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.”