For some, a Thomas Buberl scenario cannot be ruled out. Promoted to CEO of the Axa group in 2016, the German manager, less familiar with the continent African than his predecessor – the very patrician Henri de Castres – had fairly quickly announced the “rationalization” of the footprint of the insurance group, with the focus on the sale of several African assets. A scenario finally abandoned.
Struggling in Algeria, Societe Generale is catching up in Ivory Coast
But the announcement, on September 30, of the choice of the Franco-Polish Slawomir Krupa as future CEO of Societe Generale (he will have to be confirmed in May 2023 by the shareholders) did not fail to raise questions about the place of Africa in the perimeter of the bank – a subject which persists despite repeated denials from SocGen.
Societe Generale’s commitments in Africa remain them same