Lazard is enhancing its technology advisory team by hiring veteran Barclays banker Jessel Sheth to address the growing challenges faced by its software clients due to artificial intelligence disruptions. This move aligns with a broader trend among financial advisory firms, which are increasingly recruiting experienced technology bankers to strengthen their expertise in response to the impact of AI on various sectors.

Lazard: Lazard is a global financial advisory and asset management firm focused on strategic advice for corporations and governments. It is actively strengthening its technology advisory team to support clients in navigating industry shifts. The firm is responding to growing demand from software sector clients facing technological changes.
Jessel Sheth: Jessel Sheth is a veteran banker with experience at Barclays in technology and related sectors. He is joining Lazard specifically to enhance its technology advisory capabilities. This move positions him to assist the firm’s software clients dealing with emerging challenges.

AI Impact: Software clients of major advisory firms are increasingly confronting disruptions from artificial intelligence developments.
Talent Strategy: Financial advisory firms are recruiting experienced technology bankers to bolster expertise in relevant sectors.