Societe Generale Private Banking Switzerland names a new head of Private Banking and Executive Committee member.

Benoît Teutsch is appointed head of Private Banking and a member of the Executive Committee of Societe Generale Private Banking Switzerland (SGPBS), taking over from David Saliné, who has decided to leave the Group.

Part of his role involves managing SGPBS's commercial activities developing its growth strategy, and daily supervision of all teams of bankers, account managers, wealth planners, credit specialists, and middle office managers.

His previous experience within Societe Generale Private Banking in France and Luxembourg helps with the consolidation of existing teams within the Group's various Private Banking units in Switzerland, France, Luxembourg, Monaco, and the UK.

Retains Head of Sales Role

Teutsch's appointment to both roles is effective from September 8, and he retains his role as head of sales of Societe Generale Private Banking Europe, including Switzerland, Luxembourg, and Monaco.

Franck Bonin, CEO of Societe Generale Private Banking Switzerland, said of the appointment that «I'm delighted that Benoît has joined Societe Generale Private Banking Switzerland and its Executive Committee. His long experience and in-depth knowledge of the pan-European wealth management industry will ensure his success as head of the Private Banking business, in line with our strong ambitions both in Switzerland and internationally.»