Societe Generale Global Solution Centre (SG GSC) appoints Nippi Kochhar as CEO

PR Log (Press Release) – Jul 08, 2009 – Bangalore based Societe Generale Global Solution Centre (SG GSC), has announced the appointment of Nippi Kochhar as the company’s Chief Executive Officer (CEO). SG GSC is a wholly owned subsidiary of the France based Societe Generale Group, set up as a strategic arm of the bank and currently providing services in the areas of Information Technology, Business Process Outsourcing, IT Infrastructure Services and Business Consultancy.

Nippi brings to SG GSC more than 27 years of extensive international experience across 10 countries in heading the business, operations, finance and technology functions for several banks. He has held various senior positions for large multinational banks including Citibank, ABN AMRO and National Commercial Bank.

In his last assignment, Nippi was the Managing Director for ABN AMRO for the Consumer Clients & Commercial Clients business in South East Asia. Prior to ABN AMRO, Nippi worked with Citibank Private Banking Group as the Director of Operations & Technology for the EMEA region.  

Welcoming Nippi to the management team, Françoise Delasalles, SG GSC Chairperson and Head of Societe Generale Corporate Resources Division said "Nippi brings to SG GSC and the Group his vast experience in the banking industry, knowledge of the market and proven leadership qualities."

Nippi said, "It's a pleasure to join Société Générale leadership team and have the opportunity to build on its success."  

He succeeds Ramesh Kumar who joined Société Générale in 1997 in Singapore and later became Chief Executive Officer of SG GSC in 2001.

Société Générale
Société Générale is one of the largest financial services groups in the euro-zone.  

The Group employs 163,000 people worldwide in three key businesses:

§   Retail Banking & Financial Services: Société Générale serves more than 30 million individual customers worldwide.

§   Global Investment Management & Services: Société Générale is one of the largest banks in the euro-zone in terms of assets under custody (EUR 2 762 billion, March 2009) and under management (EUR 332 billion, March 2009).

§   Corporate & Investment Banking: Société Générale ranks among the leading banks worldwide in euro capital markets, derivatives and structured finance.

Société Générale is included in 3 socially-responsible investment indexes: FTSE4Good, ASPI and Ethibel.
www.socgen.com

Société Générale Global Solution Centre (SG GSC)

§   Shared service center driving product and process innovation in Information Technology & Business Processes.

§   Started in 2000 in Bangalore, India’s Silicon Valley, as a dedicated software development and service centre.

§   Over 900 staff currently provides services encompassing projects in application development & maintenance, operating administrative processes, financial accounting, performance management and IT consultancy to Société Générale’s business lines around the world.

§   Société Générale Global Solution Centre is a subsidiary of Société Générale; all its staff are employees of the bank, sharing a long term perspective and developing global best practices to promote Société Générale’s strategic objectives.

§   SG GSC has an ISO Certification for compliance with the ISO 9001 standards.
www.socgensolutions.com