Executive in Residence,
Duke Offshoring Research Network,
Financial Services Industry Senior Executive Roundtable
Phone: (980) 322-1130
Monaghan and Farese Consulting is a consulting partnership based in Charlotte, NC and Hilton Head, SC. The firm, founded in 2010, focuses on strategic consulting in the financial services and healthcare industries. The partners have over 70 years experience in managing complex organizations including 40 years in financial services. Specific areas of expertise include: Supply Chain Management; Outsourcing/Offshoring Governance; Risk Strategies; and Banking and Manufacturing M&A.
Monaghan has 38 years experience with Fortune 500 companies, consulting and entrepreneurial firms. Since 2010, he has advised a $1B Asian ITO provider developing and successfully implementing a North American market penetration plan in resulting in $27M in new revenues. The firm has also advised the largest Indian KPO provider increasing financial services revenue by 12%. In Supply Chain Management he has successfully managed two top financial institutions supply chain risk and rationalization strategies resulting in $50M+ of savings. Monaghan is presently an Executive in Residence to the Duke University Fuqua School of Business providing executive consulting to the Duke Offshoring Research Network (ORN) a financial services group.
Monaghan’s experience includes key executive leadership positions at Wells Fargo/Wachovia including serving as the Senior VP Group Executive for Supplier Management $8 B and head of Outsourcing/Offshoring Strategy and Governance. He also held the position of Senior VP Supplier Management and Outsourcing Risk Management. Monaghan was the Executive Managing Director of Supplier Management $3B and Outsourcing Risk Management at ALLY Bank. Monaghan had a successful 30 year career at AT&T serving in various leadership positions including Managing Partner/Vice President of Sales and Operation for AT&T Solutions; Division Manager of International Sales and Operations; and held consulting positions in various AT&T divisions including International and Data Systems.
Monaghan is a graduate of Bloomfield College and attended the MIT Cambridge Institute for Computer Science Executive Program and the Wharton School of Business Global Business Program. He is an Executive in Residence at the Duke University Fuqua School Of Business.