Lazard picks Asda turnaround boss Norman as new chairman

City A.M. Reporter
ARCHIE Norman, chairman of ITV and the man dubbed turnaround king during his time at the helm of retailer Asda, has been appointed chairman of Lazard London, the investment bank said yesterday.

Norman joins a roster of high profile advisers at Lazard that include former business minister Lord Mandelson and the former prime minister of Australia, Paul Keating.

A senior adviser to Lazard since 2003, Norman was chief executive of supermarket chain Asda and stayed on as chairman after the business was sold to Wal-Mart in 1996.

He became chairman of ITV in 2010 and has been an MP and chief exec of the Conservative Party.

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