Societe Generale appoints Fouad Farah as Head of Global Banking and Advisory

Societe Generale announces the appointment of Fouad Farah as Head of Global Banking and Advisory, effective 1 August 2024.

Fouad Farah has over 25 years of banking experience within Societe Generale’s Global Banking and Investor Solutions (GBIS) division. He was most recently Head of Global Markets, Americas. Fouad Farah replaces Demetrio Salorio who leaves the bank to pursue outside endeavors.
Fouad Farah will report directly to Anne-Christine Champion and Alexandre Fleury, Co-Heads of Global Banking and Investor Solutions.  He will remain part of the Group Management Committee and will be a member of the GBIS Executive Committee. 

In his new role, Fouad Farah will oversee the strategic direction of the Global Banking and Advisory business unit and its ongoing transformation, further growing the bank’s leading franchises and strengthening its client relationships. Central to this strategy is the evolution to an asset light model and the effective integration of the recently implemented Origination, Distribution and Portfolio Management pillars. Fouad Farah will lead the ongoing development of Societe Generale’s Investment Banking efforts, capitalizing on the synergies related to the recent launch of the Bernstein joint venture to enhance our global equity franchise. He will also continue to build on the Bank’s leadership in ESG and sustainable finance.

Anne-Christine Champion and Alexandre Fleury commented: “Fouad Farah has in-depth corporate and investment banking expertise and a proven track record in enhancing our origination and distribution capabilities. He is highly qualified to further lead innovative and transformative pathways to grow in a sustainable manner our wholesale client and solution-driven franchise. We want to sincerely thank Demetrio Salorio for his many years at Societe Generale”.

Biography

Fouad Farah joined Societe Generale in 1999 as a quant/trader in the Arbitrage Equity/Debt Group, and in 2000 he joined the Credit Derivatives Trading team in Paris. In 2005, he was promoted to Head of Risk Management, Credit Derivatives, based in London; and from 2006 to 2009 he served as Global Head of Exotic Credit Trading. In 2009, he was named to lead the Special Situations Trading Group, while also assuming the roles of Global Head of Exotic Credit Trading and Head of U.S. Credit Trading. From 2012 through 2014, he was Global Head of the Securitized Products Group. Following the creation of the Asset-Backed Products Group in 2015, he initially held the role of Global Head of Trading followed by Global Deputy Head and Head of the Asset-Backed Products Group in the U.S. In 2021, Fouad was named Head of the Credit and Structured Financing, and Head of Fixed Income, Americas in 2022. In 2023 he was named Head of Global Markets, Americas. Fouad Farah holds a diploma from Ecole Polytechnique and Ecole des Ponts et Chaussées in Paris.

Press contacts:

Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com

Benjamin Fayol_+33 1 42 13 08 11_ benjamin.fayol@socgen.com