Societe Generale, a global financial services company, has announced the appointment of Antoine Toussaint as chief country officer and CEO of Societe Generale SAR, its CMA licensed subsidiary in Saudi Arabia.

Based in Riyadh, Toussaint reports to Richad Soundardjee, Societe Generale’s chief executive officer in the Middle East.

“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,” said Soundardjee. “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.”

Societe Generale has had a subsidiary in Saudi Arabia since 2010. The entity of the group in the Kingdom offers services under the Arranging and Advising licenses granted by the Capital Market Authority.

Toussaint has been working for Societe Generale for more than two decades. He has held various senior positions in France, Lebanon and Serbia and was most recently Group country head & CEO in Bulgaria. Toussaint holds a Masters degree from Institut de Préparation à l’Administration et la Gestion (IPAG – Paris). – TradeArabia News Service