SocGen Expands APAC Capabilities Into Healthcare
Paris-based Societe Generale has extended its investment banking capabilities into healthcare and announced a senior appointment in Hong Kong to support the business.
Societe Generale added the healthcare sector to its Asia Pacific Industry Group platform and appointed Ken Tung as head of industry group, healthcare, APAC, according to a statement. Based in Hong Kong, he reports regionally to Stephanie Clement de Givry, head of global banking and advisory for APAC, and functionally to Carl Bassili and Bruno Magnouat, global co‑heads of investment banking.
In his new role, Tung will oversee the origination and execution of investment banking activities in the healthcare sector across the region, working closely with the bank's global healthcare industry group. His responsibilities include M&A, equity capital markets, equity private placements, and a broad range of investment banking solutions, while also strengthening strategic dialogue with key clients in the sector.
He will also continue to serve as head of financial sponsors coverage, APAC. The bank’s APAC industry group platform currently includes industrials and tech, and power, utilities and infrastructure.
Tung has three decades of investment banking experience and prior to joining Societe Generale, he served as head of financial sponsors group, APAC, investment banking at HSBC since 2018. Previously, he also held senior strategic positions in investment banking at Deutsche Bank and Citigroup.
