Frédéric Oudéa: SocGen CEO and Transformation Leader

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Frédéric Oudéa is a seasoned leader with a strong background in finance. He has been the CEO of Société Générale (SocGen) since 2008.

As the CEO of SocGen, Frédéric Oudéa has led the bank through significant transformations, including a major restructuring effort in 2010. This effort aimed to strengthen the bank's balance sheet and improve its profitability.

Under his leadership, SocGen has become a major player in the European banking market. The bank has expanded its operations in several countries, including Russia and Turkey.

Suggestion: Jane Fraser Ceo

Early Life and Formation

Frédéric Oudéa was born on July 3, 1963, in the 15th arrondissement of Paris. His father, Paul Oudéa, was a gastro-entérologue from Hungary who passed away in 1976.

He obtained his baccalauréat at the age of 16 before entering classes préparatoires aux grandes écoles at the lycée Louis-le-Grand.

Frédéric Oudéa attended the École polytechnique, graduating in 1981. Later, he pursued studies at the École nationale d'administration, graduating in 1987 as part of the Fernand-Braudel promotion.

His mother, Marie-Claire Domart, was a researcher at the Inserm and raised Frédéric and his two siblings in Paris after her husband's passing.

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Career at SG

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Frédéric Oudéa joined Société Générale in 1995, recruited by then-CEO Daniel Bouton. He has since held various positions within the bank, including deputy head of the corporate banking division in London.

Oudéa's first role at SG was as deputy head of the corporate banking division in London, where he later became head. He has also worked in Paris and other parts of the bank.

In 2003, Oudéa was appointed director financier of the bank. He was part of the potential successors to Daniel Bouton.

During his tenure, Oudéa played a key role in preparing the bank for the Kerviel affair, which led to an increase in capital to support the bank. He was also involved in the bank's restructuring efforts.

Here is a list of Oudéa's key positions at SG:

  • Deputy head of corporate banking division (London)
  • Head of corporate banking division (London)
  • Director financier (2003)
  • CEO (2008-present)

Oudéa has been CEO of SG since May 2008, and has led the bank through various challenges, including the Kerviel affair and the global financial crisis.

Leadership and Positions

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Frédéric Oudéa has held various leadership positions throughout his career, including CEO of Société Générale, a position he held for a record-breaking 14 years. He is known for his leadership philosophy, which emphasizes the importance of setting a clear direction and creating a culture of conviction.

One of his notable leadership roles is as the Chairman of Sanofi, a position he has held since 2023. He has also served as the President of the Fédération Bancaire Française, a role he held from 2019 to 2020. Additionally, he has been a Director/Board Member at Capgemini SE since 2018.

Here are some of his notable positions:

Active Positions

Frédéric Oudéa holds several key positions, reflecting his influence in the financial sector.

As of 2023-05-24, he serves as Chairman of Sanofi, a position that demonstrates his leadership in the industry.

In 2019-08-31, Oudéa took on the role of President at Fédération Bancaire Française, representing commercial, cooperative, and mutual banks in France.

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Oudéa has also been a Director/Board Member at Capgemini Italia SpA since an unspecified date, contributing his expertise to the company's consultancy and technology services.

In addition, he serves as Director/Board Member at Capgemini Service SAS, providing technology and outsourcing services, although the exact start date is unknown.

Oudéa is also a Director/Board Member at Ecole Polytechnique, a position he has held since 2021-12-31.

Here's a summary of Frédéric Oudéa's active positions:

Autres Mandats

Frédéric Oudéa was named to the board of directors of car rental company ALD in February 2023.

He has also held the presidency of the Fédération bancaire française, a rotating position that he took on for three separate years: 2011-2012, 2015-2016, and 2019-2020.

Oudéa took over as president of the Fondation de l’École polytechnique on December 7, 2021, succeeding Denis Ranque on January 1, 2022.

He was appointed to the board of administrators at l’École polytechnique on November 16, 2023.

Profile and Conviction

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Frédéric Oudéa was born on 3 July 1963 in Paris. He is the Chief Executive Officer of Société Générale and the president of the European Banking Federation, a role he took over in 2015.

Oudéa's education at École nationale d'administration and Ecole Polytechnique in France laid the foundation for his successful career. He worked in the economic sector of the French civil service from 1987 until 1995.

As the CEO of Société Générale, Oudéa became the longest-serving bank CEO in modern European history, a testament to his leadership skills and conviction.

Leading Conviction in Organizational Transformation

Leading Conviction in Organizational Transformation is crucial for long-term success.

Frédéric Oudéa, the former CEO of Societe Generale, emphasized the importance of leading with conviction.

He believes that setting the direction to work together and behave is key in a CEO role.

Consistency is vital, especially during both good times and times of crisis.

Oudéa tried to make his way of working consistent with his personal values.

A Man Speaking Holding a Microphone
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He led with conviction and built a way of working together that made it comfortable for employees to participate and contribute.

This approach allowed employees to use their skills and knowledge to serve clients in the best way possible.

A Culture of Conviction is essential for organizational transformation.

Nine out of ten Société Générale colleagues felt they could go to a colleague for help, thanks to Oudéa's leadership.

Profile

Frédéric Oudéa was born on July 3, 1963, in Paris.

He is the Chief Executive Officer of Société Générale and the president of the European Banking Federation, a role he took on January 1, 2015.

Oudéa has held various positions within Société Générale since joining in 1995, including deputy head of the bank's corporate banking division in London and head of the group's global supervisory arm.

He was appointed Deputy CFO and CFO of the bank from 2002 until May 2008.

Oudéa was elected president of the European Banking Federation in November 2014, succeeding Christian Clausen.

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Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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