Lazard Wealth Management, a subsidiary of Lazard Ltd (NYSE: LAZ), today announced that James V. Le Rose has joined the firm as a Senior Relationship Manager based in New York, effective immediately. He was previously Senior Client Account Manager and New York Team Leader at Bessemer Trust Company.

"Jim's extensive experience meeting the specialized needs of wealthy families and individuals strengthens our ability to serve clients with a personalized, sophisticated approach," said Thad Shelly, Chief Executive Officer of Lazard Wealth Management. "I am pleased to welcome him to the firm."

Before joining Bessemer Trust in 2000, Mr. Le Rose, 50, was a Senior Relationship Manager in the Family Wealth Group at Chase Manhattan Bank for seven years.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 42 cities across 27 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating back 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. For more information on Lazard, please visit www.lazard.com.

Lazard
Monica Orbe, +1-212-632-6968
monica.orbe@lazard.com