Lazard Asset Management announced Monday the appointment of Chris Hogbin as CEO, succeeding Evan Russo, who has served in the role since 2022. Hogbin’s appointment at the $248 billion asset management subsidiary of Lazard Inc. is effective in December. Russo will continue to serve in an advisory role following the leadership transition.
“We are excited to announce Chris as our CEO of Lazard Asset Management,” said Peter Orszag, Lazard Inc.’s CEO and chairman, in a statement. “We see this year as an inflection point for our Asset Management business, as we continue to build on our momentum and position the firm to meet evolving client needs.”
Hogbin is currently global head of investments at AllianceBernstein, where he has worked for 20 years, previously serving as head of equities and co-head of equities. He also led the firm’s sell-side research businesses in Europe and Asia.
“It is an honor to join Lazard Asset Management and work with a renowned team of professionals who are committed to delivering best-in-class investment solutions to clients,” Hogbin said in a statement. “I look forward to joining Peter and the team to help deliver the next stage of value creation for our clients and shareholders.”
For more stories like this, sign up for the CIO Alert newsletter. ?
Hogbin earned a master of arts degree in economics from Cambridge University and an MBA from Harvard Business School.
Related Stories:
Northern Trust Asset Management Co-CIO Named President
Churchill Asset Management Names Michael Foley Head of Institutional
Sparkes Joins Pandion Asset Management to Lead Business Development
Tags: Lazard Asset Management
#Chris #Hogbin #Named #CEO #Lazard #Asset #Management