Societe Generale Private Banking appoints CEO for Singapore-registered trust company

Societe Generale Private Banking has appointed Steven Lim as Chief Executive Officer of SG Trust (Asia) Ltd, a Singapore registered public trust company and a subsidiary of the Private Bank. He reports to Olivier Gougeon, South Asia CEO, Societe Generale Private Banking

Steven Lim will be responsible for developing Societe Generale Private Banking’s range of products and services to cater to the increasing requirements of wealthy Asian clients with regard to succession planning, transmission, protection and preservation of family wealth.

SG Trust (Asia) Ltd is part of the private bank’s centre of expertise in Wealth Planning and Fiduciary Services that comprises 240 experts in 14 locations worldwide, including a team of 25 financial engineers and wealth planners in Asia. These experts provide solutions to all clients’ individual needs based on a transversal, bespoke and customized approach that offers wealth planning services throughout the world.

The appointment of Steven Lim, a major player in this field, is a key factor in developing the private bank’s business in Asia. SG Trust (Asia) has strong ambitions to pursue its growth significantly over the next 5 years.

Steven Lim is a seasoned veteran with more than 23 years’ experience in the financial, trust and wealth management industry in the region. His deep knowledge of local and global trust law will be key to responding to clients’ objectives and requirements.

Steven Lim, 54, has a Bachelor’s degree in Commerce from the University of Newcastle, Australia. He was previously with HSBC Trustee and his last position held was with a consulting firm, Strategic Associate. A Singaporean, he also holds several directorships in Singapore Stock Exchange-listed companies.