Lazard Japan Asset Management Hires Yugo Ishida as Chief Executive Officer

  Lazard Japan Asset Management Hires Yugo Ishida as Chief Executive Officer

Business Wire

NEW YORK -- January 9, 2014

Lazard Asset Management LLC (LAM) today announced that Yugo Ishida has joined
Lazard Japan Asset Management K.K. as Representative Director and Chief
Executive Officer, effective immediately. Based in Tokyo, Mr. Ishida will lead
the growth and development of LAM’s business in Japan, which includes local
investment management, as well as Japanese sales and distribution of LAM’s
investment strategies.

"We are pleased and honored to welcome Yugo Ishida to Lazard Asset
Management,” said Ashish Bhutani, Chief Executive Officer of LAM. “In a
distinguished 34-year career, he has achieved a breadth and depth of
experience that will be a powerful addition to our global leadership team.
Yugo is well positioned to drive the continued growth and expansion of our
business in Japan.”

Mr. Ishida joins LAM from Nomura Asset Management, where he most recently
served as an Advisor to the Board of Directors. Previously, he held a number
of senior global leadership roles at Nomura, including President and Chief
Operating Officer of Nomura Asset Management, Chairman of Nomura Holdings,
Inc.’s European, Asian and North American subsidiaries, Chairman of Nomura
Europe Holdings plc., President and CEO of Nomura Europe Holdings and Nomura
International plc., President and CEO of Nomura Italia SIM p.A., Director of
Nomura International (Hong Kong), and Executive Director and Head of
Investment Advisory and Marketing (Hong Kong).

An indirect subsidiary of Lazard Ltd (NYSE:LAZ), LAM offers a range of equity,
fixed-income, and alternative investment products worldwide. As of September
30, 2013, LAM and affiliated asset management companies in the Lazard Group
managed $176 billion worth of client assets. For more information about LAM,
please visit

About Lazard

Lazard, one of the world’s preeminent financial advisory and asset management
firms, operates from 40 cities across 26 countries in North America, Europe,
Asia, Australia, Central and South America. With origins dating to 1848, the
firm provides advice on mergers and acquisitions, strategic matters,
restructuring and capital structure, capital raising and corporate finance, as
well as asset management services to corporations, partnerships, institutions,
governments and individuals.


Judi Mackey, +1 212-632-1428
Clare Pickett, +1 212-632-6963
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