Lazard Increases Investment Banking Commitment in Brazil

Lazard Ltd

today announced that Henrique Meirelles, former President of the Central Bank of Brazil, has been appointed Chairman, Lazard Americas, effective immediately. Based in São Paulo, Mr. Meirelles will advise senior management regarding important initiatives internationally. Lazard also announced it has integrated its Brazilian operations, which were previously run as a joint venture known as Signatura Lazard. Marcelo Lyrio and Jean Pierre Zarouk, founders of Signatura, will retain their titles and responsibilities as Managing Directors and co-heads of Lazard's Brazilian Investment Banking operations, based in São Paulo.