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David Abitbol named head of Societe Generale Securities Services

SocGencropDavid Abitbol (pictured) has been named as the new head of Societe Generale Securities Services (SGSS) and will take up the post in January.

Abitbol was previously Societe Generale’s chief operating officer for the Asia Pacific region as well as serving as the chief executive of the firm’s Hong Kong branch.

He joined the bank in 1992 as an actuary before becoming head of financial studies and funding operations in its asset and liability management department.

Abitbol replaces Bruno Prigent, who will retire after 38 years at Societe Generale, 27 of which were with SGSS.

“The international experience of David Abitbol, his deep knowledge of financial markets and his expertise in post-trade operations will be key assets to pursue the development of our securities services business,” said Frédéric Oudéa, group chief executive.

“I sincerely thank Bruno Prigent for his long-standing commitment to Societe Generale group and his outstanding contribution to the development of Securities Services business for many years.”

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