(Source: Middle East Company News)

SG Private Banking, the wealth management arm of Societe Generale
Group, is reinforcing its presence in the Middle East by appointing
two new senior managers: Eddy Abramo as Chief Executive Officer of
SG Private Banking (Middle East) and Eric Lorentz as Managing
Director and Global Market Manager for Arab High and Ultra-High Net
Worth clients.
Media Contact:Societe Generale Private Banking (Middle
East)Vladka MervovaTel: 971-4-4257641FDManash BhuyanTel: 971-4-
3328832Societe Generale Societe Generale is one of the largest
financial services groups in the euro-zone. The Group employs
163,000 people worldwide in three key businesses:- Retail Banking &
Financial Services: Societe Generale serves more than 30m individual
customers worldwide.- Global Investment Management & Services:
Societe Generale is one of the largest banks in the euro-zone in
terms of assets under custody (EUR 2 906bn, June 2009) and under
management (EUR 333bn, June 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.SG
Private BankingSG Private Banking, the wealth management arm of
Societe Generale, is one of the leading private banks worldwide,
with EUR 71bn of assets under management at the end of June
2009.With 2,900 staff in 21 countries across the globe, SG Private
Banking offers wealth management solutions to entrepreneurs and High
Net Worth Individuals with financial assets in excess of 1m euros.
In addition, SG Private Banking provides dedicated solutions to
Ultra High Net Worth Individuals and Family Offices around the
world, notably through its global alliance with Rockefeller&Co.SG
Private Banking's offering includes international wealth planning
and fiduciary services (trust and tax planning), a global expertise
in structured products, hedge funds, mutual and private equity
funds, real estate investment solutions and access to capital
markets.In 2009, SG Private Banking was rewarded by Euromoney with
the titles of 'Best private bank worldwide and in Western Europe for
its offer in structured products' and 'Best Private Bank in Japan
and Luxembourg'. Among the top 3 private banks in Europe, it was
also named in 2009 'Outstanding Wealth Manager for Family office
services' with Rockefeller & Company by Private Banker
International.
(c) 2009 Middle East Company News. Provided by ProQuest LLC. All rights Reserved.
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