Middle East business information

France-based Société Générale has announced the appointment of Eddy Abramo as the new chief executive for its Middle East private banking business. Abramo will oversee the bank's expansion through its regional offices in Bahrain, Abu Dhabi and Dubai, focusing on both Arab and Indian clients. Eric Lorentz, formerly at JP Morgan and Citibank, was also named as managing director and global market manager for Arab high and ultra-high net worth clients.