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Patrice Couvègnes is appointed Managing Director of Bank Saudi Fransi in Riyadh
Patrice Couvègnes is appointed Managing Director of Bank Saudi Fransi, the Crédit Agricole CIB’s Saudi affiliate. This appointment received the approval of the Saudi Arabian Monetary Agency on September 26, 2011.
Patrice Couvègnes has over 34 years experience in the banking industry. He has been appointed as Senior Regional Officer of Crédit Agricole CIB in Asia (excluding Japan and Australia), member of Crédit Agricole Management Committee and member of International Committee since July 2008. He was responsible for Crédit Agricole CIB overall corporate development and strategy in Asia.
After starting his career at the French Ministry of Equipment and Transportation, Patrice Couvègnes joined the Corporate Banking Department of Banque Française du Commerce Extérieur in 1975. In 1984, he joined Banque Indosuez as a Senior Banker and was promoted to Deputy Head of Large French Corporate Department in 1989. Patrice Couvègnes was then appointed as Regional Head Corporate Banking of Crédit Agricole Indosuez for Asia Pacific in 1996. He became Country Head of Crédit Agricole Indosuez in South Korea in 2000 and Country Head of Calyon (renamed Crédit Agricole CIB) in Japan in 2005.
Patrice Couvègnes holds a PhD in Economic Science from Paris I University
About Bank Saudi Fransi
Bank Saudi Fransi (BSF) is affiliated with Crédit Agricole Corporate and Investment Bank that holds an equity interest of 31.1%. BSF is one of the largest banks in Saudi Arabia by total assets.
BSF is a full service commercial bank (private and retail banking) serving the local and international banking needs of its clients. It is a leading provider of comprehensive financial services and products in the Kingdom of Saudi Arabia and other markets.
BSF aims at creating a long term and personalised partnership with all its customers, gaining loyalty through recognised banking expertise, quality of service, as well as innovative and customised financial solutions.
About Crédit Agricole Corporate and Investment Bank
Crédit Agricole CIB is the Corporate and Investment Banking arm of the Crédit Agricole Group.
Present in more than 50 countries, Crédit Agricole CIB offers its clients a comprehensive range of products and services in capital markets, brokerage, investment banking, structured finance, corporate banking and international private banking.
The Corporate and Investment Bank is structured around four major divisions: Coverage and Investment Banking, Equity Brokerage and Derivatives, Fixed Income Markets and Structured Finance.