Lazard's new chief executive Peter Orszag has laid out plans to double revenue and hire more senior dealmakers, naming a new top team as the bank prepares for its first leadership change in 14 years.
In an eight-page memo sent to staff seen by Financial News, Orszag has unveiled ambitious goals for Lazard as he prepares to take the helm on 1 October, laying out his vision for how the bank will grow towards 2030.