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 of the firm. Massaroni oversees the fiscal health of the organization, ensuring that resources support the expansion of investment products and wealth management services. By managing the balance sheet and monitoring liquidity, the Chief Financial Officer provides the stability necessary for long-term growth. Robert Massaroni drives the financial analysis required for evaluating new market entries across Asia Pacific and the Middle East. This leadership role involves frequent interaction with the Board to report on performance metrics and budgetary compliance. Through the implementation of robust financial controls, the Chief Financial Officer safeguards the assets of the firm and its clients. Massaroni ensures that all financial operations align with the strategic objectives of Lazard Ltd, maintaining the firm's reputation for fiscal discipline and excellence.

Jag Churaman, the Director, Chief Operating Officer and Chief Financial Officer Alternative Investments at Lazard Asset Management, directs the operational and financial framework for the firm's alternative investment division. Churaman oversees the specific accounting and reporting requirements for complex alternative products, ensuring transparency for institutional investors. By managing the operational lifecycle of these specialized assets, the Director, Chief Operating Officer and Chief Financial Officer Alternative Investments drives efficiency in fund administration. Jag Churaman architects the financial reporting systems that support the firm's global alternative investment strategy. This leadership role involves coordinating with the broader C-suite to ensure that alternative investment initiatives contribute effectively to the overall wealth management mission. Through meticulous oversight of fund performance and cost structures, the Director, Chief Operating Officer and Chief Financial Officer Alternative Investments optimizes the profitability of the division, reinforcing the firm's competitive standing in the global financial services market.

Rosalie Berman, the Chief Operating Officer at Lazard Asset Management, directs the internal operational infrastructure supporting global investment activities. Berman oversees the seamless execution of trade operations and client service workflows across Asia Pacific and South American regions. By streamlining administrative processes, the Chief Operating Officer ensures that the firm maintains high efficiency in delivering multi-asset solutions. Rosalie Berman drives the adoption of advanced technology platforms to support the complex needs of the Lazard Family Office Partners division. This leadership role involves close coordination with the Board to align operational capacity with strategic growth targets. Through rigorous oversight of internal controls, the Chief Operating Officer mitigates risk and enhances the reliability of the firm's service delivery. Berman consistently improves organizational agility, allowing the company to respond rapidly to shifting market demands while maintaining the highest standards of operational excellence.

Joanne Choi, the Chief Marketing Officer at Lazard Asset Management, directs the global brand strategy and client communication initiatives. Choi oversees the positioning of equity, fixed income, and alternative investment products to ensure maximum market penetration. By crafting targeted messaging for diverse international audiences, the Chief Marketing Officer drives engagement with the firm's wealth management services. Joanne Choi architects digital marketing campaigns that highlight the unique value proposition of the open-architecture platform. This leadership role involves collaborating with investment teams to translate complex financial strategies into clear, actionable insights for clients. Through the analysis of market trends and competitor activity, the Chief Marketing Officer refines the firm's outreach efforts across North America and Europe. Choi ensures that the brand identity remains synonymous with expertise and trust, ultimately supporting the firm's mission to provide superior financial solutions to a global client base.

Frank Aiello, the Managing Director at Lazard Asset Management, directs high-level investment strategies focused on equity and fixed income products. Aiello oversees the integration of global multi-asset solutions, ensuring that portfolio performance aligns with the rigorous standards of the firm. By coordinating with international teams across North America and Europe, the Managing Director maintains a competitive edge in the financial services industry. Frank Aiello drives the expansion of wealth management services, specifically within the Lazard Family Office Partners division. This leadership role involves constant monitoring of market volatility to protect client capital. Through precise asset allocation and risk management, the Managing Director secures long-term growth for institutional and private clients. Aiello consistently evaluates new investment opportunities to enhance the firm's comprehensive product suite, ultimately strengthening the market position of the organization on a global scale.

Shelton Mastandrea, the Managing Director at Lazard Asset Management, architects alternative investment strategies designed for complex client portfolios. Mastandrea manages the development of specialized financial products, focusing on the unique requirements of the Middle East and Africa markets. By analyzing macroeconomic trends, the Managing Director identifies emerging opportunities that diversify client holdings beyond traditional asset classes. Shelton Mastandrea drives the collaboration between internal research teams and external partners to refine the firm's multi-manager platform. This leadership role requires deep technical expertise in alternative investment structures and regulatory compliance. Through the implementation of innovative financial models, the Managing Director optimizes portfolio efficiency and enhances risk-adjusted returns. Mastandrea ensures that all alternative investment initiatives remain consistent with the broader mission of the firm, providing clients with robust tools for wealth preservation and capital appreciation.