GFG Alliance, has announced a further appointment to the French financial services offering it launched in May, to further bolster its financial advisory, investment banking and M&A capabilities and activities in France and Europe more widely.
Pascal-Olivier Marclay will join the Paris-based team as Managing Director, Corporate and Commercial Banking, France with a remit to expand GFG Alliance’s French investment programme into financial services.
Pascal-Olivier brings a wealth of corporate banking experience having held senior roles at BNP Paribas, UBS Switzerland and most recently at UBAF France, where he led the FI Europe & Americas, Commodity & Structured Finance, Risk Distribution team.
Pascal-Olivier Marclay said: “This is a challenging time for all industries but there are opportunities for those with bold visions to not only invest in and consolidate their core activities but also, where possible, to expand into new and profitable segments. GFG Alliance has shown great ability to realise these industrial opportunities and I’m hugely excited to be joining a team to help identify and capitalise on new prospects to grow both the business and its banking services.”
Sanjeev Gupta, executive chairman of GFG Alliance said: “I am delighted to welcome Pascal-Olivier to our growing French team. There is great capacity for expansion in the investment and corporate banking segments and Pascal-Olivier’s expertise will be key in helping us realise our potential in these sectors, both in France and beyond as an international financial services provider.”
GFG Alliance’s financial services sit within a family office structure and are managed separately from GFG Alliance’s three industrial pillars; LIBERTY Steel Group, ALVANCE Aluminium Group and SIMEC Energy Group. Combined GFG Alliance has revenues of $20bn USD and employees 35,000 people across 30 countries.