Societe Generale Private Banking (SGPB) has hired Olivier Paccalin as new head of wealth management solutions, replacing Bruno Lebre.
Based in Paris, Paccalin will report to SGPB head Jean-François Mazaud and SGPB deputy head Patrick Folléa. He will also join SGPB’s executive committee.
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In his new role, Paccalin will be responsible for developing the private bank’s wealth management solutions offer in all its locations worldwide.
Paccalin, who joined SGPB’s head office in 1998, has held several roles including marketing manager for portfolio management solutions at SGPB France and developed the entity’s investment advisory activity, becoming head of the team.
He also served as head of Wealth Management Solutions for SGPB France and local head of Investment Solutions.
Meantime, Lebre will assume a new role as head of business development.
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By GlobalDataAdditionally, SGPB has appointed Mathieu Vedrenne as new head of wealth management solutions France succeeding Paccalin.
Vedrenne will also be based in Paris and report to Patrick Follea and Olivier Paccalin and will become a member of the SGPB France Executive Committee.
Vedrenne, who joined Societe Generale’s Inspection Department in 2001, was most recently COO at SGPB Suisse and worked at the Group Strategy Division and also served as chief of staff to Societe Generale chairman and CEO Frederic Oudéa. He started his career in 1998 as a senior consultant at PricewaterhouseCoopers.
