Societe Generale Securities Services (SGSS) has established a new executive committee responsible for strategy and development. The company said the new client focused governing body was created to continue to meet institutional investors requirements for more extensive, multi-product and multi-country services.
The board will be headed by Bruno Prigent, the global head of SGSS, and composed of six members, who, in addition to their current positions, oversee specific activities in four key areas: clients, client operations, transformation and support functions.
Massimo Cotella, CEO of SGSS Italy, is responsible for the client area. He supervises sales and marketing activities, as well as SGSS Liquidity Management services (securities lending, treasury, foreign exchange). He will develop new client solutions in these areas.
Pascal Berichel, currently head of Fund Distribution Services, supervises the overall Fund Services unit and has joint responsibility for client operations with Didier Rolland. Rolland, previously global head of Client and Business Support within the Corporate and Investment Banks Operations Department, supervises clearing, custody services and issuer services of SGSS. Both Berichel and Rolland are responsible for reinforcing transversal management and synergies among the SGSS operational activities and ensuring multi-products in multiple countries.
With responsibility for transformation, Jean Cadroy, currently head of Information Technology, also supervises the transformation of the business in an evolving regulatory context.
Jean-Claude Martinez, currently chief administrative Officer, supervises SGSS support functions, as well as S2E, Societe Generales joint venture for employee savings plans.
(JDC)