INTERVIEW-Lazard seems to be in-house for subsequent crop of French rainmakers

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INTERVIEW-Lazard seems to be in-house for subsequent crop of French rainmakers

By Pamela Barbaglia and Gwénaëlle Barzic


By Pamela Barbaglia and Gwénaëlle Barzic

PARIS, Nov 5 (Reuters)Lazard’s Jean-Louis Girodolle has no intention of changing into a “public determine” as he emerges from the shadow of Matthieu Pigasse because the funding financial institution’s new boss in France.

Pigasse, a former senior French Treasury official, was broadly credited with bringing in thousands and thousands of {dollars} of enterprise throughout his 17 years at Lazard, together with its mandate to advise oil large Saudi Aramco on its deliberate itemizing.

His abrupt exit final month raised questions over Lazard’s LAZ.N skill to adapt its enterprise mannequin to life with out a key “rainmaker”.

“It isn’t a one-man present,” Girodolle, the brand new CEO of Lazard’s funding banking in France, advised Reuters in an interview at its Paris places of work on Boulevard Haussmann.

“My intention is to not run alone. I’ll make it possible for everybody feels included, listened to and a part of the sport,” the 51-year previous government mentioned.



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