Socit Gnrale Corporate & Investment Banking announces a new management structure:
Michel Preti, CEO of Socit Gnrale Corporate & Investment Banking, will rely on a core Executive Committee comprising:
– Thierry Aulagnon, head of the Corporate, Institutions and Advisory division,- Christophe Miann, who is appointed head of the Global Equity and Derivatives
Solution division and of the Fixed Income, Currencies and Commodities division with immediate effect
– Jean-Luc Parer, head of the Capital Raising and Financing division,- a Chief Operating Officer, to be appointed- Slawomir Krupa, in his role as chief of staff, in charge of strategy
This core Committee will be complemented by an enlarged Executive Committee effective 31 March 2009 including:
– the members of the core Executive Committee,- the head of resources functions and heads of corporate functions (Accounting & Finance, Human Resources, Communication),- the regional heads (Americas, Asia-Pacific, Europe) whose role will be strengthened in terms of supervision of the corporate & investment bank locally,- key representatives from business lines.
In his new role, Christophe Miann will undertake a review of the possible regrouping of capital market activities with a view to strengthening client synergies and consolidating risk and resources management. This plan would be subject to consultation with worker councils.
Having successfully fulfilled his mission of reorganising and developing the Fixed Income, Currencies and Commodities division, Olivier Khayat will take new responsibilities within the Socit Gnrale Group.
Patrick Soulard, who has played a key role in boosting client franchises and developing the activity internationally, has decided to leave the Group to pursue other interests.
D.C.