Lazard Names David Krap Co-Head of European Consumer Unit
Lazard has appointed David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure, bringing 20+ years of M&A advisory expertise.
Lazard, Inc. (NYSE: LAZ) announced Monday the appointment of David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure, expanding its advisory leadership across one of the firm's key sector practices in the region.
Krap brings more than two decades of experience advising on mergers and acquisitions with a concentrated focus on the consumer sector, including food-related transactions. His appointment signals continued investment by Lazard in bolstering its European dealmaking capabilities at a time when consumer and retail sectors face ongoing structural pressures.
Read more Lazard Names David Krap Co-Head of European Consumer Division →
Based in London, the hire underscores Lazard's strategy of deepening sector-specific expertise within its investment banking franchise. The co-head structure suggests the firm is positioning the European Consumer, Retail & Leisure practice for expanded deal flow and client coverage across the continent.
Lazard, one of the world's leading independent financial advisory firms, has steadily built out its European presence across industry verticals. Senior lateral hires at the managing director level are a common mechanism for the firm to add specialized advisory capacity without the ramp-up time associated with internal promotions.
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