November 06, 2015
London and New York, November 06, 2015
Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced Lord Charles Allen, Baron Allen of Kensington, CBE has joined the Firm as an Advisory Chairman, based in London.
“We are extremely pleased to have Charles join our Firm,” said Ken Moelis, Chairman and CEO of Moelis & Company. “As a chairman, non-executive director, and advisor, Charles has had an impressive track record of building and expanding businesses. He has a distinguished reputation in both the private and public sectors and our Firm and our clients will undoubtedly benefit from his deep relationships and diverse industry experience.”
“Moelis & Company has built an impressive global franchise,” said Lord Allen. “I am excited to help compound that success, work with the Firm’s bankers to enhance their relationships with corporate clients, and provide strategic advice across all sectors.”
Lord Allen will continue to serve as the Chairman of ISS A/S, a leading global facility services company; Chairman of Global Ltd, the largest commercial radio group in the UK; as well as Chairman of 2 Sisters Food Group Ltd, a leading food production company serving the retail sector.
From 2008 to May 2015, Lord Allen served as a Senior Advisor to Goldman Sachs, providing advice and support to the firm’s private equity portfolio and to their banking business. Also in 2008, Lord Allen joined the board of Virgin Media Group, on which he served until 2013. That same year he joined the board of EMI Music where he served as Chairman until 2010. Beginning in 1999, Lord Allen served for 10 years as a non-executive chairman on the board of Tesco PLC, one of the world’s largest retailers and the UK’s largest grocer.
Throughout his career, Lord Allen has also held Chief Executive Officer positions at Compass Group PLC, a food and support services company he successfully took public in 1988, and ITV PLC, where he created the market leading digital channel business and the third largest production company in Europe.
Coinciding with his executive career, Lord Allen was also involved with the London Olympic and Paralympic Games – serving as Vice Chairman of the London 2012 bid; and serving on the board of the London Organizing Committee for the Olympic and Paralympic Games. From 2006 to 2008, he acted as the Chief Advisor to the UK Home Office, providing advice and support to the Home Secretary and the Home Office Board on various matters.
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters. The Firm serves its clients with over 650 employees based in 17 offices in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.
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