MILAN, Apr 5 (Class Editori) – Gianluca Soma, Head of International Banking Networks for Europe and Head of International Banking and Financial Services, from July,1 will also take on the role of Group Country Head for Russia on behalf of Societé Générale (SocGen). Soma was appointed by Didier Hauguel, who after 35 years decided to devote himself entirely to "Imagine for Margo-Children Without Cancer", an association that he has been supporting for a long time. The appointment has a particular significance, if we consider the relations between Italy and France of the last few months.
"No one in Paris has ever made a single joke or embarassed me. I have been living in France for 11 years, since I joined SocGen, and I have experienced a perfect integration process. I never felt like a foreigner," said Soma. The industrial plan of the French bank, "Transform to grow", mentions Russia in the "emerging leaders" section together with Africa.
The economy in Moscow is based on revenues for around 735 million euros, which represent 13% of the international retail turnover of SocGen "This is a significant order of magnitude, if we consider that it concerns a single country, albeit a large one," explained Soma. "The investment in Russia through Rosbank is one of the major investments in the history of the bank which in recent years has begun to pay off."
"The goal is to turn Rosbank into the leading bank in Russia among those with foreign capital and to make it one of the main banking institutions on ROE level between 2020 and 2021."
"We are aiming for a great acceleration in the innovation and digital world," added Soma. "For instance, we are actively pursuing the digitization of all branches and we want our leading role to be recognized also in this respect." As for the future, beyond the objectives regarding profitability, Soma's task will be to continue to ensure synergies with SocGen, which have already contributed to the effective turnaround of Rosbank. The only concern involves the macro situation.
"Our plans are ambitious. as we are aiming to nibble market shares to competitors, But these plans need solidity and continuity from a macroeconomic point of view," concluded Soma.
(Source:Class Editori)
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