Societe Generale Expands APAC Investment Banking Capabilities into Healthcare, Appoints Ken Tung in Hong Kong

Societe Generale has expanded its investment banking capabilities in the Asia-Pacific region by adding healthcare to its regional industry coverage platform and appointing seasoned banker Ken Tung to lead the initiative from Hong Kong.

The Paris-based bank said Tung has joined as Head of Industry Group, Healthcare, APAC, where he will oversee the origination and execution of investment banking activities across the healthcare sector in the region. His mandate includes advising clients on mergers and acquisitions, equity capital markets, equity private placements and other strategic financing solutions.

Based in Hong Kong, Tung will report 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 at Societe Generale.

In his new role, Tung will work closely with the bank’s global healthcare industry group while strengthening strategic dialogue with key healthcare clients across the Asia-Pacific region.

Tung will continue to serve as Head of Financial Sponsors Coverage, APAC, reflecting the bank’s focus on deepening relationships with private equity firms and institutional investors active in the healthcare space.

The move marks an expansion of Societe Generale’s APAC Industry Group platform, which currently includes sector coverage across industrials and technology, and power, utilities and infrastructure.

Tung brings around three decades of investment banking experience. Prior to joining Societe Generale, he served as Head of the Financial Sponsors Group, APAC, Investment Banking at HSBC since 2018. Earlier in his career, he held senior investment banking roles at Deutsche Bank and Citigroup.

The appointment underscores Societe Generale’s strategy to broaden sector expertise in Asia-Pacific as healthcare investment and consolidation accelerate across the region.