bn (€179.45bn) of assets under management at the end of Q1 2015.

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