Paul Harris, a spokesman for the bank in Dubai, confirmed the memo’s contents. In addition to M&A, Kapanci will seek to increase business with private-equity firms in the region, the memo said.
In the meantime, Bloomberg also reports that Josh Witz, Societe Generale’s co-head of debt capital markets for the Americas, left the firm, according to two people with knowledge of the matter.
Michael Shapiro, who has helped manage the bank’s U.S. bond syndicate operation in New York since 2012, will shift roles, assuming Witz’s client responsibilities, said one of the people, who asked not to be identified without authorization to speak publicly.
Finally, Bloomberg News also reports that UBS is hiring Credit Suisse analyst Ignacio Cerezo to join its equity research team covering Italian banks, according to two people with knowledge of the appointment.
Cerezo, who is leaving Credit Suisse after more than four years, will start his new job November 1, said one of the people, who asked not to be identified because the appointment hasn’t been made public. He will replace Matteo Ramenghi, who became chief investment officer of the bank’s Italian unit, which focuses on wealth management.