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Societe Generale Private Banking appoints Olivier Lecler as Chief Executive Officer for Monaco

Societe Generale Private Banking has appointed Olivier Lecler as Chief Executive Officer of Societe Generale Private Banking (Monaco) with effect from February 1st, 2011. He replaces Christian Zerry, who is retiring from the Bank.

Olivier Lecler will be responsible for pursuing the strong growth strategy of Societe Generale Private Banking from Monaco, where the private bank provides solutions to mainly international high net worth clients supported by the different expertises within Societe Generale Group. In particular, Societe Generale Private Banking Monaco has developed a recognised expertise in real estate financing.

Prior to this appointment, Olivier Lecler was Chief Operating Officer of Societe Generale Global Investment Management & Services (GIMS). Most notably, he worked on the creation and organisation of Amundi – the asset management company which resulted from combining the investment management expertises of Societe Generale and Credit Agricole SA – and optimised the organisation and efficiency of the GIMS support functions.

Olivier Lecler, 43, is a graduate of the Ecole Polytechnique and ENSAE (Paris Graduate School of Economics, Statistics and Finance). He started his career in 1992 at INSEE (French National Institute for Statistics and Economic Studies) as editor of the INSEE Bulletin on the macro-economic situation. In 1996, he joined Société Générale Group as Strategic Studies Manager in the Finance and Development Division and in 1999 was appointed Finance and Development Director of the subsidiary Fimatex, now Boursorama, of which he became Deputy Managing Director in 2003. In January 2006, Olivier Lecler joined SGAM Group, firstly as Head of Finance and Operations, then as deputy to the Deputy General Manager, Operations. Until May 2008, he was Chairman & CEO of SGAM Banque, the banking entity within SGAM Group specialising in structuring for alternative investments. In June 2008, Olivier Lecler was Chief Operating Officer of SGAM and CEO of SGAM AI. Since June 2009 he has been Chief Operating Officer of Global Investment Management & Services.