Lazard Names David Krap Co-Head of European Consumer Banking
Lazard has appointed David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure, bringing over two decades of M&A advisory experience.
Lazard, Inc. (NYSE: LAZ) announced Monday the appointment of David Krap as Managing Director and Co-Head of its European Consumer, Retail & Leisure practice, the global investment bank said in a statement released in London.
Krap brings more than 20 years of experience advising on mergers and acquisitions within the consumer sector to the role. His appointment signals continued investment by Lazard in bolstering its European advisory capabilities at a time when cross-border deal activity in the consumer and retail space remains closely watched by market participants.
Read more Lazard Names David Krap Co-Head of Europe Consumer and Retail →
The Consumer, Retail & Leisure sector has faced significant structural pressures in recent years, including shifting consumer spending patterns, supply chain disruptions, and tightening credit conditions — dynamics that have kept M&A advisers busy navigating complex transactions on behalf of corporate clients across Europe.
Lazard's decision to install a co-head structure for the European practice suggests the firm sees sufficient deal pipeline to warrant expanded senior leadership coverage, a common strategic move among bulge-bracket and independent advisory firms seeking to deepen client relationships in specialized verticals.
Continue reading at All Financial Services & Investing.
