Marcia Elizabeth Favale
Leader in Finance & Tech
"A Disrupter At Heart and Future Forward"
Named a Top Female Founder to Watch by Tech:NYC. Ms Favale created Blingby, to solve for frictionless digital communication by treating digital audiences as intelligent actors, with Blingby being a SBIR awardee and is a patented inventor. While still in Finance, during the financial crisis, Ms Favale challenged the status quo and created and implemented the Burden Sharing Restructuring Model that became an international benchmark and a case study taught at the University of Oxford, Said Business School with Ms Favale as the protagonist and her Advisory Firm being ranked alongside UBS and Lazard as CEE Restructuring Firm by Euromoney Magazine.
Ms Favale brings a world view to everything she does. Born in New York, she did her high school in Brazil, earning concurrently a teaching degree. She came back to the USA graduating from New York University (NYU), with a BA in Political Science. Having lived in London, Ms Favale went back to the UK for graduate studies at the University of Oxford (Said Business School) where she earned an EMBA, a Master in Science (MSc) in Major Program Management, and a PGD in Financial Strategy. She has certifications from MIT (AI, Blockchain, and Machine Learning) and Harvard Business School (Risk, Audit, and Making Corporate Boards More Efficient). Ms Favale lives in New York and speaks English, Portuguese and Spanish.
Career & Experience
“...there are two routes of achievement: conformity and originality…originality involves introducing and advancing an idea that’s relatively unusual with a particular domain, and that has the potential to improve it.” Adam Grant, Originals
Embrace Change. Evolve. Finance. Technology. Mentor and Lecturer
Ms Favale has an illustrious career in finance starting her career at Banker's Trust M&A team (Japan Securities). She later joined the Latin America Merchant Banking division. Following Banker’s Trust, Ms Favale went to Merrill Lynch, where she was part of the High Yield division. In 1998, Ms Favale joined UBS and became a Managing Director, Head of CEEMEA and LATAM (London and New York) corporate bond research, and a senior member of UBS’s global credit fixed-income research group. Her leadership responsibilities as a senior manager at UBS included being on UBS' Emerging Market Credit Committee, and the Emerging Market Steering Committee. In 2006, Ms Favale was ranked The Outstanding Analyst of the Year by Institutional Investor Magazine for Emerging Markets Corporates (Top EM corporate analyst).
Ms. Favale then took up the challenge of being a senior portfolio manager at Brevan Howard, managing a portfolio of global emerging market corporates and CEEMEA and LATAM equities and the subject matter expert on originating and running risk for credit intensive special situations. She later joined Advent Capital Management focused on emerging market credit, equity, and special situations. Ms Favale’s mandate was to launch a Global Emerging Market Fund.
Ms Favale then became the Senior Advisor to the Prime Minister of Kazakhstan (2009-2013) for matters related to the financial and banking, oil and mining sectors, including debt restructuring, privatization, mergers & acquisitions, capital market transactions, and foreign direct investment. In 2009-2010 Ms Favale devised and led the implementation of the Burden-Sharing Restructuring Framework that later served as a basis for further European Union restructuring discussions. This Framework established an international restructuring benchmark. During her tenure as Senior Advisor, Ms Favale devised a privatization program, ‘The People's IPO programme’ (2010-2011), on behalf of the Prime Minister of Kazakhstan. The aim of the programme was to create a conduit of wealth for the people of Kazakhstan, whilst creating a more developed domestic capital market. Ms. Favale led the Steering Committee that included the top global banks, law firms and audit firms, responsible for implementing and executing The People’s IPO. Ms Favale was part of the Investment Council of Kazakhstan and is the Chair of Kazakhstan public-private partnerships.
UNIVERSITY OF OXFORD, SAID BUSINESS SCHOOL
-
Ms Favale teaches on the MSc MMPM (Financial Markets Module) and is routinely a Guest Lecturer (private equity) at Said Business School (Oxford).
FEATURED IN ONLINE COURSES
-
(1) Authenticity for Women Leaders| Oxford Women's Leadership Development Programme
-
(2) Oxford Private Markets Investment Programme I Private Equity. Featured speaker in the
Interactive Video Technology
Blingby is a cutting-edge cloud based embeddable interactive technology that creates a fully customizable experience for your video, podcast, live-streaming, programmatic ads and more. Interactivity happens outside of the player creating frictionless engagement:
No disruptions, no overlays, no time-limited CTAs.
Phase 1 & 2 Awardee
Speaking Engagements
-
Masterbuilder Series Speaker, Said Business School, University of Oxford
-
Oxford, SAID Business School: Guest Lecturer, presented on impact policies and the effect on economic development.
-
Astana Forum: Led Round table Kazakhstan Economic Development and Media Interview on the Role & Impact of the Development Bank of Kazakhstan on the Economy.
-
Kazakhstan-United States Conference; Washington DC; U.S. Congressional participants; presented on the Kazakhstan Privatization Programme.
-
TEDx Southampton --Breaking Barriers, Empowering Women.
-
Harvard, Business School: Guest Speaker at the Finance Conference
-
Interview: TV Bloomberg and most recently on the Kazakh national TV, discussed the People’s IPO and economic impact of the programme.
Awards and Recognitions
-
Finance Monthly Magazine Deal Maker of the Year Award 2013.
-
Finance Monthly Magazine and Lawyer Monthly Magazine awards 2013.
-
CEE Deal of the Year-BTA Bank restructuring (February 2010); Euromoney Magazine.
-
Independent Restructuring 2013 Global Award, the Independent Restructuring ACQ 2013 & 2014 Award and recognized alongside Lazard, Houlihan Lokey and White & Case by Finance Monthly Magazine and Lawyer Monthly Magazine for the 2nd restructuring of BTA Bank.
-
Institute of International Finance (2010) wrote a report about the Kazakhstan Bank Restructuring noting the distinctive and defining role of the Independent Advisors.
-
The Outstanding Analyst of the Year (April 2006) by Institutional Investor Magazine for Emerging Markets Corporates.
-
TECH:NYC Named a female founder to watch
Board Of Directors, Advisory Boards, Councils, and Committees
Development Bank of Kazakhstan (DBK), Independent Board Member, Board of Directors
-
Chairwomen of the Strategy and Corporate Development Committee, Audit Committee and Risk Committee, and a Member of the Governance Committee. Led Technology Innovation within the Bank and presently leading the ESG effort.
Oxford University, Said Business School, Alumni Advisory Council (AAC) Member
Women in PropTech (U.S.), Advisory Board Member
U.S. National Small Business Administration (NSBA) Leadership Council & Small Business Technology Council (SBTC) Former Member
UBS Emerging Market Credit Committee & UBS Emerging Market Steering Committee (London, UK), Former Committee Member
KazahInvest, Former Independent Board Member, Board of Director
WaivCard - Australian FinTech Company, Former Independent Board Member, Board of Directors
Risk, Recovery, and Empowerment: The Kazakhstan Bank Restructure Case Study
In February 2009, trying to navigate the financial crisis, the government of Kazakhstan took a decisive step in restructuring its three banks. Kazakhstan rejected the bailout strategy and rejected a bad bank/good bank framework. Risk, Recovery, and Empowerment is a qualitative, investigative analysis, told by the author, a finance partitioner who devised and led the implementation of the over $30 billion Burden-Sharing Framework that became an international benchmark and redefined trade finance by introducing the term and analysis of 'true trade finance'.
David Carlucci,
NYS Senator
“Effective strategists always have the ability to set a vision, solve problems, and rise above prosaic matters ... What Favale accomplished is nothing short of brilliant.”
Pete Biolsi,
SVP at Bank of America
"... Marcia Favale demonstrates the power of one person’s innovation, knowledge, expedient strategy, and courage to go—literally and figuratively—where the masses are not going... When Marcia talks, listen.”
Anton Tabakh,
Chief Economist
"Marcia was one of the best counterparties, during my years on buy-side, at Alliance Capital. She had been able to catch trend changes and produce interesting investment ideas within EMEA universe... – giving her clients breadth of opinions and views – eventually translating in better research and trades."