SocGen to set up advisory team in Australia

The French bank has launched an infrastructure practice in Sydney with Marie Vinnell at its head.

Société Générale’s (SocGen) has appointed Marie Vinnell to head a new infrastructure financial advisory team with responsibility for further growing the French bank's business in the Australian market.

With 15 years’ experience in project finance and an expertise in the infrastructure sector, she was director at Westpac Institutional Bank in Australia before she re-joined SocGen this month. Prior to that, she worked in the infrastructure finance team in SocGen’s global offices during 2001 to 2006 and 2007 to 2009.

In her new position, Vinnell reports to Gavin Munro, head of infrastructure finance for Asia Pacific, supported by Robert Ogden who is joining from the Hong Kong office. Ogden joined SocGen’s infrastructure finance team in London in 2006 and then transferred to Hong Kong in 2010.

SocGen established its project finance business in Australia back in 1982. It has been participating in various infrastructure finance projects in Australia, including Sydney Light Rail, Roy Hill and New Royal Adelaide Hospital in recent years.

The new team is set to complement the existing Energy and Metal & Mining teams in Sydney, identifying opportunities and providing advisory services to its clients, while the Australian Government has identified infrastructure development as a priority with a good flow of infrastructure privatisations and public-private partnership projects.