Bob Barmore has been promoted to managing director and head of loan sales for Société Générale replacing Kevin Meenan, who left July 13 to become head of distribution at ABN Amro. Meenan and an official from ABN AMRO did not return calls. Barmore, who's been with the firm for three years, was a director of loan sales. There are no hires planned in conjunction with the promotion. Barmore did not return calls for comment.
Chris O'Neill, head of syndications at Bank of Tokyo-Mitsubishi, said Barmore will bring an "active management" feel to the head position. "He'll bring an investor focus," O'Neill said, adding his 20+ years experience in the market will also make a difference. "Bob was one of the original crew of half dozen that started loans before there was a real market."
Meenan joined SG when it acquired Meenan & McDevitt Co. in June 1998. Calls to the bank were not returned by press time. Barmore will report to Neil Parekh, SG's head of credit sales, and Bob Woods, head of syndications. In his career Barmore was head of loan sales at Citibank from the early 1980s to the late 1990s.