FDJ appoints Phillippe Lazare to board to bolster M&A opportunities

Groupe FDJ has appointed Philippe Lazare as a non-executive corporate advisor of the operator of the French National Lottery
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Groupe FDJ has appointed Philippe Lazare as a non-executive corporate advisor of the operator of the French National Lottery.

The French business figurehead will serve on FDJ’s corporate committee for governance, remuneration and appointments. 

Lazare is the former Chief Executive and Chairman of leading French payment systems provider Ingenico, taking on the roles for 13 years between 2007 and 2020.

During his leadership tenure,  Lazare is credited with implementing the firm’s business reorganisation strategy, which saw Ingenico transform from a niche ‘payment terminals provider’ to become the leading Pan-European retail-&-merchant payment solutions supplier.

Scaling Ingenico across European markets, Lazare led the M&As of Sagem Monetel (France), Fujian Landi (China), Easycash (Germany), Ogone (Belgium), Global Collect (Netherlands) and Bambora (Sweden).

“Philippe Lazare will bring his experience in digital transformation, international business and mergers and acquisitions to the FDJ group’s Board of Directors,” read an FDJ statement.

Lazare has further advised French Plcs of Air France, Lucien Barrière, Eurotunnel or La Poste and is currently a member of France’s High Committee for Corporate Governance (HCGE).