Lazard Inc. has appointed Cyrille Cotte as the head of insurance for its financial institutional group in Europe, according to sources familiar with the matter. Cotte, who is based in London, is expected to assume his new role in the autumn. The 46-year-old France-born banker is currently a senior managing director in Evercore’s European financial institutions group. He will be joining Lazard from Evercore Inc., a move that signifies a significant shift in the banking landscape.
Cotte’s appointment comes as Lazard continues to strengthen its presence in the European insurance sector. As head of insurance, Cotte will be responsible for leading deal-making efforts in the region. His experience and expertise in financial institutions will be crucial in driving Lazard’s growth strategy.
The move is seen as a strategic hire for Lazard, given Cotte’s senior position at Evercore and his extensive knowledge of the European financial institutions market. The transition is expected to take place in the autumn, allowing for a smooth handover of responsibilities.
Lazard’s decision to hire Cotte underscores the firm’s commitment to expanding its capabilities in the insurance sector. With Cotte on board, Lazard is poised to enhance its advisory services for insurance clients in Europe.
