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Societe Generale chief executive Frédéric Oudéa to step down next year
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Frédéric Oudéa, chief executive of French bank Societe Generale, is set to step down from the bank next year, calling time on one of the longest reigns of a major European bank.
Oudéa, who took charge of SocGen in 2008, will not seek re-election as chief executive in May next year, the bank said in a statement. He announced the decision at the bank's annual general meeting held on 17 May.
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