Need assistance in financial industry ?

Why Not Consulting ?
Discover who we areContact us

Expert

What We Do

Remediation & Transformation

I provide expert support in remediation and transformation projects, helping organisations streamline operations and meet regulatory expectations with efficiency and clarity.

 

Implementation & Setup

With deep experience in the Fund Industry, I assist clients in the full startup cycle – whether establishing new funds, setting up a GP, or launching service activities. Build on extensive expertise, I can provide guidance on structure definition and service provider selection. 

Independent Non-Executive Director INED

I offer independent directorship, bringing seasoned oversight, strong governance, and a commitment to integrity to every mandate, with over 40 years experience in the Fund Industry.

Technology & Fintech

I support FinTech companies in positioning their products in the market by leveraging my industry knowledge, regulatory insight, and extensive network, while guiding them in refining and strengthening their strategic direction.

Over 40 years of experience in setting Financial Institutions

With more than three decades of leadership experience across the Fund Industry, Banking and strategic transformation, I bring a proven track record of delivering measurable impact, driving regulatory remediation, and reshaping operating models in complex, highly regulated environments. My career spans senior executive roles in Luxembourg, Ireland, Italy and across Continental Europe, large-scale change programmes, and business expansion.

As Head of Depositary Services and Conducting Officer at Alter Domus, I delivered a full remediation programme following a CSSF inspection, restructured the governance framework, optimising operational efficiency, and tripled revenues within threes years while achieving strong contribution margin. Previously, as Head of Depositary Bank at CBP Quilvest, I let another complete remediation and transformation process, strengthening the control framework and aligning the team with regulators expectations while identifying and developing new commercial opportunities.

At Bank of New York, I held dual responsibilities as Deputy General Manager and Head of Business Change Management for Continental Europe, contributing to the Group’s major strategic initiatives, including the redesign of the Luxembourg banking model, cross-border merger, Brexit restructuring, and doubling local revenues over five years. I also managed multi-country project teams, integrating operations across acquisitions, and driving efficiency, risk control, and regulatory changes.

Earlier in my career, I successfully led global corporate development initiatives at RBC Dexia, designing market-entry strategies, conducting major due diligence processes, and delivering a highly successful group-wide offshoring programme generating substantial savings. I also built and managed Greenfield fund service operations in Italy and Ireland, holding multiple non-executive directorships.

Today I leverage this extensive experience to support organisations in remediation, transformation, fund setup, operational strategy, and governance, while guiding FinTechs in market positioning and business strategy with strong industry insight and network reach.

Why Not

{

“I collaborated with Marco Mondaini in the context of his responsibilities within the AIFM Depositary function. I always appreciated his professionalism, the clarity of his communication, and his structured approach to complex topics. Marco consistently demonstrated an ability to quickly assess key issues and propose pragmatic solution. Our interactions were always efficient and constructive."

François Daloze

Conducting Officer & Managing Director – Alter Domus Alternative Asset Fund Administration 

“Marco Mondaini brings a pragmatic, no-nonsense approach to every challenge and is relentlessly focused on implementation. He doesn't just talk about solutions - he makes them happen."

David Claus

Chief Executive Officer, Edmond de Rothschild Asset Management Luxembourg

“I had the pleasure of working with Marco, founder of Why Not Consulting, on a governance and process optimization project within a Luxembourg financial institution. I particularly appreciated his deep expertise in the Depositary business and his broad understanding of the Luxembourg financial sector. His seniority and openness to innovative approaches were key to the project's success, combining regulatory rigour with operational pragmatism. Marco's business sense, transparency, and collaborative spirit make him a highly competent and trustworthy partner."

David Recchia

Managing Partner – REVEALS

Success

Client Categories

Banks / Depositaries

Funds

FinTech

Professional Service Providers

Industry News

Contact

Get in Touch

Location

Grand-Duchy of Luxembourg

By Phone

+352 621 237 292

By Email

contact@whynotconsulting.lu

Cookies Policy

Privacy Policy