18+ years of experience in financial services, hospitality and business services
Specialises in transformation, cost reduction and performance improvement
Paris
@alvarezmarsal
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Mark Bennett is a Managing Director with Alvarez & Marsal’s Corporate Transformation Services team in Paris. He brings 18 years of experience in transformation and performance improvement.
Mr. Bennet has worked with clients in various industries, including financial services, hospitality and business services. Recently at A&M, he managed a multi-country G&A optimisation project for a leading software and hardware solutions provider and a worldwide transformation and cost reduction project for a major multinational hospitality company. He also designed a target operating model for the middle and back offices of a major French retail bank to improve client servicing, optimise resources allocation and reduce the cost base.
Previously, Mr. Bennett managed a transformation program for the headquarters of a major French corporate and performed a strategic review, including operational improvement initiatives, for an African banking group as part of a three-year business plan and anticipated initial public offering. He also conducted numerous zero-based reviews and has extensive experience managing large-scale transformation programs.
Prior to joining A&M, Mr. Bennett worked with AlixPartners and Roland Berger. Previously, he worked with BNP Paribas’ Group Financial Management department, where he managed financial engineering projects, monitored due diligence processes and conducted business plan reviews.
Mr. Bennett started his career as a Group Inspector with BNP Paribas, where he audited subsidiaries and business units in North America, Europe and Asia and covered counterparty, finance and operational risks in retail banking, corporate and investment banking and specialised services businesses.
Mr. Bennett earned a master’s degree in finance and business administration from ESCP Europe Business School. A French-British national, he is fluent in French and English.
Alvarez & Marsal a conduit pour la 4ème année une étude complète de l’analyse de la rentabilité des banques de détail en France qui confirme la résilience du modèle, avec un retour à la croissance du PNB, mais aussi des coûts qui génère cependant à nouveau un effet ciseau positif. Cette étude s’appuie sur les résultats 2021 des banques de détail françaises.
Alvarez & Marsal (« A&M »), leader mondial du retournement, publie son étude annuelle sur les banques de détails en France. D’après cette nouvelle édition, la résilience du modèle de banque de détail se confirme mais reste sous pression. Au-delà de l’embellie avant tout conjoncturelle, l’accélération de certaines transformations est un impératif pour affronter les nouveaux défis, notamment l’arrivée d’acteurs disruptifs issus du monde des fintechs devenus une menace avérée.
Over the last three years, A&M has done a comprehensive study of the profitability analysis of retail banks in France, which confirms that the economic model is under pressure, accentuated by the effects of the Covid crisis. This study is based on the 2020 results of French retail banks (Crédit Agricole, Caisse d’Epargne, Banques Populaires, Crédit Mutuel, Société Générale, BNP Paribas, LCL).
Alvarez & Marsal conduit depuis 3 ans une étude complète de l’analyse de la rentabilité des banques de détail en France, qui confirme que le modèle économique est sous pression, accentué par les effets de la crise Covid Cette étude s’appuie sur les résultats 2020 des banques de détail françaises* (* Crédit Agricole, Caisse d’Epargne, Banques Populaires, Crédit Mutuel, Société Générale, BNP Paribas, LCL).
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