Societe Generale corporate and investment banking (SGCIB) has added to its equity derivatives franchise in the region, bringing in Bernard Desforges. Based in Hong Kong Desforges will be head of equity derivatives Asia-Pacific and reports directly to the Christophe Mianne, SGCIBÆs Paris-based global head for equity derivatives.

In his new position, Desforges will assume responsibility for the management of equity derivatives sales, structuring and trading for the Asia-Pacific region. His appointment comes as SGCIB looks to bulk up it Asian presence over a number of lines.

Desforges takes on the role after the relocation of Frank Drouet relocates from its Tokyo offices to Paris to focus his attentions on volatility trades.

Prior to accepting the new role, Desforges was SGCIBÆs global head of sales and structuring for equity derivatives in Paris. In this post he was responsible for sales and marketing of structured products, flow products and list products including warrants, certificates and exchange traded products.

His experience within the firm also extends to Lyxor Asset Management, which he founded in 1998. The fund manager opened up in Asia in November 2001 and has developed its business line to focus on structured management, index-linked management and alternative structured management.

Desforges first joined Societe Generale in 1987 and brings over 1o years of equity derivative experience in Asia and Europe to the new role.