Societe Generale has named Antoine Toussaint as new chief country officer and CEO for its CMA licensed subsidiary in Saudi Arabia, Societe Generale SAR.
Based in Riyadh, Toussaint will reports to Societe Generale CEO in the Middle East Richad Soundardjee.
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The subsidiary, which was founded in 2010, offers services under the Arranging and Advising licenses granted by the Capital Market Authority.
Toussaint, who has been working with Societe Generale for over two decades, was most recently group country head & CEO in Bulgaria and also held several senior roles in France, Lebanon and Serbia.
Soundardjee said: "The appointment of a new chief country officer and CEO in Saudi Arabia is another milestone in adapting our regional set-up to the growth plan we are executing in the Middle East.
"Antoine has created and developed the bank’s franchises in several countries, and his international and business development experience is a great asset as we expand our activities in the Arab world’s largest economy."
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