Lazard Names David Krap Co-Head of European Consumer Banking
Lazard appoints David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure, adding two decades 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 the firm's senior advisory bench in one of its key regional practice areas.
Krap brings more than 20 years of specialized mergers and acquisitions advisory experience to the role, with a concentration in the food sector and broader consumer-focused transactions across Europe. His appointment signals Lazard's continued investment in deepening sector-specific expertise at a senior level in its European operations, headquartered in London.
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The co-head structure suggests Lazard is positioning the European Consumer, Retail & Leisure practice for expanded deal flow, pairing Krap's advisory background with existing leadership to serve clients across an industry segment that has faced significant headwinds from inflation, shifting consumer spending, and ongoing supply chain pressures in recent years.
Lazard is one of the world's preeminent financial advisory and asset management firms, with operations spanning capital markets, restructuring, and strategic advisory services across more than 40 cities globally. Senior hires at the managing director level are closely watched as indicators of where major advisory banks see near-term deal activity concentrating.
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