Bouton steps down as SG chief executive
Daniel Bouton, chairman and chief executive of Société Générale, will step down as chief executive on May 12.
Bouton will remain as chairman, but the new chief executive will be Frédéric Oudea, who was named deputy CEO last month. He had previously spent five years as chief financial officer.
Meanwhile, Philippe Citerne and Didier Alix will remain as co-chief executives, but Citerne will step down from the bank's board of directors. He will be replaced by an independent director.
See also: SG moves on
SG promotes chief financial officer
Genius or blunder?
SGCIB names new derivatives sales chiefs
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