Richad Soundardjee, is the is the chief executive for the Middle East for Société Générale.   Victor Besa for The National.
Richad Soundardjee, is the is the chief executive for the Middle East for Société Générale. Victor Besa for The National.

Off hours: Société Générale Middle East chief Richad Soundardjee



Richad Soundardjee is the Middle East chief executive for Société Générale. Mr Soundardjee, 47, from France has worked for the financial institution – France’s third largest bank by assets – for 21 years, starting his current role based in Dubai in 2013. He is married with four children – three sons aged 19, 17, and six, and a three-year-old daughter.

What are your favourite things to do at the weekend?

I’m usually travelling or getting home late during the week, so I spend my weekends with the kids. My youngest son loves to go to car showrooms, so he forces me to do a tour of the few large ones in Dubai. He is a luxury car enthusiast – from the age of three, he would car-spot on the streets. He knew all the brands.

What do you consider to be your favourite hobby?

I play tennis with my older sons when they visit from Paris, and regularly with my wife. Unfortunately, my wife – who won the singles and doubles tournaments in 2014 and 2015 at our local tennis club – often beats me. I also try and catch up on the books I haven’t had time to read during the week.

What can’t you live without?

My wife and kids. I joke with my sons that my daughter is my favourite – I have a sense of protection over her that developed the moment she was born.

What do you consider the secret to your success?

Persistence. I’ve been at Société Générale for 21 years. What I have achieved, particularly in my last three positions, comes from my enthusiasm for building new businesses, or taking existing businesses to their next levels. From 2003 to 2009, for example, I was head of structured private placements in London. We created new markets in this segment and opened new avenues for the bank. My current role is about taking the bank in this region to its natural rank. We have been active here for the past two decades, and now we are entering a new phase of growth. Our five-year development plan launched in 2014 is focusing on allocating capital and developing dedicated teams on the ground, whose areas of speciality include structured finance, Islamic finance, custody, asset management and brokerage services, from our hub in Dubai and offices in Abu Dhabi and Riyadh.

What advice would you offer others starting out in your business?

Have a clear vision of what you want your business to look like in five years’ time. Don’t worry if this is an idealistic vision, because it helps you strive above and beyond what was thought possible. Most importantly, make sure you get the best people around you and this vision, because this is a people’s business.

How do you achieve a work-life balance?

I try to get involved in broader community work. I have been raised in a socially conscious family and environment, where giving back is at the core of our value system. The concept of being generous with one’s time and knowledge is what community work has taught me: that education is a privilege, and that we should share what we know. Extracurricular activities and civic engagement can teach you as much, if not more, than any business school. You have the chance to lead teams, coordinate events, manage budgets. With the added complexity that you don’t have money as an incentive for people to listen to you – so it’s all about leadership.

How do you relax after a working day?

Driving home in itself is relaxing. Most evenings I Skype with my two eldest sons, who live in Paris. They are at a critical time in their studies – taking exams that will totally change the rest of their lives. We maintain a very strong bond – we speak very often, and they come to me for every important thing happening in their lives. We have the kinds of discussions my dad and I would never have had.

If you weren’t running chief executive of this company what else would you be doing?

I would be a psychologist. I am passionate about understanding human psychology, even more so as I am exposed to so many characters in the investment banking industry that together reflect a microcosm of human psychological traits, both strengths and flaws – greed, anxiety, politicking, resilience, and the capacity to handle stress.

mkassem@thenational.ae

The%20specs
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Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5
The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

SPECS
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Israel Palestine on Swedish TV 1958-1989

Director: Goran Hugo Olsson

Rating: 5/5

UAE%20ILT20
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BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

Company%20Profile
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MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

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Crops that could be introduced to the UAE

1: Quinoa 

2. Bathua 

3. Amaranth 

4. Pearl and finger millet 

5. Sorghum

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Spare

Profile

Company name: Spare

Started: March 2018

Co-founders: Dalal Alrayes and Saurabh Shah

Based: UAE

Sector: FinTech

Investment: Own savings. Going for first round of fund-raising in March 2019

RedCrow Intelligence Company Profile

Started: 2016

Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel 

Based: Ramallah, Palestine

Sector: Technology, Security

# of staff: 13

Investment: $745,000

Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors

The Buckingham Murders

Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu

Director: Hansal Mehta

Rating: 4 / 5

The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

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The specs

Engine: 3.8-litre twin-turbo flat-six

Power: 650hp at 6,750rpm

Torque: 800Nm from 2,500-4,000rpm

Transmission: 8-speed dual-clutch auto

Fuel consumption: 11.12L/100km

Price: From Dh796,600

On sale: now

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Barbie
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