Societe Generale Corporate and Investment Banking has confirmed the appointment of a UK head of global finance.

Demetrio Salorio will replace Alvaro Huete, which Alvaro currently holds in addition to his position as deputy head of global finance.  Salorio’s appointment is effective 15 May 2019.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Within his remit at the bank’s UK global finance division, Salorio will oversee areas including asset finance, capital markets, natural resources and infrastructure.

Based in London, Salorio will report to Sadia Ricke, UK chief country officer and Alvaro Huete. According to Societe Generale Salorio’s replacement as global head of debt capital markets will be announced shortly.

In his role as UK head of global finance, Salorio will directly supervise all the global finance activities in the UK.  He will be responsible for defining and implementing the UK global finance strategy in the country.

Huete will retain his managerial responsibilities for global finance, excluding natural resources and infrastructure finance, until Salorio is confirmed in his position at global finance in the UK, which will be subject to regulatory approval. Responsibilities for natural resources and infrastructure finance  will continue to remain with Dominique Beretti, deputy global head of natural resources and infrastructure financing group.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Salorio has been global head of debt capital markets since 2010, said Societe Generale. He was promoted global co-head of debt capital markets in 2008 and was deputy head since 2007. In 2004, he was appointed head of financial origination. Salorio began his career at Societe Generale in Madrid in 1991 where he held different positions within debt capital markets and global finance activities in Spain.

Last December Societe General Equipment Finance (SGEF) made a raft of planned senior management changes in its business following change at the top.

SGEF said Giles Turner, managing director for the UK and head of Western Europe, will be leaving at the end of January 2019.  After more than 20 years’ service dedicated to helping SGEF grow into a major force in the UK and Europe, the lessor said Turner was going to pursue some long-postponed personal objectives.