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Société Générale: a new executive governance

(CercleFinance.com) - Société Générale: a new executive governance
Slawomir Krupa presented to Société Générale's Board of Directors on 8 March 2023 the future executive governance and management team he plans to appoint as he takes office as Chief Executive Officer.



Slawomir Krupa will be proposed by the Board of Directors of Société Générale as a director at the General Meeting of 23 May 2023, with a view to being appointed Chief Executive Officer on the same day.

Around the CEO, the renewed and strengthened management team is set to consist of two Deputy CEOs and a newly created Executive Committee as of 24 May 2023. The new team will present the Group's new strategic roadmap in Q3 2023.

The Board of Directors unanimously approved Slawomir Krupa's proposal to appoint Philippe Aymerich and Pierre Palmieri as Deputy CEOs, effective from 23 May 2023.

The Executive Committee will be composed as follows (in addition to the Chief Executive Officer and the two Deputy Chief Executive Officers): Anne-Christine Champion, joining Société Générale Group as Co-Head of Global Banking and Investor Solutions, Marie-Christine Ducholet, Head of the SG French Retail Banking Network, Claire Dumas, Group Chief Financial Officer, Alexandre Fleury, appointed Co-Head of Global Banking and Investor Solutions, Delphine Garcin-Meunier, appointed to the new role of Head of Mobility and International Retail Banking, Stéphane Landon, Group Chief Risk Officer, Laura Mather, joining Societe Generale as Group Chief Operating Officer, Laetitia Maurel, appointed Group Head of Communication, Grégoire Simon-Barboux, Group Head of Compliance.

The constitution of the new management team would be based on several principles.

A tightly-knit General Management team consisting of the Chief Executive Officer, Slawomir Krupa, and two Deputy Chief Executives, who would be responsible for proposing and implementing the bank's development strategy in an efficient and cohesive manner.

The creation of an Executive Committee, around the Chief Executive Officer and the Deputy Chief Executives, allowing the Group's management team to work in a simplified and coherent manner to strengthen the performance of all its activities and to manage its resources and risks effectively.

The desire to entrust all management positions to professionals recognised in their field and a strong principle of gender parity.



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