Lazard has appointed Alessandro Superina, a former UBS executive, to lead its dealmaking operations in Switzerland, according to an internal memo seen by Financial News. Superina is expected to join the firm in October, the memo said.
Superina's Background and Role
Superina previously served as head of M&A for Switzerland at UBS, where he spent over a decade advising on mergers and acquisitions. In his new role at Lazard, he will be responsible for driving the firm's M&A advisory business in the Swiss market, working closely with the firm's existing team in Zurich.
Strategic Implications for Lazard
The hire is part of Lazard's broader strategy to strengthen its presence in continental Europe, particularly in Switzerland, which remains a key hub for cross-border transactions. Lazard has been actively expanding its European advisory teams, and Superina's appointment is seen as a significant addition to its senior ranks.
According to the memo, Superina's experience in Swiss M&A will be instrumental in helping Lazard serve its clients amid a challenging dealmaking environment. The memo also highlighted his track record in advising on complex transactions across various sectors.
Industry Context
The move comes at a time when investment banks are vying for top talent to navigate a slowdown in global M&A activity. Lazard's decision to recruit from a rival bank underscores its commitment to maintaining a competitive edge in the Swiss advisory market.
Superina's departure from UBS marks another notable exit from the Swiss bank's M&A team, as several senior bankers have left in recent months for other opportunities. Lazard has not disclosed the terms of Superina's contract, and he could not be reached for comment.
