French bank Société Générale, as part of its strategy to accelerate the growth of its global investment banking business and the launch of its industry group platform in Asia-Pacific, has appointed David Jiang as the head of its industry group, industrial and technology, for Asia-Pacific.
Jiang, based in Hong Kong, reports regionally to Stephanie Clement de Givry, head of global banking and advisory for Asia-Pacific, and functionally to Carl Bassili and Bruno Magnouat, global co-heads of investment banking.
In this new role within the investment banking division of global banking and advisory, Jiang will support the origination and execution of investment banking activities across the industrial ( including automotive ) and technology sectors in Asia-Pacific.
He will focus on developing mergers and acquisitions, equity capital markets ( ECM ), equity private placement and other investment banking financing solutions, while enhancing the bank’s strategic dialogue with key clients in these sectors.
Jiang brings over 20 years of experience in corporate and investment banking across the Asia-Pacific region. Prior to joining the bank, he was head of technology, auto and financial sponsors for Asia-Pacific at Santander’s corporate and investment banking division.
And, previously, he held several strategic positions in investment banking, including eight years as managing director, head of Asia industrials group at UBS, followed by five years as managing director, co-head of Asia industrials investment banking at Citigroup. Earlier in his career, he also spent several years at Macquarie Capital, focusing on investment banking and direct investments.
The creation of the industry group platform and this new role underscore, the bank notes, its “ambition to expand its investment banking business in Asia-Pacific, building on its global strengths in financing, advisory and industry expertise”.