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Home»Finance»SocGen board picks investment banking boss Krupa as new CEO
Finance

SocGen board picks investment banking boss Krupa as new CEO

October 1, 2022No Comments1 Min Read
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PARIS, Sept 30 (Reuters) – French financial institution Societe Generale (SOGN.PA) stated on Friday its board had picked Slawomir Krupa, who presently runs its funding banking enterprise, as its new group chief govt.

Krupa’s appointment might be proposed on the subsequent shareholder assembly in Could 2023, the financial institution stated in a press release.

The board’s selection was unanimous, it stated, including the European Central Financial institution had been saved knowledgeable all through the choice course of.

“He has excellent information of our financial institution, in addition to the challenges that await him; he has demonstrated his potential to guide Societe Generale, a serious European financial institution,” the financial institution’s chairman, Lorenzo Bini Smaghi, was cited as saying within the assertion.

“His first mission might be to finalise the huge transformations in progress, such because the merger of the French networks, the acquisition of LeasePlan by ALD, the growth of Boursorama, and the continued improvement of the company and funding financial institution, recentred on its core companies.”

Reporting by Sudip Kar-Gupta and Silvia Aloisi,
Enhancing by Tassilo Hummel

: .

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