Societe Generale Shakes Up Leveraged Loan Trading Unit Following Key Loss

Societe Generale has just experienced a shakeup in its leveraged loan trading unit following the departure of Tristan Laurencin, the group’s acting head – a replacement has already been selected, with the lender opting to elevate Benoit Blanchard with immediate effect.

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Mr. Laurencin originally joined Societe Generale back in 2013, having worked for the entire duration of his time at the bank as its Head of Leveraged Loans Trading in London. Prior to joining Societe Generale, he also held multiple roles at RBS and as a Loans Trader, EPIC Private Equity as a Portfolio Manager.

Additionally, he has also worked at Deutsche Bank, ABN Amro, and JPMorgan, part of a career spanning back to 2000, according to information made public on his Linkedin profile.

Mr. Blanchard has worked at Societe Generale for nearly six years as its Head of Emerging Markets Loan Trading. Having joined the group in 2010, Mr. Blanchard has specialized in loan trading at the lender, focusing on this space for the entirety of his time with Societe Generale.