Lord Mandelson becomes senior adviser to Lazard

Former government minister Lord Peter Mandelson has taken on a senior advisory role at US investment bank Lazard.

In the role, Mandelson will provide independent strategic counsel to Lazard and its clients. Kenneth Jacobs, the firm's chief executive, says: "Lord Mandelson has exceptional experience and acumen in business and public affairs. I believe his counsel will be invaluable to our clients and colleagues in Europe and worldwide, and I look forward to working with him." Mandelson will work alongside Lazard's teams based in London, Paris, New York and other offices, as well as its network of other senior advisers. He says: "I hope my experience in supporting trade and investment opportuni...