Published on 27/09/2016

Societe Generale Global Transaction Banking appoints new head of cash clearing services

Societe Generale Global Transaction Banking (SG GTB) has appointed Jean-François Mazure as Head of cash clearing services. He replaces Emmanuel de Bouard who has decided to retire in the coming weeks. Based in Paris, Jean-François reports to Benoît Desserre, Head of global transaction banking.

Previously co-head of cash clearing services, Jean-François Mazure will pursue the strategic development of the correspondent banking business globally and will actively represent Societe Generale in key interbank organizations.

With an international network of more than 50 countries across 5 continents, SG GTB has gained a leading position in correspondent banking worldwide and provides a broad range of cash clearing services, processing international transactions for more than 1,000 banks and financial institutions.

“Jean-François’ experience in the Societe Generale group, and more recently as co-head of cash clearing services alongside Emmanuel de Bouard, will play an important role in developing our correspondent banking activities internationally in line with our clients’ needs,” states Benoit Desserre. “Our ambition is to offer financial institutions a wide range of commercial banking services so they can get the most value from our product expertise, our global network and our in-depth knowledge of local markets.”

A graduate of the ESCEM Tours business school and the University of Ottowa, Jean-François Mazure joined Societe Generale in 1993. He held several managerial positions in the French retail network, primarily working with SME and large corporate clients. In 2011, he was appointed Senior Banker for a portfolio of key agribusiness corporate clients, mainly in the French cooperative sector. In November 2015, he became co-head of Cash Clearing Services, one of the four global business lines within SG GTB.