Pablo Alonso

Managing Director
Leads the Financial Services Industry M&A team in EMEA
Has closed 50+ M&A transactions with an aggregated equity value of €100+ billion
20+ years of investment banking experience
Madrid
@alvarezmarsal
LinkedIn
Copied!
Pablo Alonso is a Managing Director with Alvarez & Marsal Financial Services Industry group in Madrid. He leads the Financial Services Industry M&A team in EMEA. Mr. Alonso brings over 20 years of investment banking experience and has closed 50+ M&A transactions with an aggregated equity value of more than €100 billion.

In banking, Mr. Alonso has recently worked on the €1.4 billion acquisition of minorities by BBVA of Garanti and the $11.5 billion acquisition of BBVA’s U.S. operations by PNC. Other notable transactions include the €13+ billion acquisitions of BBVA’s and Santander’s banking operations in the U.S., the €3.8 billion IPO of Criteria, the restructuring of Kaupthing Bank, the €16 billion restructuring of “la Caixa” that resulted in the creation of CaixaBank, the €1 billion acquisition of Abanca by Grupo Banesco, and the €1.1 billion disposal of Santander’s interest in WiZink. 

In insurance, Mr. Alonso recently worked on the €2.3 billion disposal of Liberty Mutual EMEA operations, the disposal of the leading Iberian insurance corporate broker MDS to Ardonagh Group, the €1.2 billion restructuring of the Bankia’s/CaixaBank’s bancassurance business, the €374 million creation of bancassurance JV between BBVA and Allianz, and the €1.5 billion listing of Linea Directa Aseguradora. Mr. Alonso’s other relevant insurance transactions include the €7.3 billion demutualization of Mapfre, the €1.2 billion acquisition of Adeslas by Criteria, the €1.2 billion acquisition of Codan’s minorities by RSA, the disposal of Fiba Sigorta to Sompo and the €1 billion unwind of Aviva’s bancassurance relations in Spain. 

Mr. Alonso also has relevant experience in financial services verticals including fintech, with transactions like the €1.9 billion disposal of Allfunds Bank and in debt servicing, with transactions like the €313 MM disposal of Aktua.

Prior to joining A&M, Mr. Alonso was a senior Managing Director with Bank of America FIG EMEA for 10 years. Previously, he worked for nine years in the FIG EMEA team of Morgan Stanley and one year in the FIG EMEA team of Deutsche Bank.

Mr. Alonso earned bachelor’s degrees in business administration and actuarial and financial sciences from Universidad Pontificia Comillas (ICADE).

Insights By This Professional

The new Managing Director joins from Credit Suisse to lead the firm’s FSI M&A offering in France and Benelux.
A&M also welcomes Director Franck Guilhem-Ducleon to its Paris office as the firm’s FSI practice continues its global growth.
Le nouveau Managing Director arrive de chez Credit Suisse pour prendre la tête de l'offre de fusions et acquisitions du secteur des services financiers (FSI) de la société en France et au Benelux.
A&M accueille également Franck Guilhem-Ducleon en tant que Directeur dans son bureau de Paris, alors que la pratique FSI de la société poursuit sa croissance mondiale.
• The move marks the firm’s completion of an end-to-end M&A offering for clients
• The senior hire brings more than 20 years of investment banking experience, having closed more than €100bn worth of M&A transactions
Latest insights The latest insights from Pablo Alonso's team
Thought Leadership
Olivier Maltese, Managing Director with A&M’s Corporate Transformation Services, recently joined a panel of experts at Intralinks’ Strategic Insights Summit in London to discuss the outlook for mergers and acquisitions (M&A) in 2023.
Contact me
FOLLOW & CONNECT WITH A&M