Societe Generale strengthens its Asia Pacific investment banking presence by expanding into healthcare. The Paris-based bank appointed Ken Tung as head of industry group healthcare for APAC, based in Hong Kong. Tung brings three decades of investment banking experience, previously leading financial sponsors at HSBC. In his expanded role, he will oversee M&A, equity capital markets, and private placements across the healthcare sector while continuing as head of financial sponsors coverage. This strategic move adds healthcare to SocGen's APAC industry platform alongside industrials, tech, and infrastructure sectors, positioning the bank to capture growing healthcare investment opportunities in the region.