SG, the investment banking division of Societe Generale, has promoted a team of European fixed income cash and derivatives sales professionals marketing to banks and institutional investors. The move follows the recent departure of Mark Goldman, managing director and head of fixed income cash and derivative sales for Europe ex-France, who has joined BNP Paribas in London as European head of bond sales. Goldman could not be reached.
In the new structure, six fixed income marketing managers who previously reported to Goldman now report directly to Frédéric Desclaux, head of the department in London, according to a spokeswoman in Paris. SG decided to eliminate one layer of management, rather than replace Goldman to have a flatter structure and also to recognize the ability of the team, she continued. The team consists of Peter Arnold, covering Scandinavia, Holland and Portugal; Antonio Carranceja, covering Spain; Roberto Cengarle, covering Italy; David Ishoo, covering the Middle East, Turkey, Israel and Greece; Avril Pomper, covering Switzerland, U.K., Belgium and Luxembourg and Marcus Ribka, covering Germany, Austria and Eastern Europe. Jean-Bruno Gillet, who covers France, will continue to report directly to Desclaux. Desclaux referred calls to the spokeswoman.
