# Societe Generale says two senior executives to leave bank
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-09-23
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Societe Generale Female Executives to Step Down:
Meta Description: Two senior female executives at Societe Generale will be stepping down before the end of the year. Find out more about these leadership changes.
URL: https://financedigest.com/societe-generale-says-two-senior-executives-to-leave-bankhtml

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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](https://www.financedigest.com/crown-agents-bank-owner-explores-sale-of-british-payments-group-sources.html "Crown Agents Bank owner explores sale of British payments group –sources") Standard Chartered, 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](https://www.financedigest.com/equity-markets-show-strong-end-of-year-performance-in-camradatas-q4-2017-investment-research-reports.html "Equity Markets Show Strong End of Year Performance in CAMRADATA’s Q4 2017 Investment Research Reports").

Ricke joined Societe Generale in 1994 and held a series of senior positions within the corporate and [investment banking](https://www.financedigest.com/credit-agricole-launches-china-ma-and-investment-banking-business.html "Credit Agricole launches China M&A and investment banking business") 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](https://www.financedigest.com/big-ecb-hike-adds-fuel-to-the-banking-sector-fire.html "Big ECB hike adds fuel to the banking sector fire"), SocGen said, adding the successors to the two executives would be announced at a later date.

In May, Chief Executive Frederic Oudea said he would step down [next year](https://www.financedigest.com/how-open-banking-will-change-the-banking-industry-in-the-next-10-years.html "How Open Banking will change the banking industry in the next 10 years") after running the lender for 15 years.

A decision on a new chief executive is expected next month, with the head of the [bank’s retail](https://www.financedigest.com/uk-retail-banks-is-irrelevance-curtailing-opportunity.html "UK Retail Banks: Is Irrelevance Curtailing Opportunity?") networks, Sebastien Proto, and investment banking chief Slawomir Krupa seen as the leading internal candidates.

(Reporting by Dominique Vidalon and Silvia Aloisi, editing by Kirsten Donovan)


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