Societe Generale shakes up group management amid cost cuts

Grégoire replaces Drouet as global markets head, while Mazaud takes charge of €500m cost-cutting plan

Societe Generale - Getty - web.jpg
Societe Generale: reviewing its foreign exchange, credit and rates businesses

Societe Generale has named Jean-François Grégoire as head of its global markets business unit and made two other appointments in global banking and investor solutions, as the firm reveals plans to cut costs.

Grégoire will take over immediately from Frank Drouet, who was appointed to the corporate and investment banking role in 2016. Drouet will pursue other opportunities after spending almost 30 years at the French bank.

The announcement came on the same day that SocGen said it would be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: