Nicholas Lazares

Nicholas Lazares is a prominent figure in the banking sector, notably serving as the Chairman and Chief Executive Officer of Admirals Bank. He has a substantial background in finance, having previously held the CEO position at Admirals Bank from 2010 until his departure in 2017. During his tenure, he was involved in significant decisions and strategies aimed at navigating the bank through challenging financial circumstances, including a federal consent order and substantial losses reported in 2017.124

Lazares holds a Bachelor's degree in Economics and both a Juris Doctor (J.D.) and Master of Laws (LL.M.) from Boston University. His expertise extends beyond banking; he has been active in discussions surrounding economic policies, particularly regarding the Greek financial crisis, reflecting his Greek heritage and commitment to addressing international financial issues.34

After leaving Admirals Bank, Lazares continued to engage in financial services and advisory roles. His career includes founding and leading various financial institutions, demonstrating a robust capability in managing commercial lending and distressed assets.56 His leadership style and strategic vision have been recognized as instrumental in reshaping the direction of the bank during turbulent times.