Asset Management

Lazard’s ESG co-head Nikita Singhal departs amid reshuffle

Fund arm scraps co-head structure as backlash against ESG ramps up in the US

Lazard's New York-based ESG boss Nikita Singhal departs the business after five years
Lazard's New York-based ESG boss Nikita Singhal departs the business after five years Photo: Jeenah Moon/Getty Images

Lazard Asset Management's ESG boss Nikita Singhal has left the firm amid an overhaul of its sustainability business.

The $193.6bn fund group has scrapped the co-head structure for its sustainable investment team, according to a person familiar with the situation.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump