Société Générale Securities Services (SGSS) has appointed Marco Mosca as head of business development in Italy in a move aimed at bolstering the firm's business in the country.
Mosca, who will be based in Milan and reporting to CEO of SGSS ItalyFrédéric Barroyer, will be responsible for coordinating the team of Engineering, Solutions and Marketing in the development of an effective growth strategy.
He will also be overseeing the development of new products and solutions capable to respond to the needs of a complex market in continuous evolution.
Mosca joined SGSS in 2006, responsible for managing a large operational department dedicated to funds, improving operating performance of application processing, billing, commissions and customer service. In 2012,he was appointed head of fund service operations in Italy, responsible for fund accounting, transfer agency, middle office and analytics.
He previously worked as depositary bank manager at Unicredit, as back office manager at JP Morgan, and began his career as service manager at Deutsche Bank in 1997.
Frédéric Barroyer, SGSS Italy CEO, said: "Thanks to Mosca's expertise and experience in our field and also in new technologies, I'm sure he will be able to make an important contribution to the development of our business and to the consolidation of our presence among the reference Securities Services banks in Italy."
SGSS, present in 27 locations worldwide, provides financial institutions and brokers, asset managers and insurers, and businesses with a full range of securities services adapted to the latest financial market and regulatory trends: clearing services, custody and trustee services, retail custody services, liquidity management, fund administration and asset servicing, fund distribution and global issuer services.
SGSS is among the top 10 global custodians and the second largest European custodian, with over €4bn of assets under custody.