SocGen rejigs debt, currency, commodity division

LONDON, April 3 (Reuters) - Societe Generale Corporate & Investment Banking (SG CIB) (SOGN.PA: Quote, Profile, Research) announced on Thursday a reorganisation bringing together management of its credit operations with interest rate and foreign exchange business.

The changes are designed to position the French bank to adapt to the current market environment and focus on client needs, a spokesman said. The division will be organised around five areas: "flow" or basic interest rate, foreign exchange and credit products; structured interest rates, foreign exchange and credit; capital market finance; commodities; and treasury.

The French bank also announced a series of appointments effective this month that apportion the main managerial responsibilities for the division.

Chico Khan-Gandapur is promoted to global head of the flow business and Serge Topolanski as his deputy.

Ines de Dinechin becomes global head of structured products, with deputies Hubert Le Liepvre covering credit and Bertrand Fitoussi supervising interest rates and foreign exchange.

David Coxon will oversee global capital markets financial engineering activities, with Jean-Francois Despoux as his deputy.

Remaining in place are Francois-Xavier Saint-Macary and Edouard Neviaski as global heads of commodities trading, and Danielle Sindzingre as global head of treasury and proprietary trading with Michel Bine as deputy.

Bruno Dejoux joins fixed income, currency and commodities management to enhance overall risk management to accompany business development, the bank said. (Reporting by Jane Baird; Editing by David Holmes)