Lazard Names David Krap Co-Head of European Consumer Banking
Lazard appointed David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure, bringing over 20 years 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 investment bank disclosed in a London-based statement dated October 19, 2026.
Krap brings more than two decades of experience advising on mergers and acquisitions within the consumer sector, a specialization that Lazard indicated was central to his selection for the dual leadership role. The appointment signals the firm's continued investment in its European advisory capabilities at a time when consumer and retail dealmaking remains active across the continent.
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The Co-Head designation suggests Lazard is structuring the European consumer practice under shared leadership, a model increasingly common among global advisory firms seeking to balance regional expertise with cross-border deal flow. Krap's deep background in consumer-focused transactions positions him to serve clients navigating shifting retail landscapes and evolving leisure industry dynamics.
Lazard, headquartered in New York and listed on the New York Stock Exchange, operates one of the world's largest independent financial advisory businesses, with a significant presence across European capital markets. Personnel moves of this nature at the managing director level typically reflect broader strategic priorities around sector coverage and client relationships.
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