Alain Demarolle

Chairman, My Money Bank

Alain DEMAROLLE Chairman of My Money Bank & MCS Group, Managing Director Cerberus Global Investment Advisors LLC. Alain Demarolle is a leading financial expert with a 25+ years global track record, including 15+ years on International capital markets (London, Luxembourg, New York, Paris) as well as 10+ years as a senior Government official in France. He notably served in France as Economic and Financial Advisor to the Prime Minister and Adviser to the Minister of Finance on SWFs. He is the former Chairman of LCH Clearnet SA. He is currently the Chairman of the Supervisory Board of MCS Group, France leading independant acquirer and manager of banking assets as well as the Chairman of the Board of My Money Bank, the first bank to be acquired by an investment fund in France. He previously founded Alura Capital Partners, an investment fund focused on European Equity Opportunities. From 2007 to 2010 Alain Demarolle was based in London as Managing Director for Europe with Eton Park International, a multi strategy fund. From 2005 to 2007 he served as the Economic and Financial Advisor to the Prime Minister of France. From 1998 to 2005 he was a senior investment banker with Salomon Smith Barney and Bear Stearns in London and New York, and was involved in a wide variety of transactions. He graduated valedictorian from Ecole Nationale d'Administration (ENA) as an Inspecteur des Finances and started his career with the French Treasury and the Ministry of Finance (1991-1998). Alain also holds an MBA from ESSEC, a Post-Graduate Economics Diploma from Sciences–Po, and a PhD in Philosophy from La Sorbonne University. He served on various Boards including the Invest in France Agency and the FSI-France Investissement and has been appointed in April 2013 as a Member of the “Innovation 2030” task force to select key strategic Investment opportunities for France. He has been selected as a Young Global Leader by the Davos World Economic Forum.