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Societe Generale Announces New CEO

Societe Generale Announces New CEO

(3 October 2022 – France) France's third biggest lender, Societe Generale, announced investment banking chief Slawomir Krupa has been chosen by the board to become its next CEO.

Krupa succeeds veteran banker Frederic Oudea who is due to step down next year. The French bank said in a statement the board had chosen Krupa unanimously at the end of a selection process which included internal and external candidates.

 

"He has perfect knowledge of our bank, as well as the challenges that await him; he has demonstrated his ability to lead Societe Generale, a major European bank," the bank's chairman, Lorenzo Bini Smaghi, said in the statement.

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