Fouzia Boufayssi, Managing Director, Deputy Head of Financing & Liquidity Trading at Societe Generale, won Excellence in Finance at Markets Media Group’s 2023 Women in Finance (U.S.) Awards.
What was your reaction to winning the award?
It was an immense surprise. I was taken aback not only by the nomination but also by receiving the award itself. It gave me a profound sense of recognition from my management, the organization, and the industry. I felt incredibly honored and humbled by this acknowledgment which is a significant highlight in my career.
What have been the main drivers of your success?
The main drivers of my success in finance have been deeply rooted in the unwavering support and sacrifices of my parents. As immigrants, they were committed to providing their children with greater opportunities. They selflessly prioritized our education and professional growth, instilling in us, regardless of gender, the confidence to succeed. Their constant encouragement has been a source of strength and inspiration, profoundly shaping my career and personal values.
Their resilience taught us to confront challenges boldly and to never let our ambitions be undermined, especially crucial in an industry where diversity is limited. Their emphasis on perseverance and self-belief has been key to overcoming obstacles and achieving success.
Furthermore, the support from managers who provided opportunities, mentorship, and sponsorship was vital in my professional growth. Their belief in my abilities and their advocacy, along with my family’s foundational support, has been instrumental in my career in finance.
How do you measure success?
For me success is measured by personal fulfillment, the happiness of my loved ones, and achieving a harmonious balance between personal and professional life. It is about maintaining both mental and physical well-being and feeling a sense of accomplishment.
Professionally, it is defined by the trust and recognition received from colleagues, management, and the finance community. In this industry, it can only be a collective achievement, closely tied to the accomplishments of a team. It is measured not only by daily achievements but also by the ability to embrace and overcome challenges. It also means facing difficult situations while upholding personal values and a commitment to social responsibilities.
Essential to this success is maintaining the integrity of the financial system and staying adaptable to technological advancements.
What’s your advice to the next generation of women in finance?
To women and minorities in the finance industry, remember that your uniqueness is a significant strength. Bring your distinct perspective to the business. Surround yourself with mentors and sponsors who can offer guidance and support. Actively seek to learn from various peers, as this can provide diverse insights into the business. Regularly reevaluate your path and never place limits on your goals and ambitions. Importantly, don’t be discouraged by failure. A career is not only shaped by successes but also by how you navigate and learn from setbacks. Your resilience and determination are crucial in making a lasting impact in the industry.
