Societe Generale Global Transaction Banking reinforces development strategy in the UK
Published: May 16, 2017
To strengthen its presence in the country, Societe Generale Global Transaction Banking (SG GTB) has appointed Eric Bayle as Head of Global Transaction Banking in the UK.
Previously Head of Payments & Cash Management in the UK, Eric Bayle’s main responsibilities will be to further develop Societe Generale’s transaction banking services in the country, offering non-banking financial institutions and corporates a wide range of banking services to optimise and manage their daily financial transactions and commercial operations. Services available to a domestic and international client base in the UK include cash management and payment services, trade finance and factoring.
In addition, Merel Josseaud is appointed Head of Trade Finance in the UK. Reporting to Eric Bayle, she will be responsible for expanding Societe Generale’s trade and import/export finance offering for clients based in the UK and the Nordics, covering Denmark, Finland, Iceland, Norway and Sweden. International trade finance products such as letters of credit and international trade guarantees will be available, as well as bespoke structured solutions.
Both appointments are based in London and effective immediately.
“The UK represents an important location in our global network,” confirms Benoît Desserre, Global Head of Global Transaction Banking. “With Eric’s leadership, our aim is to further expand our local client base by combining experience, know-how and innovative capabilities with our international expertise as a major banking group.”
Active in more than 50 countries with over 20 years’ experience, SG GTB offers a wide range of commercial banking services for non-banking financial institutions and corporates, including multinational corporations as well as large- and medium-size companies, who conduct business internationally.