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Written by / Agency / Source: Lazard Asset Management, LLC

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MBA Lazard Hires Enrique Cañas to Lead Investment Banking Business in Colombia, Central America and The Caribbean - MBA Lazard, a leading investment banking firm in Latin America, announced that it has hired Enrique Cañas as a Managing Director, Investment Banking, effective July 1 (NYSE: LAZ)
MBA Lazard Hires Enrique Cañas to Lead Investment Banking Business in Colombia, Central America and The Caribbean

 

NewswireToday - /newswire/ - Bogota, Colombia, 2011/06/22 - MBA Lazard, a leading investment banking firm in Latin America, announced that it has hired Enrique Cañas as a Managing Director, Investment Banking, effective July 1 (NYSE: LAZ). NYSE: LAZ

   
 
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Based in Bogotá, Mr. Cañas will have client coverage responsibility for Colombia, Central America and the Caribbean. He joined MBA Lazard from the International Finance Corporation (IFC), where he was Regional Country Manager for Colombia, Perú, Venezuela, Ecuador and Bolivia.

"This is a significant appointment for MBA Lazard as we look to further strengthen our presence in Latin America," said Gregorio M. Charnas, CEO of MBA Lazard. "There is now an increasing demand for independent financial advice from Colombian and Central American companies seeking overseas expansion, as well as from foreign companies looking to invest in the region."

"Enrique is highly respected within the Central American business community. His breadth of experience will help us further serve the growing M&A market and underscores our intentions to participate in the economic growth of this important region,” said Matias Eliaschev, MBA Lazard's Head of Investment Banking.
Prior to joining IFC in early 2004, Mr. Cañas, 47, spent three years as CEO of Banco Uno, a leading Central American financial group, and was instrumental on its sale to Citi in 2006. Between 1999 and 2004, Mr. Cañas was CFO of Grupo Poma, one of the leading diversified economic conglomerates in the region.

About MBA Lazard
MBA Lazard (mba-lazard.com) is a leading investment banking, securities and investment management firm that provides a wide range of services to a diversified client base that includes corporations, financial institutions and governments. MBA Lazard has offices in Argentina, Chile, Colombia, Panamá, Perú and Uruguay.

About Lazard
Lazard (lazard.com), 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.

Cautionary Note Regarding Forward-Looking Statements This press release contains “forward-looking statements.” In some cases, you can identify these statements by forward-looking words such as “may”,“might”,“will”,“should”,“expect”,“plan”,“anticipate”,“believe”,“estimate”,“predict”,“potential” or “continue”, and the negative of these terms and other comparable terminology. These forward-looking statements are not historical facts but instead represent only our belief regarding future results, many of which, by their nature, are inherently uncertain and outside of our control. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements.

These factors include, but are not limited to, those discussed in our Annual Report on Form 10-K under Item 1A “Risk Factors,” and also disclosed from time to time in reports on Forms 10-Q and 8-K including the following:

• A decline in general economic conditions or the global financial markets;
• Losses caused by financial or other problems experienced by third parties;
• Losses due to unidentified or unanticipated risks;
• A lack of liquidity, i.e., ready access to funds, for use in our businesses; and
• Competitive pressure.

Lazard Ltd is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, Lazard and its operating companies use their websites to convey information about their businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information, and the posting of updates of assets under management in various hedge funds and mutual funds and other investment products managed by Lazard Asset Management LLC and its subsidiaries. Monthly updates of these funds will be posted to the Lazard Asset Management website (lazardnet.com) on the third business day following the end of each month. Investors can link to Lazard and its operating company websites.

Media contact:
Dominique Biquard, Identia PR
P: +5411 5032 6300 / E: dbiquard[.]identiapr.com.

 
 
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Written by / Agency / Source: Lazard Asset Management, LLC

 
 

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MBA Lazard Hires Enrique Cañas to Lead Investment Banking Business in Colombia, Central America and The Caribbean

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Publisher Contact: Monica Orbe - Lazard.com 
+1 212-632-6968 monica.orbe[.]lazard.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Lazard Asset Management, LLC securities in any jurisdiction including any other companies listed or named in this release.

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