Marc Saffon, head of financial engineering at Société Générale Securities in Tokyo, has moved to Paris as head of financial engineering, ex-France. He reports to Denis Alexandre, global head of financial engineering in Paris, according to a spokeswoman in London. Reasons for the move could not be determined by press time. Alexandre and Saffon did not return calls.
Eric Cordelle, director in the financial engineering department in Tokyo, said he has assumed Saffon's responsibilities, declining further comment.