The Société Générale banker responsible for overseeing the French bankâÂÂs â¬5.5bn ($8.4bn) rescue rights issue has been promoted less than a week after the completion of the deal.
Frédéric Oudéa, chief financial officer of Société Générale, has been made deputy chief executive as a reward for his role in leading the bankâs successful capital increase, according to one source close to the bank.
