Lazard restructures management
LazardAsset Managementhas announced a number of senior appointments after restructuring elements of its management team in a bid to enhance its client servicing capabilities.
The restructure involves the expansion of Lazard’s client service operations and the division of the business into two sections: client servicing/sales and product management. It also includes the expansion of its legal and compliance division.
Lazard managing director Rob Prugue says the changes do not impact on the group’s manufacturing capabilities.
As part of the enhanced focus, formerDeutsche Asset Managementhead of product management and development Brian Nolan joins the firm in a similar capacity, as product development manager.
Nolan has experience in wholesale funds product management, asset consulting and performance analysis withZurich, Prudential andMercer.
Meanwhile, Lazard senior vice president Susan Roberts has been appointed to head the client services/sales group. Roberts joined the company early last year and has more than 10 years’ experience in domestic superannuation and investment markets.
On the compliance side, Apnavi Saddington has been appointed as co-head legal and compliance manager in a joint role alongside company secretary Lindy Tallis.
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