User:Rob Stanicic/sandbox

Marcia Elizabeth Christian Favale is the Chairperson, CEO and founder of Blingby, an entertainment and e-commerce company headquartered in New York City. Ms. Favale is also an Independent Board Member of the exchange listed DBK and former Senior Advisor to the Prime Minister of Kazakhstan (2009-2013) for matters related to the financial, oil and mining sectors. Ms. Favale is renowned for the successful Burden-Sharing bank restructuring program in Kazakhstan that is now a case study published by the University of Oxford (Ansar, Atif and Ariell Ahearn (25 May 2015); Banking Sector Restructuring Program in Kazakhstan- BTA Bank JSC; SSRN-id2611056. Ms Favale also credited for the creation of the novel privatization program - 'The People’s IPO in Kazakhstan'.

Early life and education
Marcia Elizabeth Christian Favale was born in New York and raised in the United States and Brazil. Ms. Favale is a graduate of New York University where she earned a Bachelor of Arts in Political Science (Cum Laude), and University of Oxford where she earned a MBA and a Post-Graduate Diploma (PDG) in Financial Strategy. She is a member of St Cross College and Merton College, University of Oxford, and is affiliated with the Major Programme Management program at University of Oxford.

Early career
Ms. Favale started her career at Bankers Trust as an Analyst on the M&A team (Japan securities), later joining the Latin America merchant banking effort. For Merrill Lynch, Ms. Favale was a member of its High Yield division. For UBS, Ms. Favale was the Managing Director, Head of CEEMEA and LATAM corporate bond research, and a senior member of UBS’s global credit fixed-income research group.

In 2006, the Institutional Investor Magazine recognized Ms. Favale as the Outstanding Analyst of the Year for Emerging Markets Corporates (Top EM corporate analyst).

Ms. Favale held other positions as a Senior Portfolio Manager of global emerging market corporates for hedge fund, Brevan Howard, and as a Managing Director, Portfolio Manager, and Senior member of the Advent Capital asset manager investment team, focusing on emerging market credit, equity, and special situations.

People’s IPO Programme, Kazakhstan
In 2009, Ms. Favale was appointed as the Senior Advisor to the Prime Minister of Kazakhstan for matters related to the financial, oil, and mining sectors.

Between 2010 and 2011, Ms. Favale devised and implemented the ‘People's IPO Programme’ on behalf of the Prime Minister of Kazakhstan. The programme created a conduit of wealth for the people of Kazakhstan, aiding in the development of a middle class whilst creating a more developed domestic capital market. Ms. Favale led the Steering Committee responsible its implementation.

Burden-Sharing’ restructuring framework, Kazakhstan
Ms. Favale was appointed as the Independent Restructuring Advisor to BTA Bank, Alliance bank, and Astana Finance, and advised the sovereign wealth fund Samruk-Kazyna on Temir Bank. Ms. Favale is credited with devising the ‘Burden-Sharing’ bank restructuring strategy and in orchestrating its successful implementation. She also advised BTA Bank on its successful 2nd restructuring (2012).

The Kazakh bank restructurings are now viewed as international benchmarks, with BTA Bank being the largest and first ever successful bail-in restructuring. In addition to determining the strategy, Ms. Favale led the negotiations with the Steering Committees of Creditors, representing all debt classes from trade finance, commercial loans, and hedge fund exposures, Ms. Favale led the internal turn-around and restructuring strategy, helping build and implement the business strategy of each bank. As part of the restructuring success, Ms. Favale re-defined trade finance by introducing the concept of 'True Trade Finance'.

In 2010, Euromoney Magazine ranked M.Favale-Tarter, LLC alongside UBS and Lazard with the CEE 'Deal of the Year' -BTA Bank restructuring. Institute of International Finance (2010) wrote a report about the Kazakhstan Bank Restructuring noting the distinctive and defining role of the Independent Advisors. Ms. Favale has received numerous awards including the 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.

Blingby
In 2014, Ms. Favale (Chairperson, CEO, and Visionary) founded Blingby with Robert Stanicic (Blingby’s COO and Digital Strategist), who met at the University of Oxford in England. Blingby is an e-commerce platform that streams music videos while enabling users to see, share, or buy products and services inspired by the video. Blingby was launched in July 2015 and is available in over 135 countries.

Board Memberships
Worldwide Orphans Foundation (WWO)

Former member of the Advisory Board for Environmental Technology Solutions, LLC (ETS)