Societe Generale has appointed Laurent Morel to head debt capital markets in the Asia-Pacific region, the French bank's corporate and investment banking (CIB) division said in a release on Monday.
Based in Hong Kong Laurent will report to Patrick Menard, global head of capital markets, and to Sadia Ricke, head of global finance in Asia Pacific. Demetrio Salorio heads SocGen CIB's global DCM platform.
The appointment, effective August 31, sees Laurent swap roles with Yves Jacob, who becomes senior banker in charge of the French bank's global relationship with international financial institutions, according to the release.
Morel joined Societe Generale in 1994 as a mid-cap relationship manager in the bank's French retail network, moving to New York in 1997 as a senior relationship manager for US units of European multinationals, according to a supplemental biographical summary provided by the bank to FinanceAsia.
Morel joined the debt capital markets team of SocGen CIB in Paris in 2001 and was named global head of DCM corporate organisation in 2007, the summary said.
Morel supervises SocGen CIB's regional DCM teams in Hong Kong, Singapore and Seoul, coordinating capital markets activities including rating advisory and acquisition finance.
SocGen was one of the bookrunners on China Petrochemical Corporation's (Sinopec) landmark $6.4 billion multi-tranche bond in April.
In the case of Asia ex-Japan G3 bond issuance, Societe Generale accounted for 1.6% of the market with 19 deals year-to-date, up from a 1% market share comprising 14 deals in the same period of 2014, according to data provider Dealogic.
In terms of transaction value, Asia-Pacific (ex Japan) DCM of $549.8 billion in the first half of this year marks a decline of 8% on the $600 billion issued in the first half of 2014, although still up on $528 billion in the same period in 2013, according to Dealogic.
