A former vice president in Lazard's power, energy and infrastructure team in New York has moved to Bank of America Merrill Lynch.
The banker, Komu Kumar, joined BAML's power, utilities and renewables investment banking group this month, also as a V.P.
He is the latest of a handful of recent departures from Lazard, including its former global head of power, energy and infrastructure, George Bilicic.
Kumar had been at Lazard since 2015, having previously worked at Maple Leaf Investment Fund Corp. and at the Australian Trade and Investment Commission in Toronto and AMP Capital in New York.
Industry veteran Bilicic, meanwhile, left the firm in May to lead Sempra Energy's strategy, corporate development and legal activities (PFR, 5/13). His responsibilities as global head of Lazard's power, energy and infrastructure business were taken over by Mark McMaster on May 17.
McMaster has a lot on his plate, as he was also promoted to global head of mergers and acquisitions at the same time, while remaining global head of industrials.
Following Bilicic's departure in May, George Arbache left Lazard in July for a new job at Jefferies. Arbache had been a director in Lazard's power, energy and infrastructure team (PFR, 7/1).
Over the past 12 months, Lazard has also reinforced the team's senior ranks with several hires and promotions.
Mark Sooby and Harris Ghozali joined in as managing directors in Houston from Deutsche Bank in July 2018 and Michael Skelly as a senior advisor, also in Houston, from Clean Line Energy Partners the following month.
In January and February of this year, New York-based Akshay Dhiman and Houston-based Daniel Hamilton were promoted to managing director and in May long-time RBC Capital Markets banker Bill Sembo joined the firm as a senior advisor in Calgary, Alberta.