SG, the investment banking arm of Societe Generale, has promoted Odd Haavik this week to head the fixed income and treasury products sales team in Singapore. The appointment came after Dennis Seah, formerly head of fixed income sales, and two of his subordinates left last week as a result of a "restructuring" of the company. Haavik was a director for derivatives and treasury sales before the promotion. Two of Haavik's staff also left.