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SGCIB Expands Fixed Income Division

SG Corporate & Investment Banking has expanded its newly restructured fixed income distribution and trading group with four new appointments. The division spans fixed income, currencies and commodities with a focus on investors.


Frederic Desclaux has been appointed head of distribution and trading. He was previously the global head of fixed income and derivatives for the bank before the division was restructured in January this year.


Desclaux has been with the bank since 1991, when he joined as an equity derivatives structurer. He subsequently held a number of senior positions, including head of structured retail products sales, head of interest rate derivatives sales for Europe, head of fixed income, Tokyo, and head of institutional investor fixed income and derivatives sales.


Rodolphe Sahel, who was deputy head of fixed income and derivatives at SGIB, has been appointed as deputy head to Desclaux.


Raphael Geys will head up the European financial institutions distribution team covering both credit and interest rates & FX distribution. Geys was head of European fixed income sales for financial institutions at SGCIB prior to this appointment. Previously, Geys worked at UBS in the fixed income and rates distribution division.


Serge Topolanski will head the European trading teams, which now groups cash and derivatives products in FX, interest rates and credit together. Topolanski was previously deputy head of Europe and Asia for global FX activities at SGCIB.


Claude Piana will head the distribution of these products to small and medium sized companies through Societe Generale’s retail networks. Piana was head of SME sales for France prior to this.


“The restructured distribution and trading group will offer a closer integrated products approach for our clients in Europe but also outside Europe via both voice and electronic channels. The integration of the loan and foreign exchange products into our fixed income set-up brings together the whole range of services into one team,” says Desclaux.

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