Fimat Group reinforces Asian operations

Fimat Group, the brokerage arm of French bank Société Généralé, has promoted a number of its staff in the Asia-Pacific, in a move aimed at reinforcing its position in the region.

“Fimat remains confident of the growing prominence of the Asia-Pacific region in the global economy and... we have decided to further reinforce our management team to drive expansion,” said Sydney-based managing director for Fimat Asia Pacific Wessel van der Scheer.

Emmanuel Faure, previously managing director of Fimat Futures in Hong Kong, has been named chief executive of Fimat for Hong Kong, Singapore and Korea. In this new role, he assumes responsibility for all business lines of the group in these three markets, including trading and clearing for institutional and retail investors.

Nelson Wong was named business development manager for Asia. Wong supports the group’s sales effort and overall business development in Asia, including the launch of new products and development of new markets, such as China and India.

In addition, Fimat has promoted Toby Lawson to head Fimat Australia. He will supervise all commercial operations, including institutional sales, retail sales and electronic trading. Previously, Lawson was deputy general manager of Fimat Australia. Prior to joining the brokerage, however, he worked in the futures and derivatives division of Deutsche Bank, servicing its institutional client base.

Fimat also named Jens Winter as managing director of its Asian Clearing Centre in Sydney, where he will work to further develop and streamline Fimat’s Asian clearing capabilities in the region. Winter transfers from Fimat’s Frankfurt branch where he was in charge of the equities back-office.

Faure, Wong, Lawson and Winter will report to van der Scheer.