Lazard Asset Management Executive and Leadership Team

Robert Massaroni, the Chief Financial Officer at Lazard Asset Management, directs the financial planning, reporting, and capital allocation strategies for the firm. Massaroni oversees the fiscal health of the organization, ensuring that resources support the development of equity, fixed income, and alternative investment products. The Chief Financial Officer manages the firm's budgetary frameworks and financial risk assessments across all international operations. By analyzing revenue streams and cost structures, the Chief Financial Officer provides the strategic insights necessary for sustainable growth. Robert Massaroni drives the financial reporting processes that maintain transparency for stakeholders and regulatory bodies. This leadership role involves constant interaction with the Board to ensure that financial objectives align with the firm's long-term mission. Through disciplined financial management, the Chief Financial Officer secures the capital stability required to maintain the firm's strong international presence and commitment to high-quality wealth management services.

Jag Churaman, the Director, Chief Operating Officer and Chief Financial Officer Alternative Investments at Lazard Asset Management, directs the specialized operational and financial functions for the firm's alternative investment division. Churaman oversees the unique reporting requirements and operational workflows associated with complex alternative asset products. The Director, Chief Operating Officer and Chief Financial Officer Alternative Investments manages the financial performance metrics and risk controls specific to this high-growth segment. By optimizing the operational infrastructure for alternative investments, the Director, Chief Operating Officer and Chief Financial Officer Alternative Investments ensures that the firm meets the sophisticated needs of its global client base. Jag Churaman drives the integration of financial data into strategic decision-making processes, supporting the expansion of alternative investment offerings. This leadership role involves close collaboration with investment managers to ensure that operational and financial frameworks support the delivery of superior investment outcomes in the alternative space.

Rosalie Berman, the Chief Operating Officer at Lazard Asset Management, directs the internal operational infrastructure required to support global investment activities. Berman oversees the efficiency of the open-architecture platform, ensuring seamless execution of multi-asset portfolio solutions. The Chief Operating Officer manages cross-functional teams to streamline administrative processes and enhance service delivery across North America and Africa. By implementing robust operational protocols, the Chief Operating Officer maintains the integrity of the firm's financial services. Rosalie Berman drives the adoption of scalable technology solutions that support the firm's complex investment products. This leadership role involves close coordination with the executive team to align operational capacity with strategic growth objectives. Through rigorous oversight of daily business functions, the Chief Operating Officer ensures that the firm operates with maximum efficiency, providing a stable foundation for the delivery of wealth management services to a global client base.

Joanne Choi, the Chief Marketing Officer at Lazard Asset Management, directs the global brand strategy and client communication initiatives. Choi oversees the positioning of the firm's multi-asset and multi-manager portfolio solutions to attract institutional and private wealth clients. The Chief Marketing Officer manages the development of marketing campaigns that highlight the firm's expertise in equity and fixed income products across South America and Asia Pacific. By analyzing market sentiment and client feedback, the Chief Marketing Officer refines the firm's messaging to ensure resonance with diverse international audiences. Joanne Choi drives the digital transformation of marketing efforts, enhancing the visibility of the Lazard Family Office Partners division. This leadership role involves collaborating with investment teams to translate complex financial strategies into clear, compelling narratives. Through strategic brand management, the Chief Marketing Officer strengthens the firm's market position and supports the overall growth of the global wealth management business.

Shelton Mastandrea, the Managing Director at Lazard Asset Management, directs high-level investment strategies focused on equity and fixed income portfolios. Mastandrea oversees the integration of global multi-asset solutions to meet the complex requirements of institutional clients. By analyzing international market trends, the Managing Director identifies growth opportunities across North America and Europe. This leadership role involves constant collaboration with portfolio managers to ensure alignment with the firm's rigorous investment standards. Shelton Mastandrea drives the development of specialized financial products, ensuring that the firm maintains a competitive edge in the global wealth management sector. Through precise asset allocation and risk assessment, the Managing Director secures long-term value for the diverse client base. The Managing Director maintains a focus on delivering consistent performance while navigating the intricacies of global financial markets, ultimately strengthening the firm's reputation for excellence in investment management.

Frank Aiello, the Managing Director at Lazard Asset Management, architects the firm's alternative investment strategies and client engagement frameworks. Aiello manages the expansion of wealth management services within the Lazard Family Office Partners division, focusing on high-net-worth client needs. The Managing Director coordinates with global teams to deploy multi-manager solutions across Asia Pacific and the Middle East. By evaluating market volatility, the Managing Director optimizes portfolio structures to mitigate risk while maximizing returns. Frank Aiello drives the implementation of innovative investment vehicles that cater to evolving financial landscapes. This leadership role requires deep expertise in alternative asset classes and a commitment to providing tailored financial advice. Through strategic oversight of client relationships, the Managing Director ensures that the firm delivers comprehensive wealth management expertise, consistently supporting the broader mission of providing superior financial outcomes for clients worldwide.