Bio

Michael Madden is the Chairman of Teneo Capital and Teneo Restructuring. A successful entrepreneur with a passion for emerging economies, Mr. Madden has been actively involved in the Financial Services business in emerging markets for over nineteen years. He lived and worked in Russia for eight years, on two separate occasions. In 2003, he was the founding CEO of Renaissance Credit Group, establishing one of the largest Consumer Finance banks in Russia, with operations in over sixty regions in Russia and in the Ukraine. In 2005, he launched the first retail financial services joint venture with IKEA, forming IKANO, where he assumed the role of Chairman. When Michael exited the Renaissance Credit Group in 2007 it was independently valued at $500million. Mr. Madden's success has been built on inventive business intelligence, understanding of emerging economies and most importantly, the ability to engage with international partners and cross cultural teams.