Chief Executive Officer of Corporate and Investment Banking

Born in 1954
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Educational background:
Graduate of the Institute of Business Administration of Sorbonne University, Paris
Career summary:
• 2008: Head of Societe Generale Corporate & Investment Banking
• 2007: Member of the Board of Bear Stearns
• 2006: Chief Executive Officer of Bear Stearns for Europe and Asia
• 2004: Chairman of Bear Stearns International
• 2000: Head of Fixed Income & Derivatives for Europe and Asia at Bear Stearns
• 1998: Head of Fixed Income at Paribas then BNP Paribas (in 1999)
• 1996: Head of Paribas' Derivatives activities
• 1980: creation and development of Paribas' Derivatives Department
"Corporate and Investment Banking, which recorded an excellent operational performance in 2009, has solid commercial franchises for 2010.
Equity derivative activities confirmed their leadership, while fixed income, currencies and commodities activities increased their market share. The Financing and Advisory businesses were also widely recognised by the market (Best Export Finance Arranger for the 8th year running according to Trade Finance, ranked 4th for Euro bond issues and No. 4 for announced M&A deals in France) and Lyxor confirmed its position as a major player in alternative investment management.
In addition, Corporate and Investment Banking’s risk profile was reduced and legacy assets were unified at the end of 2009 within a dedicated structure with a specific governance system.
In 2010, Societe Generale Corporate & Investment Banking will continue to strengthen its client-driven activities, particularly by optimizing the strategic coverage of its largest clients. The Group will also continue with its targeted development, particularly in the advisory, fixed income and commodities businesses. At the same time, SG CIB will move ahead with its operational efficiency optimisation programme through the “Resolution” project, and will maintain strict risk control."