"I am pleased to inform you that the Appointing Authority gives you its approval to carry out this activity, as described in your request".
Monod de Froideville was a member of Competition Commissioner Neelie Kroes’ cabinet where he advised on mergers and acquisitions in the financial services and health-related markets. He now works for Interel whose clients include many in the finance and health sectors including: ABI - Association of British Insurers, Bank of America, Bupa, GSK and Mundipharma.
The managing director of Interel’s Brussels office has praised Monod de Froideville’s “strong network within the EU institutions” and called him a “tremendous asset to our clients”.
ALTER-EU has now submitted a complaint to the Commission about how this revolving door case was handled.
More information is available in the ALTER-EU report: Block the revolving door - why we need to stop EU officials becoming lobbyists: http://www.alter-eu.org/revolving-doors
"CEO considers that the Commission should have imposed a cooling off period or ban for two years on the acceptance of this job. There is a direct link between Mr Monod de Froideville's responsibilities at DG Competition and his new role at Interel which should have been subject to regulation".