Xavier Rolet
Encyclopedia
Early life and career
Rolet was born in Aix-les-BainsAix-les-Bains
Aix-les-Bains is a commune in the Savoie department in the Rhône-Alpes region in south-eastern France.It is situated on the shore of Lac du Bourget, by rail north of Chambéry.-Geography:...
, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
. He is the eldest of three children born to military parents. His early life was spent in Algeria
Algeria
Algeria , officially the People's Democratic Republic of Algeria , also formally referred to as the Democratic and Popular Republic of Algeria, is a country in the Maghreb region of Northwest Africa with Algiers as its capital.In terms of land area, it is the largest country in Africa and the Arab...
and France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
. He served as a second lieutenant and an Instructor at the French Air Force Academy and earned an MBA from Columbia Business School
Columbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
in 1984. He also earned a post-graduate degree from IHEDN (Institute of Advanced National Defense Studies) in Paris, in April 2008
From 1984-1994, Rolet worked at Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
in New York and London. At Goldman, he started on the international arbitrage desk. He then joined Credit Suisse First Boston
Credit Suisse First Boston
Credit Suisse First Boston was the former name of the banking firm Credit Suisse.-History:In 1978, Credit Suisse and First Boston Corporation formed a London-based 50-50 investment banking joint venture called the Financière Crédit Suisse-First Boston...
as Global Head of European Equities in 1994, working there till 1996. After that,Rolet worked at Dresdner Kleinwort Benson from 1997-2000 as Global Head of Risk and Trading. He then worked at Lehman Brothers
Lehman Brothers
Lehman Brothers Holdings Inc. was a global financial services firm. Before declaring bankruptcy in 2008, Lehman was the fourth largest investment bank in the USA , doing business in investment banking, equity and fixed-income sales and trading Lehman Brothers Holdings Inc. (former NYSE ticker...
from 2000–2008, in New York, as co-head of global equity trading, and in London, as head of European and Asian equities, and Paris, as CEO of Lehman in France. He joined the Board of the London Stock Exchange in March 2009, and became CEO in May.
Personal
He competed successfully in several editions of the Dakar RallyDakar Rally
The Dakar Rally is an annual rally raid type of off-road automobile race, organised by the Amaury Sport Organisation...
, finishing 82nd in the 2009 edition with co-pilot Jean-Louis Juchault.
He is a member of the Board of Overseers of Columbia Business School.