Jean-Pierre Mustier will run investment banking at Société Générale following the death of Xavier Debonneuil, while Frédéric Oudéa replaces Hervé Saint-Saveur as chief financial officer at group level.

Jacques Bouhet, chief executive officer of SG Americas and Debonneuil's deputy, was made interim head of SG's corporate and investment banking division after Debonneuil died in a car accident on December 26, but Mustier was tipped to take on the role in the long term.