I by IMD Slawomir Krupa, how can a 160-year-old bank reinvent itself?
What does it take to restore confidence in a 160-year-old bank that investors had stopped believing in?
In this episode, IMD’s Jean-François Manzoni speaks with Societe Generale CEO Slawomir Krupa about rebuilding a major institution from the inside out: stronger capital, more cost discipline, harder strategic choices – and a leadership culture of clarity and accountability.
Krupa does not frame transformation as storytelling. He frames it as work. He says the bank inherited “weak foundations,” warns that dismissing challengers such as fintechs is “a recipe for disaster down the road,” and explains why some painful decisions were made because “it was the right thing to do.”
Our Guest:
Slawomir Krupa
Chief Executive Officer, Societe Generale
Slawomir Krupa became CEO of Societe Generale in May 2023 after spending nearly his entire career at the bank. Before becoming CEO, he held senior leadership roles across Corporate and Investment Banking, served as CEO of Societe Generale Americas, and led Global Banking and Investor Solutions. Under his leadership, the bank has focused on restoring capital strength, simplifying the portfolio, and repositioning for sustainable growth.