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New appointment

SGSS appoints Jochen Meyers as Managing Director for Sales & Relationship Management, Germany and Austria

Societe Generale Securities Services (SGSS) has appointed Jochen Meyers as Managing Director for Sales & Relationship Management in Germany and Austria. He will report to Mathieu Maurier, Global Head of Sales and Relationship Management.

Jochen Meyers has over 16 years experience in the German securities services industry. He will be responsible for pursuing SGSS' outstanding growth and commercial development strategy in Germany and Austria, accompanying asset managers, insurance companies, corporates and institutional investors in their growth and development in an increasingly complex operational and regulatory environment.

SGSS' clients in Germany benefit from a comprehensive and efficient range of securities services, including clearing services,  custody and trustee services (depotbank), fund administration and asset servicing, Master-KAG* and insourcing services, liquidity management and fund distribution services, as well as global issuer services.  These services allow clients to focus on their core business, supported by SGSS' state-of-the-art front-to-back solutions and a highly experienced and dedicated team.

A leading services provider in the German market, SGSS Deutschland (KAG) mbH, headed by Frédéric Barroyer, SGSS Country Manager for Germany, has doubled since 2007, the volume of funds under administration to 69 billion euros (at 30/06/2011), with 562 funds administered (at 30/06/2011) on behalf of various well-known top ten DAX companies and asset managers.

* Master-KAG:Centralisation of all assets of an institutional investor into legal vehicles (Spezialfonds) administered by one German Investment Company (KAG) in order to centralise and streamline accounting, reporting and risk management.

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Jochen Meyers has an MBA in International Business Administration from the Netherlands Institute for MBA Studies, Utrecht. After 2 years with Mannesmann Demag AG, in 1997 Jochen Meyers became Sales Manager and later Head of Sales and Relationship Management for Multi Direct Custody and Clearing products at BNP Paribas Securities Services. In 2001 he joined the Bank of New York (Mellon) in Frankfurt, where he held various client facing and management positions. At the beginning of 2009 he became Head of Relationship Management and a year later was promoted to Head of Business Development at BNY Mellon Asset Servicing Germany.

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