French banker Matthieu Pigasse is to leave Lazard after 17 years to pursue a new...
PARIS - French banker Matthieu Pigasse is to leave Lazard after 17 years to pursue a new entrepreneurial project, an exit that will see the firm lose one of its biggest rainmakers.
For Lazard, Pigasse has led the world’s largest sovereign debt restructurings in Greece, Argentina and Ukraine, as well as multi-billion mergers such as those between Unibail-Rodamco and Westfield, Sanofi and Boehringer Ingelheim, Safran and Zodiac. Pigasse has been reflecting on his future for about eight months, a source close to the banker said, adding that he took the decision only in the last few days. Lazard did not want to let him go, the source said, but Pigasse needed a new challenge.
Lazard CEO Kenneth Jacobs said at the time that Pigasse was “central to our success in France and elsewhere” and that his new focus would be to help the firm’s new CEO of financial advisory, Peter Orszag, win more business globally.
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