Haffar Named Head of U.S. Loan Sales and Trading for Societe Generale Corporate & Investment Banking
NEW YORK, March 26 /PRNewswire/ -- Societe Generale Corporate & Investment Banking ("SG CIB") today announced the appointment of Naseem Haffar as its U.S. Head of Loan Sales and Trading. Mr. Haffar, a senior financial executive with extensive experience selling credit instruments, joins the firm following more than 10 years with JP Morgan Securities, most recently as Managing Director Credit Sales.
Mr. Haffar, who has a strong track record building client relationships with hedge funds, institutional investors, CLO managers and commercial banks and who is known for generating creative investment ideas for clients, will lead SG CIB's sales and trading efforts in the U.S. as the firm continues to expand its debt platform in the region.
Mr. Haffar is among several key appointments the firm has made recently to its U.S. business connected to major initiatives underway including the creation of a U.S. dollar franchise and expansion of the bank's credit, rates and FX activities in the U.S.
Mr. Haffar will be located in New York and will report regionally to Arnaud Achour, Head of Capital Markets & Syndicate for the Americas and to Alvaro Huete and Ghislain de Brondeau, Global Co-heads of Syndicate and Loan Sales & Trading.
Mr. Haffar has an MBA from Columbia University.
Societe Generale
Societe Generale is one of the largest financial services groups in the euro-zone. The Group employs 157,000 people worldwide in three key businesses:
- Retail Banking, Specialised Financing & Insurance: Societe Generale serves more than 32 million individual customers worldwide.
- Private Banking, Global Investment Management & Services: Societe Generale is one of the largest banks in the euro-zone in terms of assets under custody (EUR 3,073 billion, December 2009) and under management (EUR 344 billion, December 2009).
- Corporate & Investment Banking: Societe Generale tailors solutions for its clients across sectors by capitalising on its worldwide expertise in investment banking, global finance, and global markets.
Societe Generale is included in the socially-responsible investment indexes: FTSE4Good and ASPI. In 2010, the title of SAM Sector Mover was awarded to Societe Generale.
Societe Generale Corporate & Investment Banking
At the core of Societe Generale's universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with nearly 11, 000 professionals present in 33 countries across Europe, the Americas and Asia-Pacific.
Standing by its clients across sectors, the Corporate & Investment Bank tailors solutions for them by capitalising on its worldwide expertise in investment banking, global finance, and global markets.
- For Corporates, Financial Institutions and public sector: providing a global advisory approach (M&A, debt, equity transaction, capital structure, and asset & liability management), as well as quality capital raising solutions across the debt and equity spectrum, optimised financing and expert risk management responses notably in the realm of foreign exchange and rates derivatives.
- For investors: offering reliable and sound investment opportunities and risk management solutions through its integrated global markets platform delivering seamless access to markets (equity, rates, credit, currencies, commodities and derivatives), as well as advice and solid financial engineering, quality of execution and forward-looking research across asset classes.
SOURCE Societe Generale
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