SOCIETE GENERALE 2014-2015 I 17 STRATEGY BOARD OF DIRECTORS* The Board of Directors regularly examines the Group’s strategy. It is responsible for protecting the interests of the company and its employees, clients and shareholders. It determines the bank’s risk appetite, ensuring that it is adhered to and that internal controls are properly conducted. It considers changes to the Group’s management structure and transactions, particularly acquisitions and divestitures, which are liable to have a significant impact on the Group’s earnings, the structure of its balance sheet or its risk appetite. The Board approves the financial statements and periodically discusses the guiding principles behind the Group’s policies regarding human resources, IT systems and organisational structure. It determines the remuneration of the Chief Executive Officers and Directors, and approves the rules governing the Group’s remuneration policy. Since 2000, the Board of Directors has evaluated its operating procedures, the results of which are made public. THE BOARD OF DIRECTORS HAS SET UP FOUR PERMANENT COMMITTEES: The Audit and Internal Control Committee The Risk Committee The Compensation Committee The Nomination and Corporate Governance Committee * As of 13 April 2014 Frédéric Oudéa Chairman and Chief Executive Officer. First appointed: 2009 – End of term: 2015 Anthony Wyand First Vice-Chairman of the Board of Directors, Company Director - Chairman of the Audit and Internal Control Committee and the Risk Committee, Member of the Nomination and Corporate Governance Committee and the Compensation Committee. First appointed: 2002 – End of term: 2015 Lorenzo Bini Smaghi Second Vice-Chairman of the Board of Directors – Independent Director – Company Director. First appointed: 2014 – End of term: 2018 Robert Castaigne Independent Director – Company Director – Member of the Audit and Internal Control Committee and the Risk Committee. First appointed: 2009 – End of term: 2018 Michel Cicurel Independent Director – Head of Michel Cicurel Conseil – Member of the Nomination and Corporate Governance Committee and the Compensation Committee. First appointed: 2004 – End of term: 2016 Yann Delabrière Independent Director – Chairman and Chief Executive Officer of Faurecia. First appointed: 2012 – End of term: 2016 Jean-Martin Folz Independent Director – Company Director – Chairman of the Nomination and Corporate Governance Committee and Member of the Compensation Committee. First appointed: 2007 – End of term: 2015 Kyra Hazou Director in listed companies – Member of the Audit and Internal Control Committee and the Risk Committee. First appointed: 2011 – End of term: 2015 France Houssaye Product and Partnership Coordinator at the Rouen branch - Member of the Compensation Committee. First appointed: 2009 – End of term: 2015 Béatrice Lepagnol Union Activities Advisor at the Agen branch. First appointed: 2012 – End of term: 2015 Jean-Bernard Levy Independent Director – Chairman and Chief Executive Officer of EDF – Chairman of the Compensation Committee – Member of the Nomination and Corporate Governance Committee and the Compensation Committee. First appointed: 2009 – End of term: 2017 Ana-Maria Llopis Rivas Independent Director – Chairman and Chief Executive Officer and Founder of Ideas4all. First appointed: 2011 – End of term: 2015 Nathalie Rachou Independent Director – Founder and Chief Executive Officer of Topiary Finance Ltd. – Member of the Audit and Internal Control Committee and the Risk Committee. First appointed: 2008 – End of term: 2016 Alexandra Schaapveld Director in listed companies – Member of the Audit and Internal Control Committee and the Risk Committee. First appointed: 2013 – End of term: 2017 The Board of Directors defines the Group’s strategy and ensures its implementation. Its members are chosen to provide a balance between experience, skills and independence, while representing the Group’s gender equality and international character. www.societegenerale.com/board-of-directors
RAPPORT_ANNUEL_2014-2015_UK
To see the actual publication please follow the link above