Lazard Appoints David Krap as Managing Director for European Consumer, Retail and Leisure Division

David Krap Joins Lazard as Managing Director

Lazard, Inc., a prominent global investment firm, has recently welcomed David Krap as the new Managing Director and Co-Head of its European Consumer, Retail, and Leisure segment. This strategic appointment reflects Lazard's commitment to strengthening its leadership team as part of its ambitious "Lazard 2030" initiative.

Extensive Experience in the Consumer Sector

David Krap brings more than two decades of rich experience in mergers and acquisitions to his new role. He has specialized expertise in various sectors, including food and beverage, household products, and consumer health. Prior to joining Lazard, Krap held a significant position at J.P. Morgan, serving as the Managing Director and Co-Head of the Consumer and Retail division for the EMEA region. His impressive background also includes high-profile roles at Credit Suisse, Centerview Partners, and UBS, which solidify his reputation as a trusted advisor in the industry.

Leading the Charge from London

Operating from Lazard's London office, Krap will be instrumental in the company's European financial advisory operations, which are currently overseen by Jean-Louis Girodolle and Cyrus Kapadia. His appointment is not merely administrative; it reinforces Lazard's mission to invest in seasoned leadership across its consultancy spectrum as part of the broader Lazard 2030 strategy.

Jean-Louis Girodolle, Co-Head of European Investment Banking, stated, "David is a highly regarded consultant with a remarkable track record in guiding boards and management teams through complex strategic transitions and landmark transactions. We're thrilled to have him on board at Lazard."

Cyrus Kapadia, Co-Head of European Investment Banking, echoed this sentiment, noting, "David’s extensive expertise and long-standing relationships will further fortify our market position as we invest in our European platform and expand our service offerings for clients."

Excitement for Future Growth

David Krap himself expressed enthusiasm about joining Lazard, stating, "I have long admired Lazard's advisory-focused and collaborative business model, as well as its strong presence and connectivity across Europe and North America. I am firmly convinced of the objectives of the Lazard 2030 strategy and the growth envisioned by the company. I look forward to being a part of the talented Lazard team and contributing to the global consumer business while fostering further growth."

About Lazard

Founded in 1848, Lazard is recognized as one of the world's leading financial advisory and asset management firms, maintaining offices across North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advisory services to institutions, corporations, governments, partnerships, family offices, and high-net-worth individuals, covering various strategic issues, including mergers and acquisitions, capital market transactions, restructuring, and asset management. The firm is publicly traded on the New York Stock Exchange under the ticker symbol LAZ, reflecting its robust standing in the global financial landscape.

For more information about Lazard and its services, visit Lazard.com and follow the firm on LinkedIn.