Organization – Société Generale

24 agile Business and Service Units close to the customer

Business lines, geographic entities, support functions, control functions, etc. 15 Business units and 9 Service units agile and close to the customer deliver daily performance.
They report directly to senior management and have gained more delegations regarding client decisions, loans, recruiting and other budgetary processes. Their managers, brought together in cross-functional steering committees, ensure the execution of the Group’s strategy.
Founded in 2019, this organization promotes theagility and proximity to customers ensuring that cooperation between companies is maintained and the independence of control functions is guaranteed.

Entities placed under the auspices of the General Management

Each Company Where Service unit is more specifically supervised by one of the members of the Board of Directors, in particular on strategic issues.

An action that revolves around three mechanisms

• Group Strategy Committee

Composed of the Chief Executive Officer, the Deputy Chief Executive Officers and the heads of Business units and Service unitsthis committee ensures the strategic management of the activities.

• Strategic Steering Committee of Business units (BU) and Service units (U.S)

Composed of the general management, the head of Business Unit or the Service unit involved, the Strategy Manager and the Managers of certain Business units and Service units, this committee meets at least annually for each of the BUs and SUs. The committee devotes its meetings to the strategic management of the relevant BU or SU.

• Cross-functional supervision of groups

The General Management coordinates the client committees (Major Risks Committee, France Major Business Committee, European Major Business Committee, Medium Business Committee) and the ten steering committees for the Group’s activity.

Focus on Responsible Commitments Committee

Since 2019, Société Générale has a Committee for Group Responsible Commitments. This committee, placed under the responsibility of the Chief Executive Officer or the Deputy Chief Executive Officer with responsibility for oversight and compliance with the risks, investigates and arbitrates complex cases involving reputational risk or non-compliance with the Group’s standards on the areas of CSR, ethics or reputation . Composed of the heads of the Compliance department, the Risk department, the Communications department, the CSR department and the managers of the relevant Business and Service Units, it is also responsible for entering into new commitments or developing the normative framework of the Group.