SG hires Asia investment banking head from BNP

Hikaru Ogata, who was named BNP Paribas’ global head of fixed-income sales less than a year ago, has returned to Asia to head Societe Generale’s investment banking team.

Societe Generale has hired a top banker from French rival BNP Paribas to run its Asian investment banking arm.

Hikaru Ogata starts as chief executive of the Asian corporate and investment bank on September 1. He replaces De Doan Tran, who left in January after 25 years with SG to head Natixis's investment banking business.

Ogata will report to Michel Peretie, the chief executive of SG's corporate and investment bank. As our firm looks ahead, we see tremendous opportunity to move our business forward with corporates and financial institutions in Asia, said Peretie. Hikaru will contribute to further developing and executing our strategy in the region.

The loss of Ogata is a...

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