Société Générale Plans 1,800 Job Cuts in France
Published on 01/22/2026 at 04:14 am GMT

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Published on 01/22/2026 at 04:14 am GMT


After spending 26 years at Société Générale, Slawomir Krupa has been appointed chairman and CEO of the red and black bank and will succeed Frédéric Oudéa in May 2023.
He has previously held numerous positions such as general manager of the investment bank or chief of staff of Jean-Pierre Mustier. In-house product of the French bank, he has experienced the various crises that have shaken the SG as the Kerviel affair and the near bankruptcy of the bank in 2008 then in the middle of the subprime crisis or the sovereign debt crisis in 2011.
Slawomir Krupa started his career in 1996 as an inspector at the General Inspection of Société Générale. In 1999, he followed the dotcom bubble and left the French bank to found and manage an Internet start-up specialized in e-finance in Eastern Europe.
After the downturn and the crisis of 2001, he finally rejoined Société Générale in 2002 and resumed his functions within the General Inspection department to be appointed in 2005 to the management committee of this department. In 2007, he was promoted to Chief of Staff of Société Générale Corporate & Investment Banking. In 2009, he became Head of Strategy and Development and Head of Societe Generale Corporate & Investment Banking for Central and Eastern Europe, Middle East and Africa. In January 2012, he became deputy head of financing activities, overseeing in particular primary bond activities, securitization and leveraged finance, while retaining his regional responsibilities, which were extended in 2013 to private banking, asset management and the securities business.
His time in the United States between 2016 and 2021 as CEO of Société Générale Americas allowed him to improve relations with the US central bank (FED). Since 2021, he has been head of the Corporate and Investment Bank (CIB). In particular, he has been working to slim down risky activities - the hallmark of Société Générale - such as derivatives.

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