Fimat grows regional executive team

SG''s prime brokerage sends senior execs to Hong Kong to expand Asian operations.

Fimat Group, the brokerage arm of Societe Generale, is transferring several senior officials to Hong Kong in response to growing demand for prime brokering and other services from across Asia.

The firm has been putting resources into regional hub Hong Kong to develop its operational infrastructure, especially in the areas of risk, legal and compliance, and e-trading.

Wessel Van der Scheer has moved to Hong Kong as CEO Asia-Pacific to oversee the regional expansion. He replaces Alain Bozzi, who has been promoted to Fimat Group vice chairman and CEO in Paris. Van der Scheer had previously served as Asia managing director from Sydney since 2002.

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