Societe Generale (SG) has announced the appointment of Frank Drouet as head of Global Markets replacing Daniel Fields effective April 19.

 

Drouet reports to Didier Valet, head of Societe Generale Global Banking & Investor Solutions, and becomes member of the Societe Generale Management Committee. He is based in Paris.

 

"I would like to thank Daniel Fields for his long term commitment in developing our markets activities in a sometimes difficult financial environment. Daniel has contributed to significantly transform our platform during the last three years, adapting it to new regulations and developing our client franchises. Frank Drouet‘s international experience and strong understanding of global markets businesses as well as his success in expanding the Asian market platform as Head of Global Markets in Asia Pacific, will be key assets to pursue the adaptation and development of our market activities”, says Valet.

 

Drouet was previously head of Global Markets for Asia Pacific since January 2012. He joined SG in 1990, initially working in Basket Trading in Tokyo and then in Zurich as Equity Option Market Maker. He transferred to Paris in 1996 to take up the position of head of Warrants Trading.

He was appointed head of Derivatives Trading, Hong Kong in 1997, then moved to Tokyo as head of Equity Derivatives in Asia in 2003. From 2005, he took up the position of head of Volatility Trading Europe in the Equity Derivatives division based in Paris. He went back to Asia in 2007 as head of Equities & Derivatives based in Honk Kong, before becoming deputy head of Global Markets for Asia Pacific in 2009.