Société Générale has appointed Frederic Surdon as head of asset finance, effective immediately. This new department includes the export finance, aviation, real estate and shipping finance teams as well as the structured solutions and leasing teams. Based in Paris, Surdon reports to Pierre Palmieri, head of the global finance division.

Surdon has served as global head of export finance since 2013 and in his 20 years at the bank he has covered several roles, including chief operating officer in the global finance division, and head of structured asset finance.

Hacina Py will replace Surdon as global head of export finance. She also counts 20 years of experience within the bank; most recently, she was head of scarce resources management for financing activities. In her new role she will continue to develop the bank’s export finance business.