Societe Generale says two senior executives to leave bank

Reuters

Published Sep 23, 2022 04:12AM ET

Updated Sep 23, 2022 07:06AM ET

PARIS (Reuters) -Societe Generale, which is seeking a new chief executive, said on Friday two senior female executives would be stepping down before the end of the year.

France's third-biggest listed bank said Chief Risk Officer Sadia Ricke would leave on Nov. 30 and Caroline Guillaumin, the head of human resources and communication, would quit on Dec. 15.

Ricke, a SocGen veteran, will become group chief risk officer of Asia and Africa-focused bank Standard Chartered (OTC:SCBFF), the London-based bank said in a separate statement. She will join on Feb. 1, replacing Mark Smith, who retires at the end of this year.

Ricke joined Societe Generale (OTC:SCGLY) in 1994 and held a series of senior positions within the corporate and investment banking division before being appointed as chief risk officer last year.

Guillaumin, who has been at SocGen since 2010, will pursue a new career outside the banking sector, SocGen said, adding the successors to the two executives would be announced at a later date.