Societe Generale Private Banking (SGPB) has appointed Olivier Paccalin as head of Wealth Management Solutions.
Based in Paris, he joins the Executive Committee of SGPB and succeeds Bruno Lèbre, who becomes head of Business Development. Paccalin’s appointment has been effective since 15 September 2015.
Reporting to Jean-François Mazaud and Patrick Folléa, respectively head and Deputy Head of SGPB, he is responsible for developing the private bank’s wealth management solutions offer in all its locations worldwide.
Mathieu Vedrenne, previously COO at SGPB Suisse, becomes head of Wealth Management Solutions France, replacing Paccalin.
Based in Paris, he reports to Patrick Folléa and Olivier Paccalin and becomes a member of the SGPB France Executive Committee.
Paccalin began his career in 1998 at SGPB’s head office, where he contributed to the creation of the business line, then joined SGPB France as Marketing Manager for Portfolio Management Solutions in 2005. In 2007, he developed the entity’s Investment Advisory activity, becoming Head of the team which went on to become part of Managed Advisory in 2009.
In 2011, Olivier Paccalin was appointed local head of Investment Solutions, with responsibility for financing, life insurance and real estate, before becoming head of Wealth Management Solutions for SGPB France in 2012.
Vedrenne began his career in 1998 as a Senior Consultant at PricewaterhouseCoopers before joining Societe Generale’s Inspection Department in 2001. He joined the Group Strategy Division in 2005 and between 2008 and 2011 was Chief of Staff to Frederic Oudéa, Chairman and CEO of Societe Generale, managing the launch and implementation of the Group’s transformation programme.
In 2012, he was appointed Deputy CEO of SGPB (Suisse) SA and Secretary of the Board of Directors, occupying the role of Chief Operating Officer.
Bruno Lèbre began his career in 1988 in Societe Generale’s Inspection Department. In 1995, he was appointed Administrative and Finance Director, then, in 1997, deputy head, of Societe Generale Bank and Trust’s subsidiaries in Switzerland.
In 1998, he became head of Societe Generale Corporate and Investment Banking (SG CIB) in Switzerland and in 2000 was made Chairman and CEO of Lyxor Asset Management. In 2004, Bruno Lèbre was appointed global head of Hedge Fund Relations for SG CIB.
In 2008 he became head of Investment Solutions at SGPB then, in 2012, head of Wealth Management Solutions.