1 March 2011

Ghana: SG-SSB Gets New Managing Director

Mr. Gilbert Hie has been appointed by the Board of Directors of SG-SSB as the Managing Director of the Bank on 24th November, 2010, and approved by the Bank of Ghana on 14th February 2011.

Mr. Hie, until his appointment, was the Chief Executive Officer of Bank Republic, a Societe Generale subsidiary in Georgia. He takes over from Mr. Alain Bellissard, who retired from the services of the SG Group and SG-SSB on 31st December 2010.

An eminent Banker, Mr. Hie, who has over 29 years of banking experience in the Societe Generale Group, is commercially astute, an operationally oriented leader and has specialized in high growth environments.

Mr. Hie, with his vast and extensive experience in commodities and trade finance would be beneficial to SG-SSB.

He holds a professional degree in Banking and a Master's degree in Banking from the Centre d'Etudes Supérieures de Banque, Paris. He has attended Executive Programs in Capital Markets and Corporate Finance at the Kellogg Graduate School of Management, Northwestern University, Chicago.

Prior to his Societe Generale International career, Mr. HIE was the Manager, Euro Bonds, Euro Loans Department, and International Division in France. He also worked as a Senior Credit Analyst; a Corporate Banking Manager, a Financial Analysis Teacher at the Euro Loans Training Centre in Paris France.

Within the Societe Generale Group, he has held the following positions abroad. Head of the Recruitment and Training Centre, SGMB Casablanca, Morocco, Branch Manager, SGBS, Dakar-Senegal; Commodity & Trade Finance Manager at the SG International Branch Paris, Executive Vice President, Credit & Marketing, SG Singapore Branch, Managing Director, SG Warsaw Branch Poland, Deputy General Manager, United Arab Bank, United Arab Emirates and Chief Executive Officer, Societe Generale Bank Republic, Georgia.

SG-SSB Limited, a leading Bank in Ghana and a member of the Ghana Club 100 was awarded the Best Bank in Competitive Pricing and the Best Bank Financial Performance at the Ghana Banking Awards in 2009.

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