Societe Generale Private Banking (SGPB) has
declined to comment on market speculation that Daniel Truchi, its
global chief executive, is to be replaced.
Media reports suggest that Truchi is set to be
replaced as part of a larger overhaul of SocGen’s private banking
unit. Truchi has been at the French bank since 1997 and became its
global CEO in 2007.
Truchi is also the head of SocGen’s six-person
supervisory committee formed last January for the purpose of
directing the bank’s strategy and global development.
A number of media outlets are reporting that
SocGen’s deputy head of global finance, Jean-Francois Mazaud, is to
join the private banking unit as part of the reshuffle.
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