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Societe Generale Securities Services strengthens its teams in India and Poland

Societe Generale Securities Services (SGSS) announces the following appointments:

David Jaegly has been appointed Deputy Managing Director of SBI-SG Global Securities Services Pvt Ltd. Previously Head of SGSS in Poland, he will be based in Mumbai and replaces Murali Narasimhan who will be taking up a new position within the bank. SBI-SG Global Securities Services Pvt Ltd is a joint venture between SGSS and the State Bank of India, the country’s leading public sector bank. The joint venture offers custody services, fund accounting & fund administration and risk analysis & performance measurement services to domestic investors and overseas investors such as global custodians or foreign institutional investors in the Indian securities market.

Cyril Tourneur replaces David Jaegly as Head of SGSS in Poland. He was previously Head of Clearing and Settlement Services for SGSS in Luxembourg. He will be responsible for further developing SGSS’ custody & trustee services and fund administration services in the country where it is a well established custodian and leader in derivatives clearing.

Both report to Philippe Huerre, Head of the International Department at SGSS, and their appointments are effective immediately.

“SGSS is committed to helping clients benefit from strong asset protection and servicing, as well as in-depth local market knowledge in emerging markets,” comments Philippe Huerre. “These appointments will play an important role in strengthening and expanding our service offering for domestic and international investors to support their operations and development in India and Poland.”