March 18, 2019 / 5:32 PM / in a month

SocGen reshuffles management after audit chief retires

FILE PHOTO: The logo of French bank Societe Generale is seen in front of the bank's headquarters building at La Defense business and financial district in Courbevoie near Paris, France, April 21, 2016. REUTERS/Gonzalo Fuentes/File Photo

PARIS (Reuters) - French bank Societe Generale has reshuffled part of its top management after the retirement of Jean-Marc Giraud as head of inspection and audit, it said on Monday.

Pascal Auge, who heads global transaction and payment services, will replace Giraud on Nov. 1, with Alexandre Maymat taking over Auge’s job on Sept. 1 to allow for a transition period, the bank said.

Maymat, who is at the helm of Societe Generale’s operations in Africa, the Mediterranean and French overseas territories, will be replaced by Laurent Goutard, the current head of SocGen’s French retail banking operations.

Long-time employee Marie-Christine Ducholet will replace Goutard on June 1. Since 2017 she has been head of client relations for domestic retail operations.

The bank’s board of directors, meanwhile, has asked shareholders to back CEO Frederic Oudea for another four-year term.

Auge, Maymat, Goutard and Ducholet will all be part of the group’s management committee.

Reporting by Inti Landauro; Editing by David Goodman

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