Lazard has named Naguib Kheraj as chief executive of Lazard International, a newly-created post, and also as deputy chairman of the firm, effective 1 January 2011.

Kheraj was latterly CEO of JP Morgan Cazenove. He was also a director and member of the group executive committee of Barclays where he served in a number of senior roles over a period of ten years, including in wealth management.

Based in London, Kheraj will be a senior member of the global financial advisory management team and will take a leadership role in advising large corporate firms, financial institutions and sovereign funds in the EMEA region.