Lerner, who will head up the telecoms business, spent 15 years at Chase Manhattan, most recently as managing director of global project finance and advisory group.
‘He joins at an exciting time, with the industry undergoing dramatic change as a result of deregulation, technological advance and escalating demand. Both the incumbents and the new alternative carriers are undertaking massive capital investment programs,’ said Tony Poulter, PwC’s head of project finance and privatisation.
Lerner is know for international project financing with broad experience of corporate finance, including M&A, capital markets and private equity.
Before joining Chase Manhattan Lerner was assistant director in the international corporate finance division of NM Rothschild & Sons.
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