Societe Generale Corporate & Investment Banking Hires John Herrlin to Head U.S. Energy Research

NEW YORK, Nov. 19, 2010 /PRNewswire/ -- Societe Generale Corporate & Investment Banking hired John P. Herrlin Jr. to head its oil and gas equity research in the U.S. where he will cover U.S. integrated energy companies as well as North American independents (E&Ps).  He will be based in New York.

Mr. Herrlin joins Societe Generale Cross Asset Research department as the firm begins to create a targeted U.S. equity research platform focusing on key global areas of coverage, including oil, gas and natural resources companies, and financial services companies.

With the launch of its U.S. equity research coverage of the oil and gas industry, Societe Generale Corporate & Investment Banking now offers its global investor clients a full complement of first-rate energy research, ranging from the bank's leading European energy company coverage as well as Societe Generale Corporate & Investment Banking's oil commodity research which was ranked #1 by Risk magazine in 2009.

Mr. Herrlin joins the bank from Alpha One Capital Partners.  Prior to that he spent 14 years at Merrill Lynch as an oil and gas analyst where he followed U.S. and Canadian E&Ps since 1999, and U.S. integrated energy companies since 2004.

Mr. Herrlin was Institutional Investor Magazine's top ranked oil and gas analyst for 6 years while at Merrill Lynch and was rated since 1994 in the E&P category.  He has also covered the oil and gas industry at Lehman Brothers and Smith Barney.

Mr. Herrlin has an undergraduate degree in geology from the University of Montana, conducted graduate studies in geology from the University of Montana and Colorado School of Mines, and earned an MBA in finance and energy management from the University of Denver.

Societe Generale

Societe Generale is one of the largest financial services groups in the euro-zone.  The Group employs 157,000 people worldwide in three key businesses:

• Retail Banking, Specialized Financing & Insurance: Societe Generale serves more than 32 million individual customers worldwide.
• Private Banking, Global Investment Management & Services: Societe Generale is one of the largest banks in the euro-zone in terms of assets under custody (EUR 3,073 billion, December 2009) and under management (EUR 344 billion, December 2009).
• Corporate & Investment Banking: Societe Generale tailors solutions for its clients across sectors by capitalizing on its worldwide expertise in investment banking, global finance, and global markets.

Societe Generale is included in the socially-responsible investment indexes: FTSE4Good and ASPI.  In 2010, the title of SAM Sector Mover was awarded to Societe Generale.

www.societegenerale.com

Societe Generale Corporate & Investment Banking

At the core of Societe Generale's universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with nearly 11, 000 professionals present in 33 countries across Europe, the Americas and Asia-Pacific.

Standing by its clients across sectors, the Corporate & Investment Bank tailors solutions for them by capitalizing on its worldwide expertise in investment banking,globalfinance, and global markets.

• For Corporates, Financial Institutions and the public sector: providing a global advisory approach (M&A, debt, equity transaction, capital structure, and asset & liability management), as well as quality capital raising solutions across the debt and equity spectrum, optimized financing and expert risk management solutions notably in the realm of foreign exchange and rates derivatives.
• For investors: offering reliable and sound investment opportunities and risk management solutions through its integrated global markets platform delivering access to markets (equity, rates, credit, currencies, commodities and derivatives), as well as advice and solid financial engineering, quality of execution and forward-looking research across asset classes.

www.sgcib.com

Unless governing law provides otherwise, all transactions should be executed through the Societe Generale entity in the investor's home jurisdiction.  In the U.S., certain services are provided by SG Americas Securities, LLC, a member of the NYSE, FINRA and SIPC.

SOURCE Societe Generale