Lex Greensill

Alexander David "Lex" Greensill (born 29 December 1976 ) is an Australian former businessman best known for being the founder of Greensill Capital, a company focused on supply chain finance and derivative financial products that on 8 March 2021 filed for insolvency protection and faced legal scrutiny.

Biography

Greensill was born in Bundaberg, a city in Queensland, in 1976, to parents who owned a sugarcane and melon farm.

Before becoming a banker, he was a sugarcane farmer and was expected to enter his family's farming business. This began to change when he arrived in Britain in 2001. After four years he joined the American bank Morgan Stanley, and then Citigroup.

He founded Greensill Capital in November 2011,

Demise of Greensill Capital

In the early months of 2021 Greensill Capital was on the verge of bankruptcy. Several criminal complaints were filed against the German subsidiary of Greensill Capital.

In 2026, Greensill was prohibited from being a director of a company by the insolvency service for 9 years as a consequence of the Greensill scandal.

Awards

At the 2017 Birthday Honours of Elizabeth II, he was made a CBE (Commander of the Order of the British Empire) by Prince Charles,

Due to the legal scrutiny and financial difficulty faced by Greensill's firm in early 2021, Greensill is no longer a billionaire. Stemming from the collapse of the firm, he faces several lawsuits. Greensill and his family sold several million dollars' worth of shares in the company in 2019, more than two years before it collapsed. Despite having made the Financial Review 2020 Rich List, Greensill did not reach the threshold for inclusion on the 2021 Rich List.