On the move news
Desserre takes helm of Société Générale GTB
enoît Desserre has been appointed global head of global transaction banking (GTB) and deputy head of transaction and payment services (GTPS) at Société Générale, replacing Christian Berhaghel, who has retired. In his new role, Desserre will continue SocGen’s GTB development. He will directly oversee corporate cash management, cash clearing/ correspondent banking, trade finance and factoring, with the support of the bank’s international network. He will report to Pascal Augé, head of GTPS. Desserre joined the Société Générale group in 1989. In
Benoît Desserre replaces Christian Berhaghel, who has retired. 1991, he moved to New York and then Dallas as senior relationship manager for large US corporates, before returning to Paris in 1995 to join and promote the international commodity finance department. He then took on the role of director of commodities and trade finance in Australia. In late 2003, he joined the French retail banking branch and in 2013, joined GTB as
Benoît Desserre, Société Générale
head of payments and cash management. He is replaced in that position by Aurélien Viry. Viry has been at SocGen since 1990. Since 2011, he has been a member of the management committee in charge of risk at Komercni banka, the bank’s subsidiary in the Czech Republic.
Willis Towers Watson boosts Asia team
illis Towers Watson has bolstered its Asian team with two senior appointments. The risk management, advisory and insurance brokerage has named Patricia Pang as executive director, financial services in Hong Kong. Within this role, she will be product leader for North Asia, focusing on credit, receivables and supply chain finance. Pang joins from Euler Hermes, where she was a business development manager in Hong Kong. Prior to this, she worked at the Hong Kong Export Credit Insurance Corporation for six years. Kirk Lee has joined at the same level, but will be responsible for regional financial institutions, based in Singapore. His role will focus on trade credit for regional financial institutions. He joins from Standard Chartered, where he worked in the trade and credit insurance unit of the transaction banking
“Global growth worries are likely to put pressure on Asia Pacific corporates.” Stuart Ashworth, Willis Towers Watson Kirk Lee, Willis Towers Watson
department. He has also worked as a credit and political risk insurance broker for Arthur J Gallagher and HSBC Insurance Brokers, as well as at Euler Hermes and QBE. Both will report to Stuart Ashworth, managing director of financial solutions, Asia Pacific, who says: “These are new positions that reflect our ongoing commitment to this high-growth region. Global growth worries and a rising US dollar are likely to put pressure on corporates and supply chains in Asia Pacific, and we believe our clients will benefit from enhanced, on-the-ground, credit risk expertise.”
Patricia Pang, Willis Towers Watson
He adds: “Willis Towers Watson recognises that its clients are under increasing pressure globally to grow their businesses in the face of constantly changing regulatory and capital requirements. These additional senior resources in the region will allow our clients to maximise their capital and manage their risks.”
Rebecca Mackenzie has joined Trade Finance Solutions as senior credit director at its London head office. Mackenzie has a strong track record in alternative financing and has previously worked at PNC Financial Services, Société Générale, Landsbanki Commercial Finance and Westpac Institutional Bank. At PNC, Mackenzie was a senior member of the deal team and worked with assetbased lending to refinance and fund acquisitions of UK SMEs across a range of industries, providing facilities for UK-US crossborder transactions.
Jamie Chambers has been appointed country manager for Hong Kong at XL Catlin. Chambers assumes the role in addition to his duties as regional product leader for Asia Pacific in the field of aerospace insurance. He joined Catlin, as it was then known, in 2005 before which he worked at Ortac Underwriting Agency in the UK as an aviation underwriter. He reports to Craig Langham, XL Catlin’s CEO for Asia Pacific insurance. The move came a week after XL Catlin announced the acquisition of Brooklyn Underwriting in Australia. Brooklyn is a Lloyds approved cover-holder and the acquisition will allow XL Catlin to expand its offering in Asia Pacific. The firm will continue to operate under the Brooklyn brand, but will be a wholly-owned subsidiary of XL Catlin. The deal is expected to close in the final quarter of 2016.
November/December 2016 | 5