Evercore (NYSE: EVR) announced today that Eduard Kostadinov will join the Firm's Investment Banking business as a Senior Managing Director in its Advisory practice based in Frankfurt. Mr. Kostadinov will focus on advising clients on M&A and capital-raising assignments in the Industrials sector across Europe. Mr. Kostadinov will also take on the leadership of Evercore's German Advisory business, working in close partnership with Walter Kuna who will become Chairman of Evercore Germany.
Mr. Kostadinov was most recently a Managing Director at Morgan Stanley, where he was Co-Head General Industrials EMEA, with a particular focus on the Automotive industry. Prior to joining Morgan Stanley in 2011, Mr. Kostadinov was Head of Automotive EMEA at Bank of America Merrill Lynch. During the course of his career, Mr. Kostadinov has led and successfully executed a wide array of notable transactions for major corporate and financial sponsor clients.
Ralph Schlosstein, Evercore's President and CEO, said, "We really are delighted that Eduard is joining the Firm. It has been a strategic priority of ours to build a world-class team of senior advisory professionals covering the Industrials sector globally and Eduard's recruitment is another important step towards this. With his strong leadership skills, global network and outstanding advisory track record, he is also the ideal person to take on the leadership of our German business alongside Walter."
Walter Kuna, Senior Managing Director and Chairman of Evercore Germany, said, "We have enjoyed great success in Germany since becoming part of Evercore in 2015. Eduard is the perfect fit for us and will further enhance our position in the German advisory market. I am greatly looking forward to working with him to take the business on to the next level."
Mr. Kostadinov holds an Honours Bachelor of Administrative Studies degree from York University, Toronto and an MBA from INSEAD. He qualified as Chartered Accountant in Canada in 2000 and a Chartered Financial Analyst in 2002.
Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in North America, Europe, South America, the Middle East and Asia. For more information, please visit www.evercore.com.
Head of Investor Relations, Evercore
Chief Executive Officer, European Investment Banking, Evercore