SGSS appoints a new CEO in Germany
Societe Generale Securities Services (SGSS) has appointed Pascal Jacquemin as SGSS Deutschland KAG* CEO and Country Head for SGSS in Germany.
Based in Munich, he reports to Bruno Prigent, Global Head of SGSS and replaces Frédéric Barroyer, who will pursue other responsibilities within SGSS. The appointment of Pascal Jacquemin has been effective since 1 September 2014.
Pascal Jacquemin will be responsible for overseeing the development of SGSS’ broad range of securities services in Germany. As a key partner with clients, SGSS will continue to deliver operational efficiencies and new business opportunities as the industry continues to evolve in response to regulatory and structural changes.
“Germany is a strategic country for the development of SGSS. With his extensive experience in the securities services industry, Pascal Jacquemin will play an important role in leading our business development efforts in the country,” says Bruno Prigent, Global Head of SGSS. “We plan to progressively develop and extend our securities services offering in Germany and initiatives will include investing in market-driven value-added services for our clients and further developing the custody arm of our fully integrated pan-European platform.”
SGSS in Germany has over 50 years of experience in providing products and services to a client base of institutional investors, asset managers, insurance companies, corporates and alternative investment managers. Clients benefit from a comprehensive and efficient range of securities services, including fund administration (Master-KVG and insourcing services), asset servicing, clearing services, custody and trustee services (depotbank), liquidity management and fund distribution services, as well as global issuer services.
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Pascal Jacquemin joined Societe Generale Securities Services at the start of his career in 1998. He worked on various projects and implemented a custody system in Paris and New York. He then moved on to coordinate SGSS’ international business units in Greece, South Africa, Poland, Spain and Ireland. In 2004, he was appointed Head of Operations at Geniki Bank, a former Societe Generale subsidiary, in Greece. He was then appointed Executive Director and Head of Operations for SGSS in Mumbai, India in 2008, where he coordinated SGSS’ joint venture for custody and fund administration services with the State Bank of India. In 2010, Pascal was appointed Deputy Head of the International Department for SGSS and was based in Paris.
Pascal Jacquemin holds a degree in Business from the Ecole Supérieure de Commerce in Bordeaux and a Masters Degree in Banking, Finance and Accounting from Université Montesquieu in Bordeaux.
* KAG or “Kapitalanlagegesellschaft” is a German Investment Company