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SG Private Banking appoints Head of Near East and Mediterranean
- United Arab Emirates: Wednesday, June 27 - 2007 at 15:28
- PRESS RELEASE
SG Private Banking Middle East has appointed François Farjallah as Head of the Near East and Mediterranean.
An Executive MBA graduate from Carnegie Mellon University, François Farjallah spent the last
9 years with Credit Suisse, most recently heading its presence in the Levant countries.
Prior to this, he was a Senior Private Banker with Credit Suisse in Geneva. SG Private Banking, which is in the process of developing a Dubai hub, will benefit from his extensive business and managerial experience in the wide Middle East area.
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Société Générale GroupSociété Générale is one of the largest financial services groups in the euro-zone. The Group employs 120,000 people worldwide in three key businesses:
-Retail Banking & Financial Services: Société Générale serves more than 22,8 million individual customers worldwide.
-Global Investment Management & Services: Société Générale is one of the largest banks in the euro-zone in terms of assets under custody (EUR 2 448 billion, March 2007) and under management (EUR 441.4 billion, March 2007).
-Corporate & Investment Banking: Société Générale ranks among the leading banks worldwide in euro capital markets, derivatives and structured finance.
Société Générale is included in the five major socially-responsible investment indexes.
SG Private Banking
SG Private Banking, with offices in 23 countries, mainly in Europe and Asia, ranks among the top 15 players worldwide (Euromoney 2007). Thanks to the expertise of its teams specialising in asset engineering and asset allocation, SG Private Banking provides customised solutions to clients with financial assets in excess of one million euros through a broad range of sophisticated products and services, based on the principle of open architecture.
SG Private Banking's professionalism has earned it a number of awards. In particular, it was elected 'Best worldwide private bank for structured products' (Euromoney 2005, 2006, and 2007). It was also named 'Best private bank in
France and Luxembourg' (Euromoney 2007).
The business, which was created in 1997, has experienced rapid development and now employs more than 2,400 people. SG Private Banking has EUR 70.2 billion euros in assets under management (31 March 2007).
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Jolyon BARTHORPE
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GIMS/COM
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Fax: +33 (0)1 56 37 28 88
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