Rogue trader, euro zone crisis and war, Socgen’s CEO ends ‘bumpy’ ride at top

Published by
Reuters UK

By John O’Donnell and Julien Ponthus FRANKFURT/LONDON (Reuters) – Societe Generale CEO Frederic Oudea, who navigated the French bank through a rogue trading scandal and the euro zone crisis, will leave next year, ending a tumultuous 15 years at the top. The longest-serving chief executive of a major European bank, Oudea took charge at the height of the 2008 financial crisis as the bank grappled with the multi-billion-euro fallout of a rogue trading scandal. A student of France’s elite Polytechnique engineering school and of the National Administration School, whose graduates include French pre…

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