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Banking

Evercore names co-presidents in leadership reshuffle

Evercore appointed Nigel Dawn and Naveen Nataraj as co-presidents, the investment bank’s first use of the shared role, the Financial Times reported. Chief executive John Weinberg is expected to remain in his post for at least three more years, giving the advisory firm time to manage succession under its new structure.

Why it matters

The appointments clarify Evercore’s leadership bench while preserving continuity at the top of the independent investment bank.

Sources

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