June 28, 2011
Senior Directors include international industry leaders and former government representatives: Charlene Barshefsky, Kwon Ping Ho, Michael Marks, Sidney Taurel, Hubert Védrine.
New York and London, June 28, 2011
As part of its continued international expansion, Moelis & Company, the New York-headquartered independent investment bank, today announced the appointment of five Senior Directors who bring global financial, government and economic experience to the firm and will provide senior counsel and strategic advice on industry issues particularly across international financial markets.
Under the Chairmanship of Lord Mervyn Davies, Baron Davies of Abersoch, CBE, former Chairman and CEO of Standard Chartered PLC and Minister of State for Trade, Investment and Small Business for the United Kingdom, the Senior Directors will collectively form the firm’s Global Advisory Board.
Lord Davies, who joined the firm last year and who is also Special Advisor to Ken Moelis, CEO of Moelis & Company, will be joined on the Global Advisory Board by:
Ambassador Charlene Barshefsky – Former United States Trade Representative, Executive Office of the President, U.S. Government, currently Senior International Partner at WilmerHale;
Kwon Ping Ho – Founder and Executive Chairman of Banyan Tree Group, Singapore, and Chairman of the Wah Chang Group;
Michael Marks – Founding Partner of Riverwood Capital, former Chairman and CEO of Flextronics, and former Senior Advisor at Kohlberg Kravis Roberts & Co;
Sidney Taurel – Former Chairman and CEO of Eli Lilly and Company, and currently Senior Advisor at Capital Royalty LLP, a private equity firm investing in intellectual property in the biopharmaceutical industry; and
Hubert Védrine – Founding Partner of Hubert Védrine Conseil, and Chairman of the Institut François Mitterrand. Between 1997 and 2002 he was Minister of Foreign Affairs in Lionel Jospin’s cabinet, and between 1981 and 1995 he was Foreign Affairs Advisor, then Chief of Staff, of French President François Mitterrand.
“Clients expect the highest quality strategic advice as they plan for the future success of their companies. Advice needs to be innovative and current with global economic and political issues, and provide companies with the strategy they need to outpace their competition,” said Ken Moelis. “Between our world-class team and our new Global Advisory Board members, Moelis & Company will continue to provide the uncompromised strategic advice that clients are looking for.”
“In today’s markets, there are many opportunities for independent financial advisory firms. The members of the Global Advisory Board will help Moelis & Company capitalize on these opportunities by enhancing our relationships with key global corporate clients, institutions and governments who have come to expect uncompromised advisory services from us,” said Lord Davies.
These appointments are part of Moelis & Company’s continued international expansion since it opened four years ago. The company recently announced its expansion in Asia through the acquisition of Asia Pacific Advisers, an independent, financial advisory firm in Hong Kong, and in the Middle East through the opening of an office in Dubai. Moelis & Company continues to grow through its businesses in the United States, Europe and Australia.
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