SocGen Strategy Update Disappoints Investors Amid Cuts to Targets

The video discusses the transition of leadership at Surgeon with Slavomir Krupa taking over as CEO. The focus is on cost control and efficiency, with targets set for revenue growth and cost-to-income ratio. The company aims to improve its valuation and address challenges, including past financial hits in Russia. Strategic changes include asset sales and a focus on diversity, with initiatives to reduce the gender pay gap and increase female leadership.

Who is the new CEO that took over from Frederic?

What are the main targets set by the new CEO regarding cost control?

What is the new payout ratio target set by the new CEO?

What focus areas did the new CEO emphasize for improving the bank's performance?

What initiative was announced to address the gender pay gap?