The bank has named new country heads for Switzerland and Japan.

Societe Generale has announced new country heads for Japan and Switzerland.

Raphael Cheminat is appointed group country head for Japan, with effect from 1 September 2016, subject to regulatory approval. He replaces Guillaume Burtschell who will take on a new role within the group, the Paris-listed bank said yesterday.

Hugues de la Marnierre is appointed group country head for Switzerland, with effect from 1 July, in addition to his existing roles as head of corporate and investment banking in Switzerland as well as senior banker covering Swiss financial institutions.
He replaces Yves Thieffry who has recently been appointed chairman of the boards of directors of Societe Generale Private Banking Switzerland, it said.

“Their objective will be to further develop Societe Generale’s activities in their respective countries, Switzerland and Japan being key markets for the bank, capitalising on the progression that has been made in previous years and fostering synergies across businesses to grow the client base,” it said.

Hugues de la Marnierre started his career in 1987 as a manager at PVO-AmOptions. In 1989, he headed up BNP dB 3A, an equity derivatives trading specialist then joined Natwest markets in 1991 as head of risk and derivatives. In 1993, he was appointed head of equity derivatives for the Americas at Crédit Lyonnais. He returned to London in 1997 as global coordinator for equity derivatives marketing at Paribas. In 2000, he became global head of sales at Commerzbank, before joining Natixis in February 2008 as global head of sales, fixed income, equity derivatives and institutional commodity derivatives, based in London. He joined Societe Generale in 2009 as global head of client management for global markets.

Cheminat has been chief country officer for Societe Generale in Korea since 2012.
He joined Societe Generale in 1998. In 2003, he moved to Bulgaria, where he was head of the inspection department. He relocated to Hong Kong in 2006 in the compliance department covering the global markets’ equity businesses. In 2009, Cheminat was appointed chief of staff to the chief executive in Asia Pacific.