Paris, January 15, 2026 – François-Marc Durand, President of Compagnie Financière Lazard Frères today announced the appointment of Sophie de Nadaillac as President of Lazard Frères Gestion. She succeeds François-Marc Durand who has held this position since 2012.
Effective January 1, 2026, this appointment is part of a succession plan initiated three years ago, designed to ensure strategic continuity and maintain the growth momentum of the asset management business in France. Sophie de Nadaillac was appointed Deputy Chief Executive Officer in January 2024.
Sophie de Nadaillac joined Lazard Frères Gestion in 2007 as a private banker. She became Head of Wealth Management Development in 2009, then Head of Lazard Frères Gestion Development in 2023. In 2024, Sophie took over the leadership of the investment platform and was promoted Deputy CEO. That same year, she also took on the role of co-head of European distribution for Lazard's asset management business.
François-Marc Durand remains President of Compagnie Financière Lazard Frères, which includes Lazard Frères Gestion, Lazard Frères Banque, as well as the private equity firms Elaia and Lazard Elaia Capital. He will also remain a member of the Executive Committee of Lazard Frères Gestion, advising and supporting Sophie de Nadaillac in the years ahead.
“Sophie’s appointment is the culmination of a preparation process undertaken several years ago. Her strategic vision, deep understanding of all client segments, and commitment to our teams are major assets in continuing our growth trajectory and strengthening our position in the industry,” said François-Marc Durand.
“I am honored by the trust placed in me. Together with all our teams, I intend to continue developing Lazard Frères Gestion by building on our strengths, while opening up new opportunities to meet our clients’ expectations and address the challenges of tomorrow,” added Sophie de Nadaillac.
François-Marc Durand, in agreement with the Lazard Group, decided that the time had come to offer a new generation the opportunity to build a long-term project, which is essential in our business. This new chapter for Lazard Frères Gestion will now be embodied by Sophie de Nadaillac.
Press Contacts
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About the Lazard Group:
Founded in 1848, Lazard is one of the world's leading financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets, restructuring/liability management, geopolitics and other strategic issues, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices and high-net-worth individuals. For more information, please visit www.lazard.com.
Lazard Frères Gestion is the asset management company of the Lazard group in France. It benefits from all the expertise of a major asset management firm backed by a powerful international group to support its clients. For more information, please visit www.lazardfreresgestion.fr.
