Lazard Asset Management Names Tomohiro Kamisaku as CEO of Lazard Japan Asset Management KK
31 Janeiro 2024 - 6:30AM
Business Wire
Yugo Ishida to become Senior Advisor after 10
years as CEO of Lazard Asset Management’s Japan business
Lazard Asset Management (LAM) announced today that Tomohiro
Kamisaku will join the firm as CEO of Lazard Japan Asset Management
KK, effective February 1, 2024. Mr. Kamisaku succeeds Yugo Ishida,
who has been CEO of Lazard Asset Management’s Japan business since
2014. Mr. Ishida will retire as CEO and become a Senior Advisor at
Lazard Asset Management.
“We have a long history of serving our clients in Japan and are
positioning ourselves to do more with a broader set of Japanese
clients going forward,” said Evan Russo, CEO of Lazard Asset
Management. “In Tomohiro, we have found a leader who will help us
build on our success, scale our relationships in the country, and
help more clients achieve better investment outcomes. Our focus is
on continuing to grow in Japan, establishing more partnership
arrangements with Japanese financial institutions, and deepening
our relationships across institutional and intermediary investors
in the country. We’re confident in Tomohiro’s ability to lead those
efforts and look forward to welcoming him to Lazard.”
Mr. Kamisaku joins Lazard from Amundi Japan Ltd, where he was
most recently Executive Vice President and Head of the firm’s Japan
Institutional business. He has held senior leadership roles at
several firms serving Japanese investors, including at JP Morgan
Asset Management and UBS Asset Management.
Mr. Kamisaku said: “I am excited about joining Lazard Asset
Management and building on the strong foundation that Yugo-san has
put in place over his successful tenure as CEO. Japanese clients
are amongst the most sophisticated in the world and are
increasingly looking for more global solutions to meet their
investment objectives. As a global firm with strong local roots,
Lazard will enable clients to access a wider range of solutions
while being anchored in nuances that are specific to Japan. I am
ambitious about growing our client base and am looking forward to
working with the entire Lazard team – here in Japan and across the
world.”
After 10 years leading Lazard Asset Management’s business in
Japan, Yugo Ishida will retire in February and become a Senior
Advisor. Under his leadership, Lazard’s AUM in the country has more
than tripled and the firm has become a valued and trusted partner
with a broader set of clients. Mr. Ishida expanded partnerships
with Japanese financial institutions, launching several new
products over the course of his tenure, and his accomplishments
have set a strong foundation for the firm going forward.
Mr. Russo said: “We have been very fortunate to count on Yugo as
a trusted leader of our Japanese business and as an advisor to the
firm’s leadership team over the past decade. We are grateful for
his stewardship and his accomplishments over the years, and we look
forward to continuing to work with him in his new role as Senior
Advisor. I am pleased that Yugo will continue to be an asset for
the Japanese office and the firm.”
Lazard Japan Asset Management KK began operations in 1987, and
currently serves a range of intermediary and institutional clients.
The office, which consists of members of the distribution team as
well as Lazard’s Japanese Equity team, manages approximately $4
billion for Japanese and global clients. As of September 30, 2023,
Japan represents nearly $10 billion in assets under management for
Lazard.
AM - LAZ
About Lazard Asset Management
Lazard Asset Management, a subsidiary of Lazard, Inc. (NYSE:
LAZ), offers a range of equity, fixed income, and alternative
investment products worldwide. As of December 31, 2023, Lazard’s
asset management businesses managed approximately $246.6 billion of
client assets. For more information about LAM, please visit
www.LazardAssetManagement.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240131459770/en/
Media: Aziz Nayani, +1 212 632 6042
aziz.nayani@lazard.com Zoe Butt, +44 7586 712 663
zoe.butt@lazard.com
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