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societe generale appoints alexis kohler as executive vice president in 2025
Societe Generale has appointed Alexis Kohler as Executive Vice President, effective June 2025. He will lead Investment Banking, oversee the Group's General Secretariat, and assist in transformation programs, bringing extensive experience from his previous roles in the French government and international financial institutions. Kohler's addition to the Executive Committee aims to enhance the bank's competitiveness and sustainable performance.
société générale shows promising signs towards achieving 2026 strategic goals
Société Générale is pursuing a strategic turnaround by 2026, aiming for a CET 1 ratio of 13%, a cost-to-income ratio below 60%, and a RoTE of 9-10%. Following a strong Q3 2024 performance, with net income soaring to €1.367 billion, analysts are increasingly optimistic about the bank's recovery and its ability to meet these targets. CEO Slawomir Krupa emphasizes a focus on capital build-up and profitability improvement amid ongoing restructuring efforts.
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