Societe Generale names new chief for Saudi unit

Updated 10 October 2015
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Societe Generale names new chief for Saudi unit

Societe Generale announces the appointment of Antoine Toussaint as chief country officer and CEO of Societe Generale SAR, its CMA licensed subsidiary in Saudi Arabia. This appointment is effective as of Sept. 17.
Based in Riyadh, Antoine reports to Richad Soundardjee, Societe Generale’s CEO in the Middle East.
“The appointment of a new chief country officer and CEO in Saudi Arabia is another milestone in adapting our regional setup to the growth plan we are executing in the Middle East,” said Soundardjee.
“Antoine has created and developed the bank’s franchises in several countries, and his international and business development experience is a great asset as we expand our activities in the Arab world’s largest economy.”
Societe Generale has had a subsidiary in Saudi Arabia since 2010. The entity of the group in the Kingdom offers services under the arranging and advising licenses granted by the Capital Market Authority.
Antoine has been working for Societe Generale for more than two decades. He has held various senior positions in France, Lebanon and Serbia and was most recently Group Country Head & CEO in Bulgaria. Antoine holds a Masters degree from Institut de Preparation a l’Administration et la Gestion (IPAG – Paris).


Top CEO Conference & Awards wraps up in Bahrain

Updated 17 April 2019
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Top CEO Conference & Awards wraps up in Bahrain

The Top CEO Conference & Awards 2019, organized by TRENDS magazine — Mediaquest and international business school INSEAD, has concluded at the Al-Areen Palace and Spa in Bahrain. The event, held on Thursday, included seven key panel discussions under the theme “Growth in a Volatile Future” as well as the Top CEO Awards 2019 ceremony, which recognized the region’s most successful and trendsetting CEOs from more than 700 companies listed on GCC stock exchanges.

Top business leaders and more than 30 speakers from across the GCC shed light on the Middle East’s dynamic but volatile region and the burning issues facing the corporate world today. This year’s theme focused on a score of relevant issues, such as oil price fluctuations, tech disruptions, armed and political schisms that pose new risks, and opportunities. Speakers such as renowned economist Professor Nouriel Roubini provided growth solutions and road maps for businesses in the GCC region.

Alexandre Hawari, CEO of Mediaquest, said: “In its fifth edition, the Top CEO Conference & Awards fully encapsulated the theme of ‘Growth in a Volatile Future’ by acknowledging and exploring the growth transformation that the region is undergoing through digitalization and the fourth industrial revolution amid geopolitical tensions, looming trade wars and a rapidly evolving business environment. Building on the huge success of the previous years, the Top CEO Awards 2019 recognized CEOs and companies who have raised the bar by navigating challenges, implementing new strategies, and have demonstrated unquestionable growth, profitability and excellence in corporate governance.”

The conference kicked off with an opening keynote from Jassim Al-Seddiqi, CEO of the Abu Dhabi Financial Group and chairman of GFH Financial Group, who delved into the potential of transforming the region into a fintech hub and the importance of jumping on the digital bandwagon. 

The prime panel discussion on the “Future of Growth Amid Volatility” brought together five CEOs who explored methods to create future-proof strategies that can not only tackle challenges but also boost growth in a tough geopolitical and economic climate. 

Hisham Al-Rayes, CEO and board member of the GFH Financial Group, said: “Investing in the future in areas such as fintech, education and technology, the foundations for strong, enduring knowledge-based economies, is a priority for the group and the governments of the region in which we invest.”

“The Blockchain Opportunity” and “The Human Factor and Tech Innovation” panels brought together industry experts from Facebook, the Bahrain FinTech Bay and King Abdul Aziz University. 

“The Future of Women’s Business Leadership” panel discussed positive strides taken by GCC governments and businesses in leveling the playing field for women professionals.