Lazard Ltd. announced that Chetan Bhandari has joined the firm as a Managing Director, Restructuring, effective January 10, 2016. Based in New York, Mr. Bhandari was most recently Senior Vice President, Corporate Finance and Treasurer at Toys 'R' Us. Mr. Bhandari has more than 20 years of professional experience, primarily as an investment banker. He joined Toys “R” Us in 2014 to facilitate the company’s recapitalization of a complex and leveraged balance sheet. He had previously been a Managing Director at GLC Advisors, a restructuring advisory firm, since 2013, and prior to that, a Managing Director in Investment Banking at Goldman, Sachs & Co., where he was responsible for the Consumer /Retail group’s leveraged finance business.